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World Bank wins $11 bln in pledges to boost lending for climate, global crises

The World Bank on Friday said that 11 countries have pledged to contribute over $11 billion to new hybrid capital and portfolio guarantee instruments designed to expand the bank s financing capacity.

United statesWorld bankDistrict of columbiaUnited kingdomSvenja schulzeDavid lawderChris reeseChristian kraemerAndrea ricciLivable planet fundWorld bank onGerman developmentInternational monetary fundDevelopment minister svenja schulze

World Bank shareholders pledge $11 bln for hybrid capital, guarantees, German minister says

Eleven countries have pledged to contribute over $11 billion to new World Bank Group hybrid capital and portfolio guarantee instruments designed to expand the bank s lending capacity by $70 billion. -April 19, 2024 at 01:24 pm EDT - MarketScreener

World bankDistrict of columbiaUnited statesChris reeseDavid lawderSvenja schulzeChristian kraemerGerman developmentInternational monetary fundWorld bank groupGerman development minister svenja schulze

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

World Bank wins $11 billion in pledges to boost lending for climate, global crises

By David Lawder and Christian Kraemer WASHINGTON (Reuters) - The World Bank on Friday said that 11 countries have pledged to contribute over $11 billion to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financi.

United statesUnited kingdomWorld bankDistrict of columbiaChris reeseChristian kraemerSvenja schulzeDavid lawderAndrea ricciInternational monetary fundWorld bank onGerman developmentLivable planet fundDevelopment minister svenja schulze

World Bank wins $11 bln in pledges to boost lending for climate, global crises

World Bank wins $11 bln in pledges to boost lending for climate, global crises
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United statesWorld bankDistrict of columbiaUnited kingdomSvenja schulzeGerman developmentLivable planet fundWorld bank onInternational monetary fundDevelopment minister svenja schulze