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- Agenda / France - Régions, Bosnie-Herzégovine

South Africa's Madlanga Commission hears about Brazilian butt lift bribe denials and alleged drug heists.

Le règlement de la FIFA pour la Coupe du Monde autorise chaque sélection à convoquer entre 23 et 26 joueurs maximum. La liste inclut obligatoirement trois gardiens de but et doit être officialisée auprès de l'instance internationale le mardi 2 juin 2026. Nous mettrons à jour la liste des joueurs sélectionnés au fur et à mesure de leurs annonces.

ENTWURF EINES BERICHTS über die politischen Beziehungen zwischen der EU und Syrien
Ausschuss für auswärtige Angelegenheiten
Nathalie Loiseau

Quelle : © Europäische Union, 2026 - EP

The 2026 US–Israel–Iran war and the closure of the Strait of Hormuz have triggered one of the largest oil supply disruptions in modern history. Brent crude prices rose sharply, producing a major external shock for oil-importing developing economies at a moment when the international development system was already under severe strain. Petrochemical products shipped through the strait are also vital for agriculture, medicine and industry. The largest contraction on record of official development assistance (ODA) had already been recorded in 2025, while geopolitical tensions and rising defence expenditures are reshaping ODA spending priorities and development policy directions.
This brief examines how the oil shock will impact development cooperation. The significance of the oil shock lies not only in the price increase itself but also in its timing, and it arrives amid an ongoing reconfiguration of development cooperation. The analysis is organised around two postulates that underpin the post–Cold War development architecture. The first is the existence of states in the Global South with sufficient authority and developmental aspirations and capacity to pursue broad-based development goals. The second is the existence of donor countries willing and able to support those states’ aspirations.
The oil shock weakens both postulates through different mechanisms. For many oil-importing developing countries, rising fuel, food and transport costs intensify fiscal stress, debt vulnerabilities and pressures on state capacity. Fragile states without strategic importance are especially exposed. At the same time, donor countries face mounting pressures
from fiscal tightening, defence spending, domestic cost-of-living politics and growing scepticism towards multilateralism. These dynamics risk reinforcing one another in the sense that weakening state capacity can intensify instability, while rising instability may further reduce political support for development co-operation in donor countries.
The brief argues that alternative financing sources such as Gulf finance, South–South cooperation and climate finance are unlikely to compensate for the scale of OECD donors’ retrenchment. The likely result is a more fragmented, transactional and geographically selective development cooperation system, in which the countries most in need are increasingly among the least likely to receive sustained support unless they hold geopolitical importance.
Three policy implications follow from the war. First, the multilateral development financing architecture requires urgent bolstering. Instruments such as the World Bank’s International Development Association and the IMF’s Poverty Reduction and Growth Trust face growing pressure precisely as low-income countries (LICs) confront simultaneous food, fuel, debt and financing shocks. Second, the increasing concentration of concessional finance to strategically prioritised states should not be treated as inevitable. Fragile states risk declining concessional finance and multilateral reach despite acute humanitarian need. Third, European donors must decide whether development cooperation remains anchored in poverty reduction or becomes subordinated to defence, migration and geopolitical priorities.

Professor Andy Sumner is a professor of International Development at King’s College London and President of the European Association of Development Research and Training Institutes.

As Gaza’s fragile ceasefire frays and humanitarian conditions deteriorate, a senior UN envoy warned the Security Council last week that delays in implementing the Council-backed transition plan for the enclave will only increase suffering and undermine recovery. Credit: UN News

By James E. Jennings
ATLANTA, USA, May 29 2026 (IPS)

If you have been paying attention to the ongoing wars in Ukraine, Iran, Lebanon, and many other places, perhaps you have noticed that battles today are far different from those of the last century. Now it’s not only tanks and planes but also scores of long-range missiles and massive flights of drones linked to cybernetic warfare.

The tragedy of military and civilian deaths continues, however, with the number of casualties among Russian soldiers in Ukraine reportedly reaching an astonishing 25,000 every month. As always in warfare, civilians are unfairly targeted and suffer the most, with senseless random missile and drone attacks killing innocent people on both sides with regularity.

