Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.

Ending poverty on a livable planet requires all countries to enhance the resilience and adaptation of their people and economies to the impacts of climate change, while also reducing greenhouse gas ...

BAKU, November 12, 2024—The World Bank Group has expanded its lifeline to countries struggling to rebuild from disasters, allowing small, vulnerable states to postpone loan and interest repayments ...

The Government of Poland has pledged to increase its contribution to the World Bank’s IDA by 100% compared to its previous IDA contributions, demonstrating its continued dedication to international ...

WARSAW, November 6, 2024 – Accelerated action on decarbonization can help stimulate economic growth, enhance competitiveness and protect people from the harmful impacts of air pollution, says the ...

When thinking of Hiroshima, the first thing that may come to mind is the devastation caused by the atomic bomb in 1945. However, Hiroshima's story is not just one of destruction but also of remarkable ...

DUSHANBE, November 7, 2024 – Climate action offers Tajikistan an opportunity to rejuvenate its economy and create jobs while protecting its people from the growing risks of extreme weather events ...

More frequent and severe droughts, floods, landslides, heat, and air pollution are just some of the impacts Tajikistan faces from climate change. These disasters underscore the need for urgent action ...

WASHINGTON, November 6, 2024—The World Bank Group today announced the appointment of Dennis McLaughlin as Chief Risk Officer and Vice President. “Dennis has the deep financial expertise to support our ...

About 1.2 billion people are at high risk from climate-related hazards, but much can be done to make people, business, communities, and countries more resilient. The new World Bank flagship report ...

Nine out of the world’s 10 cities with the worst air pollution are in South Asia. Concentrations of fine particulate matter (PM 2.5) in some of the region’s most densely populated and poor areas are ...