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"Factsheet Debt Relief Under the Heavily Indebted Poor Countries (HIPC) Initiative September 22, 2009 The Joint IMF-World Bank's comprehensive approach to debt reduction is designed to ensure that no poor country faces a debt burden it cannot manage. To date, debt reduction packages under the HIPC Initiative have been approved for 35 countries, 29 of them in Africa, providing US$51 billion in debt-service relief over time. Five additional countries are potentially eligible for HIPC Initiative assistance. Debt relief key to poverty reduction The HIPC Initiative was launched in 1996 by the IMF and World Bank, with the aim of ensuring that no poor country faces a debt burden it cannot manage. Since then, the international financial community, including multilateral organizations and governments have worked together to reduce to sustainable levels the external debt burdens of the most heavily indebted poor countries. In 1999, a comprehensive review of the Initiative allowed the Fund to provide faster, deeper, and broader debt relief and strengthened the links between debt relief, poverty reduction, and social policies. In 2005, to help accelerate progress toward the United Nations Millennium Development Goals (MDGs) , the HIPC Initiative was supplemented by the Multilateral Debt Relief Initiative (MDRI) . The MDRI allows for 100 percent relief on eligible debts by three multilateral institutions-the IMF, the World Bank, and the African Development Fund (AfDF)-for countries completing the HIPC Initiative process. In 2007, the Inter-American Development Bank (IaDB) also decided to provide additional ("beyond HIPC") debt relief to the five HIPCs in the Western Hemisphere. Two step process Countries must meet certain criteria, commit to poverty reduction through policy changes and demonstrate a good track-record over time. The Fund and Bank provide interim debt relief in the initial st

BBCs Series "Develop or Die" looks at Developing Countries around Asia, and the different challenges each face to continue their development amindst Global Concerns about Climate Change, CO2 Emissions, increasing Pollution, and public demand for increased sustainable development both in developed Countries but also the rapidly developing regions of the Planet. In this Episode Malaysia (Part 1 of 2) highlights the challenges faced as transport and construction boom, while in Part 2 Vietnam sets an example with regard to the increasing Tourist Industry in Asia.

A great resource for a lesson starter on 'sustainability'. From the treehugger blog - well worth following via RSS.

"Boseley, the Guardian's health editor,"

Article doesn't say much specifc, but it gives an overview of a new idea.

"Rivers, lakes, wetlands: could water become the world's biggest market?"

allows users to create animated visualizations of development data. To use Better World Flux (no registration required) all you have to do is select a data set from the menu provided and select a country or countries from the menu provided. From there Better World Flux creates an animated data visualization for you. The visualization will change as the years on the timeline at the bottom of the visualization change. This way users can see growth and recession of a statistic over time.