Professed lovers of peace, like US President Trump and Israel’s Mr. Netanyahu, both of whom have agreed to brokered ceasefire agreements in Gaza and in Lebanon, continue to bomb the other side with impunity. For the most part they are getting away with it, without protests from anybody except a few ineffective agencies and lonely voices.

That is indeed a new, inventive way of war: the combatants agree to a ceasefire, and then one side keeps bombing but insists that the other stop because of the agreed ceasefire. Under such circumstances, all a ceasefire really means is “Your side must stop firing—but we’ll fire at will.”

Such nonsense is a game of meaningless words with no resolution in sight. The increasingly Nazified Likud Party in Israel continues to bomb cities, villages, and individual homes and apartment buildings in Lebanon as if it were licensed to do so, with little effective pushback from the world community.

That is perhaps to be expected since the world has largely stood by silently for almost four years during the certifiable genocide in Gaza. And by now more than 1.2 million people have been driven out of their homes in South Lebanon into a life of desperation and uncertainty.

The efficient US-backed Israeli killing machine in Lebanon has continued to smash residential buildings with impunity and pile up an obscene list of civilians murdered—innocent mothers, fathers, grandparents, and many children.

In Gaza, Palestinian sources have recorded more than 2,000 Israeli violations of the so-called “ceasefire” between October 2025 and March 2026, with a total of over 700 Palestinians killed.

Only a temporary hold from the United States has kept Israel from continuing to bomb Iran. Israel refuses to listen to any restrictions on bombing Lebanon even though there is supposedly a ceasefire in effect.

Deaths there since the short April 17 “ceasefire” continue to escalate day by day. In Iran, both Israel and the US have promised to keep obliterating what was long ago announced as already obliterated.

The number of Iranians killed and wounded in the first three months of the joint US-Israeli aggression has been announced by the Tehran government as in the tens of thousands, and the war is not over yet. Most memorable is the massacre of 120 schoolchildren, mainly girls, on the first day of US bombing at Minab, Iran. Casualties so far on the US side number 13 killed and several dozens wounded. That’s the definition of one-sided warfare.

Modern wars may puzzle observers, but the art of twisting words and phrases and their associated meanings is as old as time. Lying, obfuscation, and obscene claims are the essence of war’s primary weapon, deception. Words can kill and do. “Ceasefire” is the latest lie. For Israel and the US, it means “You cease—we fire.”

James E. Jennings is the Founder and President of the aid agency Conscience International www.conscienceinternational.org and a longtime Middle East Peace Advocate.

IPS UN Bureau

 

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Voting by secret ballot. Credit: United Nations

By Thalif Deen
UNITED NATIONS, May 29 2026 (IPS)

The year 2026 seems to be an eventful year at the United Nations –a new President of the General Assembly (PGA), who will officially preside over the 81st session in mid-September, plus the election and appointment of a new Secretary-General (SG) who will takeover in January 2027 after the conclusion of a 10-year tenure by the outgoing SG Antonio Guterres.

When UN member states competed in elections– or sought votes for membership in the Security Council or in various UN bodies– the voting in the 1960s and 70s was largely tainted by cheque-book diplomacy — while promises of increased aid to the world’s poorer nations came mostly with heavy strings attached.

In the 1950s and 60s, voting was by a show of hands, particularly in committee rooms. But in later years, a more sophisticated electronic board, high up in the General Assembly Hall, tallied the votes or in the case of elections to the Security Council or the International Court of Justice, the voting was by secret ballot.

In one of the hard-fought elections many moons ago, there were rumors that an oil-soaked Middle Eastern country was doling out high-end, Swiss-made wrist watches and also stocks in the former Arabian-American Oil Company, then one of the world’s largest oil companies, to UN diplomats as a trade-off for their votes.

So, when hands, both from right-handed and left-handed delegates, went up at voting time in the Committee room, the largest number of hands raised in favor of the oil-blessed candidate sported Swiss watches.

As anecdotes go, it symbolized the corruption that once prevailed in voting in inter-governmental organizations, including the United Nations — perhaps much like most national elections the world over.

Just ahead of a crucial election, one Western European country offered free Mediterranean luxury cruises in return for votes while another country dished out — openly in the General Assembly hall— boxes of gift-wrapped expensive Swiss chocolates.

