WASHINGTON, D.C., July 7, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a 5-year British pound sterling (GBP) benchmark maturing in October 2030. The Sustainable Development Bond raised GBP 1.5 billion from investors globally to support the financing of the World Bank’s sustainable development activities in member countries.
Continue readingTag Archives: Funding
World Bank Group Exceeds 2020 Climate Finance Target for 3rd Consecutive Year – $21.4 Billion in Funding for Climate Action
STORY HIGHLIGHTS
|
Why we need a Blue Recovery
COVID-19 has brought untold suffering to communities worldwide, compounded by what
World Bank estimates suggest will be the worst recession since World War II. Such a cataclysmic event requires a bold response, both in the immediate term by providing medical care and the safety nets needed to prevent people from falling into poverty but also in the longer term. As we work with countries to build back their economies and strengthen their communities, it cannot be business as usual and sustainability needs to be fully built into the recovery. But – ranging from the warming effects of climate change to pollution caused by coastal run-off and marine litter, overfishing and coral reef and biodiversity loss.
related investments, surpassing its climate-finance target for the third year in a row.
You must be logged in to post a comment.