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Covid-19 vaccine: India looking at USD 11 bn market opportunity

Aug 17, 2021 | , , ,

According to CARE Ratings, the majority of domestic demand is expected to be fulfilled by March 2022, when the export opportunities in the high-income markets such as Europe, North America, and developed Asian countries are likely to be completely exhausted.

However, the export opportunities in various African, Asian excluding China and Japan and some South American countries, where the pace of vaccination remains very slow would still exist, which is expected to remain greater than 1.25 billion doses, it said.

Fewer women than men will regain work during COVID-19 recovery: ILO 

Aug 17, 2021 | , , , , ,

In Building Forward Fairer: Women’s rights to work and at work at the core of the COVID-19 recovery, the International Labour Organization (ILO) highlights that between 2019 and 2020, women’s employment declined by 4.2 per cent globally, representing 54 million jobs, while men suffered a three per cent decline, or 60 million jobs. 

Pandemic has IFC pumping $1.7 billion into local companies, up 51%

Aug 17, 2021 | , , , , ,

The impact of the pandemic coupled with the region’s vulnerability to climate change, has highlighted the need for a collaborative, resilient and climate friendly recovery that can withstand future shocks, said its new regional director for South Asia, Hector Gomez Ang.

While South Asia is one of the fastest growing regions in the world, estimates suggest that climate impacts could reduce its annual GDP by an average of 1.8 percent by 2050, rising to 8.8 percent by 2100 if the region failed to take adequate corrective measures. The region is also estimated to have an untapped climate investment potential of USD3.4 trillion by 2030, Ang said.

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