Last week, the UN Foundation and the UN Department of Economic and Social Affairs kindly asked me to talk at an informal session on the coherence between development and climate finance. I learned a l...

The World Bank Group and partner governments have mobilized a record replenishment to the International Development Association (IDA), the world’s largest source of development finance for low-income ...

Swap deal to buy back bonds issued in January comes as African borrowers struggle under expensive debt burdens

ALT: a man in a suit and tie is running down a sidewalk with the words let me in written on it .

The World Bank’s International Debt Report features external debt statistics and analysis for low- and middle-income countries and information on new bond issuance in international capital markets.

Barbados has completed the world's first 'debt-for-climate' swap aimed at raising money to help the Caribbean island build resilience in its water systems to the damaging effects of climate change.

IMF emphasis on liquidity strains is off target

Under its Articles of Agreement, the Fund may only provide financing to assist members to resolve their balance of payments problems and restore medium-term external viability and may only do so under...

The Biden administration has moved to forgive about $4.7 billion in U.S. loans to Ukraine, State Department spokesperson Matthew Miller said on Wednesday, as outgoing officials seek to do what they can before leaving office to bolster Ukraine in its war against Russia.

ALT: a cartoon character is holding a bunch of money in his hand and saying `` shut up and take my money ! ''

The rot runs deeper than almost anyone has guessed.

A German-led program announced at United Nations climate talks in Egypt two years ago has deployed just a tiny share of funds to the climate vulnerable countries it’s seeking to help.

Battle over money and inclusion of transition from fossil fuels in agreement dominate final week of talks

Ex-government and military officials testified in the latest congressional hearing on the mysterious phenomena, which have long fascinated the public.

Acemoglu, Johnson and Williams won a prize for applying economics to the very things economics is inherently bad at figuring out