BELEM, Brazil (Reuters) -The World Bank and other multilateral development banks (MDBs) are under pressure to offer more help to poor countries being hammered by energy challenges and climate ...

They noted that the impacts of current global developments are already being felt through higher energy costs, supply chain disruptions and tighter financial conditions.

A quiet but consequential contest is playing out in the global financial architecture. One that could determine Africa’s ability to finance its own development. Preferred creditor status is a ...

The study expands the scope of reporting for the first time to all countries with multilateral development bank operations. It now provides data on MDB climate finance commitments beyond those ...

In a period of heightened global uncertainty, including the evolving situation in the Middle East, the Heads of Multilateral ...

The World Bank and other multilateral development banks recently have begun reconsidering their self-imposed restrictions on financing fossil fuel projects. This change is being prompted in part by ...

Over the summer, Multilateral Development Banks (MDB) announced a series of debarments, further demonstrating the importance of robust compliance procedures among MDB fund recipients. On July 8, 2025, ...

Climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, according to the 2020 Joint Report on Multilateral ...

Ned Rauch-Mannino was a Visiting Fellow for The Heritage Foundation’s Douglas and Sarah Allison Center for National Security. MDBs can be a strategic soft power tool in support of America’s “peace ...