The World Bank's steering committee on Friday endorsed the lender's plans to explore options to expand energy access, including potential financing for nuclear energy, in a move in line with ...

Former President Donald Trump may be hostile toward clean energy policy, but World Bank President Ajay Banga believes the push to help developing countries deal with climate change could survive ...

Reuters FILE PHOTO: The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth ...

The world's most desperate countries are falling further and further behind, their plight worsened by conflicts that are growing deadlier and more frequent.

LONDON (Reuters) -The World Bank is urging "radical" debt transparency for developing countries and their lenders to stave off future crises, it said in a report released on Friday.

World Bank President Ajay Banga said on Friday the development lender will devote 45% of its annual financing to climate-related projects by 2025, up from a target of 35%, and extend debt ...

World Bank climate message shifts amid Trump era uncertainty The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest shareholder.

The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, US, April 13, 2023. — REUTERS/ELIZABETH FRANTZ WASHINGTON — Foreign ...

The World Bank voted last year to change its internal lending guidelines and lower its equity-to-lending ratio by 1 percentage point as part of reforms recommended by an independent commission for ...

WASHINGTON — President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday. Citing “a ...

The World Bank's "Doing Business" report was altered in China's favor at the behest of top leaders, including IMF chief Kristalina Georgieva, an inquiry found.