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Climate Finance

World Bank climate protest Climate activists claim the World Bank s practices constribute to the climate emergency at the Lincoln Memorial. The banner is the first of a number of expected climate protests at the Worl Bank and IMF annual meetings next week. Washington DC United States PUBLICATIONxNOTxINxFRA Copyright: xAllisonxBaileyx originalFilename: bailey-worldban221006_npo9Z.jpg

Cautious World Bank reform: more capital and climate action

The pressure on the World Bank is high: Its designated new head Ajay Banga is supposed to better link poverty reduction with sustainability and structural reforms. The Bank's decision-making body has now discussed the proposals. A compromise is expected by fall.

By Bernhard Pötter

South side headquarters for the World Bank in Washington, DC, USA. Very modern building, it is the site of frequent anti-globalization protests.

World Bank: The official goal is 'Paris-compatible'

The World Bank announces big green plans: Ending fossil fuel financing, new reporting methods for the transition, more money for the climate and "Paris compliance" for its own business. But critics find transparency lacking and question the departure from fossil energy.

By Alexandra Endres