Donor News

In the run-up to the United Nations-led summit in Cancun, Mexico, which kicks off next week, donors have unveiled initiatives to offset the adverse impacts of global warming.

Development agencies, including the World Bank, have pledged USD200 million to help improve the climate resilience of the global agricultural sector, while the U.K. government will launch two public-private partnership funds aimed at promoting renewable energy in Africa and Asia next year.

Meantime, the Bill & Melinda Gates Foundation is offering USD500 million in the next five years to support innovative approaches that improve access of the poor to financial services.

Other donors have fleshed out their development strategies.

Australia and New Zealand have agreed to bolster their development cooperation in southwest Pacific, while Canada is expected to halve its aid to Afghanistan once it assumes a post-combat role in the Islamic nation next year. The World Bank has released its draft five-year policy and operational roadmap for Africa, which focuses on competitiveness and employment, vulnerability and resilience, and governance and public sector capacity.

In Europe, member states of the European Union have yet to reach an agreement on increasing the bloc’s budget, a move that could delay aid programs, European Commission President Jose Manuel Barroso has warned.

Appointments:

Babatunde Osotimehin – executive director of the United Nations Population Fund.

Joseph Torsella – nominated as U.S. representative to the United Nations for U.N. management and reform.

Kris Balderston – special representative for global partnerships at the Global Partnership Initiative within the State Department.

Nancy Lindborg – assistant administrator for democracy, conflict and humanitarian assistance at the U.S. Agency for International Development

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.