HIGHLIGHTS
FAO launches the new COVID-19 Response and Recovery Programme outlining seven key priority areas
In line with the UN approach to “build back better” post COVID-19, and in pursuit of the Sustainable Development Goals (SDGs), the new programme aims to mitigate the immediate impacts of the pandemic while strengthening the longer-term resilience of food systems and livelihoods. “We cannot employ a ‘business as usual’ approach anymore,” highlighted FAO Director-General […]
ADFD suspends debt repayments for developing countries to support economic recovery
The Abu Dhabi Fund for Development will grant debt relief to low-income countries and companies from the developing world as the UAE backs a G20 plan to support economies grappling with the fallout from the Covid-19 pandemic. The fund said that it will suspend principal and interest repayments for eligible countries and businesses upon “request […]
UK Government doubles public donations to tackle coronavirus in vulnerable countries
The UK Government will match the first £5 million of donations from the British public to the Disasters Emergency Committee’s (DEC) Coronavirus Appeal, International Development Secretary Anne-Marie Trevelyan announced on Tuesday 14 July. Money raised from the appeal will boost the work of 14 leading British charities, helping some of the world’s most vulnerable people […]
5 charts that show the worst may be over for coronavirus and global trade
After the volume of merchandise trade shrank by 3% year-on-year in the first quarter, estimates for the second quarter – when lockdown measures affected the largest share of the global population – show a drop of 18.5%. “These declines are historically large, but could have been much worse,” the WTO says on its website. The […]