On International Anti-Corruption Day (9 December), the United Nations has warned that corruption kills development, and is one of the biggest impediments to reaching the Millennium Development Goals. "When public money is stolen for private gain, it means fewer resources to build schools, hospitals, roads and water treatment facilities. When foreign aid is diverted into private bank accounts, major infrastructure projects come to a halt," said Secretary-General Ban Ki-moon. He warned...

Corruption kills development and is one of the biggest obstacles to achieving the globally agreed targets to reduce poverty, hunger and other social ills by 2015, also known as the Millennium Development Goals (MDGs), United Nations officials warned today. “When public money is stolen for private gain, it means fewer resources to build schools, hospitals, roads and water treatment facilities. When foreign aid is diverted into private bank accounts, major...

CITIES MAKE one simple promise to newcomers: Sacrifice yourself to me and your children shall prosper. This promise drew Ahmed Raza, a small-time wrestler from an Uttar Pradesh village and millions like him to the capital of newly-independent India. Raza kept his part of the bargain, yet half a century later, his daughter was pushed out of the city her father helped build, the only home she has known. “I...

The President of International Fund for Agricultural Development stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Just days before the UN Climate Change summit at Copenhagen, Kanayo Nwanze, President of IFAD (International Fund for Agricultural Development), stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Nwanze was...

Without urgent progress which will stimulate funding for renewables, nations could be locked into high-carbon energy and transport technologies for decades, inflating another unsustainable economic bubble, say experts. Achim Steiner, the head of the U.N. environment programme, said: “Far more worrying [than formally ratifying a treaty] is that every month we delay we send a ambiguous signal into the world economy, the markets, investors and R&D.” The markets had not...