The global economy is proving more resilient than anticipated despite persistent trade tensions and policy uncertainty, according to the World Bank’s latest Global Economic Prospects report. Global growth is projected to remain broadly steady over the next two years, easing to 2.6% in 2026 before rising to 2.7% in 2027, an upward revision from the June forecast.
Tag: investment
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Oliver Wyman & Uni of California: Industry 5.0 is a driver of GDP
Industry 5.0 places human creativity and welfare, sustainability, and resilient systems at the centre of business and government strategies for the benefit of economies, societies and the planet. The combination of these elements can add $1tr annually to global GDP in addition to technology-driven profits, says 'The Industry 5.0 Index', created by the Oliver Wyman Forum and the University of California, Berkeley.
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Growth unlocked through enhanced sustainability data
The UK Sustainable Investment and Finance Association’s (UKSIF’s) institutional investor members were surveyed in November 2025 to gauge the investment community’s experience and use of sustainability data from investee companies and wider assets. Sustainability data – specifically the environmental, social, and governance (ESG) information that companies and assets disclose – is increasingly crucial for financial markets.
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Commission takes measures to transition Europe to a circular economy
The European Commission has unveiled a first set of pilot actions to accelerate Europe's transition to a circular economy, with a particular focus on the plastics sector. The Commission says that by optimising the recycling of plastics, these measures will further unlock the potential of the Single Market and enhance the EU's economic security, strategic autonomy, competitiveness and environmental sustainability.
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AI can solve development challenges: agriculture, health, education
Artificial intelligence is reshaping economies and societies at a remarkable pace, transforming how people learn, work and live. Its ability to unlock access to knowledge, boost productivity and open new markets holds immense potential to accelerate development, creating jobs, new industries and boosting economic transformation, says the World Bank's 'Digital Progress and Trends Report 2025: Strengthening AI Foundations'. It offers a comprehensive data-driven snapshot of the global AI landscape.
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New funds to unlock millions for frontline environmental action
A new package of $67m has been approved by the Global Environment Facility to help nations take frontline action on biodiversity loss, pollution and a rapidly warming planet. With UNDP’s support, the funding will be channelled to nine projects targeting some of the world’s most fragile ecosystems and climate-vulnerable communities in Africa, Asia-Pacific, Latin America and the Middle East and North Africa.
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New regional hub to strengthen climate action in Hindu Kush
The United Nations Framework Convention on Climate Change and the International Centre for Integrated Mountain Development (ICIMOD) has launched the Hindu Kush Himalaya Regional Climate Action Transparency Hub. The launch builds on a three-year memorandum of understanding, establishing a dedicated platform for ICIMOD’s eight Regional Member Countries – Afghanistan, Bangladesh, Bhutan, China, India, Nepal, Myanmar and Pakistan. The hub aims to provide sustained capacity building and promote data and experience sharing across the region.
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Tata Power, LSE and IGC launch lab to accelerate India’s transition
Tata Power has launched the Energy Insights & Innovation Lab (EIIL) at its Mumbai based headquarters. This strategic research initiative is designed to harness cutting-edge research, data and experimentation to support India's clean energy transition while improving the quality, reliability and affordability of electricity services for consumers across India.
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FFI Solutions and Rho Impact scale climate-positive investing
FFI Solutions and Rho Impact have announced a strategic partnership to help institutional investors systematically assess avoided emissions across their portfolios. FFI Solutions, an independent climate research, analytics and advisory firm, will integrate Rho Impact’s Koi platform as its primary technology partner for avoided emissions assessment. Rho Impact is an innovator in climate impact forecasting and advanced data solutions.
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Beko secures €100m sustainability-linked loan from IFC
Beko, the global home appliance company, has signed a €100m sustainability-linked loan with IFC, a member of the World Bank Group. Marking Beko's first sustainability-linked loan, the agreement reinforces the company's commitment to integrating sustainability across its value chain and driving innovation in energy-efficient technologies.
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Bank of America commits $10m to those impacted by LA wildfires
As Los Angeles continues its efforts to rebuild, Bank of America is announcing $10m in zero-interest loans to Community Development Financial Institutions (CDFI) for ongoing housing, non profit facilities and small business assistance. The loans will be managed through three west coast CDFIs involved in the region’s disaster recovery efforts following the devastating Eaton and Palisades fires.
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Stiell: climate finance is not charity – it’s smart economics
UN Climate Change Executive Secretary Simon Stiell said at COP30 in Belém, Brazil, that climate action, underpinned by climate finance, is the growth story of the 21st century. “As you prepare for your next phase of Article 9.5 work, I urge you to make the outcomes as clear and actionable as possible – so that they offer real forward visibility to developing countries, and demonstrate tangible progress on the delivery of finance,” he said to his audience.
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SSE unveils £33bn investment plan to unlock green energy
SSE plc has announced a £33bn fully-funded five-year investment programme, to transform the UK’s electricity infrastructure and deliver long-term benefits for society. The “Transformation for Growth” plan will see a major ramp-up of SSE’s capital investment over the next five years, with 80% directed towards regulated electricity networks and the remainder into renewables and flexible generation technologies.
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Governor Newsom: subnational climate action is a defining opportunity
Governor Newsom said California is leading by example, proving that climate action and economic growth go hand in hand. As California continues and accelerates its climate action, the Governor urged global investors to embrace the technologies and infrastructure driving the clean energy future.
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Progress towards the Paris Agreement goals is alarmingly inadequate
Although more than three-quarters of indicators are heading in the right direction, progress towards the Paris Agreement temperature goal is alarmingly inadequate, exposing communities, economies and ecosystems to unacceptable risks. The State of Climate Action 2025 report says that global efforts across 29 indicators are well off track, such that at least a twofold (and for most, more than a fourfold) acceleration will be required this decade to keep the 1.5°C limit within reach.