World Bank

Ukraine faces €4.38 billion post-war bill to rebuild telecoms industry crippled by Russian attacks

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Ukraine estimates it will need $4.67 billion (4.38 billion euros) over the next decade to repair an overlooked but expensive casualty of the ongoing Russian invasion: its telecommunications network. Stanislav Prybytko, director general of the Mobile Broadband Directorate of Ukraine’s Ministry of Digital Transformation, told Euronews Next in a series of estimates that Russia has … Read more

Do not yet welcome the deal on the climate summit’s loss and damage fund; it may not warrant that standing ovation

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Shortly after the opening ceremony of the 2023 United Nations climate negotiations in Dubai, delegates from countries around the world rose to a standing ovation to celebrate a long-awaited agreement to establish a loss and damage fund to help vulnerable countries to help recover from climate-related disasters. But the applause may not yet be justified. … Read more