Economy & Trade

India: How a Tool Bank Beats Poverty in Rural Maharashtra

Dharashiv is one of the poorest districts in the western Indian state of Maharashtra. Located in the semi-arid region of Marathwada, it has no major river and is not blessed with good reservoirs.

Violence, Climate Shocks, and Hunger Push The Sahel To The Brink of Collapse

Over the past few years, the humanitarian crisis in Africa’s Sahel region has expanded considerably, largely driven by a surge of violence—particularly in the Central Sahel. Although the crisis has been described by the United Nations (UN) as having “largely faded from the headlines” since its wake in 2012, millions of people across the region are in dire need of humanitarian assistance as civilian displacement, climate shocks, and widespread hunger rapidly spill across borders.

World Bank Enables Corruption in Bangladesh

The World Bank considers corruption a major obstacle to eradicating global poverty. The Bank officially has a zero-tolerance policy against fraud and corruption in its projects. Concerned with widespread corruption in Bangladesh, the Bank and the Government agreed on the Governance-oriented Country Assistance Strategy (GCAS) in 2006 and the Bank’s subsequent Country Partnership Strategy (CPS) ostensibly has been more selective on governance and anti-corruption (GAC) issues. Ironically, however, the Bank’s funding enables corruption. The Bank’s recent decision to advance a US$350 million loan allegedly for enhancing energy security is a glaring example.

Billions Lost as Secret Financial Networks Fuel Forest Destruction in Brazil and Cameroon

A new report has found that billions of dollars linked to illegal deforestation are flowing through global supply chains, with secrecy around land ownership and company records helping timber, soy, and beef products enter international markets unchecked.

Make Last Sprint Towards 2030 a ‘Turning Point’ for Nature Finance, Eighth GEF Assembly Told

"While pressures on public budgets are growing and geopolitical tensions rising, it can be tempting to see environmental finance as optional. It is not,” GEF Interim CEO and Chair Claude Gascon told the closing plenary of the Eighth GEF Assembly in Samarkand, Uzbekistan, today.

As Global Demand for Gold Grows, UN Mercury Head Warns Toxic Fumes Put Women in a Motherhood Dilemma

Ask any woman miner in the Katoro goldfield in Tanzania’s northern Geita region, and she will tell you that she touches toxic mercury with her bare hands when extracting gold from crushed ore.

UN Climate Resolution: Time to Protect Activists

Ahead of World Environment Day, the UN General Assembly made a vital commitment to protect people from climate impacts, adopting a resolution on the climate change obligations of states. The resolution follows up on the International Court of Justice (ICJ) advisory opinion issued last year, which found that states have a legal duty to prevent activities that cause environmental harm. Most states voted for the resolution despite a concerted campaign by the Trump administration to block it.

Tanzanians Seek Stronger GEF Support to Cushion Vulnerable Communities

In the opulent conference halls of Samarkand, far from the drought-hit fields of East Africa, Tanzanian delegates have warned that unless global climate finance is directed to rural communities, environmental destruction will only accelerate, deepening the vulnerability of those least responsible for the crisis.

At GEF’s Eighth Assembly, Uzbekistan Signals New Role as Donor

In a significant policy shift symbolising rising environmental ambition, Uzbekistan on Thursday announced that it will become a donor of international environmental funding to the Global Environment Facility (GEF), as the Eighth GEF Assembly opened in the historic city of Samarkand.

From War Zones to Global Environment Talks, Communities Seek Faster Green Finance

For three decades, Iffat Rachid Edriss walked Lebanon's coastline with a clear purpose: protecting the sea she loves.

What the Sino-Russian Declaration Exposes


 
The joint declaration issued by Russia and China on 20 May, Joint Declaration of the Russian Federation and the People’s Republic of China on the Establishment of a Multipolar World and a New Type of International Relations, has been read in sharply different ways. Some welcome its language of sovereign equality, multilateralism and a UN-centred international order. Others dismiss it as legal rhetoric deployed in bad faith. Both responses miss the more important point.

GEF Pushes Innovation, Blended Finance Ahead of the Eighth Assembly

As the Global Environment Facility (GEF) steps into the starting blocks of its next financial cycle, the Interim CEO Claude Gascon reflects on what he termed a “moment of transition and delivery".

Russia Ensuring Africa’s Food Security

Within the framework of the Expert Council on Africa at Russia's State Duma, the lower chamber of parliamentarians, during its annual round-table conference, held in late May 2026, focused concretely on food security in Africa.

Filipino Indigenous Leader Takes Ancient Wisdom to the Global Stage

Every year, when dark clouds gather above the dense forests of the Philippines, 56-year-old Mini Baeyens, of the Aplay Kankanaey tribe, vigilantly watches the sky.

GEF Approves Adaptation Funds Strengthening Resilience in Vulnerable Countries

Bangladesh, the Democratic Republic of Congo, Guinea-Bissau, Niue, Senegal, Solomon Islands, Sudan, and Togo will receive over USD 67 million in new funding to help strengthen resilience.

GEF Council Welcomes New Green Pledges, Highlights Old Access Barriers

The 71st Council meeting of the Global Environment Facility (GEF) opened today amid a sharp divide, with donor nations urging broader and increased funding commitments, while developing countries called for more equitable and accessible pathways to environmental finance.

“The Heat Is No Longer Distant: A Global Climate Reckoning“

‘As record heat sweeps the world, the climate crisis is no longer a warning for the future, but a reality of the present.’

How Europe’s Waste Could Supply Over Half of Critical Material Demand – Report

Europe’s growing mountain of waste could become one of its most important sources of critical raw materials, according to a major new report that warns of rising geopolitical risks and growing global competition for minerals needed in the green and digital economy.

Connecting the Dots: Quality Seed, Resilient Food Systems and Good Health

It is often said that the quality of seed determines the quality of the produce and, consequently, the sustainability of the entire agricultural value chain, influencing everything from crop yields to nutritional value.

From Seed to Canopy: How a GEF-Funded Smallholder Project is Restoring the Environment, Building Livelihoods

As 52-year-old Alice Onyango walks through her farm in Siaya county, Kenya, you can tell she is proud of her trees, as some tower over her, providing her with shade, while others seem ready to provide her with fruit for the market.

New US Fed Policy Deepens World Stagflation

The Federal Reserve Bank’s turn to ‘reserve management’ exposes the limited policy options still available as the US seeks to protect itself against international stagflation stemming from President Trump’s policies.

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