I N JUNE 2023 the world’s biggest development bank seemed to be undergoing a transformation. At a summit in Paris, the president of the World Bank, which for 70 years had focuse ...

We are supporting efforts to end poverty on a livable planet, investing in stronger economies, energy access, and more resilient communities. In fiscal year 2024—which covers July 1, 2023 to June 30, ...

The World Bank decided to remove quantitative targets for incorporating climate objectives into its financing, months after criticism from the US — its biggest shareholder — that it should get back to ...

Washington, D.C., October 15, 2024 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a 10-year GBP-denominated benchmark bond that matures in October ...

As the world faced a host of intertwined challenges – from climate change, pandemics, fragility, geo-political tensions, to debt distress – the World Bank Group changed to become a better and bigger ...

Development finance has evolved over the past decades, and is poised to undergo significant changes in the years ahead. What lessons from the past can help shape a stronger, more resilient global ...

The World Bank is considering securitizing some of the projects it’s backing to attract more private funding as it prepares to roll out a series of debt-for-development swaps, President Ajay Banga ...

WASHINGTON, Oct 25 (Reuters) - The World Bank will launch its first ever debt-for-development swap within weeks, its Vice President and Treasurer Jorge Familiar told Reuters, as the Washington-based ...

Chinese Premier Li Qiang's speech comes amid a pullback of U.S. support for Western-led institutions such as the World Bank and the IMF. China launched a regional development program called the Belt ...

One year ago, the IAEA and the World Bank Group (WBG) signed a partnership agreement to support the safe, secure and ...