A green economy could be defined by three characteristics: low-carbon, socially inclusive and resource-efficient. Focusing on renewable energy, sustainable agricultural practices and opening new horizons for...
Watching another chaotic United Nations climate confab end in disappointment brings to mind that old saw, incorrectly ascribed to Winston Churchill, about America always doing the...
World Bank officials — under fire for losing track of $24 billion in climate funds — are panicking over the prospect of severe budget cuts as...
By David Lawder WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that the world is in danger of becoming mired in...
Nairobi — The World Bank said on Monday it had lowered its economic growth forecast for sub-Saharan Africa this year to 3% from 3.4%, mainly due...
Balancing work and life can be challenging for many, and Ajay Banga, World Bank president and former CEO of Mastercard, shared his thoughts on this widely...
A construction site in the Fangshan district of Beijing in 2013. Tomohiro Ohsumi | Bloomberg | Getty Images China’s economic growth rate is expected to decline...
As war in the Middle East escalates with Israel’s invasion of Lebanon and Iran’s counter-attack, the global economy faces fresh recession fears after a year of...
By Andrea Shalal NEW YORK (Reuters) – Barbados will call for creation of a new World Bank finance facility to provide emergency liquidity to climate-vulnerable countries...
Under World Bank President Ajay Banga, the development lender has committed to raising the percentage of its total financing committed to climate change mitigation and adaptation...
In its latest report, State and trends of carbon pricing: International carbon markets 2024, the World Bank reflects on progress and challenges in global carbon pricing,...
By Kirsty Needham FUNAFUTI, Tuvalu (Reuters) – World Bank President Ajay Banga said on Friday that young people in the Pacific Island nation of Tuvalu need...