Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, the central bank ...

The World Bank has painted a bleak picture of the U.S. economy and has estimated that the global economy will see the slowest decade for global growth since the 1960s, according to a forecast ...

World Bank President Ajay Banga wants to focus on improving the development lender so that he can earn the right to press member countries for more capital, as the new chief looks to expand its ...

The World Bank's new president Ajay Banga on Friday asked the lender's 16,000 staff to "double down" on development and climate efforts as he seeks to accelerate the bank's evolution to tackle the ...

“The World Bank Group is the largest multilateral funder of climate investments in developing countries, providing $31.7 billion in climate finance in the last year alone,” the spokesperson added.

Time is running out for the World Bank to become the leader on climate change that we need it to be. While all multinational development banks should be doing more, the World Bank in particular ...