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BRICS Nations Form New Development Bank

News outlets report on the establishment of a new development bank by the BRICS nations (Brazil, Russia, India, China, and South Africa). Agence France-Presse: BRICS, South American leaders seek alternative to U.S. influence “Leaders of the BRICS group of emerging powers will hold a summit Wednesday with South American presidents,…

World Bank Reinforces Commitment To Philippine Development With Increased Funding

Devex: Jim Kim: Healthy, educated people center to development “The World Bank reinforced on Tuesday its commitment to Philippine development with a new country partnership strategy focused on hard and soft infrastructure amounting to more than $4 billion in the next four years. And this time, the goal is to…

IRIN Examines MSF Report On Aid Community’s Response To Humanitarian Crises

IRIN: How flawed are current aid responses? “Last week, international medical humanitarian organization Médecins Sans Frontières (MSF) released a hard-hitting report, Where is everyone?, outlining a number of severe shortcomings in the international aid community’s response to humanitarian crises…” (Siegfried, 7/15).

Humanitarian Funding Reaches Record High But Gaps Remain

IRIN: Donors giving more but needs are greater than ever “Humanitarian funding reached a record US$22 billion in 2013, yet almost a third of needs remained unmet, according to data recently released by the U.K.-based think tank Global Humanitarian Assistance Programme’s Development Initiatives…” (7/14).

Shah Speaks About Impact Investing In Forbes Interview

Forbes: USAID, Pope Francis, And Impact Investing In an interview, Forbes contributor Rahim Kanani speaks with USAID Administrator Rajiv Shah about his “participation in last month’s impact investing conference at the Vatican, how USAID harnesses private capital to fight poverty, the future of impact investing, and more…” (Kanani, 7/11).

U.N. Set To Address Aid Delivery In Syria, Asks Europe To Help More Refugees

News outlets report on the ongoing crisis in Syria, where aid delivery is hampered by fighting. New York Times: Bid to Deliver Aid to Syria May Set Stage for a U.N. Clash “The United Nations Security Council was potentially headed for a showdown on Monday over getting food and medicine…

Financial Commitments To Improve Agriculture Can Help Prevent Food Crises

Devex: We can prevent another food price crisis Josh Lozman, deputy director of program advocacy at the Bill & Melinda Gates Foundation “…This year, African leaders have recommitted to investing in agriculture at their annual leaders’ summit, but there is currently a significant financing gap toward these plans. The support…

Over 145,000 Syrian Refugee Families Headed By ‘Lone Women,’ U.N. Reports

News outlets discuss a new report released on Tuesday by the U.N. refugee agency (UNHCR) that says more than 145,000 Syrian families are headed by single women. Al Jazeera: Syria’s war widows fight for survival “…A report released by the U.N. refugee agency, UNHCR, on Tuesday, says that one in…

South Sudan’s Independence Day Overshadowed By Effects Of War, Hunger

The Guardian: South Sudan: little to celebrate as war and hunger mar independence day “…As [South Sudan] prepares to mark the third anniversary of its independence from Sudan on Wednesday, the U.N. secretary-general, Ban Ki-moon’s, prophecy that half of South Sudan’s 12 million people could be either ‘displaced internally, refugees abroad,…