World Bank officials — under fire for losing track of $24 billion in climate funds — are panicking over the prospect of severe budget cuts as President-elect Donald Trump pledges to slash US ...

Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation ...

By Max Bearak and Somini Sengupta Max Bearak and Somini Sengupta have reported extensively on World Bank projects around the world. As the Trump administration imposes deep cuts on foreign aid and ...

Such a move, which is called for in a 920-page governing playbook if former President Donald Trump wins a second term, could derail international efforts to push the World Bank and other ...

WASHINGTON, June 2 (Reuters) - 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 ...

BRUSSELS, Aug 21 (Reuters Breakingviews) - To step up the fight against climate change, World Bank President Ajay Banga wants to overhaul the lender’s balance sheet without overturning its ...

During the World Bank Group-International Monetary Fund Annual Meetings that took place from October 9-15, we brought you live events focusing on what it takes to end poverty on a livable planet. Ajay ...

In its latest report on international debt, the World Bank said that low- and middle-income countries had paid $443.5 billion toward principal and interest in 2022. That is the highest level in ...