The Latest Breaking News from World Bank

Despite ‘loss and damage’ focus there have been more oil and gas lobbyists than delegates from the most vulnerable countries

Pioneering ecological economist who foresaw the catastrophic effects of unlimited economic growth

Albania has a population of 2.8 million people, according to data published at the start of 2021. Since the fall of communism in 1991 nearly 40% of Albania’s population has left the country.

The World Bank has warned about a global recession next year. Moreover, although the October inflation report shows signs of cooling price pressures, inflation is still far from the Fed’s target level. Hence, we believe fundamentally solid dividend-paying stocks Johnson & Johnson (JNJ) and McDonald’s Corporation (MCD) could be ideal…

The World Bank is ready to step up financing of action to tackle climate change in the world's poorest countries, but needs fresh funds from wealthy donor countries to do so, its managing director of operations told Reuters.

The third day of the COP summit in Egypt saw signs of movement on climate finance and the resurrection of a controversy about the views of the World Bank president.

Private investment is crucial to addressing climate change. But a big barrier to private investment in developing countries is the perception that risks are higher than in industrialized nations.

Potential outcomes on 1.5C, climate finance, adaptation funding, loss and damage, World Bank reform and African gas

Extreme weather is drowning many parts of the world with countries lacking the resilience and funding to cope with the devastating downpours. What can we learn from these global floods and what solutions are on the table at COP27?

Report co-written by Nicholas Stern says figure required to switch away from fossil fuels and cope with extreme weather impacts

Sharm el Sheikh (Egypt) (AFP) - The world needs to rethink the international financial system to provide debt relief to countries battered by devastating and costly climate impacts like Pakistan, UN chief Antonio Guterres said Monday.