Report says 47 percent of physical damage from pair of earthquakes impacted residential buildings.

By Andrea Shalal WASHINGTON, July 23 (Reuters) - Two earthquakes that rocked Venezuela on June 24 caused $19.6 billion in ...

Morocco is courting the Export-Import Bank of the United States and the World Bank to help finance a proposed $26 billion gas pipeline along the coast of Africa, Rabat’s top diplomat in the US said.

The World Bank on Thursday confirmed that it plans to phase out its lending to China by 2031, according to the organisation’s ...

One year ago, world leaders, representatives from the public and private sectors, and civil society gathered in Marrakech for the World Bank Group and IMF Annual Meetings. Discussions centered on ...

World Bank & Afghanistan Resilience Trust Fund (ARTF) Support for the People of Afghanistan Since August 2021, the World Bank has provided more than $1.7 billion in support to the Afghan people – ...

The World Bank decided to remove quantitative targets for incorporating climate objectives into its financing, months after criticism from the US — its biggest shareholder — that it should get back to ...

Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation by ...

By Marc Jones and Simon Jessop LONDON, July 13 (Reuters) - Multilateral development banks committed a record $162.5 billion ...

By David Lawder WASHINGTON, June 29 (Reuters) - The World Bank Group said on Monday it will "retire" its previous goal to devote 45% of its annual lending resources to projects with climate ...

A group of allied countries want to use the same kind of government-backed financing that helped rebuild Eastern Europe after communism to now tackle the price tag of facing down Russia and China.

The World Bank on Thursday confirmed that it plans to phase out its lending to China by 2031, according to the organization's new country partnership framework (CPF) for the world's second-largest ...