International Monetary Fund and World Bank Group Announce Tanzania as the Second Country Benefitting from the Enhanced Cooperation Framework for Scaled-Up Climate Action
Stories & Blogs IMFOct 10, 2024(Press Release )Tanzania is highly vulnerable to climate change which poses significant risks to its macroeconomic, fiscal, and social development.
Italian contribution allows UNDRR to expand early warnings for early action in Kenya
Stories & Blogs UNDRR-AfricaJun 14, 2024(News )the Government of Italy signed an agreement with the UN Office for Disaster Risk Reduction (UNDRR) to strengthen early warning for early action systems in Kenya. Under this agreement, Italy is providing EUR 1.5 million over the period of 2024-2027.
Rising Cyber Threats Pose Serious Concerns for Financial Stability
Stories & Blogs IMFApr 09, 2024(Blog Post )Greater digitalization and heightened geopolitical tensions imply that the risk of a cyberattack with systemic consequences has risen
Climate-smart African agribusiness could be world leader
Stories & Blogs New African MagazineSep 22, 2023(Article )Africa can be a world leader in food system transformation that also alleviates poverty and protects the environment, but it will take collaborative and co-ordinated work, argue Angela Churie Kallhauge, [et. al]
Carbon trading offers rich rewards for Africa
Stories & Blogs New African MagazineSep 21, 2023(Article )The global carbon credit market is valued at around $909bn. Africa is beginning to tap into this lucrative resource but a more coordinated effort across the continent could reap rich benefits, writes Faustine Ngila.
Nairobi Declaration posts Africa’s bold climate solutions.
Stories & Blogs New African MagazineSep 19, 2023(Article )The Nairobi Declaration, issued by African leaders at the Africa Climate Summit in early September will serve as a basis for Africa’s common position in the global climate change process in the lead-up to the COP28 global climate conference.