Up to $41 billion in World Bank climate finance —nearly 40% of all climate funds disbursed by the Bank over the past seven years— is unaccounted for due to poor record-keeping practices, reveals a new ...

A New Zealand Christian preacher and political party leader has misconstrued the findings of an Oxfam report into World Bank ...

Social media posts have misconstrued the findings of Oxfam research into the World Bank's climate finance reporting.

Close to 40 percent of World Bank climate financing over the past ... An Oxfam audit of the development lender's climate finance portfolio between 2017 and 2023 found that as much as $41 billion ...

Oxfam finds that for World Bank projects, many things can change during implementation. On average, actual expenditures on the Bank’s projects differ from budgeted amounts by 26–43% above or below the ...

Oxfam has raised alarm over the transparency of the World Bank’s climate funding, revealing that as much as $41 billion of ...

The World Bank is prepared to further scale up its climate financing if the international community requests it during the ...

A new report, urging rich nations to give more climate aid to poorer ones, comes as Donald Trump’s election throws global ...

A blended finance vehicle from the Asian Development Bank is paying to retire coal plants in Indonesia and the Philippines ...

For example, although the World Bank group advanced $31 billion in climate finance to India in FY 2024, it still fell woefully short of its requirements. Follow our WhatsApp channel Studies like the ...

Decarbonising Poland by 2050 would require investments worth about $450 billion, but could boost gross domestic product by an ...

The loan from the International Bank of Reconstruction and Development (IBRD), the multilateral development bank World Bank's ...