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Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress
Cheap panels from China help expansion, often by private citizens
Two groups of finance ministers and one of experts set out how multiplying climate investment would create millions of jobs and save lives
World Bank online dashboard helps countries evaluate targets
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Moves for a closer alliance between European’s two main development institutions appear to be accelerating, as France exerts diplomatic pressure to boost the continent’s soft power. -
The advance of global warming, highlighted by the Intergovernmental Panel on Climate Change’s report this week, not only demands that the private sector accelerate efforts to cut carbon emissions. Companies must also adapt to the changing climate – and this will involve interacting in new ways, experts say.
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Asia International School (AISL) is tapping the offshore market for a debut loan of up to $180m.
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Vietnam’s Vinfast Trading and Production has raised a $950m guaranteed term loan to help it buy machinery and equipment from nine German suppliers.
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World Bank Group president Jim Yong Kim plans to take the new Human Capital Index he launched on Thursday to Davos in the new year, where he will urge CEOs of companies in lagging countries to invest in health and education.
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Masdar, a Middle Eastern renewable energy company headquartered in the United Arab Emirates, has launched the region’s first green revolving credit facility, in a bid to fulfil sustainability goals and investments into clean technology.
