Heads of state, finance leaders and activists from around the world will converge in Paris this week to seek ways to overhaul the world’s development banks — like the International Monetary Fund and World Bank — and help them weather a warmer and stormier world.
U.S. Treasury Secretary Janet Yellen will call on Wednesday for the World Bank to undertake additional reforms this year to expand its ability to help developing countries meet global challenges such as climate change.
Mia Mottley, the prime minister of Barbados, has been drawing attention to the environmental and financial threats faced by small and vulnerable countries like hers.
As global warming delivers cascading weather disasters, leaders at U.N. climate talks say it’s time to radically overhaul the World Bank and International Monetary Fund.
As global warming delivers cascading weather disasters, leaders at U.N. climate talks say it’s time to radically overhaul the World Bank and International Monetary Fund.