Fathulla Jameel, a former UN Ambassador and later Foreign Minister of the Maldives told Inter Press Service of how his resource-poor island nation, categorized by the UN as a Small Island Developing State (SID), would appeal to richer nations to help fund some of country’s infrastructure projects.

At least one rich Asian country, a traditional donor, was the first to respond – and magnanimously too, he said. The project would be fully funded —free, gratis and for nothing. But there was a catch: “If there is a vote at the UN, and it is not of any national interest to your country”, said the donor country’s foreign ministry, “we would like to get your vote.”

Perhaps for life – the life of the island nation itself which was threatened with sea-level rise and in danger of being wiped off the face of the earth. The offer was a clever political payback. Development aid with no visible strings attached.

There was at least one instance when the president of the General Assembly, the highest policy making body at the United Nations, was elected, on the luck of a draw -– following a dead heat.

With the Asian group failing to field a single candidate, the politically-memorable battle took place ahead of the 36th session of the General Assembly back in 1981 when three Asian candidates contested the presidency: Ismat Kittani of Iraq, Tommy Koh of Singapore and Kwaja Mohammed Kaiser of Bangladesh (described as the “battle of three Ks”—Kittani, Koh and Kaiser).

On the first ballot, Kittani got 64 votes; Kaiser, 46; and Koh, 40. Still, Kittani was short of a required majority — of the total number of members voting. On a second ballot, Kittani and Kaiser tied with 73 votes each (with 146 members present, and voting).

In order to break the tie, the outgoing General Assembly President drew lots, as specified in Article 21 relating to the procedures in the election of the president (and as recorded in the Repertory of Practice of the General Assembly).

And the luck of the draw, based purely on chance, favored Kittani, in that unprecedented General Assembly election. But according to a joke circulating at that time, it was rumored that the winner was decided by the flip of a coin — but the tossed coin apparently had two heads and no tail.

In more recent years, however, the regional groups, including the Asian, African, Latin American and Caribbean and the Western and Other Groups (WEOG) have called for a virtual ceasefire as they took turns according to geographical rotation. The Groups would name their candidates who get elected without any opposition.

But the seriousness of the UN’s far-reaching mandate has been tempered by occasional moments of levity which have rocked the Glass House by the East River— with laughter. The UN is a rich source of anecdotes—both real and apocryphal– in which the General Assembly (UNGA), takes center stage, along with the Security Council (UNSC) as a political sidekick.

When UN ambassadors and delegates congregate in the cavernous General Assembly hall at voting time, they have one of three options: either vote for, against, or abstain.

The most intriguing, however, is a fourth option: to be suddenly struck with an urge to rush to the toilet. The frantic attempt to leave your seat vacant — and consequently be counted as “absent”– takes place whenever the issue is politically-sensitive.

When delegates are unable to vote with their conscience– don’t want to incur the wrath of mostly Western aid donors or are taken unawares with no specific instructions from their capitals– they flee their seats and head for the toilet

At a lunch for reporters in his town house bordering Park Avenue in Manhattan, (“this was once owned by Gucci, now it is Fulci”), Ambassador Francesco Paolo Fulci, an Italian envoy with a sharp sense of humor, described the fourth option as the “toilet factor” in UN voting.

And he jokingly suggested that the only way to resolve the problem is to install portable toilets in the back of the General Assembly hall so that delegates can still cast their votes while contemplating on their toilet seats. But for obvious reasons, there were no takers.

In most instances, the various regional groups and coalitions—including the Group of 77, the Latin American and Caribbean States, the African Union (AU) and the Western European and Others (WEOG)— take decisions behind closed doors ahead of voting and voted by consensus,

In the 1970s and 80s, the 116-member Non-Aligned Movement (NAM), founded in Belgrade in 1961, was one of the largest and most powerful political coalitions at the UN led by countries such as Yugoslavia, India, Egypt, Ghana, Indonesia, Zambia, Cuba and Sri Lanka.

