The Republic of Korea has announced a 45% increase in its contribution to the World Bank’s International Development Association (IDA). Korea contributed KRW 585 billion in IDA20 and has committed to ...

RIO DE JANEIRO, 18 November 2024 — In a significant move to bolster global development efforts, Norway has announced its early pledge to the International Development Association (IDA) during the 19th ...

Discover how people are at the center of climate change risks, but also at the core of adaptation and mitigation solutions.

Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.

The Government of Poland has pledged to increase its contribution to the World Bank’s IDA by 100% compared to its previous IDA contributions, demonstrating its continued dedication to international ...

Technology adoption in the region has been slow and limited, with technical and management capacities falling well short of those in leading countries. Changing this dynamic is urgent, but how can it ...

Thailand’s Bio-Circular-Green (BCG) model, launched in 2021, laid the foundation for a sustainable, low-carbon economy. However, with rising climate threats—including sea level rise, extreme weather, ...

At COP28, the Multilateral Development Banks (MDBs) committed to develop a common approach for reporting climate results – so that we not only measure the volume of dollars spent on climate action, ...

WASHINGTON, November 7, 2024—The World Bank announced today a new $750 million support package for Supporting Reconstruction through Smart Fiscal Governance (SURGE) that aims to assist the Government ...

This session will bring together senior ministers, private investors, and the World Bank Group to discuss how countries can harness reforms and mobilize public and private investments for energy and ...