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 ...

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 ...

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 ...

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 ...

DAKAR, November 5 th, 2024 - A new World Bank Group report highlights the significant economic and social benefits of climate action in Senegal as it pursues its Vision 2050 development plan. The new ...

The World Bank Group’s journey to become a better, bigger, and more effective Bank has advanced at a rapid pace. That progress—and a new focus and ambition on jobs—was on full display at the Annual ...

Debt can support growth, but it must be transparent, well-managed and follow a sound growth strategy. See how the World Bank is helping developing countries such as Cambodia and Madagascar make their ...

Washington, October 31, 2024—1.2 billion people face life-changing risks through exposure to at least one critical climate hazard, such as heatwaves, flooding, hurricanes, and drought. However, a new ...