The IKEA Foundation and The Rockefeller Foundation have announced plans to launch a $1 billion fund to boost access to renewable energy in developing countries – one of the key commitments made during a series of virtual UN ministerial forums this week.
Financial assistance to the world’s 83 weakest economies fell by 15 per cent in 2020, to $35 billion as a direct result of the COVID-19 pandemic, UN trade and development experts UNCTAD said on Monday.
Although spending on science has risen worldwide, greater investment is needed in the face of growing crises, the UN Educational, Scientific and Cultural Organization (UNESCO) has recommended in a new report published on Friday.