As a general rule, all 116 countries vote in unison on General Assembly resolutions rarely breaking ranks. A Sri Lankan ambassador once recounted a message transmitted from his Foreign Ministry in Colombo – primarily directed at newly-arrived delegates which read— “If you are faced with an unscheduled surprise vote, and do not have any instructions from the Foreign Ministry, look to the right to see how Yugoslavia is voting and look to the left to see how India is voting. If both ambassadors are seen bolting from their seats, just follow them to the toilet”.

This article contains excerpts from a book on the United Nations titled “No Comment – and Don’t Quote Me on That” authored by Thalif Deen, Senior Editor at Inter Press Service news agency. A former member of the Sri Lanka delegation to the General Assembly sessions, he is a Fulbright scholar with a Master’s Degree in Journalism from Columbia University, New York, and twice (2012-2013) shared the gold medal for excellence in UN reporting awarded annually by the UN Correspondents Association (UNCA). The book is available on Amazon. The link to Amazon via the author’s website follows: https://www.rodericgrigson.com/no-comment-by-thalif-deen/

IPS UN Bureau Report

 

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L'intégration européenne semble en panne, et l'administration Trump met au défi les politiques de l'Union dans les Balkans comme en Ukraine. Acteur majeur de l'élargissement, Pierre Mirel revient sur deux décennies de tâtonnements et d'avancées, avec la conviction que ce processus a plus de sens que jamais. Entretien.

- Articles / Questions européennes, Elargissement UE, Courrier des Balkans, Albanie, Bosnie-Herzégovine, Bulgarie, Croatie, Kosovo, Turquie, Macédoine du Nord, Serbie, Slovénie, Monténégro, Ukraine, Blocage UE

Financial constraints are one of the most severe obstacles for the operation and development of small and medium-sized enterprises (SMEs), especially in low- and middle-income countries (LMICs). Yet women and women-led enterprises are disproportionally affected, which leads to a gender gap in access to finance. This paper uses panel estimation techniques, namely a correlated random effects model, for 1,655 financial institutions from 109 mostly LMICs for the years 2000 to 2019 to examine empirically whether there are purely economic incentives for financial institutions to scale up their lending activities towards women and women-led enterprises. Going beyond the microfinance sector, this study provides – to the best of my knowledge – the first empirical evidence on this question for banks and bank-like financial institutions that serve higher credit market segments. I find positive and significant effects on the quality of the loan portfolio (lower portfolio at risk), income streams (higher portfolio yield) and the overall financial performance (captured by return on assets or profit margin). Since economic incentives and profitability considerations are crucial in steering the decisions of financial institutions with regard to credit allocations, the banks’ self-interest could lead to management decisions and internal directives to favor female loan applicants, which could contribute to closing the gender gap in access to finance. Furthermore, the findings on the positive effects on banks’ financial performance give policymakers and regulators leeway to push financial institutions through more restrictive policy measures and regulatory requirements to direct more loans to women and women-led firms.

Demonstration plots (demo plots) are crucial for knowledge dissemination and knowledge production to and with smallholder farmers in sub-Saharan Africa, making them important in rural development. Beyond their agricultural extension function considerations, their political and ecological dynamics remain undertheorized. Drawing on qualitative empirical data across Mbeya Region, Tanzania, we analyze the political ecology of different demonstration plots as assemblages deployed by private-sector actors, NGOs/grassroots organizations, and research institutions, to shape agricultural transformation. Our study reveals stark power asymmetries: private sector and research-led demo plots, strategically located and strongly resourced, dominate both physical and discursive landscapes. Their alliance building and branding practices territorialize monocultures, input-dependent farming as aspired futures. Conversely, the more conservation-oriented grassroots demo plots, despite retaining agroforestry socioecological systems, fostering local knowledge and diverse practices, are marginalized by resource constraints and limited institutional support, exposing their territories to constant erasure. Using assemblage theory, we scrutinize demo plots as active sites of socio-technical selection, configuring actors, spaces, and knowledge systems in ways that privilege market integration through intensification, while sidelining alternatives. The analysis challenges prevailing narratives of demo plots as neutral (even apolitical) pedagogical tools, instead arguing to understand them as instruments of power that determine which agricultural futures materialize.

