The World Bank and United Nations on Wednesday appealed for billions of dollars to provide electricity for the poorest nations but said there would be no investment in nuclear power.
The bill from natural and weather disasters is nearly $200 billion (150 billion euros) a year, four times higher than in the 1980s, the World Bank said on Monday.
The United States said Tuesday it would end most financing of coal projects overseas, taking a potentially significant step to curbing carbon emissions blamed for climate change.
The classic proverb says: If you give a man a fish, he will eat for a day. Teach him how to fish, and he will have food for a lifetime. Christopher Blattman's research suggests that if you just give the man cash, he will ...
Pollution and other environmental degradation costs India $80 billion a year, nearly six percent of gross domestic product, the World Bank said in a report released on Wednesday.
The World Bank on Wednesday warned that severe hardships from global warming could be felt within a generation, with a new study detailing devastating impacts in Africa and Asia.
The World Bank launched a fund in Reykjavik on Wednesday to come up with $500 million for developing geothermal energy in developing countries.
The president of the World Bank on Saturday warned the finance chiefs of the world's leading economic powers that global warming is a real risk to the planet and already affecting the world economy in unprecedented ways.
(AP)—The Middle East and North Africa will be especially hard hit by climate change in the coming decades, the World Bank said in a report Wednesday, saying the region will see less rainfall, more recording-breaking temperatures ...
The World Bank warned that global temperatures could rise by four degrees this century without immediate action, with potentially devastating consequences for coastal cities and the poor.