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The World Bank Group’s new Country Climate and Development Report (CCDR) for Ghana estimates that at least one million more people could fall into poverty due to climate shocks, if urgent climate actions are not taken. Income could reduce by up to 40% for poor households by 2050. The analysis…
Climate change poses a significant threat to China, especially its densely populated and economically critical low-lying coastal cities. Read more at straitstimes.com.
U.S. Treasury Secretary Janet Yellen on Thursday stressed that the World Bank, whose president, David Malpass, has been on the defensive about his views on climate change, must play a leadership role in the global transition to clean energy.
By Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday stressed that the World Bank, whose president, David Malpass,...
<p><span>The United States remains resolute in its condemnation of Russia’s illegal war against Ukraine, which violates international norms and the core tenets of the United Nations Charter. We urge Russia to immediately end this needless war. We stand with the Ukrainian people and their government against Russia’s aggression and fraudulent attempts to annex parts of Ukraine. We continue to provide critical military and economic support to Ukraine in cooperation with bilateral and multilateral partners. This economic support includes debt service suspension from...