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Development Business
{{italic title ''Development Business'', also known as ''United Nations Development Business'', ''UN Development Business'', ''UNDB'' or ''DB'' is an online and print publication issued by the United Nations Department of Public Information. It is the official source of international procurement information and contains current tender announcements, contract awards and operational summaries from all major international development banks, national governments and the United Nations System. Origins and development The United Nations Department of Public Information launched ''Development Business'' in 1978 with the support of the World Bank, African Development Bank, Asian Development Bank, Caribbean Development Bank and Inter-American Development Bank. ''Development Business'' was initially a part of its parent publication called ''Development Forum'', which was a platform for governments and other entities to express ideas on issues and challenges in the international economic env ...
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United Nations
The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and international security, security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizing the actions of nations. It is the world's largest and most familiar international organization. The UN is headquarters of the United Nations, headquartered on extraterritoriality, international territory in New York City, and has other main offices in United Nations Office at Geneva, Geneva, United Nations Office at Nairobi, Nairobi, United Nations Office at Vienna, Vienna, and Peace Palace, The Hague (home to the International Court of Justice). The UN was established after World War II with Dumbarton Oaks Conference, the aim of preventing future world wars, succeeding the League of Nations, which was characterized as ineffective. On 25 April 1945, 50 governments met in San Francisco for United Nations Conference ...
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European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest single shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 71 countries and two European Union institutions, the newest shareholder being Algeria since October 2021. Despite its public sector shareholders, it invests in private enterprises, together with commercial partners. The EBRD is not to be confused with the European Investment Bank (EIB), ...
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UN Member States
The United Nations member states are the sovereign states that are members of the United Nations (UN) and have equal representation in the United Nations General Assembly, UN General Assembly. The UN is the world's largest international organization, intergovernmental organization. The criteria for admission of new members to the UN are set out in Chapter II of the United Nations Charter, Chapter II, Article 4 of the Charter of the United Nations, UN Charter: # Membership in the United Nations is open to all peace-loving states which accept the obligations contained in the present Charter and, in the judgement of the Organization, are able and willing to carry out these obligations. # The admission of any such state to membership in the United Nations will be effected by a decision of the General Assembly upon the recommendation of the United Nations Security Council, Security Council. A recommendation for admission from the Security Council requires affirmative votes ...
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West African Development Bank
The West African Development Bank - WADB (fr. Banque Ouest Africaine de Développement - BOAD / pt. Banco de Desenvolvimento do Oeste Africano - BDOA) is an international Multilateral Development Bank established in 1973 to serve the nations of Francophone and Lusophone West Africa. The BOAD is organised by the Central Bank of West African States and its eight member governments: Benin, Burkina Faso, Guinea Bissau, Côte d'Ivoire, Mali, Niger, Senegal and Togo. It is funded by member states, foreign governments and international agencies. Its headquarters are in Lomé, Togo. Creation The BOAD was created 14 November 1973 by member states of the West African Monetary Union (WAMU). The original charter focused on development of member economies towards balanced development and to prepare economies for future West African economic integration. In 1994, it became the development arm of the West African Economic and Monetary Union (WAEMU/UEMOA). Structure Since that time several ...
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North American Development Bank
The North American Development Bank (NADBank) is a binational financial institution capitalized and governed equally by the Federal Governments of the United States, United States of America and Mexico to provide financing to support the development and implementation of infrastructure projects. History The NADBank was established by the Border Environment Cooperation Agreement of November 1993 (''Agreement Between the Government of the United States of America and the Government of the United Mexican States Concerning the Establishment of a Border Environment Cooperation Commission and a North American Development Bank.'') In the United States, participation by the government was authorized by North American Free Trade Agreement Implementation Act § 541 (). References {{reflist External linksThe North American Development Bank websiteThe BECC website
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Millennium Challenge Corporation
The Millennium Challenge Corporation (MCC) is a bilateral United States foreign aid agency established by the U.S. Congress in 2004. It is an independent agency separate from the State Department and USAID. It provides grants to countries that have been determined to have good economic policies and potential for economic growth. The country qualification process is objective, involving scores provided by third parties in 20 different areas. An eligible country must apply for a grant with a specific project in mind. History At the Inter-American Development Bank meeting on March 14, 2002, President George W. Bush called for a new compact for development with accountability for both rich and poor countries. He pledged to increase development assistance by 50% by fiscal year 2006 (which, by the end of 2004, doubled and was to double again by 2010). Other development programs like USAID have been thought to suffer from many different and sometimes conflicting goals, which often are a ...
