The World Bank is reconsidering its ban on financing upstream projects amid a push to bolster the power sector.

The World Bank has slashed its global growth forecast to 2.3%, citing trade tensions driven by US tariffs as the primary cause of the sharp downturn.

The world’s largest and most influential development bank said on Wednesday it would lift its longstanding ban on funding nuclear power projects.

The World Bank on Tuesday agreed with President Trump's complaint that foreign countries engage in unfair trade practices with the US and urged the nations to ease their tariffs on American exports.

World Bank slashes global economic outlook as trade tensions continue The bank warned that without a swift course correction, the harm to living standards could be ‘deep’.

The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast. It also called for all nations to reduce tariffs.

The World Bank forecasts a significant decline in global commodity prices, predicting a 12% drop in 2025 and another 5% in 2026, bringing them back to pre-pandemic levels.

World Bank climate message shifts amid Trump era uncertainty The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest shareholder.

In June 2023, the World Bank approved the $1.5 billion first Low-Carbon Energy Programmatic Development Policy Operation, which supported the waiver of transmission charges for renewable energy in ...

Environmental groups have submitted a formal complaint to the World Bank for providing financial support for two coal-fired power plants in Indonesia, violating a pledge to stop backing fossil fuels.

The World Bank, the world’s largest international development organization, has long faced criticism for a host of perceived shortcomings, including imposing coercive conditions on its loans to ...