"WORLD BANK"

World Bank Group President David Malpass and the Administrator of the United States Agency for International Development (USAID) Samantha Power highlighted the importance of responding to the interlocking crises facing developing countries, including through support to countries facing a food crisis. WORLD BANK

The United Nations’ Secretary-General, António Guterres, warned the Security Council that the humanitarian situation in Syria remains dire for millions of children, women and men, with needs at their highest since the start of the war over 11 years ago. UNIFEED

Economic and Social Council focuses on recurrent crises, food insecurity, displacement, in lead up to humanitarian affairs segment.

Economic and Social Council focuses on recurrent crises, food insecurity, displacement, in lead up to humanitarian affairs segment.

The UN Refugee Agency said that the number of people forced to flee their homes has increased every year over the past decade and stands at the highest level since records began, a trend that can only be reversed by a new, concerted push toward peace-making. UNHCR

UN High Commissioner for Human Rights Michelle Bachelet opening statement at the 50th session of the Human Rights Council. UNTV CH

The International Monetary Fund sees further slowdown hitting global economic growth in 2022, IMF spokesperson Gerry Rice said on Thursday in Washington, DC, following moves by the World Bank and OECD to cut their own forecasts. IMF

UN’s International Fund for Agricultural Development (IFAD) issued its first sustainable development bond with Folksam, a leading insurance and pension fund in Sweden investing in a US$100 million bond. IFAD

World Bank issued a new forecast for the global economy, showing that global growth is expected to slump from 5.7 percent in 2021 to 2.9 percent in 2022— significantly lower than the 4.1 percent that was anticipated in January. WORLD BANK

The World Bank on Wednesday announced it is spending up to $30 billion as part of a comprehensive, global response to the ongoing food security crisis, in areas such as agriculture, nutrition, social protection, water and irrigation. WORLD BANK