HIGHLIGHTS
We highlight best practices to empower micro, small and medium-sized enterprises tackling and recovering from the effects of the pandemic.
FAO launches the new COVID-19 Response and Recovery Programme outlining seven key priority areas
In line with the UN approach to “build back better” post COVID-19, and in pursuit of the Sustainable Development Goals (SDGs), the new programme aims to mitigate the immediate impacts of the pandemic while strengthening the longer-term resilience of food systems and livelihoods. “We cannot employ a ‘business as usual’ approach anymore,” highlighted FAO Director-General […]
ADFD suspends debt repayments for developing countries to support economic recovery
The Abu Dhabi Fund for Development will grant debt relief to low-income countries and companies from the developing world as the UAE backs a G20 plan to support economies grappling with the fallout from the Covid-19 pandemic. The fund said that it will suspend principal and interest repayments for eligible countries and businesses upon “request […]
UK Government doubles public donations to tackle coronavirus in vulnerable countries
The UK Government will match the first £5 million of donations from the British public to the Disasters Emergency Committee’s (DEC) Coronavirus Appeal, International Development Secretary Anne-Marie Trevelyan announced on Tuesday 14 July. Money raised from the appeal will boost the work of 14 leading British charities, helping some of the world’s most vulnerable people […]
5 charts that show the worst may be over for coronavirus and global trade
After the volume of merchandise trade shrank by 3% year-on-year in the first quarter, estimates for the second quarter – when lockdown measures affected the largest share of the global population – show a drop of 18.5%. “These declines are historically large, but could have been much worse,” the WTO says on its website. The […]
COVID-19: Implications for business
The ubiquitous face mask does more than protect against viral spread; it also changes the way we look at one another—and thus symbolizes the mystery of customer behavior in the pandemic. Several new McKinsey research efforts analyze the changes taking place in the homes of consumers, on their phones, and in stores. “Reimagining marketing in […]
Global Impact of COVID-19 Pandemic on Food Industry
According to the food sector related to industry workers, they do not have the opportunity to work from home and are required to continue to work in their usual workplaces. Keeping all workers healthy and safe in the food manufacturing plant and supply chain is critical to surviving the current pervasive. Maintaining the transportation of […]
3 ways sustainable supply chains can build better business in a post-COVID world
The pandemic has focused attention on how dependent we all are on what happens in other parts of the world for the products we use every day. As businesses look to reinvigorate their operations after the crisis, current innovations in sustainability certification can help build more resilient supply chains through a stronger focus on continuous […]
EBRD joins other MDBs and WTO in support for trade during coronavirus crisis
The European Bank for Reconstruction and Development (EBRD) has joined other multilateral development banks and the World Trade Organization (WTO) in a drive to provide urgently needed support for trade during the coronavirus crisis. The pandemic has led to a devastating economic downturn. International trade has been affected by a reduction in the supply of […]
