Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.

Trump has 'mandate' from American people, IMF chief says World Bank's Banga highlights role of private sector UAE energy firm ...

Individually, DFIs do not have the capital reserves of the MDBs such as the World Bank. Between British International ...

Banga entered office in 2023 after his controversial predecessor, David Malpass, was forced to resign following controversial ...

The election of Donald Trump as President of the United States won’t throw the World Bank off course in meeting its climate ...

BAKU, November 12, 2024—The World Bank Group has expanded its lifeline to countries struggling to rebuild from disasters, allowing small, vulnerable states to postpone loan and interest repayments ...

Former Health Minister Rajitha Senaratne says that it is only the former President Ranil Wickremesinghe that can review the ...

As climate change leads to a seemingly endless stream of weather disasters around the world, countries are struggling to adapt to the new reality. Preparing to better withstand hurricanes, floods, ...

The Bank of England has cut the base rate to 4.75% - and will give a news conference at 12.30pm to reveal more about the direction of travel. Read this and the rest of today's personal finance and ...

The Inflation Reduction Act’s unprecedented climate spending—much of it uninvestigated—may soon lead to unprecedented ...

Moldova's pro-EU President Maia Sandu is facing Alexandr Stoianoglo, whom she fired as prosecutor general in 2023, in a tense ...