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How to funnel stagnant SDRs where they’re actually needed
Officials say worst-case projections in summer 2022 are now their baseline scenario
Indermit Gill says existing framework offers developing countries ‘too little, too late’
Higher interest rates and slump in currencies raise debt servicing costs by more than a third
Adventures in super-seniority
Plus, Qatar’s World Cup carbon claims draw scrutiny
President Xi reinforces commitment to green energy despite severe pressures on economy
G7 presidency backs disaster response facility for poor nations and lifts funding commitment
IMF meetings yet to align better awareness of major economic problems with the scale of action required
There was optimism at this week’s meetings that the lenders would help finance environmental measures
Plus, why the UN Sustainable Development Goals are in trouble
An anticipated slump in demand is undoing the worldwide cargo congestion of the past two years
Plus, Indian billionaire Gautam Adani turns to green energy
The World Bank is under pressure to take more action to address climate
Pressure increases on development banks to fund clean energy in poorer nations
Barbadian premier Mia Mottley sets out steps at UN for reform as support builds for rethink of financial institutions
David Malpass criticised for lack of leadership on environment-related finance for developing countries
Al Gore renews demand for World Bank president Malpass to quit over climate denial
The obsession with maintaining multilateral development banks’ credit ratings might be counterproductive
Organisation calls on central banks to co-ordinate policies and tighten less to avoid ‘devastating’ worldwide downturn
A bank customer’s staged ‘robbery’ at gunpoint to gain access to his own savings has grabbed national attention
Winners of FT Schools/World Bank youth blog competition offer solutions to issues with online study
Vast debts make the world economy more fragile than it was over 40 years ago
Washington-based institution slashes growth projections and cautions over 1980s-style defaults
Biden administration identifies ‘gaps’ in response to requests from Treasury secretary Janet Yellen
International Edition
