Page 159 - World Development News Today

Non-Resident Scholar Shahrokh Fardoust is a research professor at the Institute of the Theory and Practice of International Relations at the College of William and Mary. He has more than 30 years’ experience in crafting economic development policy and analyzing the global economy and prospects. From 2008 to 2011, he was director of strategy and operations for development economics at the World Bank, where he contributed to the research and policy priorities of the chief economist and ensured ...

Workers of the World: Growth, Change, and Rebellion The working class of the twenty-first century is a class in formation, as one would expect in a world where capitalism has only recently become universal. At the same time, Marx himself reminded us long ago, in speaking of the development of classes in England where they were “most classically developed,” that “even here, though, this class articulation does not emerge in pure form.” 1 The working class, of course, is much broader tha...

Clifford Chance has advised J.P. Morgan Securities and UBS on New World Development (NWD) Company Limited’s issuance of US$200 million 3.75% Guaranteed Sustainability-Linked Notes due 2031. The issuance is the first US dollar sustainability-linked bond by a real estate company globally and also the first US dollar sustainability-linked bond in Asia (ex Japan). The Notes have a sustainability performance target of achieving 100% renewable energy for NWD’s Greater Bay Area rental properties ...

Adaptation projects meant to reduce risk from climate change can sometimes create new sources of vulnerability in developing countries, finds a new study led by the University of Oxford and the Norwegian University of Life Sciences (NMBU). Unless adaptation is rethought, the findings show, new projects are likely to repeat the same patterns that worsen vulnerability to climate change. The findings indicated that beyond unintended negative consequences, internationally-funded adaptation interve...

Director General, National Council of Applied Economic Research, India Shekhar Shah is the Director General of the National Council of Applied Economic Research (NCAER). As the CEO of India’s oldest and largest independent economic think tank, he manages NCAER’s wide-ranging research activities across all sectors of the economy, including its extensive data collection, innovation, and curation activities. Prior to joining NCAER, Shah was the World Bank’s Regional Economic Adviser for Sou...

Manager, Development Data Group, The World Bank Group Umar Serajuddin is a Manager in the World Bank’s Development Data Group (Indicators and Data Services Unit). He leads the Bank’s Open Data initiative and oversees the management of the World Development Indicators. He manages the teams that publish some of World Bank’s most prominent global public goods including the global poverty numbers (PovcalNet), the World Integrated Trade Solutions (WITS), the Microdata Library, and Open Data C...

The planet is dying faster than we thought Brandon Specktor © Provided by Live Science Charred trees are seen along Pallet Creek Road during the Bobcat Fire in Valyermo, California, September 18, 2020. Humanity is barreling toward a "ghastly future" of mass extinctions, health crises and constant climate-induced disruptions to society -- one that can only be prevented if world leaders start taking environmental threats seriously, scientists warn in a new paper published Jan. ...

Benenden School is set to open in the Panyu district of Guangzhou, China in late 2023

Adrian Cheng's K11 mall joins Chanel and Burberry in issuing a sustainability-linked bond, which commits the company to a renewable-energy goal.

Hong Kong real estate developer New World Development issues a 10-year US$200 million sustainability-linked bond (SLB) with a coupon rate of 3.75%.