The World Bank Board of Directors approved a US$150 million loan to promote investment in green hydrogen projects in Chile, accelerating the country’s green growth, energy transition and supporting its...
The International Finance Corporation (IFC), a member of the World Bank Group, announced the signing of a green and sustainability-linked loan to ENGIE Energía Chile. This financing, for a total...
Finance Secretary Benjamin E. Diokno and World Bank Country Director for the Philippines Ndiamé Diop signed four (4) loan agreements amounting to US$1.14 billion on June 26, 2023 at the...
The World Bank has approved US$250 million in financing to improve the efficiency of water services in Jordan through the rehabilitation of water distribution networks, improving energy efficiency and strengthening...
The World Bank has priced a New Zealand dollar 950 million 3-year 5.00% fixed-rate bond due June 22, 2026. The benchmark bond was launched with an initial minimum target size...
A new project approved by the Board of the World Bank will help increase the use of renewable energy in public facilities in Türkiye. The $549 million Public and Municipal Renewable...
The World Bank approved a $100 million credit to strengthen Zambia’s nature-based economy and increase economic opportunities in emerging tourism destinations in the country such as Liuwa Plains National Park,...
The government of Bangladesh and the World Bank signed two financing agreements totaling $858 million to enhance climate-resilient agricultural growth, food security, and improve road safety. The $500 million Program on...
The World Bank Board approved $450 million in financing for the Türkiye Green Industry Project, to support an efficient green transformation for industrial firms in Türkiye. The operation will direct $250...
To help address air pollution challenges and mitigate its health and economic consequences in the Federation of Bosnia and Herzegovina (FBiH), the World Bank approved a EUR46.10 million loan (US$50...
The World Bank approved a US$400 million loan to support the Dominican Republic Government’s measures to broaden transparency, accountability, and efficiency in the energy sector, increase access to reliable and...
IFC and Iberdrola launched a new joint effort to promote the transition to clean and more efficient energy in several emerging markets, which includes a new IFC green and sustainability-linked...
Direct carbon pricing instruments, key policy to decarbonization, now cover almost a quarter of global greenhouse gas emissions, according to a new World Bank report Revenues from carbon taxes and...
Brazil can become a global clean energy power and save the Amazon Brazil is in a strong position to give its people a better life while also successfully confronting the...
The World Bank’s Board of Executive Directors approved a US$345 million loan that supports China’s global public goods agenda by promoting the greening of agriculture and rural development in Hubei...
The World Bank’s Board of Executive Directors approved a $150 million Development Policy Loan (DPL) for Panama, which will contribute to fostering low emission and sustainable growth while supporting enhanced...
Study emphasizes the need for adaptation effort and mitigation of unintended consequences as critical factors in achieving the European Green Deal goals As the world continues to grapple with climate...
Two new recently approved World Bank financed projects will help scale-up support to climate responsive public and private investments to promote job creation and business opportunities for women and help...