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New Financing Tools Receive Major Funding Boost

WASHINGTON, April 19, 2024 New financial instruments designed to boost lending capacity and enable the World Bank Group to take on more risk for shared global challenges have received a significant endorsement. A set of 11 countries announced commitments today for the Portfolio Guarantee Platform, hybrid capital mechanism, and new Livable Planet Fund totaling $11 billion.

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Israel PM denounces US plan to sanction IDF unit

Israel PM Benjamin Netanyahu has denounced the move by the US government to issue sanctions to the Netzah Yehuda battalion of the IDF.

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