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Islamic Development Bank
The Islamic Development Bank ( ar, البنك الإسلامي للتنمية, abbreviated as IsDB) is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saudi Arabia. There are 57 shareholding member states with the largest single shareholder being Saudi Arabia. History It was founded in 1973 by the Finance Ministers at the first Organisation of the Islamic Conference (now called the Organisation of Islamic Cooperation) with the support of the King of Saudi Arabia at the time ( Faisal), and began its activities on 3 April 1975. On the 22 May 2013, IDB tripled its authorized capital to $150 billion to better serve Muslims in member and non-member countries. The Bank has received credit ratings of AAA from Standard & Poor's, Moody's, and Fitch. Saudi Arabia holds about one quarter of the bank's paid up capital. The IDB is an observer at the United Nations General Assembly. Membership The presen ...
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International Fund For Agricultural Development
The International Fund for Agricultural Development (IFAD; french: link=no, Fonds international de développement agricole (FIDA)) is an international financial institution and a specialised agency of the United Nations that works to address poverty and hunger in rural areas of developing countries. It is the only multilateral development organization that focuses solely on rural economies and food security. Headquartered in Rome, IFAD is involved in over 200 projects across nearly 100 countries. It funds and sponsors initiatives that improve land and water management, develop rural infrastructure, train and educate farmers in more efficient technologies, build up resilience against climate change, enhancing market accessibility, and more. IFAD has 177 member states and works in partnership with the Organization of the Petroleum Exporting Countries (OPEC) and members of the Organisation for Economic Co-operation and Development (OECD). Since its foundation in 1977, IFAD ha ...
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International Finance Corporation
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development. The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private-sector entities, and creating jobs and delivering necessary services to those who are poverty stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals that it ...
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AusAID
Australian Aid is the brand name used to identify projects in developing countries supported by the Australian Government. As of 2014 the Department of Foreign Affairs and Trade (DFAT) has been responsible for Australia's official development assistance ( foreign aid) to developing countries. The Australian Development Assistance Agency (ADAA) was founded in 1974 under the Whitlam Government, renamed the Australian Development Assistance Bureau (ADAB) in 1976, then the Australian International Development Assistance Bureau (AIDAB) in 1987, before becoming the Australian Agency for International Development, known as AusAID, in 1995. It was merged into DFAT without prior consultation by the Abbott Government in 2014, with aid slashed to most regions apart from the Pacific region. History Organisational changes The agency saw a variety of names and formats. It was founded in 1974 under the Whitlam Labor government as the Australian Development Assistance Agency (ADAA) to fulf ...
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United Nations System
The United Nations System consists of the United Nations' six principal organs (the General Assembly, Security Council, Economic and Social Council (ECOSOC), Trusteeship Council, International Court of Justice (ICJ), and the UN Secretariat), the Specialized Agencies and related organizations. The UN System includes subsidiary bodies such as the separately administered funds and programmes, research and training institutes, and other subsidiary entities. Some of these organizations predate the founding of the United Nations in 1945 and were inherited after the dissolution of the League of Nations. The executive heads of some of the United Nations System organizations and the World Trade Organization, which is not formally part of the United Nations System, have seats on the United Nations System Chief Executives' Board for Coordination (CEB). This body, chaired by the Secretary-General of the United Nations, meets twice a year to co-ordinate the work of the organizations of t ...
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