World Bank

Scale of challenge to feed growing population while cutting emissions is greater than previously thought, finds WRI report

Pledge represents a doubling of its current five-year investment plans for low-carbon projects

OECD, World Bank Group, and UN Environment sound clarion call for 'transformative' shift in investment towards low carbon, climate resilient infrastructure

The World Bank's International Development Association issued its first bond in April 2018 - and investors jumped at the chance to support its poverty-fighting programme

The Kosova e Re lignite plant could not compete with renewables on price, said bank president Jim Yong Kim

Climate finance boost for developing nations also sees BlackRock partner with France, Germany, and philanthropic foundations to scale up renewables

First in a new series of Sustainable Development Goal bonds issued by the World Bank will aim to fund projects that promote clean water and healthy oceans

Backed by Usain Bolt and Sir Richard Branson, the partnership promises a raft of projects to boost climate resilience and smart technologies across the region

Development of major new markets in China and reforms in Europe have provided a crucial boost as countries look at tools to cut carbon and meet their Paris climate targets

Jason Kirk from Elon University welcomes the World Bank's fossil fuel pledge, but points out its caveats