Biodiversity
Locals benefit from nature based tourism: WB Report
A new World Bank report shows that for every dollar governments invest in protected areas and support for nature-based tourism, the economic rate of […]
Tag: World Bank
Aid
Vaccine Deployment and Investment Key to Sustaining the Economic Recovery: World Bank
The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. A recovery, however, […]
Aid
Indian signs a second 400 million USD loan for COVID 19 with WB to assist poor households
The Government of India and the World Bank signed a $400 million project to support India’s efforts at providing social assistance to the poor […]
COVID-19
Boost for global response to COVID-19 as economies worldwide formally sign up to COVAX facility
By allowing participating economies to pool financial and scientific resources, the COVAX facility will help secure successful vaccines faster and more cost-effectively, and allow them to be distributed...
Aid
$ 200 Millions WB Loan for Bangladesh to help Water and Sanitation Access
The credit is from the World Bank’s International Development Association (IDA), which provides concessional financing, has a 30-year term, including a five-year grace period. Bangladesh […]
Aid
Ebola Escalated Response: WB commits US$80 Million to DR Congo
The World Bank Group and the Pandemic Emergency Financing Facility (PEF) have approved a total of up to US$80 million in grants to support over half […]
Aid
World Bank and Bangladesh sign agreement for more and better Jobs
The credit is from the World Bank’s International Development Association(IDA), and has a 30-year term, including a five-year grace period. It carries a service charge of 0.75 percent...
Aid
World Bank President Kim to Step Down before term completion
During his term, Kim emphasized that one of the greatest needs in the developing world is infrastructure finance, and he pushed the Bank Group to maximize finance for...
Aid
World Bank Group Announces $200 billion over Five Years for Climate Action
By ramping up direct adaptation finance to reach around $50 billion over FY 21-25, the World Bank will, for the first time, give this equal emphasis alongside investments...
Aid
World Bank, Asian Development Bank, still pouring billions into fossil fuels in climate-vulnerable
World Bank, the Asian Development Bank, and the Asian Infrastructure Investment Bank are investing almost $5 billion in fossil fuels in 10 Asian countries. […]
Data & Reports
Are we ready for the next Pompeii-learning from past disasters
The great disasters of the past – like the eruption of Vesuvius in 79 AD or the hurricane that devastated Santo Domingo in 1930 […]
Aid
Myanmar: A mixed bag of poverty reduction and human rights violations
While on one hand Myanmar government is violating the human rights of Rohingyas, on the other hand, a recent WB assessment states that poverty […]
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