Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation by ...

WASHINGTON, D.C., March 13, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD 6 billion benchmark bond that matures in March 2030. The ...

The World Bank, the world’s largest international development organization, has long faced criticism for a host of perceived shortcomings, including imposing coercive conditions on its loans to ...

Created in the aftermath of World War II, the World Bank and the International Monetary Fund (IMF)—referred to here as the Bretton Woods institutions—have played an important role in the international ...

WASHINGTON, Feb. 22, 2023—The Board of Executive Directors of the World Bank Group met today under the Chairship of its Dean, Mr. Koen Davidse, to discuss the selection process for the next President ...

As the world faced a host of intertwined challenges – from climate change, pandemics, fragility, geo-political tensions, to debt distress – the World Bank Group changed to become a better and bigger ...

Over the past decade, the World Bank has supported various partner countries in improving road safety. The Global Road Safety Facility (GRSF), a multi-donor Trust Fund managed by the World Bank, has ...

The World Bank is ending its long-standing ban on providing funding for nuclear energy projects - and will be open to supporting efforts to extend the life of existing reactors and accelerate the ...

Since February 2022, working with development partners, the World Bank has mobilized $38 billion in financial commitments and pledges for Ukraine, of which over $29 billion had been disbursed as of ...