President of the World Bank Group Ajay Banga delivers his remarks during the inaugural Economic Development Assembly in Abidjan on Oct. 10, 2024 The World Bank approved changes to its lending practices on Oct. 15, which will unlock an additional $30 billion in much-needed financing for middle-incom»»»

WASHINGTON: The World Bank announced on Thursday that it delivered a record $42.6 billion in climate change financing in the last financial year, up 10 per cent from a year earlier. The development lender has looked to boost its climate financing commitment under new president Ajay Banga, who took »»»

Washington [US], April 20 (ANI): The World Bank has received endorsements of USD 11 billion for the new financial instruments aimed at boosting lending capacity and addressing shared global challenges.According to a release by the World Bank, eleven countries announced commitments totalling USD 11 »»»

WASHINGTON, April 10 ― The World Bank Group unveiled a framework yesterday for measuring the results of its development work with 22 indicators in what a top official called an important advance in the bank's push to increase transparency and accountability. Anna Bjerde, the World Bank's managing d»»»