The world’s oldest multilateral climate fund, the Global Environment Facility (GEF), is planning a new wave of wildlife conservation bonds in a bid to help countries across Africa, including Nigeria, ...

A mechanism set to support pandemic preparedness in low- and middle-income countries is set to be launched later this ...

Somalia's Minister of Finance, Bihi Imaan Cige, held a key meeting on Monday with Hideki Matsunaga, the newly appointed Country Manager of the World Bank for Somalia.The meeting served as an ...

Coastal flood risks are expected to increase due climate change. Therefore, Bangladesh has been upgrading its coastal embankment system to enhance flood safety. This initiative includes not only hard ...

The World Bank Group has taken an active role in the INC process by organizing side events, sharing analytical tools, and ...

The World Bank is strengthening its procurement requirements to help address the jobs challenge in developing countries by requiring companies working on World Bank-funded projects to include local ...

World Bank Group President Ajay Banga and International Atomic Energy Agency Director General Rafael Mariano Grossi outlined the thinking behind the change in policy at a joint event in Paris.

The World Bank has taken its first step since ending its ban on funding nuclear energy projects by partnering with the International Atomic Energy Agency to support countries that choose to include ...

BEIRUT (AP) — The World Bank said Wednesday it approved over $1 billion dollars for infrastructure and reconstruction projects in Iraq, Syria and Lebanon. The biggest amount went to Iraq, where the ...

The World Bank announced Wednesday that it will invest over $1.3 billion to improve the quality of life in three war-torn countries in the Middle East.

The World Bank Board of Executive Directors approved yesterday a US$146 million grant financing to Syria from the International Development Association (IDA) to help restore reliable, affordable ...

South Africa's National Treasury says the World Bank has granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it transition toward a low-carbon economy.