Iberdrola secures €300m green loan for emerging market renewables

The loan will fund renewable projects in emerging markets, including Morocco, Poland and Vietnam

World Bank warns of “dual energy shock” amid Middle East conflict

The World Bank highlights the risk of a dual energy shock as the Middle East conflict compounds existing disruptions, potentially leading to significant oil price increases and global economic impacts

World Bank pushes for carbon levy on shipping industry

The proposal would see shipping firms pay into a climate fund depending on the level of carbon their fleets emit

World Bank President stepping down after climate blunder

This follows his refusal to admit fossil fuels have caused the planet to warm

World Bank to boost climate lending capacity

It is considering a move away from a country-focussed lending model – which it has adopted since its creation

COP27: World Bank launches global initiative to scale low carbon hydrogen use

The Hydrogen for Development Partnership will help catalyse significant financing for hydrogen investments in developing countries over the next few years

Australia: IFC’s debut green Kangaroo bond raises $900m

Proceeds of the bond will support climate-smart projects including clean energy, green banking and energy efficient buildings in developing economies

Calls for World Bank President to quit after climate denial

David Malpass has been labelled a ‘climate denier’ by many for not accepting the human impact on climate change

IMF creates trust to help members tackle climate change

It will come into effect from the 1st May, with the aim of raising $45bn

Folksam invests $31m in green bonds from World Bank

World Bank Green Bonds support the financing of projects in member countries that meet specific criteria for low carbon and climate resilient growth