UN development agency teams up with World Bank, others as funds grow scarce
UNDP is expanding work with the World Bank and other lenders as 1.2 billion young people are set to enter the workforce and only 400 million jobs are in sight.
6 Articles
6 Articles
UN development agency teams up with World Bank, others as funds grow scarce
By Andrea Shalal BANGKOK, Oct 13 (Reuters) – The United Nations Development Programme on Tuesday announced new initiatives to help attract investors and jobs to developing countries, which are being rocked by crises outside their control amid a sharp drop in official development aid. UNDP Administrator Alexander De Croo said the agency was increasing its cooperation with the World Bank, and forging new ties to the European Bank for Reconstructi…
Every year, 1.2 billion young people will enter the labour market in the next decade, but only 400 million jobs will be created. To close that gap, the UN launches an investment accelerator and an employment mechanism, with partnerships with the World Bank and other multilateral banks, and pilot initiatives in Nepal, Yemen, Haiti, [...]
UNDP Launches Global Investment and Employment Initiatives to Boost Growth
By Kestér Kenn Klomegâh The United Nations Development Programme (UNDP) today has announced two major global initiatives aimed at boosting economic growth and job creation in developing economies. Launched during the IMF-World Bank Group Annual Meetings in Bangkok, the Investment Accelerator and the Jobs for Prosperity Facility will help countries attract investment, strengthen the business […]
800 million young people face a future without jobs
Approximately 800 million young people entering the labour market in developing economies over the coming years will not find jobs unless countries act, the head of the UN Development Programme (UNDP) warned on Tuesday, as the agency launched two initiatives to boost investment and employment.
The United Nations Development Programme (UNDP) announced on Tuesday new initiatives aimed at attracting investors and jobs to developing countries.
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