COP28: World Bank president calls for more concessional finance as debt embitters climate negotiations

Published 15:47 on December 8, 2023  /  Last updated at 15:47 on December 8, 2023  / /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Nature-based, Paris Article 6, Switzerland

The next replenishment of the World Bank's International Development Association, its concessional financing arm for the poorest countries, needs to be the "largest of all time", according to World Bank President Ajay Banga speaking Thursday in Zanzibar as part of the IDA20 Midterm Review.
The next replenishment of the World Bank's International Development Association, its concessional financing arm for the poorest countries, needs to be the "largest of all time", according to World Bank President Ajay Banga speaking Thursday in Zanzibar as part of the IDA20 Midterm Review.


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