Devex
Devex
May 16, 2025 at 09:41 AM
We have made a list of some of our top stories published over the past few days for your weekend reading: #1 💸Asia’s billionaire class is rising — and so is its philanthropy, bringing new players, priorities, and questions about how development will be shaped in a shifting global landscape. https://www.devex.com/news/asia-s-wealth-is-booming-what-about-its-giving-110022?utm_source=whatsapp&utm_medium=social&utm_campaign=audience&utm_content=link #2 🏦Despite ADB’s long-standing branding as “Asia and the Pacific’s climate bank,” that title was rarely heard at last week’s gathering in Milan, Italy. Some critics and climate advocates said the omission is part of a broader pattern tied to pressure from Washington. #3 💰Hit hard by a difficult global health financing environment and the loss of funding from its largest contributor, the United States, the World Health Organization is suggesting a reduced program budget for the upcoming two-year period. https://www.devex.com/news/what-you-need-to-know-about-who-s-2026-2027-budget-proposal-110019?utm_source=whatsapp&utm_medium=social&utm_campaign=audience&utm_content=link #4 💲Cities contribute 75% of global emissions but get less than 1% of climate finance. Now, they’re demanding direct access to multilateral development bank funds — and MDBs are starting to listen. https://www.devex.com/news/how-cities-are-getting-a-seat-at-the-global-climate-finance-table-109956?utm_source=whatsapp&utm_medium=social&utm_campaign=audience&utm_content=link
Image from Devex: We have made a list of some of our top stories published over the past...

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