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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.

United statesFrance generalWorld bankDistrict of columbiaUnited kingdomSvenja schulzeDan joergensenDavidw youngAndrew mitchellLiesje schreinemacherShunichi suzukiBruno le maireGiancarlo giorgettiAjay bangaAnne beathe tvinnereimVincent van peteghem

Eleven developed countries commit $11 billion to World Bank to address global challenges including climate change

Eleven developed countries commit $11 billion to World Bank to address global challenges including climate change
voiceofvienna.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voiceofvienna.org Daily Mail and Mail on Sunday newspapers.

United kingdomUnited statesNew delhiAjay bangaWorld bank groupExpert groupLiveable planet fundLivable planet fundPortfolio guarantee platformLiveable planetWorld bankPortfolio guaranteeLivable planet

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.

United statesFrance generalUnited kingdomWorld bankDistrict of columbiaAndrew mitchellLiesje schreinemacherDavidw youngGiancarlo giorgettiShunichi suzukiBruno le maireDan joergensenSteven van weyenbergVincent van peteghemAjay bangaSvenja schulze

New Financing Tools Receive Major Funding Boost

New Financing Tools Receive Major Funding Boost
worldbank.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldbank.org Daily Mail and Mail on Sunday newspapers.

United statesWorld bankDistrict of columbiaUnited kingdomFrance generalAjay bangaSvenja schulzeSteven van weyenbergVincent van peteghemAnne beathe tvinnereimLiesje schreinemacherAndrew mitchellShunichi suzukiDavidw youngGiancarlo giorgettiDan joergensen

UBA, African Guarantee Fund collaborate on $100m SME loan

The African Guarantee Fund and United Bank for Africa have signed a partnership that will benefit Small and Medium Enterprises across 20 African countries.

Jules ngankamOliver alawubaHead officeMedium enterprisesUnited bankAfrican guarantee fundPortfolio guaranteeManaging directorAffirmative finance actionAfrica continental free trade area secretariat