The heads of the World Bank and International Monetary Fund on Tuesday said they would work with the incoming U.S.

The world's top multilateral banks pledged to ramp up climate finance to low and middle income countries to $120 billion a ...

Credit - Photo-Illustration by TIME (Source Image: Allison Shelley—The Washington Post/Getty Images) ...

Banga entered office in 2023 after his controversial predecessor, David Malpass, was forced to resign following controversial ...

BAKU - The world's top multilateral banks pledged on Tuesday to ramp up climate finance to low and middle income countries to ...

Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.

The new capital market mechanism is designed to raise money to help build clean energy projects in developing countries.

MDBs have argued their capacity to scale climate finance further is dependent on their country shareholders paying more in.

Good morning from Baku. More world leaders are due to address the summit today. Look out for Italian Prime Minister Giorgia ...

Marisa Drew joined Standard Chartered Bank as Chief Sustainability Officer in 2022, and during her short tenure has ...

The climate financing needs of low and middle-income countries, which are projected to exceed $2 trillion per year by 2030, ...

Marisa Drew joined Standard Chartered Bank as Chief Sustainability Officer in 2022, and during her short tenure has ...