Tags : world bank group

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World Bank Group Climate Finance Rises to Record High Levels

The World Bank Group financed a record-high $20.5 billion in finance for country-level climate action in fiscal year 2018. All told, 32.1 percent of the global development bank group's financing had what's termed climate co-benefits. That exceeds a target of 28 percent by 2020.Read More

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IFC Raises $152 Million in Tropical Forest Bonds Debut

Developed by IFC in collaboration with BHP Billiton and Conservation International, some of the world's largest Institutional investors, including TIAA-CREF and QBE, bought the first Forest Bonds issue, which gives them the option of receiving coupon payments in the form of cash or carbon credits from a UN REDD program in Kenya.Read More

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World Bank Group Climate Action Plan: Helping Set the Path

Arguably one of the most important things to come out of the COP21 climate talks in Paris last December, aside from the Paris Agreement itself, is the signal sent solidifying the growing shift in the global consciousness. We seek a transformative path forward into the new century. But any desired transformational change requires both the vision for a […]Read More

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Lofty Agricultural Ambitions Fall in Face of Political-Economic Realities

Broad-based international ambitions aimed at reorienting the globalized system of agricultural development are falling in the face of dominance of multinational enterprises. Nonetheless, taking a bottom-up, "grass roots" approach that supports small farms and farmers would be the best means of fostering positive, broad-based agricultural development and gains, as well as enhancing overall socioeconomic and ecological sustainability, according to the German League for Nature, Animal Protection and Environment.Read More