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Somalia's economy faces two extremely difficult years

Location:

SOMALIA

However, despite an improving post-electoral outlook, the economic challenges facing the country -- including restoring progress towards debt relief, improving domestic revenue…

Sea-level rise to necessitate adaptation globally

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INTERNATIONAL

With ongoing sea-level rise now considered inevitable, and climate change mitigation efforts serving only to limit, rather than avert, the risks, adaptation will be a necessity in…

Severe drought spells economic woes for Zambia

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ZAMBIA

The prolonged dry period is having a serious economic impact, as Zambia relies heavily on hydropower to generate electricity and has been forced to implement power cuts for…

Biden will prompt reset of US-Caribbean relations

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CARIBBEAN/US

The US foreign policy stance towards the Caribbean is likely to become more constructive under Biden. As previously, Washington’s main regional interests will relate to Haiti and…

Reform progress will buoy Somalia’s economic outlook

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SOMALIA

Since then, Somalia has launched important economic reforms in a difficult environment characterised by drought and the side-effects of the war in Ukraine. As a new draft budget…

World Bank may shift global financing model for LICs

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INTERNATIONAL

The comments come as the World Bank is pressing donors to provide at least 65 billion dollars for the International Development Association (IDA), the Bank's financing arm for…

EU drought response may focus on short-term fixes

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EU

The resulting drought in many parts of the continent and its impact on agriculture have highlighted the threat posed by climate change to future food production. It has also…

Impact investing will build more momentum worldwide

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INTERNATIONAL

Impact investment.

Climate adaptation action to strengthen globally

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INTERNATIONAL

This is likely to be the first indicator of a push to drive adaptation up the political agenda in 2024.

Indonesia-Australia rifts will slowly heal

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INDONESIA/AUSTRALIA

He was accompanied on his trip by several senior ministers and business leaders. Canberra and Jakarta are long-standing partners, but various sore points have in recent years…