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Articles on World Bank

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U.S. Special Presidential Envoy for Climate John Kerry and his Chinese counterpart, Xie Zhenhua, had front-row seats at COP28’s final session. Kiara Worth/UN Climate Change via Flickr,

Why the COP28 climate summit mattered, and what to watch for in 2024

The UN climate conference brought some progress. A former UN official who has been involved in international climate policy for years explains what has to happen now for that progress to pay off.
Palestinian children play outside an UNRWA school following Israeli airstrikes on Oct. 12, 2023. Ashraf Amra/Anadolu via Getty Images

Gaza depends on UN and other global aid groups for food, medicine and basic services – Israel-Hamas war means nothing is getting in

Many people in Gaza are reliant on the United Nations and other international aid groups to meet their basic needs, like food and medical care. A scholar of peace and conflict economics explains why.
The rise in extreme weather events dent into developing countries’ budget and raise their debt interest rates. Pexels/Karthikeyan Perumal

Paris hosts summit to secure debt relief and climate cash for developing countries

This week’s summit for a “New Global Financing Pact” will look to secure some much-needed climate cash for developing countries, while ensuring their debt remains manageable.
Chinese President Xi Jinping hosted the 14th BRICS Summit via video link in Beijing. South African President Cyril Ramaphosa, Brazilian President Jair Bolsonaro, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi attended the summit. Li Tao/Xinhua via Getty Images

South Africa’s role as host of the BRICS summit is fraught with dangers. A guide to who is in the group, and why it exists

Geopolitics is forcing BRICS countries to balance respect for international law, self-determination, sovereignty and peaceful resolution of disputes with their friendly relations with Russia.
People march with a banner that reads in Spanish ‘Stop the adjustment, out with the IMF,’ in Buenos Aires, Argentina on May 9, 2023. (AP Photo/Victor R. Caivano)

Improving how the IMF does business could help billions of people worldwide — by giving governments money to spend on public goods and increasing accountability. Podcast

The conditions placed on countries borrowing money from the International Monetary Fund have further disadvantaged these countries economically.

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