• France’s new development minister Eleonore Caroit says Paris will continue backing the World Bank’s 45% climate finance target despite U.S. opposition.• The Trump administration is pressing the lender to...
• 19 of 25 World Bank executive directors back continued climate financing despite US opposition.• Directors representing 120 nations call for alignment with the Paris Agreement and a 45% climate...
Vietnam has approved the transfer of one million tons of CO₂ emission reductions generated from plantation forests in the north-central region to the International Bank for Reconstruction and Development (IBRD),...
Tangible Climate Action in Chile Chile received its first $5.1 million payment under the Emission Reductions Payment Agreement (ERPA) with the Forest Carbon Partnership Facility (FCPF) for reducing 1.03 million...
The World Bank kicked off its 2025 funding program with an Australian dollar (AUD) 1.75 billion 5-year Sustainable Development Bond, maturing January 10, 2030. The bond, offering a 4.35% fixed...
At COP29 in Azerbaijan, a significant early pledge emerged as major development banks, including the World Bank, committed to raising climate finance to $120 billion annually by 2030. This figure...
Key Impact Points: Bond Pricing and Details On October 15, 2024, the World Bank priced a 10-year GBP-denominated benchmark bond, raising £700 million to support sustainable development activities in its...
The World Bank (IBRD, Aaa/AAA) successfully raised $6.5 billion through a dual-tranche Sustainable Development Bond issuance, marking its largest order book to date. The offering included a $3 billion 2-year...
The World Bank has priced its largest-ever outcome bond, a $225 million Amazon Reforestation-Linked Bond, designed to tie financial returns directly to the success of reforestation projects in the Amazon....