Over 40 partners associated with the initiative announced more than 50 commitments aimed at boosting impact investment in these markets, potentially unlocking over USD 15 billion in commercial and catalytic capital.
Mumbai (Maharashtra) [India], December 14: International Finance Corporation (IFC), a World Bank Group has recognised Federal Bank as the top performer of the 2023 Climate Assessment for Financial Institutions (CAFI) Awards for Climate Reporting. Out of the 258 financial institutions globall
This gathering brought together leaders from multilateral institutions, including COP28 President Dr Sultan Al-Jaber, United Nations Framework Convention on Climate Change (UNFCCC) Executive Secretary Simon Stiell, World Bank Group President Ajay Banga, and GFANZ Co-Chair and UN Special Envo
A delegation from the Executive Office of Anti-Money Laundering and Counter Terrorism Financing and the Executive Office for Control and Non-Proliferation has visited Washington, DC, and met with officials from the US government, the World Bank Group, the International Monetary Fund, the Ins
The UAE Ministry of Finance participated in the fourth and final G20 Finance Ministers and Central Bank Governors meeting under the Indian Presidency, which took place on the sidelines of the World Bank Group and the International Monetary Fund annual meetings, held in Marrakech, from Octobe
The United Arab Emirates, represented by the Ministry of Finance, announced its participation in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) taking place in Marrakech, Kingdom of Morocco, from October 9 to 15, 2023.
The Ministry of Finance (MoF), in collaboration with the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA), held two workshops at the headquarters of the Chambers of Commerce in Dubai and Abu Dhabi.
The Executive Office of Anti-Money Laundering and Countering the Financing of Terrorism (EO AML/CFT) commenced the second workshop of the UAE's 2022/23 Money Laundering/Terrorist Financing (ML/TF) National Risk Assessment (NRA) in collaboration with the World Bank Group.
Jaipur (Rajasthan) [India], July 3: Aavas Financiers, recently announced that the company has successfully accomplished financing of 100 EDGE certified self-built green homes in India. This is another milestone in their vision to inculcate sustainability into building affordable homes in rur
Appreciating Banga for his past work, Harris tweeted, "Congratulations to Ajay Banga on his election as President of the World Bank. Ajay has been an incredible partner in our work in Central America, helping to deliver hope and opportunity on the ground. I look forward to our continued work
Banga, a finance and development expert, will take over the role on June 2. He was the sole contender to replace departing World Bank chief David Malpass whose term ends early next month
The meeting was held on the sidelines of the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, DC from 10th to 16th April, and discussed key strategic issues and economic growth in the region, in addition to future prospects and fisca