#World Bank News

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Nearly a tenth of global climate finance could be under threat as US president Donald Trump’s aid cuts risk wiping out huge swathes of spending overseas.
Single_Use_Plastic_Clampdown_Bangladesh
Political divisions and industry influence derailed the country’s pioneering 2002 ban on polythene bags. Can the new government enforce lasting change with its new ban?
Korean shipping
Japan and South Korea are rallying support for a charge on the international shipping sector's emissions to raise funds for climate action. China and Indonesia oppose the plans as the International Maritime Organisation concludes its meetings ahead of the climate summit in April.
Masato Kanda new ADB prez
Kanda was behind massive market interventions aimed at stemming the yen's sharp decline against the United States dollar before being elected as Asian Development Bank chief.
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#World Bank Opinion

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With the globalisation engine no longer as powerful as it once was, economic growth alone is unlikely to eradicate poverty. One complementary approach is to bolster financial inclusion.
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Five looming decisions in the development finance world could help to mitigate environmental and social risks of transition minerals, write Boston University researchers.
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Even though the global economy depends on a stable climate and reliable ecosystem services, businesses and financial institutions are not required or incentivised to invest in nature. Central banks and supervisors could change that trajectory simply by fulfilling their financial-stability mandate.
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The rise of 'greenhushing' – when companies downplay environmental risks for financial or political reasons – reflects not just changing communications strategies, but rising tensions between competing priorities.
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#World Bank Videos

ecosperity 2019
Eminent speakers and thousands of attendees discussed strategies for a resource-efficient future at Ecosperity Week 2019. As they heard about the science of global warming, delegates were called upon to be part of the solution.
I4C
Suggestions by delegates at the World Bank's recent Innovate4Climate event in Singapore included: Supporting developing countries in their efforts to conserve the forests, and launching more incubators for climate-friendly solutions. 
solarfarm
EB Studio Battery technology could reshape the global energy sector, and this year's #Innovate4Climate summit in Singapore will focus on the cutting-edge innovation that could change the energy landscape.
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#World Bank Podcasts

Cantilan Bank aftermath of Rai_EB podcast logo
The Bangko Sentral ng Pilipinas assistant governor tells the Eco-Business Podcast about the regulator’s maiden sustainability report that features an empirical study of climate impacts on banks as well as the nation’s first taxonomy.
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