COP29: Islamic bank supports WHO Impact Investment with $10m – Newstrends
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COP29: Islamic bank supports WHO Impact Investment with $10m

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COP29: Islamic bank supports WHO Impact Investment with $10m

The Islamic Development Bank (IsDB) has committed a $10 million grant to the World Health Organization (WHO) to support the Health Impact Investment Platform (HIIP), bolstering its mission to strengthen primary healthcare systems worldwide.

Announced on November 12, 2024, during the UN Climate Change Conference (COP29) in Baku, the grant highlights IsDB’s dedication to enhancing health resilience and climate adaptation in low- and middle-income countries.

In a statement on Tuesday, IsDB described HIIP as a groundbreaking partnership among Multilateral Development Banks (MDBs), WHO and nations seeking robust health and climate solutions.

“This initiative focuses on the investment in essential, climate and crisis-resilient primary health care services and systems,” the bank stated, emphasizing the aim to reinforce the health system, especially in low- and middle-income countries and in underserved communities, ultimately aiming to foster resilience against emerging health threats and climate challenges.

Fifteen countries are identified as part of phase one of the Health Impact Investment Platform: Burundi, Central African Republic, Comoros, Djibouti, Egypt, Ethiopia Guinea Bissau .

Other countries included Jordan, Maldives Morocco, Senegal, South Sudan, The Gambia, Tunisia and  Zambia.

Supporting WHO’s technical assistance goals 

The $10 million grant will specifically support the technical assistance that WHO provides to countries around the world to assess investment needs and to design the most impactful health projects.

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“These projects will serve as the foundation for co-investment by the MDBs, ensuring that resources are directed toward areas with the greatest potential for positive health outcomes,”IsDB added.

Over the next four years, WHO aims to strengthen climate resilience as part of its Fourteenth General Programme of Work, which includes implementing national climate adaptation plans and making 10,000 health facilities fully operational, including solar-powered electrification.

Unlocking $500m in health investments across the region 

In addition to the $10 million grant, IsDB’s contribution is projected to unlock at least $500 million in health investments across the region.

“This collective goal is part of a broader effort to mobilize a total of US$ 1.5 billion in concessional loans and grants, focusing on critical areas, this way addressing national health priorities.”  

Advancing health resilience, leadership statements  

IsDB President Dr. Muhammad Al Jasser said, the Islamic Development Bank is proud to support the Health Impact Investment Platform as part of our unwavering commitment to advancing universal health coverage and resilience in our Member Countries.

“These Multilateral Development Banks and WHO partnerships enable us to scale up primary health care where it is needed most, creating a stronger foundation to withstand future crises and addressing the pressing health challenges of today.” 

“Together, we are fostering a healthier, more equitable future for communities across the globe,” he said.

WHO Director-General Dr. Tedros Adhanom Ghebreyesus emphasized that low- and middle-income countries need access to sustainable financing to strengthen their health systems through primary health care, to make them both more resilient to pandemics and more equitable in delivering essential health services.

“The Health Impact Investment Platform combines WHO’s public health expertise and on-the-ground presence with the resources and financing expertise of the Islamic Development Bank and other multilateral development banks. By working together, we can make a significant difference in improving health outcomes and creating a healthier future for all.” 

The IsDB, along with its partners, remains committed to fostering partnerships that will advance healthcare and improve quality of life globally.

 

COP29: Islamic bank supports WHO Impact Investment with $10m

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Two dead, buildings destroyed in American factory explosion

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Two dead, buildings destroyed in American factory explosion

Two employees of Givaudan sense colour, a factory known for making colourings for beverages, located in Louisville, Kentucky, United States (US) were killed in an explosion that took place at the company’s facility.

The factory reported that the incident which took place on Tuesday, November 12 in the afternoon have also destroyed buildings around the company.

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Louisville Mayor, Craig Greenberg stated that firefighters managed to rescue and evacuate numerous individuals from the site, including some who sustained life-threatening injuries.

He also confirmed that all employees present at the plant during the explosion have been accounted for.

Earlier reports indicated that at least 11 workers were hospitalized.

The cause of the explosion is still under investigation.

 

Two dead, buildings destroyed in American factory explosion

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Local security chief arrested over murder of mayor in Mexico

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Alejandro Arcos

Local security chief arrested over murder of mayor in Mexico

German Reyes, a local security official in Chilpancingo, Mexico has been arrested for the murder of the city’s mayor, Alejandro Arcos.

The Mexican authorities announced his arrest via a statement on Tuesday, November 12.

The Mayor was killed in the month of October as security officials discovered his lifeless body in his pick-up truck with his head chopped off and placed on his body.

The brutal killing and decapitation of Mayor Alejandro Arcos, which occurred just days after he assumed office, stunned the nation.

Guerrero prosecutors confirmed the detention of the security official who was identified as German ‘N,’ in line with Mexican practice of withholding the full names of suspects.

However, a local government official later identified him as German Reyes, who was the security chief for Chilpancingo, a city of around 280,000 residents in southwestern Mexico prior to his arrest.

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“The Guerrero prosecutor’s office, the Mexican army and the National Guard, arrested a man for the crime of qualified homicide in Chilpancingo,” the statement said.

The arrest seems to provide more proof of the extensive infiltration of organized crime in local governments across large parts of Mexico, as well as the corruption among local officials.

Reyes had a lengthy career in Mexico’s military, according to his public profile.

Further reports by the police revealed that the Mayor had prior to his death, left Chilpancingo in his truck without a driver or security detail, heading toward the nearby town of Petaquillas, Mexico.

Local media also suggested that Arcos had met with members of Los Ardillos, a criminal group operating in Guerrero, Mexico.

 

Local security chief arrested over murder of mayor in Mexico

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UK announces 45,000 seasonal worker visas for 2025

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UK announces 45,000 seasonal worker visas for 2025

The UK government has announced plans to issue 45,000 seasonal worker visas in 2025.

This initiative aims to support the nation’s food production by ensuring sufficient workforce availability during peak demand periods hereby addressing labour shortages in its agricultural and poultry sectors,

The seasonal worker visa scheme is intended to provide a temporary labour force for essential roles in food production.

Additionally, 2,000 visas will be granted to poultry workers for processing tasks between October and December.

This allocation, reports inform, is part of a broader strategy to provide businesses with the workforce needed during peak seasons.

Eligibility criteria for seasonal worker visa applicants

Applicants for the Seasonal Worker visa must meet specific eligibility requirements. They must be; at least 18 years old, have a valid sponsorship from a licensed UK employer and meet the necessary health and safety standards for the job.

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Applicants must also provide evidence of sufficient funds for their stay and have valid health insurance coverage. Importantly, visa holders are required to leave the UK when their employment period ends and cannot change their visa type while in the country.

Available roles and how to apply

The Seasonal Worker visa applies to a variety of roles within the horticulture and poultry sectors. In horticulture, workers may be tasked with duties such as planting, pruning, weeding, harvesting, and packing produce.

Poultry workers will typically be involved in tasks like feeding and caring for the birds, egg collection, processing, and other related duties.

To apply, candidates must secure a sponsorship certificate from a licensed UK employer.

Once sponsored, applicants can submit their visa application through the UK government’s online immigration portal.

Applications for poultry roles must be submitted by November 15 each year, while horticulture roles have year-round application windows.

UK announces 45,000 seasonal worker visas for 2025

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