Featured World Bank issues $225m Amazon reforestation bond Aya El Sayed Aug 14, 2024 0 The World Bank has successfully priced a groundbreaking 9-year, $225 million Amazon Reforestation-Linked Bond,…
Featured Carbon credits could save $250b by 2030 – minister Aya El Sayed Aug 13, 2024 0 Carbon credit trading could potentially reduce the global cost of implementing nationally determined contributions…
Featured World Bank approves $500m loan for Peru’s economic reforms Aya El Sayed Aug 11, 2024 0 The World Bank approved a US$500 million loan to support Peru in enhancing its fiscal policy and economic…
Featured Poorest nations must triple energy to avoid climate crisis – report Aya El Sayed Aug 7, 2024 0 The world’s poorest nations must triple their energy production by 2050 to avoid becoming major climate emitters,…
Featured WB provides $600m for quake-hit areas in Turkey Aya El Sayed Jul 30, 2024 0 The World Bank Board has approved $600 million in financing to aid the recovery of microenterprises devastated by…
International News $3T/yr needed for low-carbon transition – Yellen Aya El Sayed Jul 28, 2024 0 US Treasury Secretary Janet Yellen emphasised the need for $3 trillion in new capital annually until 2050 to…
Featured Egypt gets World Bank recognition for fairer market reforms Nada Ali Jun 9, 2024 0 The World Bank is applauding Egypt's efforts to create a more level playing field for businesses. Stephane Guimbert…
Featured Africa needs $1.3t annually for sustainable development – minister Aya El Sayed May 27, 2024 0 Africa needs $1.3 trillion annually to meet its sustainable development needs by the end of this decade in 2030,…
Featured World Bank endorses $138.5m loan for Namibia Aya El Sayed May 7, 2024 0 The World Bank has announced on Monday its approval of a $138.5 million loan to Namibia to enhance its transmission…
Featured World Bank to introduce $1b debut hybrid Aya Anwar Apr 2, 2024 0 The World Bank is planning to introduce a debut hybrid note worth up to $1 billion on the capital markets this…