Contentious COP29 Deal Shows Climate Cooperation Fraying at Edges November 25, 2024 By Valerie Volcovici, Richard Valdmanis and Karin Strohecker When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on Sunday...
World Bank Eyes First ‘Drought’ Bond in Next 12-18 Months July 18, 2024 By Karin Strohecker and Marc Jones The World Bank is looking to issue its first drought bond in the next 12-18-months and broaden its offering of...
Cash-Strapped China Evergrande Sells Bank Stake to Repay Loan September 29, 2021 By Clare Jim and Karin Strohecker Cash-strapped China Evergrande Group left its offshore bondholders guessing whether it would pay interest on a bond coupon due Wednesday,...
World Bank Pandemic Bond Losing Value, Facing Criticism as Coronavirus Spreads February 19, 2020 By Karin Strohecker A World Bank bond designed to deliver funding to help the world’s poorest countries to tackle fast-spreading diseases has lost...
Why Year-Long Ebola Outbreak Hasn’t Triggered Payout from Pandemic Insurance August 2, 2019 By Karin Strohecker World Bank funding instruments issued to help emerging countries swiftly tackle pandemics have come under the spotlight after the latest...