The World Bank and other multilateral development banks recently have begun reconsidering their self-imposed restrictions on financing fossil fuel projects. This change is being prompted in part by ...
NEW YORK, May 14 (Reuters) - Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial system, according to the findings ...
WASHINGTON, June 11 (Reuters) - The World Bank's board has agreed to end a longstanding ban on funding nuclear energy projects in developing countries as part of a broader push to meet rising ...
The Trump administration’s deep cuts to clean-energy programs are raising concerns about U.S. commitments to the lender. By Max Bearak and Somini Sengupta Max Bearak and Somini Sengupta have reported ...
The Full Mutual Reliance Framework (FMRF) is a landmark collaboration between the World Bank and the Asian Development Bank, designed to deepen the two institutions’ collaboration on cofinanced public ...
Conservation effort: Nini in Indonesia has been planting mangrove seedlings at a government site since 2021, which provides her with a steady income. Countries around the globe are facing increasing ...