The World Bank Group, together with the SME Finance Forum and the G20, drafted the SME Action Plan on Financial Infrastructure on lowering barriers to SME financing. The proposed reforms aim to bring countries closer to international best practices by supporting modern and efficient lending.
There are still places where people are talking about -- gasp! -- building up infrastructure in a big way, not defunding it and letting it crumble into dust; places where leaders are intent on thinking about how to unify worlds through commerce and trade, not smash them to smithereens via air power and drones.
As we got closer to the December 7-8 climate talks in Paris, I began seeing movement towards an outcome so positive that it might surprise us all. Politically, climate change-related events of the week are just short of astonishing
The Green News Report is also available via... ...
The ISIS attack in Paris was an attack on our global community. We have to take decisive collective action now with the global mechanisms available to us and aggressively meet this existential challenge to our core belief systems and way of life.
A sprawling dark network of financial agents has long supported terrorist operations. The U.S. Patriot Act, pushed by the last Bush Administration following the 9/11 disaster explicitly sought to strengthen efforts in this area. But, still more must be done.
If it is to succeed, CVE policy cannot simply offer a counter-narrative to the misguided violent extremist worldview. Realities on the ground must be transformed. Instead of being reactive, with an emphasis on "countering" threats, policies should focus on constructing positive alternatives.
Everything is AWESOME! That's right, the G20 is fixing the entire Global Economy right... now! There, did you feel it? All better.
It would be a salutary exercise to prepare for the political struggle ahead to acknowledge the humanity of the Russians, who also have eyes, hands, senses, affections and passions, who also cry when their children don't come home safe from trips abroad.
You would think the markets would be trading down with the World's largest tourist destination suffering the worst terror attack in their history right at the start of the holiday shopping season.
In 2016 we hope to see significant action on beneficial ownership transparency in G20 countries, helping to build up a global norm and standard that other countries can easily adopt.
TIANJIN, China -- Enlightened self-interest should encourage China to leverage its global economic weight in the pursuit of multilateral pathways to address more effectively critical issues where international cooperation has so far proven clearly insufficient.
While we congratulate countries like Germany and Sweden, it is appalling to see other wealthy countries like the UK, U.S. and Australia talk of restrictive quotas and accepting just a few thousand. It is even worse to see other countries s turning their backs completely.
More bad news from Japan and China. Industrial Production in China was once again revised lower - to 5.6% Growth from 5.7% in September w...
Climate science has a different calendar -- fossils must essentially be gone by 2050. That extra 50 years is, to coal and oil, worth fighting for -- and natural gas is oil's alternative of choice. Their secret weapon? Ever lower prices.
In the sustainable development priorities for the next 15 years adopted by heads of states in New York this week, the United Nations has highlighted financial inclusion as an important enabler for poorer households in the informal economies of the global south to increase resilience and better capture opportunities.