ADB and Kina Bank Sign First Trade Finance Deal in Papua New Guinea

The Asian Development Bank (ADB) and Kina Bank Limited (Kina) have signed a trade finance agreement enabling ADB’s Trade Finance Program (TFP) to provide a credit guarantee facility that...

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Chinese bike-sharing start-up and UNDP cooperate to support innovative solutions to climate change challenges

The United Nations Development Programme (UNDP) and ofo, a Beijing-based start-up company that has become the world’s first and largest bike sharing platform, are joining forces to raise public...

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Development aid rises again in 2016

Development aid reached a new peak of USD 142.6 billion in 2016, an increase of 8.9% from 2015 after adjusting for exchange rates and inflation. A rise in aid...

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New Way of Viewing the Sustainable Development Goals

A new way of viewing the economic, social and ecological aspects of the Sustainable Development Goals (SDGs) has been developed from the Stockholm Resilience Centre and it is based...

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2016 a Record Year for Renewables

Global renewable energy generation capacity increased by 161 gigawatts (GW) in 2016, making the strongest year ever for new capacity additions, according to data released today by the...

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China’s New “Weather-Controlling Tech”

China’s top economic planning agency has approved a 1.15 billion yuan (HK$1.3 billion) rainmaking project for the country’s dry northwestern provinces in one of the biggest government programmes to...

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China to build largest cement factory in East Africa

China is expected to construct the largest cement factory in East Africa to meet cement demand in the region. The cement factory will be constructed in the northeastern coastal...

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Solar Power Energizes Women Entrepreneurs in Mali

In rural Mali, women entrepreneurs run small businesses powered by mini-grids. Electrified villages show more economic activity, which enables households and entrepreneurs to pay for the power they consume. Initially,...

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Green Climate Fund approves readiness grant for Nauru

The Green Climate Fund (GCF) has approved a readiness grant of US$339,250 for the Republic of Nauru to build the capacity of the National Designated Authority and strengthen Nauru’s...

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Chinese-Israeli Team Work on the Tel Aviv Light Rail System

In 2015 China Railway Tunnel Group, with an Israeli partner, has won an $800-million contract to build the tunnels and underground stations in the western section of the first...

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