Current Affairs - Finance - Discussion

The World Bank has enhanced its lending capacity to support global development, prioritizing climate action and Sustainable Development Goals. With a strong focus on green projects, the organization aims to provide USD 150 billion over the next decade. As one of the World Bank's largest clients, India will receive a significant share of this funding for initiatives in climate resilience, rural development, energy, healthcare, and digital education. The World Bank's mission is to reduce poverty and promote shared prosperity through financial products, technical assistance, and policy advice.