Demonstration plots (demo plots) are crucial for knowledge dissemination and knowledge production to and with smallholder farmers in sub-Saharan Africa, making them important in rural development. Beyond their agricultural extension function considerations, their political and ecological dynamics remain undertheorized. Drawing on qualitative empirical data across Mbeya Region, Tanzania, we analyze the political ecology of different demonstration plots as assemblages deployed by private-sector actors, NGOs/grassroots organizations, and research institutions, to shape agricultural transformation. Our study reveals stark power asymmetries: private sector and research-led demo plots, strategically located and strongly resourced, dominate both physical and discursive landscapes. Their alliance building and branding practices territorialize monocultures, input-dependent farming as aspired futures. Conversely, the more conservation-oriented grassroots demo plots, despite retaining agroforestry socioecological systems, fostering local knowledge and diverse practices, are marginalized by resource constraints and limited institutional support, exposing their territories to constant erasure. Using assemblage theory, we scrutinize demo plots as active sites of socio-technical selection, configuring actors, spaces, and knowledge systems in ways that privilege market integration through intensification, while sidelining alternatives. The analysis challenges prevailing narratives of demo plots as neutral (even apolitical) pedagogical tools, instead arguing to understand them as instruments of power that determine which agricultural futures materialize.

The European Investment Bank (EIB), the world’s largest multilateral financial institution, has supported projects in over 160 countries, including fragile and conflict-affected states (FCSs). Following Russia’s full-scale invasion of Ukraine, the EIB adopted its first Strategic Approach to Fragility and Conflict in 2022. While the bank has a history of operating in FCSs, this strategy signals its ambition to strengthen the bank’s focus on state fragility. What is driving this shift and how does it align with the EIB’s traditional emphasis on financial sustainability and risk aversion? This paper examines the drivers of the EIB’s engagement with fragile states through an institutional logics lens, identifying three core logics embedded in the bank’s identity: development, investment and bureaucratic logics. The analysis shows that although development and bureaucratic logics strongly shape the new strategy, the investment logic – anchored in financial prudence – continues to influence lending practices. This finding suggests that the progressive rhetoric on fragility is constrained by institutional caution.

The European Investment Bank (EIB), the world’s largest multilateral financial institution, has supported projects in over 160 countries, including fragile and conflict-affected states (FCSs). Following Russia’s full-scale invasion of Ukraine, the EIB adopted its first Strategic Approach to Fragility and Conflict in 2022. While the bank has a history of operating in FCSs, this strategy signals its ambition to strengthen the bank’s focus on state fragility. What is driving this shift and how does it align with the EIB’s traditional emphasis on financial sustainability and risk aversion? This paper examines the drivers of the EIB’s engagement with fragile states through an institutional logics lens, identifying three core logics embedded in the bank’s identity: development, investment and bureaucratic logics. The analysis shows that although development and bureaucratic logics strongly shape the new strategy, the investment logic – anchored in financial prudence – continues to influence lending practices. This finding suggests that the progressive rhetoric on fragility is constrained by institutional caution.

A delegation from the Employment and Social Affairs Committee was in La Réunion to assess youth employment initiatives and to meet government representatives.
Committee on Employment and Social Affairs

Source : © European Union, 2026 - EP

LED street lights have been installed in the area around Hyderabad's famous Necklace Road, a scenic boulevard in the heart of the city that curves around the Hussain Sagar Lake. Credit: Stella Paul/IPS

By Stella Paul
HYDERABAD, India, May 28 2026 (IPS)

Ahead of the Eighth Global Environment Facility (GEF) Assembly in Samarkand, governments and development institutions are grappling with a familiar challenge: How to finance environmental action at the scale required to meet rapidly growing needs.

As public budgets tighten and biodiversity and climate risks intensify, attention is increasingly turning to blended finance – an approach that combines concessional public funding with commercial investment to mobilise large-scale capital.

Supporters say this model can reduce investment risks and unlock private capital for projects that might otherwise struggle to secure funding. Critics caution that such approaches still depend heavily on public support and may not be easily replicable everywhere.

In Hyderabad, India, one of the world’s largest municipal LED streetlighting programs has emerged as a prominent example of how blended finance can work in practice.

