Premature deaths and health problems from air pollution cost China as much as $300 billion a year, an official report said Tuesday, calling for a new urbanisation model for the world's second-largest economy.
The World Bank approved Thursday $73.1 million in financing to the Democratic Republic of Congo to support development of the massive Inga 3 hydropower project in the energy-hungry country.
Jean Ensminger is studying a corruption network linked to aid money, using interviews and quantitative analytical methods to follow the money disbursed by a large World Bank project in Africa. Ensminger, Caltech's Edie and ...
In Africa, small women-owned business owners find it easier to obtain loans than their male counterparts. The reason for this distortion is that politicians and foreign aid organisations with their focus on bank loans for ...
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.