The BRICS ministers of Foreign Affairs convened in Russia’s Nizhny Novgorod on Monday to discuss various matters, including the crucial topic of increasing the use of local currencies… Read More
UN Secretary-General António Guterres convened Heads of State and Government in New York on Wednesday to advance efforts to get countries back on course to achieving the Sustai… Read More
What lies ahead in May? Let me highlight three areas.
First, in recent weeks the weakness of the yen has become a central focus for financial markets.
The yen at one stage weakened through… Read More
As the Global South grapples with the ossified structure of the main multilateral development banks (MDBs), India has taken a leading role in calling for the reform of the institutions creat… Read More
United Nations, April 24 (IANS) As the Global South grapples with the ossified structure of the main multilateral development banks (MDBs), India has taken a leading role in calling for the… Read More
Context: Recently, the UN Secretary General has said that the reform of multilateral development banks (MDBs) will be a key theme at this year’s Summit of the Future. Relevance: Facts… Read More
CONTENTS Summit of the Future Context: Recently, the UN Secretary General has said that the reform of multilateral development banks (MDBs) will be a key theme at this year’s Summit of… Read More
The Secretary-General and President of the General Assembly on Monday led the clarion call for urgent reform of the global financial system, notably how to approach debt relief on behalf of… Read More
MANILA — The Asian Development Bank (ADB) remains at the forefront of efforts by multilateral development banks (MDBs) to optimize their balance sheets in line with the Group of 20 (G… Read More
Multilateral Development Banks (MDBs) are financial institutions that provide financial and technical assistance to developing countries and emerging economies to support their economic deve… Read More
Context
Brussels hosted the first-ever Nuclear Energy Summit.
It was co-chaired by the Prime Minister of Belgium and the Director General of the International Atomic Energy Agency (IAE… Read More
Bridging the Financing Divide: Enabling Energy Efficiency in Developing Nations
In this article, we will explore how bridging this financing gap can enable energy efficiency in developing… Read More
Simply sooner or later after the January 11 approval of 11 Bitcoin spot ETFs – together with BlackRock’s iShares Bitcoin Belief (IBIT) – by the U.S. Securities and Change… Read More
The International Monetary Fund (IMF) has asked low income countries with significant debt repayments falling due in the next two years to refinance about $60 billion of external debts yearl… Read More
AFRICA / ENGLAND – The African Development Bank and the United Kingdom announced the selection of the Gas Insulated Switchgear Substations Project in Mauritius as a beneficia… Read More
The Climate Conference 2024, themed “Decoding the Green Transition for India,” was held in Mumbai, Maharashtra on January 12, 2024. It brought together thought leaders, policymak… Read More
Multilateral Development Banks
Why in news ?
Recently, a G20 expert panel has recommended that Multilateral Development Banks (MDBs), should shift their approach from funding individual proj… Read More
COP28: Multilateral development banks publish the first common principles for nature-positive finance.
EIB at COP28
Background information
Highlights:
New principles will guide mul… Read More
The Brew news Dubai, UAE are here to update the latest live news for sports, entertainment, business, IPL. we are best Middle east News channel with all Breaking News UAE
| 6 min read
The… Read More
Speaking at a pre-summit press conference on Tuesday, Kant said world leaders will take forward the guidance provided in the Delhi declaration and give impetus to its implementation… Read More
innovative mechanism to launch next year with potential to raise £7.5 billion over the next decade and billions more in co-financing for green projects
two new deals with Senegal and… Read More
DUBAI – The Inter-American Development Bank Group (IDB Group) is planning to triple direct and mobilized climate financing for Latin America and the Caribbean to $150 billion over… Read More
With Prime Minister Narendra Modi at the helm, India is gearing up to host the virtual G20 Leaders’ Summit, scheduled for Wednesday evening. The summit is expected to assemble a signif… Read More
MANILA, Oct. 13 (Xinhua) -- Climate finance provided by multilateral development banks (MDBs) reached a new record high in 2022, according to a recent report. The Joint Report on MDBs Climat… Read More
New Delhi: As Chinese President Xi Jinping remained absent from the virtual G20 Summit on Wednesday, External Affairs Minister S Jaishankar said that it is for the country to decide who repr… Read More
Climate finance by Multilateral Development Banks (MDBs) for low-income and middle-income economies hit a new record of $60.7 billion in 2022. The amount was 46 per cent higher than the 2019… Read More
The two ministers discussed issues of mutual interest, including strengthening multilateral development banks (MDBs), mobilising finance for climate change, Crypto assets, financing cities o… Read More
New Delhi, Oct 6 (IANS) In the run up to 4th G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Marrakech, Morocco, Finance Minister Nirmala Sitharaman on Friday chaired a m… Read More
The global economy is suffering the brunt of simultaneous wars in places that can severely affect supply chains, Union Finance Minister Nirmala Sitharaman said on Friday.
Delivering the in… Read More
108th Meeting of the Development Committee, chair statement, Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, United Arab Emirates.
MARRAKECH, Morocco – The Devel… Read More
Okaz/Saudi Gazette
RIYADH — The Saudi Central Financial institution (SAMA) Governor Ayman Alsayari mentioned that crypto currencies and their brokers pose a possible risk to monetary… Read More
Secretary of the Treasury Janet L. Yellen on Multilateral Development Bank Evolution in Ben Guerir, Morocco.
By Janet L. Yellen
Multilateral development banks
The World Bank was formed in th… Read More
Climate activists urged the U.S. government, which they described as “the biggest bully and blocker of climate action” to fulfill its climate finance obligations.
Various grou… Read More
By: Prashant Singh Parihar, Research Analyst, GSDN
Bharat Mandapam-Venue of G20 Summit in New Delhi, India: source InternetDecember 01, 2022 will be remembered as milestone day for India… Read More