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World Bank releases 'game-changing' streamlined impact metrics
11 April 2024The World Bank has released a new impact outcomes 'scorecard' which will be deployed across all its institutions for the first time, which was described as "game-changing" for the development bank.
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Climate Bonds Initiative names advisory board, to consult on new climate resilience taxonomy
29 February 2024 -
World Bank: Expect 'more and bigger' outcomes-based bonds
09 February 2024Following the Bank's recent plastic waste reduction bond, Michael Bennett tells Ahren Lester that its ambitions are growing
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World Bank issues $100m plastic waste reduction-linked bond
26 January 2024The World Bank has raised $100 million from a ground-breaking outcomes-based bond that links its coupon payments to verified plastic and carbon credits generated by projects in Ghana and Indonesia.
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COP28: Sovereign sustainability-linked finance task force launched
05 December 2023Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.
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COP28: We need carbon markets, say Carney, Kerry and Banga
04 December 2023Mark Carney and other influential figures said carbon credits are essential to combat climate change - but they discussed the need to bring integrity to the much-criticised market.
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World Bank: 'Save' SLBs with stricter standards and scrutiny
30 August 2023The World Bank said there are encouraging signs that the quality of sustainability-linked bonds (SLBs) is improving, but standard-setters, external reviewers and regulators also need to up their game to support the "revival".
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'Landmark' Global Biodiversity Framework fund launched - but with $40m shortfall
29 August 2023A 'landmark' Global Biodiversity Framework fund was finally given the go ahead, but after just two governments made funding commitments, a further $40 million needs to be found by the end of the year.
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Economists promise COP28 roadmap to reform financial system
16 August 2023A "roadmap" to reform international climate finance is to be delivered at the COP28 climate conference in Dubai that will involve measures to catalyse more private finance in developing countries.
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World Bank: nature policy reform needed to scale private finance
05 July 2023Boosting investment in natural capital requires global policy reform to signal the scarcity of natural resources, the World Bank said.