The Full Mutual Reliance Framework (FMRF) is a landmark collaboration between the World Bank and the Asian Development Bank, designed to deepen the two institutions’ collaboration on cofinanced public ...

June 25 (UPI) --The World Bank on Wednesday announced a $1.3 billion investment in projects in Iraq, Lebanon and Syria. The costliest of the three projects will happen in Iraq, as the World Bank's ...

MANILA, PHILIPPINES, December 4, 2025 — World Bank Group President Ajay Banga and Asian Development Bank (ADB) President Masato Kanda today announced the first two Pacific projects to be delivered ...

The project aims to strengthen flood- and storm-resilient transport connections, create jobs and economic opportunities for ...

The World Bank's approach to supporting rail logistics focuses on enhancing the efficiency, sustainability, and resilience of rail transport systems globally, with a particular emphasis on shifting ...

The World Bank has released the first-ever framework to address environmental and social harms caused by projects the bank financed through its private sector branches, including the International ...

As a growing number of countries look to strengthen their domestic energy production, meet baseload power generation needs, and manage low-carbon climate goals, they’re increasingly looking to nuclear ...

FundsChain, a blockchain-based platform, enables the World Bank to improve traceability, accountability, and streamline operations when tracking the use of funds. Key features include tamper-proof ...

The construction of a 1,303 km 225 Kilovolt (kV) transmission line connecting the electricity grids of Côte d’Ivoire, Guinea, Liberia, and Sierra Leone (CLSG) has facilitated cross-border electricity ...

WASHINGTON, June 11 (Reuters) - The World Bank's board has agreed to end a longstanding ban on funding nuclear energy projects in developing countries as part of a broader push to meet rising ...

WASHINGTON, April 16 (Reuters) - World Bank President Ajay Banga on Wednesday doubled down on his push to revamp the bank's energy strategy to end a ban on lending for nuclear power projects and ...

Senior figures at the World Bank have said it should consider changing its lending policy to include nuclear energy projects. (Image: World Bank) Ahead of the organisation's recent Spring meetings, ...