World Bank
Extreme Water Stress Affects a Quarter of the World’s Population, Say Experts
A quarter of the world’s population across 17 countries are living in regions of extremely high water stress, a measure of the level of competition over water resources, a new report reveals. Experts at the World Resources Institute (WRI) warned…
World Bank Launches New Fund to Support ‘Climate-Smart’ Mining for Low Carbon Tech
The World Bank has launched what is claimed to be the first ever fund dedicated to making mining for the low carbon energy transition “climate-smart” and sustainable. The Climate-Smart Mining Facility, targeting a total investment of $50 million (£38.2m), will…
World Bank Doubles Climate Investment to $200bn
The World Bank Group has doubled its current five-year investment to around $200 billion (£157bn) to support countries taking action to fight climate change. It is part of its plans to boost support for climate adaptation, especially in the world’s poorest nations, with…
Google, World Bank and EU Among Key Players Pledging Climate Action at One Planet Summit
Political and business leaders met in New York Wednesday to reaffirm their commitment to fighting climate change at the second annual One Planet Summit The summit was hosted as part of Climate Week NYC by French President Emmanuel Macron, United Nations Secretary General António Guterres, World…
Sustainability of Western Balkans Rising Public Debt Becomes Questionable
Yesterday, the regional study Public Debt on western Balkans was released in the framework of “Balkan Monitoring Public Finance” project. At the same time that was an occasion to discuss with the representatives of World Bank, Parliament of Montenegro, Western…
World Bank Launches Bond Series to Raise Awareness About Water and Ocean Resources
The World Bank launched the first in a series of bonds designed to raise awareness about the importance of ocean and water resources, the organization announced last Thursday. The series was announced in conjunction with World Water Week, which took…
Caribbean Aims to Be World’s First ‘Climate Smart’ Zone
Virgin Group Founder Richard Branson and Olympic Gold Medal Winner Usain Bolt are backing the Caribbean’s ambition to become the world’s first “climate smart” zone. The athlete helped launch the Caribbean Climate-Smart Accelerator in Jamaica yesterday, a coalition of 26…