The heads of the World Bank and International Monetary Fund on Tuesday said they would work with the incoming U.S.

The world's top multilateral banks pledged to ramp up climate finance to low and middle income countries to $120 billion a ...

BAKU, Nov 11 (Reuters) - The Asian Development Bank will increase its climate-related lending by up to $7.2 billion after the ...

Credit - Photo-Illustration by TIME (Source Image: Allison Shelley—The Washington Post/Getty Images) ...

BAKU - The world's top multilateral banks pledged on Tuesday to ramp up climate finance to low and middle income countries to ...

As climate change leads to a seemingly endless stream of weather disasters around the world, countries are struggling to ...

Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.

The World Bank's roadmap for carbon markets outlines a strategy to enhance governance, security, and data interoperability, creating a reliable infrastructure to mobilize climate finance and support ...

The new capital market mechanism is designed to raise money to help build clean energy projects in developing countries.

As 198 nations convene in Baku, Azerbaijan, for the 29th United Nations climate summit, one word will almost certainly ...

MDBs have argued their capacity to scale climate finance further is dependent on their country shareholders paying more in.