New Financing Tools Receive Major Funding Boost This page in:English Español Français العربية Русский

New Financing Tools Receive Major Funding Boost Support for innovative financial tools could generate up to $70 billion over 10 years WASHINGTON, April 19, 2024— New financial instruments designed to boost lending capacity and enable the World Bank Group to take on more risk for shared global challenges have received a significant endorsement. A set of 11 countries announced commitments today for the Portfolio Guarantee Platform, hybrid capital mechanism, and new Livable Planet Fund totaling $11 billion. https://www.worldbank.org/en/news/press-release/2024/04/19/new-financing-tools-receive-major-funding-boost