Belém, Brazil, 14 November 2025 – Leaders gathered today in Belém at COP30 to launch the Belém Declaration on Global Green Industrialization. The Belém Declaration is a shared framework for coordination and action to accelerate industrial transformation while expanding opportunities for sustainable growth and innovation across all regions. Its go...
The IMF Executive Board approved a two-step reversion of the temporarily higher cumulative access limits (CALs) under the Rapid Credit Facility (RCF) of the Poverty Reduction and Growth Facility Trust (PRGT) to pre-pandemic levels.This phase-out provides predictability for the normalization of RCF access limits while retaining adequate borrowing space for ...
Share moreFrom left to right: Jorge Familiar, Vice President & Treasurer, World Bank, and Pablo Saavedra, World Bank Vice President for the Prosperity vertical at the report’s launch event in Washington, DC.World Bank GroupWashington, DC, November 13, 2025 – A new World Bank report offers the most comprehensive view yet of global reserve managem...
In September 2025, the unemployment rate remained stable, compared to August 2025, in 24 of the 32 OECD countries with available data. Four OECD countries saw an increase, and four others experienced a decline (Table 1). Korea, Japan, Mexico, Czechia and Israel registered unemployment rates at or below 3.0%, with Korea’s unemployment rate marking a record...
Trade covered by tariffs in G20 economies increased about four times as much from mid-October 2024 to mid-October 2025 compared to the prior reporting period, marking the largest increase in the history of WTO trade monitoring. At the same time, economies made trade easier by twice as much in value terms over this period, according to the WTO's latest ...
New York, 12 November 2025 – A new report released today by the United Nations Development Programme (UNDP) shows that Afghanistan’s “areas of return” are under mounting pressure, with communities struggling to absorb millions of people returning amid economic contraction, climate shocks and recent earthquakes. The report also reminds of the criti...
Photo: UNFCCC (via Flickr)DOWNLOAD PICTURENew report showcases best practices for delivering resilience and innovative approaches to scaling up adaptation resultsMDBs publish metrics and methodologies to unlock financing for nature and biodiversityMultilateral Development Banks (MDBs) reaffirmed today at COP30 their commitment to respond to their...
African agripreneurs are reshaping global food systems with innovation, quality, and sustainability. At the Nordic African Business Summit 2025, ITC made the case on how small businesses are driving new trade and investment as a new opportunity for the Nordic region.A new wave of African entrepreneurs is redefining the continent’s food and beverage indust...
Multilateral Development Banks Unite at COP30 in Call to Action for Resilience and Delivery New report showcases best practices for delivering resilience and innovative approaches to scaling up adaptation results MDBs publish metrics and methodologies to unlock financing for nature and biodiversity BELÉM,...
Date: 10 November 2025, 12:00 – 14:00Venue: Blue Zone, Special Event Room 3 – TheatreSpeaker: Vice President and Chief Risk Officer Dr. Rajiv Ranjan Chair, thank you very much.It is a privilege to join fellow MDB colleagues as we collectively advance climate adaptation efforts. I welcome the opportunity to share perspectives on...
