Tag Archives: Finance

A wind energy generation plant located in Loiyangalani in northwestern Kenya. Credit: Isaiah Esipisu/IPS Opinion  washington dc Tuesday, January 31, 2023 Inter Press Service WASHINGTON DC, Jan 31 (IPS) – Meeting our climate change goals will require massive investments in clean energy projects, in both advanced economies and across the …

The Federal Government is set to introduce 0.5 percent levy on imported goods to raise funds to meet its obligations to the African Development Bank (AfDB), the World Bank, and other multilateral organisations. This is contained in a document titled ‘Invitation to a One Day Public Hearing and Submission of …

Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, on Monday, denied inserting N206 billion into the ministry’s 2023 budget estimates. Naija News reports that the Minister distanced herself and her ministry from the insertion while speaking at a budget defence session with the Senate Committee on …

Hundreds of mangrove seedlings are growing in a small bay of an island south of Fiji’s main island Viti Levu. The Pacific Island Countries are vulnerable to climate change and need resources to adapt. Credit: Tom Vierus/Climate Visuals Opinion by Labanya Prakash Jena (sharm el-sheikh) Friday, November 18, 2022 Inter Press …

Decision-making power is still held at the national and international level, often failing to (financially) enable local actors to lead climate action. Credit: Joyce Chimbi/IPS Opinion by Anne Jellema (capetown, south africa) Wednesday, November 09, 2022 Inter Press Service CAPETOWN, South Africa, Nov 09 (IPS) – Anne Jellema is CEO of …

Corals and coral reefs are found around the islands and atolls of the Pacific. In Vanuatu, the government, with the support of SPC, implemented a coral reef climate change adaptation project based on coral gardening. Photo credit: SPC by Catherine Wilson (sydney) Saturday, November 05, 2022 Inter Press Service Sydney, Nov …

The Central Bank of Nigeria (CBN) has reacted to the claim by the Minister of Finance, Budget and National Planning, Zainab Ahmad, that her ministry was not informed of the redesign N200, N500, and N1,000 denominations of the country’s currencies carried out by the Central Bank of Nigeria.   Recall …

The Minister of Finance, Budget and National planning, Zainab Ahmed, has distanced herself from plans by the Central Bank of Nigeria to redesign some of Naira notes.   Recall that on Wednesday, the CBN governor, Godwin Emefiele, announced that the bank will be redesigning the N200, N500 and N1000 denominations …

UK Chancellor and Finance Minister Kwasi Kwarteng has been sacked by British Prime Minister Liz Truss.   He was fired over the controversy of his much-criticized economic package.    “British Prime Minister Liz Truss has fired her finance minister Kwasi Kwarteng, the BBC reported on Friday, October 14, shortly before …

Dmitry PoshidaevMany UN agencies have a very specific thematic focus: they are dealing with women, children, health care, or other important issues. However, the UNCDF can get engaged in a variety of various thematic areas, provided that there is a financial solution that can be used to address a specific …