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World Bank

  • World

    Reformers say World Bank’s plan to free up climate spending not enough

    by Matthew Eloyi February 22, 2023
    by Matthew Eloyi February 22, 2023

    Officials and activists have said that the World Bank’s plan to relax its spending guidelines and lend more…

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  • World

    World Bank to free up $4bn to tackle climate change

    by Matthew Eloyi February 17, 2023
    by Matthew Eloyi February 17, 2023

    The President of the World Bank, David Malpass, has disclosed that the organization may alter its internal lending…

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  • World

    World Bank okays climate change shield financing credit

    by Matthew Atungwu January 18, 2023
    by Matthew Atungwu January 18, 2023

    The World Bank Group has announced the establishment of a Global Shield Financing Facility to assist developing nations…

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  • World

    World Bank transfers $615 million for flood-relief efforts

    by Matthew Atungwu January 16, 2023
    by Matthew Atungwu January 16, 2023

    The World Bank has transferred $615 million from ongoing slow-moving projects to flood-affected areas, which Pakistan was unable…

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  • World

    World Bank considers making climate action more central to its mission

    by Matthew Eloyi January 6, 2023
    by Matthew Eloyi January 6, 2023

    A draft “evolution roadmap” created by bank staff indicates that the World Bank is considering making climate action…

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  • World

    World Bank seeks to expand lending capacity to address climate change

    by Matthew Eloyi January 4, 2023
    by Matthew Eloyi January 4, 2023

    The World Bank says it is seeking to significantly increase its lending capacity to address climate change and…

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  • World

    World Bank to lend $500 million to help Brazil meet climate goals

    by Segun Ogunlade December 25, 2022
    by Segun Ogunlade December 25, 2022

    The Board of directors at the World Bank has approved a $500 million project in Brazil to strengthen…

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  • World

    WB approves $1.692 billion for 5 projects in Pakistan

    by Matthew Atungwu December 20, 2022
    by Matthew Atungwu December 20, 2022

    The Board of Executive Directors of the World Bank have approved funds totalling $1.692 billion for five projects…

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  • World

    Combating climate change requires reforming World Bank, IMF

    by Matthew Atungwu November 26, 2022
    by Matthew Atungwu November 26, 2022

    An implementation plan agreed at COP27 UN climate change summit in Sharm El-Sheikh, Egypt has shown that a…

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  • World

    World Bank approves Global Shield Financing facility for climate change

    by Matthew Atungwu November 23, 2022
    by Matthew Atungwu November 23, 2022

    A Global Shield Financing Facility has been announced by the World Bank Group to assist developing nations in…

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