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Multilateral development banks top aid transparency rankings

The 2022 Aid Transparency Index reports a gradual improvement across many organisations as it names the AfDB, World Bank, ADB and IDB the most transparent. 

World Bank: $30m investment in Marshall Island climate resilience

New project will improve climate resilience and safety of densely populated urban areas amid severe risks from climate change. 

World Bank plans $170bn support package

The World Bank Group is discussing how to prepare and package $170bn of support to help countries address multiple overlapping crises. 

World Bank backs Uzbek thermal power plant PPP

Uzbekistan signs PPP agreement for modern efficient thermal power plant in Syrdarya, with backing from the International Finance Corporation. 

Multilateral Development Banks issue joint statement at COP26

Plans set out by ten major banks aim to help turn global ambitions into outcomes with a strong focus on nature. 

World Bank to adopt FIDIC-ITA Emerald Book for all underground works...

New approach to tunnelling contracts as World Bank agrees to use Emerald Book for all its underground works projects. International engineering federation FIDIC (the International...

World Bank scales up climate financing

Next five years will see more than $112bn allocated.

FIDIC acts to support World Bank efforts to root out gender-based...

International engineering federation FIDIC is taking a series of steps to support the World Bank's efforts to prevent gender-based violence.

World Bank approves $145m recovery fund for Fiji

Support for Fiji as it faces severe recession following Covid and tropical cyclones

World Bank appoints Wood to improve transport resilience in western Balkans

Studies to be undertaken to look at effectiveness of transport systems in western Balkans. Global infrastructure company Wood has been appointed by the World Bank...
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