Turning Streetlights into Climate Finance

Hyderabad, a rapidly expanding and climate-vulnerable metropolis, has sought to address rising temperatures and growing energy demand by retrofitting its street lighting system with energy-efficient LEDs under India’s Street Lighting National Programme (SLNP). The initiative was part of a broader programme – Creating and Sustaining Markets for Energy Efficiency – implemented by Energy Efficiency Services Limited (EESL) in partnership with the United Nations Environment Programme (UNEP) and the Asian Development Bank (ADB), with support from the GEF.

The program combined GEF grant funding with more than USD 434 million in co-financing to deploy energy-efficient technologies at scale.

“The environmental financing gap runs into hundreds of billions of dollars annually. This is a scale that grants and ODA alone cannot close,” said Fred Boltz, Head of Programming at the GEF.

“Mobilising private capital is essential to sustaining a healthy planet.”

Blended finance works by reducing risks for private investors – through concessional loans, guarantees, or grant support – making projects viable in markets where returns are uncertain. By absorbing part of the risk, public or philanthropic funding enables commercial investors to participate in sectors such as renewable energy, biodiversity, and sustainable infrastructure, which are often perceived as too risky.

In Hyderabad, EESL financed the installation of LED streetlights and recovered costs through future energy savings, eliminating the need for large upfront spending by the Greater Hyderabad Municipal Corporation (GHMC).

More than 450,000 streetlights were replaced during the initial phases, with further expansion extending coverage across the city. Electricity consumption linked to public lighting dropped by roughly half, generating annual savings of more than ₹1 billion (about USD 12 million) while significantly reducing carbon emissions.

How Savings Became an Asset

The financing structure relied on a “deemed savings” model. Instead of paying upfront, municipal authorities repaid investments over time using verified reductions in electricity and maintenance costs.

Supporters say such arrangements help cities modernise infrastructure, despite budget constraints. But analysts warn that they depend on accurate projections, reliable maintenance, and strong institutional capacity.

Experts agree that blended finance works best when public institutions remain actively involved in implementation and oversight.

In Hyderabad, the programme incorporated a Centralised Monitoring and Control System (CCMS), allowing authorities to track electricity use, detect faults, and monitor performance in real time.

The system improved operational oversight while generating the data needed for performance-linked financing – where payments are tied to independently verified outcomes.

Newly retrofitted LED street lights on the eastern edge of Hyderabad, in India. LED lights are a cost- and energy-efficient alternative to other lighting and bring a sense of security to the areas where they are installed. Credit: Stella Paul/IPS

Beyond Carbon: From Climate Finance to Everyday Life

For residents, the effects of the LED transition are often experienced less in financial or technical terms than in everyday routines and perceptions of safety.

Kavitha Ramavath (27) and her husband, Ravi Ramavath (35), recently moved with their two young children to Uppal Bhagath, a fast-growing neighbourhood on the eastern edge of Hyderabad. They previously lived in Uppal Kalan, about four kilometres away, where housing was cheaper, but the infrastructure was poor. Kavitha works as a domestic worker, while Ravi drives an auto-rickshaw.

Although their rent has nearly doubled, improved lighting has changed their daily lives.

“This area is more lively, with wider and better-lit roads,” Kavitha said, pointing toward an LED streetlight outside her lane. “Earlier, I used to feel scared walking alone to drop or pick up my children from tuition classes.”

Now, she says, her children can play outside longer in the evenings and nearby shops keep their shutters open later. Ravi adds that he can park his auto-rickshaw outside their home without worrying about theft or damage.

Urban planners say improved public lighting can influence mobility, informal economic activity, and perceptions of public safety – especially for women and children.

Last week, Kavitha started a small fruit cart outside her home. The brighter street allows her to continue working after dusk, when customer footfall increases.

For her family, the benefits are not measured in emissions reductions or financing structures but in the possibility of earning a little more income while feeling safer in public spaces.

From Local Streets to Global Finance Models

While Hyderabad’s experience highlights blended finance in climate mitigation, the model increasingly extends far beyond energy efficiency.

Across the world, GEF-backed blended finance initiatives are channelling investments into biodiversity conservation, ocean protection, and sustainable supply chains. These projects demonstrate how public funding can unlock private capital in sectors that have traditionally struggled to attract investment.

