COP15: Global GDP could gain $140 trillion a year, if we achieve the objectives of the UN Convention to Combat Desertification

The global economy could increase by more than $140 trillion a year[1], or 1.5 times the annual global GDP, if the objectives of the United Nations Convention to Combat Desertification (UNCCD) are achieved, participants heard during a side-event at the 15th summit of the UNCCD.

African Development Bank Group seeks US support for $1.5 billion emergency food plan for Africa

The president of the African Development Bank Group, Dr. Akinwumi Adesina, made a compelling case, on Wednesday, for the United States to back the institution’s $1.5 billion emergency food production plan. The plan seeks to avert a looming food crisis in Africa caused by Russia’s war in Ukraine., President Adesina’s Keynote Speech

Video

Text

Ghana’s President strongly supports African Development Bank’s quest for more resources to accelerate continent’s transformation agenda

Ghana’s President Nana Akufo-Addo has backed calls for more resources for the African Development Bank Group to accelerate its transformative role across the continent.
President Akufo-Addo received the African Development Bank Group president, Dr. Akinwumi Adesina, at State House in Accra on Wednesday.,

AfDB Delegation visits Ghana in preparation of the Bank's 2022 Annual Meetings

Photo albums:

African Development Bank Annual Meetings 2022: Time to tackle triple crises of food, energy and finances, says Ghanaian Finance Minister

Ghanaian Finance Minister Ken Ofori-Atta on Thursday emphasized the nation’s partnership with the African Development Bank in its development as he addressed journalists at a press conference to publicize the institution’s upcoming annual meetings.
Ofori-Atta described the meetings as seminal, in the context of a world seeking to rebalance in the wake of Covid-19 and the war in Ukraine.

Guangxi Southwestern Cities Development Project

The project was approved to address poverty in Guanxi Zhuang Autonomous Region. The envisaged project impact was better living conditions in the project cities and stronger ability of these cities to participate in and benefit from regional cooperation. The expected outcome was expanded and upgraded urban infrastructure and urban environment that will help the project cities meet their expansion needs up to 2020.
This report validates the completion report's assessment of the project. IED overall assessment: Successful.

Bangladesh: Dhaka Water Supply Sector Development Program

The project was to support reforms in the urban water supply sector by assisting the government to improve the management and operation of urban water supply institutions. The project had three components: (i) distribution system and quality improvement; (ii) capacity building and institutional strengthening; and (iii) project management and implementation support. The project’s envisaged impact was sustained economic growth and public health improvement in the country’s urban centers, specifically in the Dhaka metropolitan area.

India: Uttarakhand Urban Sector Development Investment Program – Project 1

The program was designed to improve urban residents’ quality of life and promote sustainable, efficient, and responsive services in the urban areas. The program’s expected impact was improved quality of life for urban residents in Uttarakhand’s 31 selected cities and towns. The envisaged outcome of project 1 was increased access to better quality and sustainable urban infrastructure and services for about 1.9 million people in Dehradun, Haridwar, and Nainital.
This report validates the completion report's assessment of the project. IED overall assessment: Less than successful.

Nominees of the OWM Awards 2022 are out, including EIB’s sponsored ‘Women’s solutions reporting’ award

One World Media just unveiled the nominees for this year’s Awards. This Awards season brought a wide range of stories from around the world. The panels of 62 judges have made their selections across 15 categories including EIB’s sponsored ‘Women’s solutions reporting’ award. They viewed hundreds of entries in total from 101 countries.