Page 34 - World Bank
As World Bank faces scrutiny, UN chief warns lenders over fossil fuels
Guterres urged a coalition of finance ministers and economic policymakers from dozens of countries to ensure development banks end fossil fuel investments and boost renewable energy
 "As World Bank faces scrutiny, UN chief warns lenders over fossil fuels")
School closure may cost $400 bn to India, cause learning losses: World Bank
The prolonged closure of schools due to Covid-19 in India may cause a loss of over $400 billion in the country's future earnings, besides substantial learning losses, according to a World Bank report
 "School closure may cost $400 bn to India, cause learning losses: World Bank")
World Bank to support enterprises in Uttar Pradesh under ODOP scheme
The ODOP scheme was launched in 2018 to promote the state's traditional and indigenous industries under the MSME sector by providing funding, training, marketing support etc
 "World Bank to support enterprises in Uttar Pradesh under ODOP scheme")
By 2021, as many as 150 mn people likely to be extreme poor: World Bank
The World Bank on Wednesday warned that by 2021, as many as 150 million people are likely to be in extreme poverty because of the coronavirus pandemic
 "By 2021, as many as 150 mn people likely to be extreme poor: World Bank")
World Bank seeks board approval for $12 bn Covid-19 vaccine financing plan
Malpass told Reuters in an exclusive interview that the initiative, part of $160 billion in coronavirus aid financing pledged by the multilateral lender, is aimed at helping countries procure vaccine
Pandemic to keep Asia's growth at lowest since 1967, warns World Bank
The bank said the region this year is projected to grow by only 0.9%, the lowest rate since 1967
 "Pandemic to keep Asia's growth at lowest since 1967, warns World Bank")
World Bank's IFC adopts climate rules to deter lenders from backing coal
IFC, which owns equity stakes in many large commercial banks in emerging markets, hopes the restrictions will trigger other investors to exit the coal sector
Global economic recovery may take five years: World Bank chief economist
"There will probably be a quick rebound as all the restriction measures linked to lockdowns are lifted, but a full recovery will take as much as five years," Carmen Reinhart said
 "Global economic recovery may take five years: World Bank chief economist")
Global economic recovery may take five years: World Bank chief economist
The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World Bank's chief economist Carmen Reinhart said on Thursday.
India ranked at 116th position in World Bank's Human Capital Index
India has been ranked at the 116th position in the latest edition of the World Bank's annual Human Capital Index that benchmarks key components of human capital across countries
Senior bureaucrat Rajesh Khullar appointed Executive Director, World Bank
Senior bureaucrat Rajesh Khullar has been appointed as Executive Director, World Bank, Washington, a Personnel Ministry order issued on Monday said
International Solar Alliance signs MoUs with NTPC, MNRE and World Bank
Ministry of New and Renewable Energy along with World Bank will design the plan for implementing 'One Solar One World and One Grid'; NTPC will implement the solar projects in 47 ISA member countries
 "International Solar Alliance signs MoUs with NTPC, MNRE and World Bank")
World Bank cancels $224 million loan to Lebanon for Bisri Dam Project
The World Bank has canceled $224 mn loan to the government of Lebanon for the proposed Bisri Dam Project because it failed to fulfil preconditions required before the funds were disbursed
 "World Bank cancels $224 million loan to Lebanon for Bisri Dam Project")
Much ado about nothing: What India's ease of biz ranking won't tell you
The WB's suspension of the Index will deal a minor blow to the Indian government because the credibility of the rankings, which the government was trumpeting, is now in tatters
 "Much ado about nothing: What India's ease of biz ranking won't tell you")
World Bank pauses publication of Doing Business Report over data issues
Speculations on India's recent rise in ranking, but the World Bank says countries affected appear to be Azerbaijan, China, Saudi Arabia and United Arab Emirates
World Bank suspends ease of doing biz report over 'data irregularities'
The WB said in a statement that it would conduct a systematic review of data changes in the last five Doing Business reports, and independent auditors will probe data collection and review processes.
World Bank holds release of Doing Business report over data irregularities
The World Bank has announced to halt the publication of the 'Doing Business' report as irregularities have been reported in the changes to the data published in October 2017 and 2019
World Bank holds Ease Doing Business report over data irregularities
In a statement, World Bank said over the 17 years of its existence, the Doing Business report has been a valued tool for countries seeking to measure costs of doing business
China and the United States of America: The 21st Century's Great Game
For China, the global war for influence is about trading partners. For the US, it could mean something more volatile
 "China and the United States of America: The 21st Century's Great Game")
World Bank sees higher GDP fall in India than 3.2% it projected for FY21
Cautions against using tariff policy to attract firms from China; says there is credit risk as economy slows and half India's population may fall back into poverty