In Brazil, for instance, the Living Amazon Mechanism combines capital market instruments with philanthropic funding to support sustainable supply chains in the Amazon. It links cooperatives and local producers with financing while reducing risk through the participation of a corporate buyer, Natura, which acts as an investor and off-taker.

Similarly, global platforms such as the IFC–GEF Green Global Supply Chain Decarbonisation Initiative aim to provide long-term, green-linked loans to manufacturers and suppliers in emerging markets, helping address a critical barrier – access to affordable capital for decarbonisation.

At the sovereign level, blended finance is also enabling innovative debt and bond instruments. The Seychelles blue bond, supported by a World Bank guarantee and GEF concessional financing, has demonstrated how countries can raise private capital for marine conservation while reducing borrowing costs

In Latin America and the Caribbean, a new facility backed by the Inter-American Development Bank (IDB) and GEF is using blended finance to expand debt-for-nature conversions, which allow countries to refinance debt at lower costs and redirect savings toward biodiversity conservation and climate resilience.

These models share a common principle: public or concessional capital absorbs risks, enabling private investors to enter sectors where financial returns alone might not justify investment.

Building Markets Beyond Cities

The Hyderabad programme did not stop with municipal infrastructure. Through India’s UJALA initiative, EESL also expanded access to LED lighting in households by aggregating demand and procuring bulbs in bulk.

This approach helped reduce LED bulb prices dramatically, making energy-efficient lighting affordable for millions of households and introducing on-bill financing systems that allowed payments in small instalments.

By addressing both public infrastructure and household demand, the programme aimed not only to deploy energy-efficient technologies but also to create long-term, self-sustaining markets.

“The path to scalable environmental outcomes runs through blended finance. Public capital does what private capital won’t – it absorbs excess risk and funds the rigorous monitoring that turns lessons into lasting change. Crowd out the public, and you crowd out the results,” said Boltz.

A Test Case for Blended Finance

As global discussions on climate and biodiversity financing intensify, Hyderabad is increasingly being viewed as a test case for how blended finance can operate at the city level.

Srinivas Kona, a clean energy expert from the Hyderabad-based consultancy Proventure, says, “The LED programme demonstrated how concessional funding, public-sector implementation, and savings-based repayment structures can work together to expand urban infrastructure without large upfront municipal expenditure.”

At the same time, he cautions that challenges remain. “It’s not clear how easily such models can be replicated elsewhere, especially in smaller cities with weaker revenue systems and lower administrative capacity,” he said, noting reports of maintenance issues affecting some installations.

Still, Hyderabad’s experience offers a glimpse into how global finance debates translate into visible changes in everyday urban life.

Last week, Kavitha Ramavath stood beside her new fruit cart under a bright LED streetlight, arranging guavas and bananas as evening customers passed by.

Fruit vending comes with risks, she says, but the extra income could help her family manage rising rent and school expenses.

For Kavitha, the impact of blended finance is not measured in investment flows or policy frameworks. It is reflected in the ability to work longer hours safely, earn a little more money, and imagine a more stable future for her children.

Note: The Eighth Global Environment Facility Assembly will be held from May 30 to June 6, 2026, in Samarkand, Uzbekistan.

This feature is published with the support of the GEF. IPS is solely responsible for the editorial content, and it does not necessarily reflect the views of the GEF.

IPS UN Bureau Report

 

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Credit: United Nations
 
At a time of accelerating global crises and transformation, the question is no longer whether young people should be at the table, but how power is being shared with them. With more than 2.6 billion people aged 15–35 worldwide, this generation is not only the largest in history, but a decisive force in shaping a more sustainable and inclusive future, according to the United Nations
 
Youth participation must move beyond visibility toward real influence and shared responsibility-UN Secretary-General António Guterres
 
Dr. Felipe Paullier of Uruguay assumed his mandate as the first-ever Assistant Secretary-General for Youth Affairs in December 2023 at the age of 32. He is the youngest senior appointment in the history of the United Nations, and the youngest serving member of the Secretary-General’s senior management group.

By Bisma Qamar
UNITED NATIONS, May 28 2026 (IPS)

In this exclusive interview, Dr. Felipe Paullier, UN Assistant Secretary-General (ASG) and Head of the United Nations Youth Office shares his leadership approach, insights on youth engagement, and his vision for driving institutional change from the grassroot level — redefining what is possible and proving that age is just a number.

