Search For "multilateral development bank"
New Development Bank must support SMEs and women-led enterprises: Nirmala
Updated : 10 months, 4 weeks ago IST
Speaking at the 10th Annual Meeting of Board Governors of the New Development Bank, Finance Minister Nirmala Sitharaman on Friday suggested that the multilateral development bank should play a catalytic role in unlocking private sector capital.
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World Bank approves USD 200 million project for Kerala's agri sector
Updated : 1 year, 6 months ago IST
The loan from the International Bank of Reconstruction and Development (IBRD), the multilateral development bank World Bank's lending arm, has a final maturity of 23.5 years, including a grace period of 6 years.
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Nirmala Sitharaman seeks enhanced support from international financial ins
Updated : 1 year, 7 months ago IST
"FM @nsitharaman especially focused on enhanced support from international financial institutions, especially through increased lending capacity of Multilateral Development Banks (MDBs) as vital to achieving Sustainable Development Goals." the ministry said in the post.
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Nirmala Sitharaman highlights Global South's contributions to foundations
Updated : 1 year, 7 months ago IST
Sitharaman urged the World Bank to promote a two-way exchange of innovations, drawing from the transformative experiences of the Global South in areas like digital inclusion and sustainable energy.
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FM Nirmala Sitharaman highlights multilateral development bank reforms at
Updated : 1 year, 7 months ago IST
The Ministry of Finance posted on X, "Union Minister for Finance and Corporate Affairs Smt. @nsitharaman today participated in the Fourth G20 Finance Ministers and Central Bank Governors #G20FMCBG Meeting #AnnualMeetings2024, in Washington DC, today. During her intervention, FM Smt. @nsit
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FM Sitharaman meets G20 expert group member Prof Stern on strengthening mu
Updated : 1 year, 7 months ago IST
Union Finance and Corporate Affairs Minister Nirmala Sitharaman, in a key meeting in New Delhi held discussion with Prof. Nick Stern, a member of the G20 Independent Expert Group on strengthening Multilateral Development Banks (MDBs).
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India at G20 Sherpa meeting expresses support for Brazilian presidency's p
Updated : 2 years, 1 month ago IST
He expressed India's support for the Brazilian presidency's priority of reducing inequalities and emphasised on LiFE, women-led development, digital health, creative economy, mobility of talent and multilateral development bank (MDB) reforms.
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COP28: Multilateral development banks publish first common principles for
Updated : 2 years, 5 months ago IST
The common principles aim to increase nature-positive finance by mainstreaming nature in MDB operations and investments in a systematic manner.
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Multilateral Development Banks unlock over $180 billion worth of climate f
Updated : 2 years, 5 months ago IST
Multilateral Development Banks (MDBs) joined together at the COP28 climate summit in Dubai to commit to ambitious climate action and unlock over US$180 billion in climate finance.
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MDBs unite for urgent climate action: Unprecedented commitments at COP28 t
Updated : 2 years, 5 months ago IST
The MDB statement said, "The window of opportunity to secure a liveable and sustainable future for all is rapidly closing. Recognizing the interlinkages between the triple planetary crises of climate, nature, and pollution, achieving the Sustainable Development Goals, the goals of the Paris
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COP28 President calls on Multilateral Development Banks to work faster to
Updated : 2 years, 6 months ago IST
Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and COP28 President, told the presidents of the world's biggest development banks that "we need more ambition; we need trillions, not billions," to fix climate finance.
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ADB approves USD 500 million loan to support Indonesia's development and r
Updated : 2 years, 8 months ago IST
According to a news release by ADB, this funding will play a pivotal role in creating an environment conducive to investments, simplifying trade barriers, and elevating enterprises.
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