By David Lawder WASHINGTON, June 29 (Reuters) - The World Bank Group said on Monday it will "retire" its previous goal to ...

The WBG’s work on climate is and will remain firmly client driven, supporting them in delivering on their own ambitions as set out in their national plans and Nationally Determined Contributions (NDCs ...

By Simon Jessop LONDON, July 13 (Reuters) - Multilateral development banks committed a record $162.5 billion in climate ...

The World Bank on Monday extended its climate change policy framework indefinitely, but dropped its targets for the ...

I N JUNE 2023 the world’s biggest development bank seemed to be undergoing a transformation. At a summit in Paris, the ...

The organization is scrapping a target to commit 45% of its annual financing to projects with climate benefits amid increased ...

World Bank abandons climate finance targets after U.S. criticism, potentially impacting projects in developing countries like ...

The World Bank Group announced the retirement of its 45% annual lending goal for climate projects, instead extending its ...

The World Bank will retire its climate lending targets, emphasizing 'smart development' that enhances job opportunities while ...

By Marc Jones LONDON, June 25 (Reuters) - France's development minister issued an eleventh-hour plea to the World Bank on Thursday, urging it to resist pressure from its largest shareholder, the ...

The World Bank’s targets for funding climate-related projects are set to expire on Tuesday, and amid growing pressure from the Trump administration, there doesn’t appear to be any clear replacement ...