World News

Crypto-Assets and Decentralized Finance through a Financial Stability Lens

July 8, 2022/US Federal Reserve Vice Chair Lael Brainard At Bank of England Conference, London, United Kingdom Recent volatility has exposed serious vulnerabilities in the crypto financial system.1 While touted as a fundamental break from traditional finance, the crypto financial system turns out to be susceptible to the same risks […]

EBRD Finances First-Ever Green Taxi Project

Image Credit: EBRD July 8, 2022/EBRD By Anton Usov EBRD-mobilised financing package of up to US$ 4.5 million for taxi company Sayohon in Tajikistan Firm will procure 100 electric vehicles and 30 charging stations GEF support and inclusive employment More than 60 per cent of the nearly 900,000 residents of Dushanbe, […]

Global Leaders Welcome President Kenyatta as Global Champion for the Africa Adaptation Acceleration Program

July 7, 2022/GCA Global Center on Adaptation CEO Professor Patrick Verkooijen welcomed President Uhuru Kenyatta as the Global Champion for the Africa Adaptation Acceleration Program (AAAP) at the Leaders Dialogue on Adaptation Action in Africa in Nairobi on Thursday, 07 July. President Kenyatta has been a key driving force behind […]