World Bank to offer access to emergency funds from existing loans
The move will offer nations hit by a hurricane, earthquake or pandemic a liquidity burst that could reduce hardship.
Source: japantimes.co.jp
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World Bank revolutionises emergency funding system for crisis-prone nations
The World Bank on Thursday announced innovative measures to provide swift financial assistance to member countries grappling with the aftermath of natural disasters and other crises. This is based on a Reuters report.
Source: wionews.com
World Bank to scale-up access to catastrophe bonds and reinsurance capital
The World Bank announced a significant expansion of the use of catastrophe bonds, reinsurance and instruments such as parametric risk transfer for
Source: artemis.bm
World Bank Boss Banga seeks sustainable loans for poor states
He disclosed a new $15 billion programme to connect up to 100 million more Africans with reliable and affordable electricity by 2030.
Source: theeastafrican.co.ke
Tackling the Climate Crisis | The Development Podcast Limited Series: A World Free of Poverty on a Livable Planet
The 28th UN Climate Change Conference - COP 28 – comes at the heels of the hottest year in human history. Our newest episode of The Development Podcast delves into the impact of the climate crisis and urgent solutions to address it. This episode marks the launch of our new limited series on how to create a world free of poverty on a livable planet. Over the next 5 episodes, we’ll explore critical issues affecting planet, people and prosperity. Today, we turn our attention to the planet as we speak with three high-profile guests about climate change. We'll also hear from a climate advocate...
Source: worldbank.org