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The World Bank Group’s report urges Bosnia and Herzegovina to invest $6.8 billion in climate resilience over the next decade. By 2050, climate-related damages could shrink the economy by 14%, …
Bosnia and Herzegovina Faces Urgent Climate Investment Needs to Ensure Economic Resilience Read More
During the G20 Summit in Rio, Prime Minister Narendra Modi, President Emmanuel Macron, and World Bank President Ajay Banga enjoyed a light moment together, strengthening their bilateral ties. The leaders …
G20 Summit: Modi and Macron Share Laughter with World Bank Chief Banga Read MoreParaguayan President Santiago Pena has been hospitalized in Rio de Janeiro during the G20 summit due to an undisclosed medical issue. His office indicates he is receiving necessary medical evaluations, …
Paraguayan President Santiago Pena Hospitalized During G20 Summit in Brazil Read MoreJBS, the world’s largest meat company, seeks public funding to combat climate change despite its substantial contribution to greenhouse gas emissions. CEO Gilberto Tomazoni argues for increased investment in agriculture, …
JBS Seeks Public Funding for Climate Change Initiatives Amid Emission Concerns Read MoreOn November 18, 2024, Seychelles and the World Bank discussed a coastal erosion project, with highlights from a site visit conducted by the World Bank’s regional vice president. The project …
Seychelles Partners with World Bank on Coastal Erosion Project Read More
Sudan’s Finance Minister, Gibril Ibrahim, has urged the U.S. to press the UAE to cease its support for the RSF, which has been engaged in conflict with Sudan’s army. During …
Sudan Appeals to U.S. to Halve UAE Support for Rapid Support Forces (RSF) Read More
COP29 seeks to secure $1 trillion annually for developing nations’ climate needs amid political tensions. Argentina withdrew its delegation, complicating negotiations. Wealthy nations’ funding reluctance and the uncertain future of …
COP29 Climate Talks on Urgent Need for $1 Trillion in Funding for Developing Countries Read More
Ndaba Gaolathe, appointed Vice President of Botswana, reflects on his past detention in Namibia due to his support for Hidipo Hamutenya’s presidential bid. As a former special assistant to Hamutenya, …
Botswana Vice President Ndaba Gaolathe Reflects on Political Mentorship under Hidipo Hamutenya Read More
During the UN Cop29 climate summit, Mukhtar Babayev emphasized the need for private-sector investment to support developing nations in transitioning to a low-carbon economy, amidst challenges posed by potential climate …
UN Climate Summit Urges Private Investment for Developing Nations’ Green Transition Read More
Multilateral banks are essential in funding climate change projects, especially in developing nations where access to finance is limited. They successfully met the annual $100 billion goal for climate initiatives …
The Role of Multilateral Banks in Financing Climate Change Initiatives Read More