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World Bank expands access to catastrophe bonds and reinsurance funds independantexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independantexpress.com Daily Mail and Mail on Sunday newspapers.
The World Bank announced a significant expansion of the use of catastrophe bonds, reinsurance and instruments such as parametric risk transfer for ....
The Climate Briefing: The reform of the World Bank and climate finance chathamhouse.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chathamhouse.org Daily Mail and Mail on Sunday newspapers.
World Bank eyes speeding up loan approvals amid bold overhaul zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
The World Bank aims to speed up the disbursement of loans by one third in as little as two years, a key pillar of an overhaul that aims to make the development organization more effective. "We did not pin an exact date, but we will be looking to reduce by a third over perhaps a couple of years," said Ed Mountfield, Vice President for Operations Policy and Country Services at the World Bank, in an interview with Reuters in London. "We need to find ways to go faster, both looking at our own red tape and also recognising that often the delays are on the client side," Mountfield said on Wednesday, referring to countries with low institutional capacity. ....