Social Business – It’s Time

June 27-28 is the 16th Social Business Day, observed in Savar (Dhaka) Bangladesh. In June 2024 at the Western Sydney University’s graduation ceremony where I was conferred Emeritus Professor status, I urged the new business graduates to:

• purge the world of the… obnoxious Friedmanite idea that is destroying our planet and tearing our communities apart; • look instead to the “Social Business Model” of Bangladesh’s Nobel Laureate Muhammad Yunus; and • work on the right side of history; stand up for justice and liberation; spread the “moral violence” for peace; and put people and the planet before profit.

New GEF Project Raises Hope for Change in India’s Indigenous Lake Community

At dawn, when the waters of Dumboor Lake lie still under a pale grey sky, Santo Chakma, 63, nudges his narrow wooden boat into a reservoir that swallowed his childhood.

Trump’s World Stagflation Also Undermines Dollar Hegemony

US President Trump’s policies are supposed to make America great again (MAGA), which means different things to various parties. Some of its consequences are inadvertent, including undermining dollar dominance and inducing stagflation worldwide.

Global Economy Endures War Shock—So Far

More than three months into the war in the Middle East, the global economy appears to be holding up. Commodity prices, inflation and expectations for it, and financial conditions have all been impacted—but not yet in ways that signal a global slowdown. And we have seen strong economic momentum in the world’s biggest economies, the United States and China.

Africa Needs a Radical Plan to Tackle 15M Youth Job Crisis

Africa has no problem with ideas, but the struggle is in how to  implement them, leaders said at an inaugural forum convened to promote action on development.

Fossil Fuel Wealth Fails to Deliver Development in Africa – Report

A new report examining the economic impact of oil and gas production in Africa has found that fossil fuels have failed to deliver sustained or inclusive economic development, observing that the resources have contributed to economic vulnerability and inequality and have constrained growth through prohibitive commodity prices, inflation, and weak local currencies.

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.

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.

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.

Countries Unevenly Impacted by Global Economic Shocks from Mideast Conflict

The ongoing crisis in the Middle East and the closure of the Strait of Hormuz continue to put immense stress and risk on the global economy.

The GEF Leads Global Drive to Tackle Shipping Threat to Oceans

Under the warm waters off Tanzania’s Mafia Island, marine scientist Asha Mgeni hovers above a coral reef she has studied for years. Small fish dart through the currents. To most divers, the reef appears pristine. But Mgeni notices something unusual.

Want to Feed the World? Invest in Food Systems

As the global target to eliminate hunger by 2030 is fast slipping out of reach, investing in how the world feeds itself is the only way to ensure progress.

Cleaning Up the Fields: Across Africa and Asia GEF is Helping Farmers Rewrite Their Pesticide Story

For decades, pesticides have been a quiet pillar of Malawi’s agriculture, guarding crops against pests, improving yields, and sustaining millions of livelihoods. But beneath this success story lay a troubling reality: weak regulation, unsafe handling practices, and growing threats to human health and the environment.

African Countries Up Efforts to Tax High-Income Individuals

African countries are exploring ways to tax high-earning individuals as the continent seeks to expand its revenue collection amid what experts say is a growing gulf between rich and poor.

Clean Energy, Digital Technologies Are Coming at a Human Cost, UN Report Warns

A newly released United Nations report has raised urgent concerns that the world’s push toward clean energy and digital technologies is driving a hidden crisis in some of the planet’s most vulnerable regions, where mining for critical minerals is depleting water supplies, damaging health, and deepening inequality.

From Struggle to Strength: Turning Daily Hustle Into a Force for Survival

In the bustling Chifubu constituency of Ndola, the provincial capital of Zambia’s mineral-rich Copperbelt Province, 31-year-old Victoria Bwalya is usually among the early risers, cleaning and setting up for the day in her restaurant business.

African Institutions in Plan to Stabilise Food, Fuel and Fertiliser Amid Mideast War

Fearing the Middle East war could drive millions into hunger and cripple economies, Africa’s leading institutions are drafting a strategy to mobilise domestic and "innovative" finance and harness national competitiveness to stabilise food, fuel, and fertiliser supplies.

Global Shipping Reforms Cast Shadow Over Tanzania’s Fishing Communities

At dawn, as the sun rises across the Indian Ocean, Venance Shayo perches on the edge of his boat, hauling in a net. The sea gently ripples under the breeze and the sound of revving engines.

Global Shocks Push Geoeconomics to the Center Stage at Foreign Policy Forum

As war in the Middle East ripples through global markets, policymakers, economists, and industry leaders gathered in Washington this week to agree that economics is no longer separate from geopolitics. It is now its core instrument.