Blogs

We are in the middle of a shift in how development is financed. Impact investing is on the rise.

With most of the world sheltering in place due to the COVID-19 pandemic, ILO estimates that about 2.7 billion people are currently affected by workplace closures.

Before the COVID-19 pandemic, more than 820 million people were living in hunger. Tens of millions more will join them if we do not take the right actions, and quickly. 

Past experience tells us that quick, tailored support is required to ensure that the impacts of our projects are protected from the effects of the COVID-19 crisis.

After many years of sustained annual reductions in poverty and hunger across the Asia-Pacific region, the COVID-19 global pandemic is threatening a massive reversal of these gains and driving Asian countries into recession. 

On this day 50 years ago – the first Earth Day had just taken place – and a global movement was born.

With half of the planet’s population locked down, the global economy brought to a halt and the number of cases reaching into the millions, it is clear that the COVID-19 pandemic is the biggest crisis of our time.

The tremendous progress in reducing poverty made by India over the past 25 years could now be reversed because of the unprecedented emergency facing all of us – the COVID-19 pandemic.

Cambodia has made remarkable progress and achieved lower-middle-income status - but the COVID-19 pandemic threatens to strain the entire economy.