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World Bank to help India investment

2013-10-10 06:03:35| BBC News | Business | UK Edition

The International Finance Corporation (IFC), the World Bank's investment arm, unveils plans to raise $1bn (630m) by selling Indian rupee-linked bonds.

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IMF, World Bank heads lend clout to climate change efforts

2013-10-08 16:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The world's finance ministers should focus on two elements to tackle climate change: setting the "right price" on carbon emissions and phasing out fossil fuel subsidies, International Monetary Fund chief Christine Lagarde said on Tuesday. At a panel on the opening day of their 2013 autumn meeting, Lagarde and World Bank Group President Jim Young Kim said climate change was a priority for their lending institutions, the first time the two had addressed the issue together in public. Lagarde said...

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World Bank cuts East Asia outlook

2013-10-07 12:34:53| BBC News | Business | UK Edition

The World Bank cuts its 2013 economic growth forecast for East Asia's developing countries, citing China's slowdown and the expected end to US stimulus measures.

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VIDEO: World Bank plan to end poverty

2013-10-07 12:20:08| BBC News | Business | UK Edition

Extreme poverty is being described as "the defining moral issue of our time," by the group president of the World Bank.

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World Bank 'gambling assets' by investing in private water firms

2013-10-07 08:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Civil society groups are pressuring the World Bank to disinvest from private water companies, saying that privatising ownership and management of this natural resource has failed to improve access to clean drinking water. The World Bank is subsidising private profiteering from an essential resource by lending public money to private corporations that manage or run water utilities but have failed to improve services, says Corporate Accountability International (CAI), a Boston-based advocacy group...

Tags: world private water bank

 

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