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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 ...
World Bank bureaucrats who jetted to the United Nations’ annual global warming conference spewed CO2 emissions equal to what’s produced by 200 US households in a year — sparking accusations ...
While the Bank claims to have disbursed $42.6 billion in climate funds in fiscal year 2024, Oxfam’s findings suggest that up to $41 billion of that money remains untraceable.
World Bank officials scramble as Trump's win signals imminent budget slashes amidst climate fund fiasco. Luxury in the air faces grounding with World Bank's potential crackdown on business class ...
The World Bank predicts global commodity prices will fall sharply in 2025 and 2026. Energy prices are expected to see the most significant decline. The World Bank cites sputtering global growth ...
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 ...
In today's rapidly changing world, innovation and knowledge for development are more crucial than ever. The World Bank Group is renewing its approach to knowledge, ensuring that the best global ...
The World Bank upgraded its outlook for the global economy and said the “impressive” U.S. economy is powering the world. The latest outlook estimates the global economy will expand 2.6 percent ...
Senior figures at the World Bank have said it should consider changing its lending policy to include nuclear energy projects. (Image: World Bank) Ahead of the organisation's recent Spring meetings, ...