Kerry: US will make up for 4 years of lost action on climate Photo: AP Photo/Peter Dejong. Wind turbines are seen on a dike near Urk, Netherlands, Friday, Jan. 22, 2021. A group of scientists, including five Nobel laureates, called Friday for more action to adapt the world to the effects of climate change, drawing comparisons with the faltering response to the coronavirus crisis, ahead of a major online conference on climate adaptation starting Monday and hosted by the Netherlands. Associated Press Created: January 25, 2021 10:01 AM
The world must take decisive action to build resilience to the devastating effects of climate change, U.S. climate envoy John Kerry told a global virtual summit Monday, pledging that President Joe Biden s new administration would play its role.
The World Bank announced Thursday it will put $34 million into a programme to provide coronavirus vaccines for more than two million people in Lebanon, which extended on Thursday a nationwide lockdown by a week to February 8.
Thursday, 21 January, 2021 - 06:30
Members of the Lebanese security forces check citizens documents at a COVID-19 checkpoint near the coastal town of Safra on the Tripoli-Beirut main highway on January 19, 2021, as Lebanon enters a second week under lockdown aimed at preventing the country s creaking healthcare system from collapsing. (Photo by JOSEPH EID / AFP) Asharq Al-Awsat
The World Bank announced Thursday it will put $34 million into a program to provide coronavirus vaccines for more than two million people in Lebanon, which is experiencing a major surge in Covid-19 cases, marking the first such outlay of funds by the Bank. This is the first World Bank-financed operation to fund the procurement of Covid-19 vaccines, the Washington-based institution said in a statement.
Read more about China needs to learn to restructure emerging market debt: WB economist on Business Standard. Increasing debt distress in emerging markets means that China, will need to start restructuring debts in the same way that Paris Club lenders did in past crises, Reinhart said
NEW YORK, Jan 13 Increasing debt distress in emerging markets means that China, now the world’s largest official creditor, will need to start restructuring debts in the same way that Paris Club lenders did in past crises, World Bank Chief Economist Carmen Reinhart told the Reuters Next.