Image by Jared Olson. It’s the first time a U.S. court has forced the World Bank’s influential lending arm to pay reparations to a community adversely affected by its investments.

As a dollar-based institution, IFC’s foreign bond issues are always swapped backed to the currency, meaning IFC entered a ...

Investments from the World Bank's private investment arm hit a record $56 billion in its financial year to end-June, the lender's managing director told Reuters.

This optimism is backed by concrete numbers. In the fiscal year ending June 30, preliminary data shows that the IFC committed ...

Indian automaker Mahindra and Mahindra Ltd said on Wednesday that World Bank's private investment arm, International Finance Corp (IFC), will invest 6 billion rupees ($72.58 million) in the ...

The World Bank’s independent watchdog, the Compliance Advisor Ombudsman (CAO), has finalized its investigation into a complaint filed five years ago, alleging grave human rights violations by ...

Onsurity, an Indian startup that offers monthly subscription-based insurance solutions to micro, small and medium enterprises, startups and growing Onsurity, the Indian insurtech startup founded ...

The International Finance Corp., the private sector arm of the World Bank Group, garnered $6.7 billion of investors orders for its largest ever social bond.

World Bank's International Finance Corp is backing blockchain platform Chia Network, which allows users to trade carbon offsets, in hopes of shining light on eco-friendly projects.

World Bank affiliate, International Finance Corp (IFC), announced its support for a blockchain-enabled platform to trade carbon credits.

The IFC said it would advise on the government's "asset monetization programme, which will focus on harnessing private capital and know-how to manage state-owned assets".

LONDON/NEW YORK — International Finance Corp (IFC), a World Bank affiliate, told Reuters on Wednesday it is backing a blockchain-enabled platform to trade carbon offsets, aiming to attract more ...