Notwithstanding slower global growth and lingering impacts of recent catastrophic floods, private sector activity, outside the oil sector, has been supported by a relative return to peace, and higher government spending. Nevertheless, the economy is estimated to have contracted by 0.4 percent in FY23/24, reflecting drags from oil production.

Somalia has remained on a strong economic reform path despite the various global and exogenous shocks that have continued to buffet the economy.

Global economic growth is projected to decline from an estimated 2.7% in 2023 to 2.4% in 2024, according to this report by the United Nations.

This report highlights the socioeconomic contributions of the geothermal sector, including the potential opportunities and benefits that can be enhanced at national and local levels throughout geothermal projects’ development and operation.

Sustainable energy could regenerate Africa’s Sahelian zone by using the region’s abundant clean energy potential to transform lives, diversify economies, give hope, and protect the planet.

According to this new analysis of the top 20 costliest extreme climate disasters over 2023 has revealed a “global postcode lottery stacked against the poor” where the relative economic impact of disasters varies considerably across countries.

The Government of India started a major reform initiative to ensure better and timely delivery of benefits from Government to the people through Direct Benefit Transfer (DBT) since there was a critical requirement for sustained and determined action to remove leakages and enhancing financial inclusion in the process of delivering benefits like w

Kenya’s economic performance strengthened in 2023 despite continued challenges, with real GDP growth accelerating from 4.8% in 2022 to an estimated 5% in 2023.

The Minister of Environment, Forest & Climate Change, released a G20 report titled ‘A Green and Sustainable Growth Agenda for the Global Economy’ in New Delhi.

Asia and the Pacific witnessed US$ 302 billion worth of Greenfield projects announced in the January to September 2023 period, a staggering 35 per cent increase compared with the same period in 2022, when US$ 224 billion had been recorded.