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 ...

The world’s largest multilateral development banks announced a new goal on Tuesday at the COP29 talks in Azerbaijan to raise $120 billion in annual climate finance for developing nations by the end of ...

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 ...

Battered by high inflation rate, fuel prices, unemployment, rising debt, and crippling garment industry, Bangladesh is ...

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 ...

Arab and Muslim leaders demanded on Monday that Israel withdraw from occupied Palestinian territories as a precondition for ...

Trump has been saying for a long time now that Netanyahu should “ finish ” the fighting in Gaza—not by signing a peace deal ...