Sustainability
Iraq launches updated NDC targeting emissions cuts through 2035
Iraq formally launched its Updated NDC, setting unconditional emissions targets for 2030 and 2035 and a conditional cut tied to international finance.
Across the meridian
New reports, clear context. Ordered by the date of the source report.
Development
Uganda convenes AfDB-backed energy compact talks in Kampala
African Development Bank and Uganda's energy ministry hold a two-day stakeholder consultation on implementing Uganda's Mission 300 National Energy Compact.
Emerging Markets
IFC and BlueOrchard launch evergreen emerging markets private debt vehicle
IFC and BlueOrchard partner on a private debt vehicle targeting up to $2 billion, with Tokio Marine anchoring a $300 million first closing.
Development
World Bank: MENAAP Output to Contract 2.1% in 2026 as Hormuz Closure Hits Gulf Exporters
World Bank projects MENAAP output to fall 2.1% in 2026, with GCC economies contracting 4.3% after the Strait of Hormuz closure, while oil importers grow.
Development
World Bank raises South Asia growth forecast to 6.9% for 2026
World Bank projects South Asia growth of 6.9% in 2026 and 6.7% in 2027, flagging AI adoption gaps and risks from energy prices, El Niño and AI investment.
Development
World Bank Projects 4.5% Growth for East Asia and Pacific in 2026, Urges AI Reforms
World Bank projects East Asia and Pacific growth at 4.5% in 2026, with uneven AI adoption; calls for infrastructure, skills and policy reforms.
Development
World Bank Projects India Growth at 7.1% in FY27, Flags AI Investment Surge
World Bank forecasts India's economy to grow 7.1% in FY27, citing strong domestic demand and exports, while private AI investment tripled to $4.1 billion in 2025.
Development
AfDB to press biodiversity finance at COP17 in Yerevan
African Development Bank Group will join CBD COP17 in Yerevan, Armenia, pushing biodiversity finance, nature-based solutions and support for African countries' plans.
Development
Bangkok Heat Strategy Identifies THB 146.3 Million Investment Need
UNDP-backed financing strategy puts initial urban heat investment at about THB 146.3 million, with THB 10.8 million a year to sustain BMA's action plan.
Emerging Markets
IFC and SMBC launch $500 million supply chain finance facility for emerging-market SMEs
IFC commits up to $250 million and SMBC the remaining half to a supply chain finance facility aimed at small suppliers in emerging markets.
Sustainability
IFC Backs First Sustainable Community in Oman with $100 Million Green Facility
IFC signs OMR 38.5 million Islamic green facility with SDIC to support Plaza District in The Sustainable City – Yiti, Muscat, Oman's first such community.