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World Bank Group shifts focus from finance targets to development outcomes

Editor03 mins
The World Bank has priced a $4 billion seven-year Sustainable Development Bond, attracting more than $11 billion in high-quality investor orders.

The World Bank Group has announced an 'extension' of its Climate Change Action Plan (CCAP), which will see it shift away from financing targets towards measuring development outcomes. As part of this transition, it plans to retire its target of direc...

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