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World Bank Unveils Game-Changing Toolkit

World Bank's innovative toolkit transforms crisis management, providing swift aid and resilience to developing nations.

Developed Countries Closer to Climate Finance, But Challenges Persist

According to the OECD’s latest assessment, climate finance provided and mobilized by developed countries for climate action in developing countries reached USD 89.6 billion in 2021. While this reflects a positive trend with an 8% increase over 2020, it falls just over USD 10 billion short of the annual goal of USD 100 billion set under the UN Framework Convention on Climate Change.

Developing Countries Buckling Under High Debt

Developing countries are buckling under high debt and exorbitant borrowing costs, hindering their economic and social progress and impeding their ability to achieve the Sustainable Development Goals (SDGs).

Developing Countries Need Key Investments, Policy Reforms for Emission Reduction

Investment to the tune of 1.4% of GDP annually could reduce emissions in developing countries by as much as 70 per cent...