African Development Bank’s Climate Action Window channels $31m to boost climate resilience in four countries

Press Release – 10-Feb-2025 The Board of Directors of the African Development Bank Group has approved over $31 million in funding under its African Climate Action Window (CAW) to strengthen climate resilience in Sierra Leone, South Sudan, Djibouti, and Madagascar. The Climate Action Window of the Bank Group’s African Development Fund seeks to mobilize $4 billion by 2025 to provide rapid and coherent access to … Continue reading African Development Bank’s Climate Action Window channels $31m to boost climate resilience in four countries

Impact Newswire17/02/202517/02/2025

United States

Global Economy Stabilizes, But Developing Economies Face Tougher Slog

Long-Term Growth Outlook is Weakest Since Start of the Century WASHINGTON, Jan. 16, 2025—Developing economies—which fuel 60 percent of global growth—are projected to finish the first quarter of the 21st century with the weakest long-term growth outlook since 2000, according to the World Bank’s latest Global Economic Prospects report. Even as the global economy stabilizes in the next two years, developing economies are expected to make … Continue reading Global Economy Stabilizes, But Developing Economies Face Tougher Slog

Impact Newswire20/01/202520/01/2025

United States

International Monetary Fund and World Bank Group Announce Tanzania as the Second Country Benefitting from the Enhanced Cooperation Framework for Scaled-Up Climate Action

October 10, 2024 Washington, DC: The World Bank Group (WBG) and the International Monetary Fund (IMF) are pleased to announce that Tanzania is the second country benefiting from the Enhanced Cooperation Framework for Climate Action (the Framework). This follows the approval of an arrangement under the Resilience and Sustainability Facility (RSF) in June 2024 by the IMF Executive Board, and the WBG’s active engagement on climate action in the country. … Continue reading International Monetary Fund and World Bank Group Announce Tanzania as the Second Country Benefitting from the Enhanced Cooperation Framework for Scaled-Up Climate Action

Impact Newswire11/10/202411/10/2024

United States

The World Bank and Qatar Partner to Drive Impact for Global Education

WASHINGTON, September 13, 2024 — The World Bank, Qatar, and the global foundation Education Above All have announced a partnership focused on expanding quality access to education worldwide. Successive global challenges in recent years have led to an increase in out-of-school children and youth and a massive global learning deficit. Countries are urgently seeking solutions and the needed finance to reverse current education trends. The agreements … Continue reading The World Bank and Qatar Partner to Drive Impact for Global Education

Impact Newswire19/09/202419/09/2024

Asia, United States

DFC Announces $70 Million in New Investments in India to Advance Shared Priorities in Health Systems, Affordable Housing, and Small Business Support

NEW DELHI, INDIA – The U.S. International Development Finance Corporation today announced several new investments in India’s private sector designed to advance top priorities of the U.S. and Indian Governments, including advancing health systems––particularly vaccines––expanding access to affordable housing, and broadening support for small businesses. “Our partnership with India is both local and global,” said DFC Deputy CEO Nisha Biswal said during a visit to India. “DFC is … Continue reading DFC Announces $70 Million in New Investments in India to Advance Shared Priorities in Health Systems, Affordable Housing, and Small Business Support

Impact Newswire18/09/202418/09/2024