Tag: World Bank

A World With Little Water Supply Has Dire Economic Consequences: World Bank

A report by the World Bank warns that water shortage across the globe could have dire economic consequences. The report suggests methods to counter the phenomenon.

Earth/Environment May 24, 2016

Anonymous Attacks The Bank Of Greece As It Begins A 30-Day Hacking Campaign Against Worldwide Banks

In a YouTube video, Anonymous had previously warned that it would soon begin a 30-day campaign called 'OpIcarus – Shut Down the Banks' against central banks around the world.

Security May 4, 2016

World Bank Cautions Against Lull After Earth Day Momentum

Before countries officially sign the Paris climate deal on Earth Day, the World Bank cautions countries against losing momentum in their commitment to reduce total carbon emissions by 2020.

Earth/Environment April 16, 2016

World Bank Trims Growth Forecast For East Asia But Expects Over 6 Percent In 2016 And 2017

Despite a gloomy global scenario and a slowing-down China, East Asia and the Pacific will continue to be resilient. Growth expansion in the region is predicted to have a marginal decline from 6.5 percent in 2015 to 6.3 percent in 2016 and 6.2 percent in 2017-2018.

Business April 12, 2016

World Bank To Spend 28 Percent Of Investments To Tackle Climate Change

World Bank, the biggest public finance provider in the world, vowed to boost its funding for climate change projects. It will allot 28 percent of its investments on these initiatives, and will consider the effects of global warming in future spending.

Earth/Environment April 8, 2016

World Bank Sets $16 Billion Plan To Help Africa Cope With Climate Change

The World Bank warned that 43 million more Africans could be pushed toward poverty by 2030 due to climate change. Recently it announced a $16 billion plan to assist the continent in adapting to and being protected from global warming effects.

Earth/Environment November 25, 2015

World Bank Says Climate Change Can Impoverish 100 Million By 2030: How Global Warming Causes Poverty

Global warming greatly affects the goal of eradicating extreme poverty. A report by the World Bank revealed the poorest of the poor are most exposed to climate-related disasters brought on by global warming.

Earth/Environment November 16, 2015

Shift From Fossil Fuels Could Burst 'Carbon Bubble,' Says World Bank Official

World Bank climate officials said that transitioning from fossil fuels to alternative energies could burst the carbon bubble. With the impact that such shifts may have on carbon-invested industries, financial risks may arise.

Animals October 13, 2015

Is Extreme Weather the New Normal? World Bank Thinks So

A World Bank-commissioned study has found that even if governments take fast action to reduce greenhouse gas emissions, the planet is already on its way to facing extreme weather events due to global warming.

Earth/Environment November 24, 2014

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