News Archive - Page 124 of 366

Recent Developments, <br /> Key Innovations, and <br /> Insightful Reports

Recent Developments,
Key Innovations, and
Insightful Reports

Your One Stop Platform for Regular Sector Updates

Sector news

Campaign to raise funds for drinking water in Kenyan schools

The Children’s Environmental Literacy Foundation (CELF) has partnered with Vestergaard Frandsen (VF) to launch a campaign that aims to deliver drinking water in Kenyan schools. The name of this campaign is “LifeStraw 100 Schools Water Campaign”. Read more here.

February 6, 2013

Charity Water: Using a 100 per cent model

Charity Water is an organizaiton which accepts donations for the specific purpose of bringing clean water to those without, in developing countries. Their innovative feature allows for a 100 per cent utility of fund raised, and donors can get a full report and GPS coordinates of communities helped. Read more […]

February 6, 2013

Ghana: Government must keep promise of improving water, sanitation and hygiene supply

The Ghana WATSAN Journalists Network (GWJN) has been keeping a check on the government’s implementation regarding its water and sanitation plan. The government had initially promised to commit US$400 million in the annual budget to fund activities in the water, hygiene and sanitation sector in the country. Read more here.

February 6, 2013

40 per cent of Ukrainian water, waste water infrastructure critically degraded

According to the Ukrainian National Commission for Public Utilities Regulation group, nearly 40 per cent of Ukrainian water supply and wastewater networks are in a severely degraded condition. Read more here.

February 6, 2013

Lack of toilets, clean water cost the world US$260 billion

According to the Liberian President who is leading the global research on crafting a new set of global anti-poverty goals intended to replace the MDGs (Millennium Development Goals), lack of adequate sanitation and clean drinking water costs the global economy as much as US$260 billion. Read more here.

February 6, 2013

World Bank approves a loan of US$20 million for Russian microfinance

Formal banking and access to finance in Russia is mostly concentrated in Moscow. The World Bank recently approved a loan of US$20 million to scale up services of microfinance across the country. The Russian Federation will be cofinancing this project. Read more here.

February 6, 2013

Microinsurance Catastrophe Risk Organisation (MiCRO) awarded IFC funding

The Microinsurance Catastrophe Risk Organization (MiCRO), a specialty reinsurance organization to provide funding for microinsurance products in Haiti recently received US$1.96 million in funding from World Bank’s International Finance Corporation. MiCRO products are parametric triggered based, meaning that they pay insurance amounts as soon as natural disasters exceed a certain […]

February 6, 2013

India: SKS microfinance eyes INR 600 million (US11.3 million) profit next fiscal

SKS Microfinance, the country’s only listed microfinance firm is now projecting a profit for the next fiscal, after posting a profit for third quarter of financial year 2013. For seven quarters before this, SKS only posted losses. SKS was in the eye of the storm in the microfinance crisis in […]

February 6, 2013

Microfinance supports social currencies in Brazil

Brazil has sparked off a trend of micro-currencies – currencies holding sway in a small and local geographical region, wherein entrepreneurs of that particular region exchange these currencies within themselves. These are powered by community established local microfinance institutions. These currencies are a good method of nurturing local economy through […]