World Bank

First Nordic meeting with new World Bank President focused on reform and Ukraine

The new World Bank President Ajay Banga met with Nordic development ministers Thursday to discuss reform of the Bretton Woods institution and Ukraine aid. Banga wants more Nordic funding for the Bank’s concessional window IDA.

News September 15, 2023

Call for new World Bank business model to scale up risk taking and financing

Global investors want the World Bank to take more risk so they can scale up climate financing. A White...

Business June 17, 2022

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The Bombardier Sweden affair: World Bank probe has a long reach, but convictions can be elusive

In a Swedish probe triggered by an on-going World Bank investigation into a project in Azerbaijan, prosecutors...

Business April 01, 2022

World Bank refers fewer cases for criminal investigation, no uptick in corruption during pandemic

The World Bank’s anti-corruption unit routinely refers findings to national authorities for criminal...

Business April 01, 2022

World Bank revamps trust fund portfolio, answers Norwegian auditor’s criticisms

The World Bank pushes back against the Norwegian Auditor General’s claims that trust funds managed by...

News March 01, 2022

Nordic block is third largest contributor to IDA, World Bank’s fund for low-income countries

Updated. The five Nordic countries constitute the third largest donor to the World Bank’s IDA arm, which...

News January 22, 2022

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Auditor sheds light on hidden costs of Norwegian grants to World Bank funds

Billions of crowns channelled through World Bank trust funds are at odds with key goals in Norway’s aid...

News December 31, 2021

Post-COVID19, sovereign debt crises could wreak havoc on SDGs

One in four countries is now facing a debt crisis. This calls for an urgent resolution of the sovereign...

Opinion October 08, 2020

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China climbs on World Bank donor list as US drops to third place

China has broken Western dominance in the World Bank’s fund for poor countries IDA, climbing to No 6...

News February 27, 2020

Norway should double support for World Bank’s IDA

Just before Christmas the World Bank wrapped up negotiations in Stockholm announcing a three-year financing...

Opinion Editorial December 30, 2019

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