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    • Devex Money Matters

    Money Matters: The World Bank's $1.3B climate funding

    In this week's Money Matters: we take a look at what happened to the World Bank's $1.3 billion climate funding, USAID on what caused a staffing crisis at the agency, U.K. aid, and Gen X philanthropy.

    By Omar Mohammed // 10 April 2023

    The World Bank is set to host its Spring Meetings in Washington, D.C., this week at a time of transition for the multilateral lender. Its president has called it quits and a new leader is set to take over.

    Meanwhile, some are wondering whether the bank is doing enough on climate change.  My colleague Miguel Antonio Tamonan takes a look at the bank’s spending on climate-related projects to find out.

    + Listen to a recent Twitter Spaces conversation between Devex Editor-in-Chief Raj Kumar and World Bank head of communications Corinne Woods about what to expect at the Spring Meetings.

    This article is free to read - just register or sign in

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    About the author

    • Omar Mohammed

      Omar Mohammed

      Omar Mohammed is a Foreign Aid Business Reporter based in New York. Prior to joining Devex, he was a Knight-Bagehot fellow in business and economics reporting at Columbia University Graduate School of Journalism. He has nearly a decade of experience as a journalist and he previously covered companies and the economies of East Africa for Reuters, Bloomberg, and Quartz.

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