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PARIS (Reuters) -The World Bank chief will announce a raft of measures on Thursday to aid countries hit by natural disasters, including a pause in payments to the lender, as world leaders gather in Paris to give impetus to a new global finance agenda. It aims to boost crisis financing for low-income countries, reform post-war financial systems and free up funds to tackle climate change by getting top-level consensus on how to progress a number of initiatives currently struggling in bodies like the G20, COP, IMF-World Bank and United Nations. Leaders are set to back a push for multilateral de...

Following are highlights of what world leaders said at a summit in Paris on Thursday to boost crisis financing for poor countries, reform post-war financial systems and free up funds to tackle climate change. "Even with the capital that the World Bank and the MDBs (multinational development banks) have, there is clearly potential ...to increase financing capacity," said U.S. Treasury Secretary Janet Yellen, whose country is the World Bank's biggest shareholder. Yellen said an additional 200 billion dollars could be unlocked over a decade.

Among the challenges facing developing countries, none is arguably more crucial than the significantly deteriorating fiscal situation

In New York, a cohort of debt-relief activists and US state politicians are pushing for a more-permanent solution: a law that would overhaul the process of restructuring sovereign debt.

LONDON: A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate ...