As climate change leads to a seemingly endless stream of weather disasters around the world, countries are struggling to adapt to the new reality. Preparing to better withstand hurricanes, floods, ...

BELEM, Brazil (Reuters) -The World Bank and other multilateral development banks (MDBs) are under pressure to offer more help to poor countries being hammered by energy challenges and climate ...

New report shows climate finance by multilateral development banks rose 10% in 2024 compared with previous year. MDBs’ climate finance for low- and middle-income economies increased 14% to more than ...

Donald Trump's policy of imposing tariffs could lead to more protectionism and slower growth in the global economy as well as more inflation, economists say. Yet, the global development financing ...

LONDON--(BUSINESS WIRE)--The Defence, Security and Resilience Bank (DSRB) Development Group co-hosted an international conference in the City of London this week to discuss the creation of a new ...

Climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, according to the 2020 Joint Report on Multilateral ...

Over the summer, Multilateral Development Banks (MDB) announced a series of debarments, further demonstrating the importance of robust compliance procedures among MDB fund recipients. On July 8, 2025, ...

BERLIN/LONDON, Dec 3 - European Rearmament Bank (ERB), an initiative to create a state-backed lender for defence amid the region's worst conflict since World War Two, has proposed merging with a ...

Initiative would allow debt suspension during crises Supported by Spain, Canada, France and Britain Spain's foreign minister suggests clauses could also cover war SEVILLE, Spain, July 1 (Reuters) - A ...