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World Bank

World Bank: Carbon pricing revenues near $100bn a year

Carbon Trading

World Bank: Carbon pricing revenues near $100bn a year

New report reveals how carbon taxes and emissions trading schemes are curbing emissions and generating valuable revenues for exchequers

clock 25 May 2023 • 2 min read
How just 157 multinationals are driving global industrial emissions - and how to stop them

Policy

How just 157 multinationals are driving global industrial emissions - and how to stop them

New analysis reveals that 'a handful of large corporates' are responsible for the bulk of industrial emissions - but is this a problem or an opportunity?

clock 24 May 2023 • 5 min read
'We stand ready': Global businesses urge G7 to phase out fossil fuelled power and vehicles by 2035

Politics

'We stand ready': Global businesses urge G7 to phase out fossil fuelled power and vehicles by 2035

We Mean Business and raft of corporate groups urge G7 leaders to end trillions of dollars of fossil fuel subsidies by 2025

clock 12 April 2023 • 6 min read
US nominates ex-Mastercard CEO Ajay Banga as World Bank president

Investment

US nominates ex-Mastercard CEO Ajay Banga as World Bank president

New World Bank President challenged to deliver on core objectives that are 'deeply intertwined with challenges like meeting ambitious goals for climate adaptation and emissions reduction'

clock 24 February 2023 • 3 min read
Global Briefing: India preps $2.2bn green hydrogen incentive package

Energy

Global Briefing: India preps $2.2bn green hydrogen incentive package

India boosts green hydrogen ambitions, World Bank eyes new climate focus, France curbs domestic flights, and all the top green business news from around the world this week

clock 06 January 2023 • 8 min read
New Climate Action Data Trust hailed as 'significant step in evolution of carbon markets'

Offsets

New Climate Action Data Trust hailed as 'significant step in evolution of carbon markets'

IETA, World Bank, and Singapore government announce launch of global open-source metadata system that aims to unify carbon credit registry data

clock 07 December 2022 • 3 min read
Alok Sharma to call for global financial system overhaul to meet climate goals

Politics

Alok Sharma to call for global financial system overhaul to meet climate goals

Sharma's final major speech as COP26 President expected to focus on ramping up climate finance for developing nations

clock 14 October 2022 • 4 min read
Alok Sharma to call on IMF and World Bank to ramp up climate finance

Politics

Alok Sharma to call on IMF and World Bank to ramp up climate finance

IMF and World Bank's annual meetings are a 'critical moment' to raise climate finance for vulnerable nations, COP26 President warns

clock 11 October 2022 • 3 min read
'Faulty thermometer': World Bank accused of overstating annual climate finance budget by $7bn

Investment

'Faulty thermometer': World Bank accused of overstating annual climate finance budget by $7bn

Oxfam warns there is a 'deficit of confidence' in critical climate finance negociations at the upcoming COP27 Climate Summit

clock 03 October 2022 • 3 min read

BusinessGreen

'Economic Case for Nature': World Bank warns global economy is facing $2.7tr hit from nature degradation

Major new report argues enhanced environmental protection would deliver a massive 'win-win' for the global economy

clock 02 July 2021 • 4 min read
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