World Bank offers developing countries debt pauses if hit by climate crisis

Poor countries will be able to pause their debt repayments if hit by climate disaster, under plans announced by the World Bank at the finance summit in Paris.

Klimafinanzierung globale Gerechtigkeit Weltbank

World Bank set to take on risk of insuring carbon credits amid market upheaval

The World Bank’s insurance arm is working on plans to protect carbon offsetting projects against political risks in developing countries as a growing number of governments seek to impose new rules onto the market.

CO2-«Kompensation» Weltbank

Ajay Banga Era Begins at the World Bank

Ajay Banga officially became the 14th president of the World Bank on Friday and urged staff to join him in developing a “new playbook” for a global institution whose relevance has come into question in recent years. The ascension of Mr.

Finanzmarkt Weltbank

Ajay Banga Confirmed as World Bank Leader

Ajay Banga, President Biden’s pick to be president of the World Bank and broaden its ambitions to combat climate change, was approved by its executive board on Wednesday. Mr. Banga will assume the job on June 2 and succeed David Malpass, who was nominated by former President Donald J.

Weltbank

Developing countries call for new government funds for World Bank

A broad group of low and middle-income countries has called for governments to give more money to the World Bank, in an effort to ramp up climate finance.

Klimafinanzierung Weltbank

World Bank steering committee and US urge for reforms on climate lending

The World Bank’s steering committee and U.S. Treasury Secretary Janet Yellen on Wednesday called for further reforms this year to expand the bank’s ability to respond to climate change, pandemics and other crises that are reversing development gains.

Klimafinanzierung Finanzmarkt Weltbank

Saudi Arabia, Russia push for more World Bank money into carbon capture

Saudi Arabia and Russia have called on the World Bank to ramp up its financial support for carbon capture and storage.

Anti-Klima-Lobby CCS Finanzmarkt foss. Energie Russland Weltbank

“First step”: Reformers react to World Bank plan to free up climate spending

The World Bank’s plan to loosen its spending rules and lend more money to climate projects in developing countries does not go far enough, according to officials and campaigners.

Finanzmarkt Weltbank

U.S. Nominates Ajay Banga to Lead World Bank

BENGALURU, India — The Biden administration nominated Ajay Banga, the former longtime chief executive of Mastercard, to be the next president of the World Bank, a selection that is likely to drastically reshape the global development institution and broaden its ambitions to combat climate change.

Finanzmarkt Weltbank

World Bank adaptation funds slept through Pakistan’s record flooding

When it was announced, the World Bank’s Solid Waste Emergency and Efficiency Project (Sweep) was touted as one of the lifelines that would help Pakistan’s biggest city, Karachi, with its urban flooding nightmare. But that hasn’t happened.

Anpassung Klimafinanzierung Überschwemmungen globale Gerechtigkeit Weltbank

** RECOMMENDED READING ** Thirteen critical questions for international climate action in 2023

Last year was shaped by events that barely anyone predicted – Russia’s invasion of Ukraine, horrendous floods in Pakistan and a hard-fought breakthrough on finance for victims of climate disaster.

Brasilien China COP28 Abholzung Energiecharta-Vertrag foss. Energie Greenwashing Methan Uno Weltbank

World Bank moots stronger strategic focus on climate action

The World Bank is considering making climate action more central to its mission, according to a draft “evolution roadmap” drawn up by bank staff.

Klimafinanzierung Finanzmarkt Weltbank

Bekommt das Klima Sonderziehungsrechte?

Früher war eine Million noch viel Geld. Dann wurde begonnen, mit Milliarden zu rechnen.

Klimafinanzierung Finanzmarkt Weltbank

"Unser Ziel ist es, die Menschen zu schockieren"

Klimareporter°: Herr Persaud, Sie wollen Tausende Milliarden in den Klimaschutz investieren. Ist das nicht etwas zu ehrgeizig? Avinash Persaud: Unser Ziel ist es, die Menschen zu schockieren, damit sie den richtigen Maßstab finden. Wir sind nicht auf einen bestimmten Plan festgelegt.

Klimafinanzierung Finanzmarkt Weltbank

** RECOMMENDED HEARING ** Who Pays the Bill for Climate Change?

Last month at COP27, the U.N. climate change conference, a yearslong campaign ended in an agreement.

Klimafinanzierung COP27 globale Gerechtigkeit Uno Finanzmarkt Weltbank

* COP27 – FINANCIAL MARKETS * Credibility Questions Dog World Bank President at Climate Summit

David Malpass has faced continuing criticism from those who question his commitment to climate action as well as the bank’s track record. Gelles is with a team of New York Times reporters in Egypt covering the United Nations climate summit.

COP27 Finanzmarkt Uno Weltbank

US, Germany back ‘fundamental reform’ of World Bank to scale climate finance

A group of 10 major economies are building momentum to scale-up climate finance for developing countries by reforming how development banks spend money, starting with the largest: the World Bank.

Weltbank Klimafinanzierung

World Bank criticised over climate crisis spending

The World Bank has come under fire for failing to show that its claimed spending on the climate crisis is real, in a report suggesting up to 40% of its reported climate-related spending is impossible to account for. Of $17.

Finanzmarkt Greenwashing Weltbank

Climate activists want Biden to fire the head of the World Bank. Here's why

Climate activists are calling on President Biden to take steps to fire David Malpass, the head of the World Bank, after he publicly waffled on whether he believes that greenhouse gas emissions from human activity are causing climate change, saying "I'm not a scientist.

Klimaleugnung Weltbank

World Bank ‘has given nearly $15bn to fossil fuel projects since Paris deal’

The World Bank has provided nearly $15bn of finance directly to fossil fuel projects since the Paris agreement was signed in 2015, and is likely to have spurred far greater investment indirectly, new research has found.

Anti-Klima-Lobby Finanzmarkt Weltbank

Weltbankpräsident wegen Klima-Äusserungen unter Druck

Weltbankpräsident David Malpass steht wegen Äusserungen zur Klimapolitik unter Druck. «Wir sind mit den Äusserungen von Präsident Malpass nicht einverstanden», sagte die Sprecherin des Weissen Hauses, Karine Jean-Pierre, am Freitag in Washington.

Klimaleugnung Weltbank