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G20 Summit in India opportunity to act on reforming global financial system amid crushing debt crisis: UN chief Guterres

UN Secretary-General Antonio Guterres has said that the G20 Summit to be hosted under India's Presidency provides an opportunity to take action on debt relief and reform the global financial system, as he voiced concern over the "crushing debt crisis" in the world. Speaking at the launch of a UN report 'A World of Debt' here on Wednesday, Guterres said, "Some 3.3 billion
New Delhi Antonio Guterres Mia Mottley Sustainable Development Goals Sdgs Multilateral Development Banks General Antonio Guterres

The World Bank Promises to Revamp Its Climate Finance Tracking. We Have Some Recommendations.

On June 14, we published a paper titled โ€œWhat Counts as Climate?โ€ where we argued that the World Bank has developed a climate portfolio that lacks estimates of greenhouse gas emissions reductions and has no standardized reporting on GHG estimates. Last week, the World Bank sent an email to members of civil society, indicating changes to how it tracks climate outcomes. That's greatโ€”are some more suggestions to improve.
Multilateral Development Banks Or The Bank World Bank Multilateral Development
Source: cgdev.org

African Development Bank's Adesina to Speak At 2023 Opec Fund Development Forum [press release]

What: African Development Bank's Adesina to speak at 2023 OPEC Fund Development ForumWho: OPEC Fund for International Development; African Development Bank Group President Akinwumi Adesina; government leaders; and global expertsWhen: 20 June 2023Where: Vienna, Austria (click here to attend virtually)The President of the African Development Bank Group, Dr. Akinwumi A. Adesina, will join other global leaders to speak at the 2023 OPEC Fund...
Akinwumi Adesina Muhammad Al Jasser Agence Fran Abdulhamid Alkhalifa Akinwumia Adesina Syndigate Media Inc
Source: msn.com

Guterres Says Reforms To IMF Quotas Needed,Boosting Representation Of Developing Countries

UN Secretary-General Antonio Guterres said on Monday that reforms to the International Monetary Fund (IMF) quotas are needed and the representation of the developing nations in both the IMF and the World bank should be expanded to address injustices and systemic bias in the international financial architecture
World Bank District Of Columbia United States Antonio Guterres Multilateral Development Bank International Monetary Fund

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Collective action can "move mountains" for Africa | United Nations Economic Commission for Africa

Sharm El-Sheikh, 26 May 2023 (ECA) - Deputy Executive Secretary and Chief Economist of the Economic Commission for Africa (ECA), Hanan Morsy, has called for continued collective action in support of the Africa High-level Working Group on Global Financial Architecture (HLWG).โ€œOur key objective is to build African consensus on what needs to be done and amplify the continent's
United States Sharm El Sheikh Janub Sina Ken Ofori Atta Albert Muchanga Akinwumi Ayodeji Adesina
Source: uneca.org

COP28 committee reviews plans and progress

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Chairman of the Higher Committee responsible for preparations of the 28th session of the Conference of the Parties to the UNFCCC (COP28 UAE), convened members to discuss COP28โ€™s preparations and crucial milestones in the lead-up to the UAE-hosted climate summit.
United Kingdom United States France General The World Bank District Of Columbia United Arab Emirates
Source: tag911.ae

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