More: World Bank
Significant Potential to Increase Impact of Climate Finance- Report
Climate finance can become significantly more transformative by addressing systemic barriers to low carbon and climate resilient investments, according to a new World Bank...
Countries Can Take Steps Now to Rebuild from COVID-19
The coronavirus (COVID-19) pandemic and the economic shutdowns are dealing a severe blow to the global economy and especially poorer countries. Developing countries and...
World Bank Announces $500M to Fight Locusts, Preserve Food Security and Protect Livelihoods
The World Bank Group approved today a US$500 million program to help countries in Africa and the Middle East fight the locust swarms that...
World Bank Launches Inaugural Sustainable Development Bond Impact Report
The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today published its first impact report covering all bond issuances and the entire...
Mouhamadou Diagne Appointed Vice President of Integrity at the World Bank Group
World Bank Group President David Malpass today announced the appointment of Mouhamadou Diagne as Vice President of Integrity (INT) at the World Bank Group.
“I’m...
World Bank Predicts Sharpest Decline of Remittances in Recent History
Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and...
World Bank Group and IMF mobilize partners in the fight against COVID-19 in Africa
The World Bank Group and International Monetary Fund today convened African leaders, bilateral partners, and multilateral institutions to spur faster action on COVID-19 response...
World Bank Increases COVID-19 Response to $14 Billion To Help Sustain Economies, Protect Jobs
The World Bank and IFC’s Boards of Directors approved today an increased
$14 billion package of fast-track financing to assist companies and countries
in their efforts...
It’s Not Enough to Wait for Conflict to End; We Must Tackle Fragility, Conflict, and Violence Head On
Every day across the Middle
East and North Africa, the World Bank is focused on one overarching goal: to
end poverty, in all of its forms,...
World Bank Group Announces Up to $12 Billion Immediate Support for COVID-19 Country Response
As COVID-19 reaches more than 60 countries, the
World Bank Group is making available an initial package of up to $12 billion in
immediate support to...