The Latest Breaking News from World Bank

World Bank Officials: Cooperation in the Region Targets Development, Climate Protection

World Bank officials stressed that climate challenges in the Middle East included water scarcity, food shortage, and energy security, noting that the Saudi Green Initiative was an example to follow in order to address these threats. Asharq Al-Awsat interviewed Paul Noumba Um, the Regional Director of the World Bank’s Infrastructure…

Asharq Al-Awsat · Nov 20, 2022

What are the key outcomes of Cop27 climate summit?

From loss and damage to 1.5C goal and World Bank reform, the takeaways from Sharm el-Sheikh

The Guardian - UK · Nov 20, 2022

Nuan is the cat's whiskers at Apec

The most important news emerging from the Apec summit in Bangkok is that it looks like Downing Street's Larry the Cat has finally got some competition in the ranks of feline celebrities. Catching the eye in the Big Mango this week has been Nuan -- a lady cat who has…

Bangkok Post · Nov 19, 2022

COP27: Multi-lateral lenders have failed poorest over climate - Commonwealth head

The world's multi-lateral banks have "demonstrably failed" low and middle income countries when climate disasters hit and need to better assess their vulnerability and resilience when offering support, the head of the Commonwealth told Reuters.

Reuters · Nov 17, 2022

Bankers bet billions on new wave of debt-for-nature deals

The Galapagos Islands, whose thousands of unique species inspired Darwin's theory of evolution, have incalculable ecological value. But what are they worth?

Reuters · Nov 17, 2022

Three essentials to cashing in on population growth

The benefits of a growing demographic are not guaranteed. Governments need to ensure the right tools are in place as well.

360info · Nov 16, 2022

Australia criticised for resisting Cop27 push to end international fossil fuel subsidies

Labor party’s environment wing says it’s ‘disappointing’ Albanese government has not joined partnership which would build consensus across OECD

The Guardian - AU · Nov 15, 2022

Australia signs up to offshore wind alliance, as Chris Bowen declares return to climate change table

Climate Change Minister Chris Bowen delivers Australia's national statement at COP27, declaring the country "is back" as a willing negotiator on climate action.

ABC News · Nov 15, 2022

U.S. climate envoy Kerry wants development banks overhaul plan by April

U.S. climate envoy John Kerry said on Tuesday he wants to come up with a plan by April to reform the multilateral development banks system to unleash "hundreds of billions" of dollars to help vulnerable countries combat and adapt to climate change.

Reuters · Nov 15, 2022

Population growth slows in India as world reaches eight billion

India will still become the world’s most populous country next year, according to UN estimates.

Al Jazeera · Nov 15, 2022