World Bank Approves US$150 Million for Social Protection

World Bank Approves US$150 Million for Social Protection

The World Bank Board of Executive Directors approved a US$150 million loan today for the Dominican Republic to support the introduction of a results-based accountability system to measure progress in social protection, mainly education and health, in order to expand human capital and improve the transparency and quality of public spending.

Twenty Developing Countries To Use Sun, Wind and Geothermal To Radically Reshape Citizens’ Energy Access

Twenty Developing Countries To Use Sun, Wind and Geothermal To Radically Reshape Citizens’ Energy Access

In a significant trend to rebalance energy services toward clean technology, twenty developing countries are investing in large-scale renewables, particularly solar, wind and geothermal services, as a robust source of energy access for their citizens. Just weeks before the global climate negotiating session in Cancun, this trend away from high-emissions sources and toward clean energy sounds a positive note for real climate-smart development.

Study reveals AIM’s £21bn contribution to UK economy

Study reveals AIM’s £21bn contribution to UK economy

In 2009, companies on the London Stock Exchange’s growth market AIM contributed a total of £21 billion to UK GDP and supported 570,000 jobs through direct, supply chain and multiplier effects, but greater fiscal incentives and fewer restrictions are needed to stem net outflows of capital from small caps and enhance the economic benefits delivered by the sector,