Focus on World Bank
Analysis: Climate finance’s ‘new era’ shows new political realities
Next year, Germany, Canada and Australia all hold elections in which conservatives less supportive of green policies stand chances of victory.
UK pledges £239m to forest-rich nations to fight climate change at Cop29
It comes as part of the UK’s commitment to deliver £11.6 billion in carbon finance by 2026.
Turkcell’s Sustainability Vision Presented at COP29
ISTANBUL--(BUSINESS WIRE)--At the 2024 United Nations Climate Change Conference COP29 staged in Baku, the capital of Azerbaijan, Turkcell CEO Dr. Ali Taha Koç...
Bosnia needs to invest $6.8 billion to tackle climate change impact, World Bank says
Bosnia needs $6.8B in climate adaptation by 2030 to combat floods, air pollution, and ensure economic stability, says World Bank.
Multilateral development bank climate finance: The good, bad and the urgent
MDBs delivered a record $125B in climate finance in 2023, but adaptation funds lag; reforms and concessionality remain crucial.
Biden appeals to world leaders to stay in the climate fight as Trump casts shadow
Biden urges G20 to fund climate action in developing nations, unveiling $325M for fossil fuel transition amid looming Trump policy reversals.
Beyond B-loans? Development banks seek private money for climate change fight
An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.
Money to respond to climate change is key to UN talks in Baku. Nations are finding ways to raise it
Rich nations at COP29 face pressure to boost climate finance, balancing loans, grants, and leverage amid fears of debt for poorer nations.
Biden to announce ‘historic’ pledge to World Bank fund for poorest countries, advisor says
Biden to announce historic pledge to replenish the World Bank’s fund for the world’s poorest countries.
G20 summit begins in Rio as Trump’s return unsettles global order
G20 talks on trade, climate, and security will be challenged by the sharp U.S. policy shifts Trump promised upon taking office.
