World Bank Warns Record Debt Burdens Haunt Developing Economies
Surging interest rates and waning financing options threaten a “lost decade” for poor countries.
Record Rent Burdens Batter Low-Income Life
More tenants than ever spend half or more of their income for shelter, leaving less for everything else, taking an emotional toll and leaving some without a place to call their own.
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Tiny Electric Vehicles Pack a Bigger Climate Punch Than Cars
Two- and three-wheeled vehicles, used by billions of people, are moving away from fossil fuels to batteries faster than cars in countries that have made the energy transition a priority.
Posted inBanga, Ajay Banking and Financial Institutions Developing Countries Disasters and Emergencies Dubai (United Arab Emirates) Global Warming Greenhouse Gas Emissions International Monetary Fund Malpass, David Poverty United Nations Framework Convention on Climate Change World Bank
World Bank President Ajay Banga Addresses Climate Change
Ajay Banga, who took over the top job in June, has prioritized global warming issues in his first months on the job.