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April 2, 2024

UN nuclear watchdog head urges development banks to fund new projects

...The bank said in a statement that any decision to build its “internal capacity” in nuclear power would require broad shareholder support from the World Bank’s Board of Executive Directors, with board decisions...

March 4, 2024

FT Live

Bank of the Year Awards 2024

Recognising the best in banking globally

Chinese business & finance

China crams for World Bank business survey

...That might help explain Beijing’s latest obsession: acing the World Bank’s ease of doing business index, the world’s premier ranking of countries as investment destinations, which is being revamped and expected...

August 4, 2023

Asian Infrastructure Investment Bank

China-backed AIIB secures World Bank deal

...The World Bank has not announced its approval of the plan and did not respond to a request for comment....

July 21, 2023

Trade Secrets

Ajay Banga tries to build a better World Bank Premium

...What is Banga’s World Bank doing for us?...

April 15, 2024

News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar

The week ahead: The World Bank and IMF start spring meetings

...The IMF and the World Bank kick off their joint spring meeting on Monday in Washington....

April 14, 2024

FT Live

Evolving retirement strategies in an ever-changing world

What new regulatory developments mean for IFAs

The Week Ahead

Spring is in the air

...The IMF and the World Bank kick off their joint spring meeting on Monday in Washington....

April 14, 2024

News in-depthForeign aid

Development funds dash for donor cash at World Bank and IMF meetings

...The International Development Association, the World Bank’s $200bn lending arm to the world’s poorest countries, is leading a wave of fundraising this year for “replenishment” of the equity that backs grants...

April 15, 2024

InterviewIndian economy

India risks ‘squandering’ demographic dividend, says World Bank

...India and its neighbours are not creating enough jobs to sustain their young populations, the World Bank has warned, putting the region’s demographic dividend at risk even as it enjoys the world’s fastest...

April 2, 2024

News in-depthClimate change

Negotiators seek money for climate action at spring meetings

...who are attending the annual spring meetings of the IMF and World Bank....

April 15, 2024

Letter

Letter: World Bank ‘lab’ fails to address climate challenge

...Inder Sud Former Director, World Bank (1990-2001), Reston, VA, US...

March 6, 2024

International Development Association (IDA)

World Bank lender to poorest nations seeks record funding haul

...The World Bank’s fund for the planet’s poorest nations is seeking a record financing haul to tackle mounting debt and climate crises....

March 17, 2024

Energy Source

World Bank ‘optimistic’ about giant African hydro project Premium

...That’s where we really hope that the multilateral [organisations] like the World Bank and African Development Bank [invest],” he said....

February 8, 2024

Plastic pollution

World Bank and Citi launch $100mn plastic credits bond

...The plastics bond marks the fourth so-called “outcome” bond issued by the World Bank since 2021. In 2022, the World Bank issued a $150mn “rhino bond” to fund wildlife conservation in Africa....

January 26, 2024

International Finance Corp

World Bank unit faces pressure to compensate alleged abuse victims

...“Sexual abuse of children is abhorrent and any form of abuse in World Bank Group-financed projects is unacceptable.”...

January 25, 2024

FT Live

The Global Boardroom: 8th Edition

FT journalists in conversation with leaders in business and government

Letter

Letter: China will never match the US for one simple reason

...Mehdi Al Bazzaz Former World Bank Economist Alexandria, VA, US...

January 4, 2024

African economy

Anti-LGBT+ law puts Ghana’s IMF and World Bank funding at risk, finance ministry warns

...The World Bank did not immediately respond to a request for comment....

March 5, 2024

Emerging markets

Poor countries’ debt costs to hit ‘crisis’ levels, says World Bank

...of which, the World Bank said, will not be known until 2024....

December 13, 2023

Letter

Letter: US financial sanctions risk fuelling de-dollarisation trends

...Istvan Dobozi Former Lead Economist, World Bank Sarasota, FL, US...

November 15, 2023

Disrupted Times

World Bank turns pessimistic on Asia growth

...The way forward for the region was through deeper service sector reforms, said World Bank economist Aaditya Mattoo....

October 2, 2023

Aizhan Karpykova

Covid-19 changed our school system for the better

...This article — one of the winning entries in the 2023 FT/World Bank student blog competition — is part of the Financial Times free schools access programme. Details/registration here....

September 30, 2023

Xara Orji

Nigeria’s infrastructure held back its students

...This article — one of the winning entries in the 2023 FT/World Bank student blog competition — is part of the Financial Times free schools access programme. Details/registration here....

September 30, 2023

Chinmayee Bhattacharjee

The silver lining of technology

...This article — one of the winning entries in the 2023 FT/World Bank student blog competition — is part of the Financial Times free schools access programme. Details/registration here....

September 30, 2023

COP28

World Bank leader says climate loss and damage fund is a ‘beginning’

...The framework builds on existing efforts such as the Bridgetown Initiative, which pushes for reform of the World Bank and other multilateral development banks, and the so-called Nairobi Declaration by African...

December 1, 2023

Global economic growth

Global economy on track for worst half-decade of growth in 30 years, says World Bank

...Advanced economies were expected to see growth of just 1.2 per cent, according to the World Bank, down from 1.5 per cent in 2023....

January 9, 2024

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