International Development Association
Coverage of International Development Association in the Nexus archive.
- Malawi: Govt Secures K229bn in World Bank Grants, Parliament Approves Two Financing Bills
Malawi's parliament approved two financing bills to authorize the government to receive $130 million (K229 billion) in grant funding from the International Development Association (IDA). The funds aim to strengthen local governance and enhance export-oriented value chains.
- Q&A: How will the World Bank’s abandoned finance goal affect climate action?
The World Bank has abandoned a 45% climate finance target for funding to developing countries under pressure from the Trump administration, but retained its climate action plan. The bank remains the largest global provider of climate finance, distributing $39.2bn in 2025, with significant investments in clean energy and emerging economies like India and Nigeria.
- Rwanda: Parliament Clears Rwf207bn for Disaster Response
Rwanda's Chamber of Deputies approved a draft law to authorize a $141 million (Rwf207 billion) loan from the International Development Association (IDA) to support disaster risk management through a contingent emergency response mechanism.