Archive «Hot topics» 2020
Green Climate Fund
19.08.2020 - In a landmark decision in the fight against climate change, the Federal Council approved a USD 150 million contribution to the Green Climate Fund (GCF) over the next four years. The GCF helps developing countries implement the United Nations Framework Convention on Climate Change by funding their efforts to reduce greenhouse gas emissions and adapt to climate change.
12.08.2020 - SECO is supporting its partner countries in tackling the coronavirus crisis and its consequences, which could cost thousands of jobs. It has made around 50 million Swiss francs available for this purpose. This will help safeguard important services in communities and finance liquidity relief for companies.
Switzerland's enlargement contribution
08.06.2020 - Promoting renewable energy, creating employment and strengthening civil society: the final review of Switzerland's enlargement contribution summarises the results of Swiss-backed projects in 12 of the 13 states that joined the EU in 2004.
2019 annual report on international cooperation
02.06.2020 - SECO and the Swiss Agency for Development and Cooperation (SDC) have published the 2019 annual report on the Swiss International Cooperation. In an attractive multimedia format, the report tells stories about how Switzerland contributes to reduce poverty and mitigate global risks.
Multilateral development banks
27.05.2020 - Switzerland is contributing a total of CHF 879 million to replenish the resources of the International Development Association (IDA) and the African Development Fund (ADF). The money will be used to fight poverty, promote sustainable development and tackle the health, social and economic consequences of the COVID-19 crisis in the world's poorest countries.
Magazine "Die Volkswirtschaft" / "La Vie économique"
International cooperation 2021–24
19.02.2020 - The Federal Council has adopted the dispatch on Switzerland's strategy for international cooperation 2021–24. Swiss development cooperation will become more focused, thereby enhancing its effectiveness. A focus dossier of the magazine Die Volkswirtschaft / La Vie économique provides a compact summary.
World Bank Spring Meeting
17.04.2020 - On 17 April 2020, State Secretary Marie-Gabrielle Ineichen-Fleisch represented Switzerland at the virtual spring meeting of the World Bank. Switzerland supports the Bank’s package of measures to combat the global impact of the COVID-19 crisis. It is also ready to support the initiative launched by the IMF and the World Bank to temporarily suspend the debt service of the poorest countries.
Federal Council adopts the strategy 2021–24
19.02.2020 - The Federal Council today adopted the dispatch on Switzerland's strategy for international cooperation 2021–24. Swiss development cooperation will become more focused, thereby enhancing its effectiveness. The SECO will focus its bilateral economic cooperation and development activities on 13 priority countries.
World Bank Group and African Development Bank
19.02.2020 - Switzerland intends to contribute CHF 297 million to capital increases at the World Bank Group and the African Development Bank. The Federal Council adopted the relevant dispatch. The two banks are priority multilateral organisations in terms of Switzerland’s international cooperation, and are key actors in implementing the 2030 Agenda for Sustainable Development, particularly with regard to tackling poverty.
Switzerland’s international cooperation
19.02.2020 - The final report on the implementation of the message on
international cooperation 2017–2020 shows that SECO is largely achieving its objectives, obtaining good results and is actively addressing difficulties.
Contribution to the enlarged EU
20.01.2020 - Over the last ten years, Switzerland supported 93 projects aimed at reducing economic and social disparities in Bulgaria and Romania.
Inter-American Development Bank (IDB)
15.01.2020 - Luis Alberto Moreno, President of the Inter-American Development Bank (IDB), attended the annual meeting of the non-regional IDB member countries in mid-January. Through IDB, Switzerland is currently supporting Colombia to deal with the huge influx of migrants over the past two years from Venezuela.
IDB news release