Articles for Multilateral Development Banks

Multilateral financial cooperation urged to drive growth
1 month ago

Multilateral financial cooperation urged to drive growth

China Daily  

By Shi Jing in Shanghai | China Daily | Updated: 2024-11-20 07:50 Multilateral financial cooperation is of greater importance now to address pressing challenges, such as climate change, and to drive growth amid the various complexities and uncertainties facing the global economy, said officials and industry experts. During the second G20 Finance Ministers and Central Bank Governors Meeting held in …

Global Climate Change China Development Financial Bank Cooperation
Multilateral financial cooperation urged to drive growth
Trending News
1 month ago

Multilateral financial cooperation urged to drive growth

China Daily  

Multilateral financial cooperation is of greater importance now to address pressing challenges, such as climate change, and to drive growth amid the various complexities and uncertainties facing the global economy, said officials and industry experts. During the second G20 Finance Ministers and Central Bank Governors Meeting held in April, ministers and governors supported reinforcing the financing capacity of multilateral development …

Global Climate Change China Financial Cooperation Meeting Ndb
Multiplier effect
5 months, 2 weeks ago

Multiplier effect

China Daily  

MA XUEJING/CHINA DAILY China and African countries have a long-standing relationship based on mutual respect and equality. Multilateral development banks, such as the World Bank, African Development Bank, and others, have long been central to Africa's development. Multilateral banks, China and African countries must work together to identify shared development goals and align their strategies and investments accordingly. To better …

Africa Sustainable Countries African Bri Ethiopia Financing
Multiplier effect
5 months, 2 weeks ago

Multiplier effect

China Daily  

MA XUEJING/CHINA DAILY China and African countries have a long-standing relationship based on mutual respect and equality. Multilateral development banks, such as the World Bank, African Development Bank, and others, have long been central to Africa's development. Multilateral banks, China and African countries must work together to identify shared development goals and align their strategies and investments accordingly. To better …

Partnerships Africa Development Sustainable Countries African Bri
US President Joe Biden to commend PM Modi for G20 leadership on Delhi visit
1 year, 3 months ago

US President Joe Biden to commend PM Modi for G20 leadership on Delhi visit

Hindustan Times  

US President Joe Biden will travel to India on Thursday for the G20 Summit scheduled to be held in New Delhi from September 9-10. During his visit to India, Biden will participate in the G20 Summit, where he and G20 partners will discuss a range of joint efforts to tackle global issues, including the clean energy transition and combatting climate …

Global India Climate Change Economic Cooperation Delhi Ukraine Russia
India likely to propose expert G20 group for World Bank reforms: Report
1 year, 10 months ago

India likely to propose expert G20 group for World Bank reforms: Report

Live Mint  

India is likely to propose forming an expert G20 group to look into reforms at the World Bank and to increase the lending capacity of the institution for climate financing in middle and low income countries, three sources told Reuters. The development comes as World Bank President David Malpass held a discussion with Finance Minister Nirmala Sitharaman on Wednesday on …

World Bank World Bank G20 Report India Multilateral Development Banks
UN climate summit outcomes may cause larger conflicts at COP28 in UAE next year
2 years, 1 month ago

UN climate summit outcomes may cause larger conflicts at COP28 in UAE next year

Hindustan Times  

The recently-concluded UN Climate Conference in Egypt will go down in history for the decision to set up a Loss and Damage Fund, something that environmental activists and vulnerable communities had been demanding for over 30 years. The most debated issues at COP27 were the 1.5 degree C goal; phasing down/phasing out of fossil fuels; the operationalisation of the Loss …

Global India Climate Change Global Warming Climate Damage Developing Countries
Global South needs $2 trillion a year to fight climate crisis
2 years, 1 month ago

Global South needs $2 trillion a year to fight climate crisis

Al Jazeera  

A trillion dollars of that should come from rich countries, investors and multilateral development banks, UN-backed report says. “The world needs a breakthrough and a new roadmap on climate finance that can mobilise the $1 trillion in external finance that will be needed by 2030 for emerging markets and developing countries other than China,” the report said. The report is …

China World Climate Developing Countries Report Trillion Emerging