The Asian Development Bank (ADB) approved a $2 million grant to finance relief efforts in the country following the recent floods and landslides that claimed the lives of over 200 people and damaged the homes and livelihoods of hundreds of thousands more.
The Embassy of Sweden and the United Nations Development Program (UNDP) on Wednesday signed an 8 million U.S. dollars grant, giving a boost to the Zimbabwe Resilience Building Fund (ZRBF) set up in 2016 to build the resilience of vulnerable people in the country.
Uganda joins the rest of the world today to mark World Environment day, designated by the United Nations to be on June 5 to enlighten countries on the importance of everyone preserving and enhancing the environment.
Eminent developmental economist Prof.
Studies & Presentations
Given a poverty line, a person who is non-poor (poor) currently may not be treated as non-poor (poor) in a vulnerable situation. The poverty line is adjusted in the presence of vulnerability such that the utility of a person at the current poverty line and that at the adjusted poverty line become identical. Using an additive model of vulnerability, it is shown that if the utility function obeys constant Arrow-Pratt absolute risk aversion, then the harmonized poverty line is a simple absolute augmentation of the current poverty line.
The Pacific Possible: Climate change and Disaster Resilience report highlights the costs of making Pacific coastlines more resilient to climate change, which vary between one and thirteen percent of GDP across all Pacific Island countries, with higher costs in atoll island states such as Kiribati and Marshall Islands.