Global financial stability risks have risen since October 2014, and have rotated to parts of the financial system where they are harder to assess and harder to address, according to the International Monetary Fund’s Global Financial Stability Report.
Great progress has been made in expanding financial inclusion. The number of people worldwide having an account grew by 700 million between 2011 and 2014. 62 percent of the world’s adult population has an account; up from 51 percent in 2011. Three years ago, 2.5 billion adults were unbanked. Today, 2 billion adults remain without an account.
Water insecurity costs the global economy some US$ 500 billion annually, according to Global Water Partnership (GWP). That figure does not take into account environmental impacts so the total drag on the world economy could be 1% or more of global Gross Domestic Product (GDP).
This report presents the research conducted over the last four years, a new theoretical approach, a revised analytical framework and recommendations for policy makers to begin the process of implementing Water and Green Growth strategies.
Implementing the Sustainable Development Goals entails an immense demand for natural resources. This could threaten global ecological development, a new study warns.
The relationship between development finance and climate finance is a key political issue. Some (particularly least developed country (LDC) climate negotiators) stress the differences. Others (most bilateral development agencies) stress the similarities. But understanding this relationship has now become urgent.
Among the negative effects of climate change, human displacement is one of the most complex to face, since it encompasses extremely delicate political topics, such as migration, protection of people in need and liability for climate change damage.