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Institution: World Bank

World Bank announces ‚¬1.5 billion sustainable development bond
May 20, 2019November 17, 2020

World Bank announces ‚¬1.5 billion sustainable development bond

The World Bank has announced a 10-year Global Sustainable Development bond on May 16. The investment goal of ‚¬1.5 billion was significantly oversubscribed, reaching ‚¬2 billion from 69 investors.

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World Bank commits $22.5 billion more to Africa for climate change
March 26, 2019November 17, 2020

World Bank commits $22.5 billion more to Africa for climate change

World Bank Group is providing USD$22.5 billion to Africa for climate mitigation and adaptation across five years beginning with 2021, adding to the $17 billion already committed through the Africa Climate Business Plan.

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Multilateral Development Banks commit to align activities with Paris Agreement
December 7, 2018November 17, 2020

Multilateral Development Banks commit to align activities with Paris Agreement

The MDBs’ commitment goes beyond specific MDBs’ 2020 and 2030 climate finance targets, and builds on their ongoing contribution to climate finance, which amounted to US$35 billion in developing and emerging economies in 2017.

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World Bank doubles funding for climate action to $200 billion for 2021-2025
December 3, 2018November 17, 2020

World Bank doubles funding for climate action to $200 billion for 2021-2025

The World Bank said the move represented a €œsignificantly ramped up ambition€ to tackle climate change, €œsending an important signal to the wider global community to do the same.€

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World Bank offers $1 billion for batteries in emerging markets
September 27, 2018November 17, 2020

World Bank offers $1 billion for batteries in emerging markets

The World Bank committed $1 billion to finance battery-storage systems in developing countries, and expects its participation to attract another $4 billion in backing.

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World Bank to launch first sustainable water bond
September 5, 2018November 17, 2020

World Bank to launch first sustainable water bond

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.

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World Bank sets $20b record for climate financing
July 30, 2018November 17, 2020

World Bank sets $20b record for climate financing

The international financial institution is spending more money than ever on combatting climate change.

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Global carbon market increases by 56% in one year, says World Bank
May 23, 2018November 17, 2020

Global carbon market increases by 56% in one year, says World Bank

The report, launched today, finds that there are currently 51 carbon pricing initiatives around the world, consisting of 25 emissions trading schemes and 26 carbon taxes.

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Good News!

  • Amazon launches $2 billion fund to make 20,000 affordable homes for working families

    Amazon launches $2 billion fund to make 20,000 affordable homes for working families

    January 20, 2021
  • World-first biomarker test can predict depression and bipolar disorder

    World-first biomarker test can predict depression and bipolar disorder

    January 20, 2021
  • Vegan restaurant is awarded Michelin Star for first time

    Vegan restaurant is awarded Michelin Star for first time

    January 20, 2021
  • Aleph Farms and Mitsubishi team up to bring cultured meat to Japan

    Aleph Farms and Mitsubishi team up to bring cultured meat to Japan

    January 19, 2021
  • Colorado approves $110 million transportation electrification plan

    Colorado approves $110 million transportation electrification plan

    January 19, 2021
  • Germany used more renewables than fossil fuels in 2020 for the first time ever

    Germany used more renewables than fossil fuels in 2020 for the first time ever

    January 19, 2021
  • Yelp will now tell you if a business is following covid-19 protocols

    Yelp will now tell you if a business is following covid-19 protocols

    January 18, 2021
  • 4 major Asian nations cancel 80% of planned coal power projects

    4 major Asian nations cancel 80% of planned coal power projects

    January 18, 2021
  • Robert Saleh to become NFL’s first Muslim head coach

    Robert Saleh to become NFL’s first Muslim head coach

    January 18, 2021
  • New initiative is paying farmers to combat Amazon feforestation

    New initiative is paying farmers to combat Amazon feforestation

    January 15, 2021
  • Ivory Coast designates first-ever marine sanctuary

    Ivory Coast designates first-ever marine sanctuary

    January 15, 2021
  • Somerville, Massachusetts decriminalizes naturally occurring psychedelics

    Somerville, Massachusetts decriminalizes naturally occurring psychedelics

    January 15, 2021
  • Experimental Alzheimer’s drug delivers promising Phase 2 trial results

    Experimental Alzheimer’s drug delivers promising Phase 2 trial results

    January 14, 2021
  • The United States’ first trans state senator is sworn in to office

    The United States’ first trans state senator is sworn in to office

    January 14, 2021
  • Africa’s Great Green Wall effort gets $14 billion cash injection

    Africa’s Great Green Wall effort gets $14 billion cash injection

    January 14, 2021
  • AI-powered recycling robots now deployed in three continents and 20 states

    AI-powered recycling robots now deployed in three continents and 20 states

    January 13, 2021
  • 50 countries pledge to conserve 30% of land and water

    50 countries pledge to conserve 30% of land and water

    January 13, 2021
  • Saudi Arabia is building a zero-carbon city in a 100-mile straight line

    Saudi Arabia is building a zero-carbon city in a 100-mile straight line

    January 13, 2021
  • Nevada retroactively recognizes same-sex marriages

    Nevada retroactively recognizes same-sex marriages

    January 12, 2021
  • Record number of people sign up for Veganuary challenge

    Record number of people sign up for Veganuary challenge

    January 12, 2021

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