Friday, 28 March 2025

Focus on World Bank

Ilan Goldfajn, President of the Inter-American Development Bank speaks at the EU-LAC 2023 Business Round Table at the European Commission headquarters on the day of the EU-CELAC summit, in Brussels, Belgium July 17, 2023. REUTERS/Yves Herman/File Photo
BusinessClimateClimate FinanceFinanceNewsPolitics

Climate finance from multilateral banks up to $125 billion in 2023

Climate finance broadly refers to funding for climate change activities and can include grants, loans and proceeds from bonds.

A worker walks past inside the Asian Development Bank (ADB) headquarters in this file photo. REUTERS/Cheryl Ravelo/ File Photo
BusinessClimate FinanceEconomyFinanceNewsResiliency

ADB to devote half its lending to climate finance by 2030

Asian Development Bank hikes climate financing ambitions with a $100bn target and plan to boost private sector projects.

BusinessCarbon ManagementClimate FinanceEmissionsEmissions MarketsGreen SteelIndustryManufacturingNews

World Bank’s IFC signs green financing deal with Indonesia steel mill

Money for electric arc furnace technology could help steelmaker decarbonise and compete in markets looking for green steel.

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