The Latest Breaking News from World Bank

The World Bank will "operate" an ambitious new climate change fund, but donors and recipients will likely control how the money is actually spent, the head of the development lender said Friday.

Day one of the COP28 climate summit saw the first big breakthrough: agreement on a “loss and damage” fund to compensate poor states for the effects of climate change.

From fossil fuel chiefs to an outspoken UN secretary general, a look at who will attend the UAE’s climate summit

Young people in Africa have called on developed countries to double the funding for climate change adaptation in Africa.

According to a recent World Bank report, more than 40 percent of children under the age of five in Pakistan suffer from stunted growth. The situation is especially worrying for some villages in Sindh province, where 66 percent of under-fives are affected. Stunting is closely linked to brain development and…

Exclusive: Fields run by climate summit host have burned gas near daily despite 20-year-old pledge, satellite monitoring reveals

Plastic pollution is an urgent environmental issue, globally. Every year, about eight million tonnes of plastic end up in the oceans.

To what extent does private investment help developing countries to reduce conflict and violence and to achieve the Sustainable Development Goals?

Chief Secretary-led high-level steering committee formed for World Bank-aided KERA project in agriculture sector

The World Bank issued a statement on 8 August 2023, announcing that it had effectively suspended all new public financing to Uganda over concerns with the country’s anti-homosexuality law, which “fundamentally contradicts the World Bank Group’s values”.

Tense negotiations at the final meeting on a climate-related loss and damages fund — an international fund to help poor countries hit hard by a warming planet — ended Saturday in Abu Dhabi, with participants agreeing that the World Bank would temporarily oversee the fund for the next four years