DT 5 / 2023

Gavi commits USD 1.65 billion for COVID vaccines though demand is ‘close to zero’

The vaccine alliance Gavi will hold onto 60 per cent of the USD 2.7 billion that remain unspent in COVAX to purchase more COVID-19 vaccines, even though demand is low, and most deliveries are currently covered by donations. This leaves Gavi with USD 1 billion in unspent COVID funds. The agency is exploring three options for spending this remaining money.

News July 04, 2023

Indigenous leader calls on Norway to respond to demands for carbon justice

Costa Rican indigenous leader Levi Sucre Romero calls for action from Norway, financier of the ART forest...

Opinion Editorial July 10, 2023

Oil clean-up in the Red Sea

Nordic countries are contributing to a USD 140 million UN operation off the coast of Yemen aimed at removing...

News August 18, 2023

Indigenous group challenges grievance mechanism of new forest carbon standard

The grievance mechanism of the Norwegian-funded forest carbon standard ART is being tested for the first...

News July 06, 2023

Canadian exit from Beijing-based bank. High stakes for ‘flagship’ of China’s new multilateralism

Following claims of Chinese meddling in the Beijing-based Asian Infrastructure Investment Bank (AIIB)...

News June 23, 2023

Ville Tavio of Finns Party becomes development minister, cuts and radical shift in Finnish aid

For the first time, a party viewed as being far-right on the political spectrum takes over the aid portfolio...

News June 20, 2023

Nordic donors are ‘following closely’ after Canada’s sudden break with Chinese AIIB bank

Nordic governments are closely monitoring the fall-out of Canada’s decision this week to cease activity...

News June 16, 2023

Syrian refugees in Tripoli World Bank photo by Mohamed Azakir.jpg

Sida tests out how to break Western-dominated mould in humanitarian funding

Donor action on localisation, a process aimed at breaking the monopoly of Western NGOs and agencies over...

News June 15, 2023

Norfund’s rate of return is neck and neck with earnings of the Oil Fund

Over the last 25 years, the return rate on investments made by the aid-funded investor Norfund has almost...

Business June 13, 2023

Norfund reports solid results in 2022, targets climate and fragile states

The aid-funded investor Norfund reports a solid result for 2022 with new direct investments ranging from...

Business June 13, 2023

DT 5 / 2023

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