World Bank seeks more funds to address climate change, other crises, document shows

Summary by Ground News

The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises. The development lender will negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools. The World Bank Group (WBG) is not ready to abandon its longstanding top-tier credit rating to boost lending.

Published 3 months ago · Washington, United States

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Reuters

World Bank seeks more funds to address climate change, other crises, document shows

The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools, according to an "evolution roadmap" seen by Reuters on Monday.

3 months ago·United Kingdom

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The Star Kuala Lumpur

Exclusive-World Bank seeks more funds to address climate change, other crises -document

WASHINGTON (Reuters) - The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools, according to an "evolution roadmap" seen by Reuters on Monday. Read full story

3 months ago·Malaysia

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Financial Post

World Bank seeks more funds to address climate change, other crises -document

WASHINGTON -- The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools, according to an "evolution roadmap" seen by Reuters on Monday.

3 months ago·Canada

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Arab News

World Bank seeks more funds to address climate change, other crises: Reuters

Tue, 2023-01-03 10:25 WASHINGTON: The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools, according to an “evolution roadmap” seen by Reuters. The roadmap document — sent to shareholder governments — marks the start of a negotiation process to alter the bank’…

3 months ago·Riyadh, Saudi Arabia

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Al Arabiya

World Bank seeks more funds to address climate change, other crises: Report

The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders

3 months ago·Saudi Arabia

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Inquirer

World Bank seeks more funds to address climate change, other crises -document

WASHINGTON – The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools, according to an “evolution roadmap” seen by Reuters on Monday. The roadmap document – […] The post World Bank seeks more funds to address climate change, other crises -document appeared first …

3 months ago·Manila, Philippines

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