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The World Bank (WB) has reiterated its strong support for the Marcos administration in its quest to achieve its vision of becoming a prosperous, inclusive, and poverty-free society by 2040. *File photo* World Bank Managing Director for Operations Anna Bjerde said this as she concluded her two-day...

Multilateral financier World Bank has urged the government to give incentives for investments in climate smart agriculture, renewable energy (RE) and to tap ESG (environmental, social, governance) bonds to finance climate actions countering disasters.

Presenting its Country Climate and...

WASHINGTON, United States (AFP) – The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical strains. Concerns over high inflation, rising...

Sustainable properties have the perception of being expensive, exclusive, and out of reach for ordinary people. EDGE certification, an innovation of the International Finance Corporation (IFC), a member of the World Bank Group, is seeking to change that by simplifying the certification process with...