Bisma Qamar: As the youngest and first ASG of the United Nations Youth Office, what drives and shapes your leadership style?

Dr. Paullier: I focus on perspective. Young leaders naturally bring fresh ideas and question why processes exist, fostering creativity and improvement. My approach is human-centered. Issues like mental health and wellbeing indicate societal shifts and must be taken into consideration. Leadership should be accessible and empathetic while understanding one’s potential and well-being. Today’s teams value approachable, realistic leaders rather than authoritative leaders.

“Leadership must blend insight with empathy; people want leaders who understand and support individuals”

From Potential to Performance :

Qamar: As member states become informed and establish programs like the youth delegate program, which strategic aspects are key to truly empowering young voices and ensuring meaningful participation beyond symbolism?

Dr. Paullier: The main challenge is converting narratives into actionable participation. Institutions need inclusivity, structured funding, and support mechanisms. Multilateral collaboration is essential, and power must be genuinely shared with youth. Meaningful participation involves more than representation—it requires influence over decision-making.

UN Youth Forums: Advancing Inclusion and Participation

Qamar: How do forums such as ECOSOC and HLPF contribute to advancing inclusion and promoting equitable opportunities?

Dr. Paullier: ECOSOC and similar platforms provide a structured environment where youth voices can be heard and actively contribute to institutional change. They allow spaces to be created where meaningful dialogue across generations and individuals from diverse backgrounds are possible. These forums emphasize translating strategic narratives into tangible actions at both institutional and grassroots levels, encouraging participants to understand their potential impact as well as the limitations of the processes involved and the power of collaboration to create impact.

Insights from Youth Participation at ECOSOC 2026 :

Qamar: Reflecting on 2026, what are your insights on the impact and engagement such as the ECOSOC for instance?

Dr. Paullier: Geopolitical tensions made participation more difficult for some regions. Nonetheless, enthusiasm remained high. This demonstrates the resilience and determination of young participants who continue to assert their presence and contribute meaningfully, even amid complex global situations.

“Despite such challenges which may occur, youth engagement continues to be a powerful message of hope and influence.”

Conclusion

This conversation highlights the transformative power of human-centered leadership, grounded in trust, collaboration, and vision. Dr. Paullier embodies a model where young leaders not only challenge norms and drive innovation but also inspire inclusion and collective action. His message is clear and compelling: meaningful change is achievable because leaders who step forward, embrace responsibility, and demonstrate possibility.

Through platforms like the United Nations Youth Office, these principles translate into tangible impact, proving that when vision is coupled with courage and collaboration, nothing is impossible — change happens because leaders like him are present to make it so.

As he states “It’s possible, because I am here”

Bisma Qamar is Focal Person for UN and Global Youth Affairs, PMYP.

IPS UN Bureau

 

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Le quotidien The New York Times a rapporté que les États-Unis et Israël considéraient l'ancien président Mahmoud Ahmadinejad comme un leader potentiel pour l'après-guerre.

On 3 June 2026 at 17.15 – 18.30, senior UN and EU officials will outline why the EU-UN peacebuilding partnership has consistently demonstrated its value. As deliberations intensify for the next MFF (2028–2034) and the Global Europe instrument, the discussion will explore the value of sustained investment in peacebuilding, including through concrete examples to showcase impact and will seek the perspectives and guidance of MEPs in advancing that case.


Guests:
· Elizabeth Spehar, Assistant Secretary-General for Peacebuilding and Peace Support, United Nations Department of Political & Peacebuilding Affairs (DPPA) and Department of Peace Operations (DPO).
· Peter Wagner, Director of Service for Foreign Policy Instruments (FPI), European Commission

Guests present to answer questions:
· Agi Veres, Deputy Director if the Crisis Bureau and Director of the Geneva Representation Office, UNDP
· Stella Ronner, Deputy Managing Director Multilateral affairs, European External Action Service
Source : © European Union, 2026 - EP

In Paris delegates convened at the ‘future of development cooperation’ conference organised by the OECD's DCD which supports the work of the OECD Development Assistance Committee (DAC), the leading traditional donors' aid club.