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World Bank

'Money down the drain': Report reveals 'billions' in global economic losses from poor sewage treatment

Investment

'Money down the drain': Report reveals 'billions' in global economic losses from poor sewage treatment

New report highlights 'staggering economic and social costs' of untreated wastewater and urges governments to ramp up invests that can save money and lives

clock 14 March 2025 • 5 min read
Global Briefing: Australia moves to end international finance for fossil fuel projects

Investment

Global Briefing: Australia moves to end international finance for fossil fuel projects

Australia confirms new fossil fuel finance policy, the World Bank announces $100bn of development funding, and plans advance of e-mobility services in East Africa

clock 06 December 2024 • 7 min read
World Bank: Carbon pricing revenues hit $100bn in 2023, but prices remain unaligned with climate goals

Carbon Trading

World Bank: Carbon pricing revenues hit $100bn in 2023, but prices remain unaligned with climate goals

New analysis reveals 75 carbon pricing regimes generated $104bn last year, with more than half of revenues going towards climate and nature-related programmes

clock 21 May 2024 • 3 min read
World Bank and IMF Spring Meetings deliver limited progress on climate finance

Investment

World Bank and IMF Spring Meetings deliver limited progress on climate finance

COP29 President-Designate hails 'very productive' series of meetings, but campaign groups warn far more action needed to secure ambitious outcome on climate finance in Baku

clock 23 April 2024 • 6 min read
'Crippling debt': Calls grow for World Bank and IMF reforms to combat climate crisis

Investment

'Crippling debt': Calls grow for World Bank and IMF reforms to combat climate crisis

Stephen Fry, Annie Lennox, Christiana Figueres, Forest Whitaker, and Paul Polman among those calling on G20 leaders to support global financial reforms to tackle debt and climate crises

clock 14 April 2024 • 7 min read
Could Loss and Damage Fund blueprint deliver COP28 breakthrough?

Climate change

Could Loss and Damage Fund blueprint deliver COP28 breakthrough?

Set of recommendations agreed for establishing global fund to support nations facing worst climate impacts, but divisions remain over the how to mobilise increasing levels of climate funding

clock 06 November 2023 • 8 min read
'An inflexion point': Paris Summit sketches out roadmap for ambitious climate finance reform

Policy

'An inflexion point': Paris Summit sketches out roadmap for ambitious climate finance reform

Meeting delivers encouraging progress, but campaigners warn urgent action now needed to deliver 'taboo-busting' reforms to international financial architecture

clock 23 June 2023 • 7 min read
Global Briefing: World Bank warns governments wasting $1.25tr on environmentally-harmful subsidies

Climate change

Global Briefing: World Bank warns governments wasting $1.25tr on environmentally-harmful subsidies

Plus Germany unveils clean heat reforms, coal transition finance developments, and all the top green business news from around the world this week

clock 16 June 2023 • 9 min read
Boston Metal: Meet the firm seeking to revolutionise green steelmaking

Technology

Boston Metal: Meet the firm seeking to revolutionise green steelmaking

Steelmaking was long regarded as hard to decarbonise - but a US firm claims to have developed a novel process that requires only electricity

clock 13 June 2023 • 13 min read
'Harder to reach than it was': World on track to miss universal clean and affordable energy target

Energy

'Harder to reach than it was': World on track to miss universal clean and affordable energy target

Current trends suggest billions of people will still be reliant on harmful cooking fuel, and hundreds of millions without electricity by 2030, SDG report warns

clock 06 June 2023 • 4 min read
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