Investing an extra $500 million annually in developing countries could enhance infrastructure, but strong regulatory frameworks are essential for attracting private investment.
World Bank
Fighting corruption is vital to the ’s mission to end extreme poverty and promote shared prosperity on a livable planet. Here are it is doing it.
Amid recent restrictions in Afghanistan, Mumtaz, Ahmad, and Zeyba's lives were upended, but a and project offers a lifeline through community-driven employment and support initiatives.
Adaptive proves to be a profitable investment, reducing poverty, enhancing food security, and bolstering resilience against climate change and shocks.
Over half of the collected revenue from power, industry and new sectors, such as aviation and shipping is used to fund climate and nature programmes.
has partnered with the to support Ukraine rebuild essential logistics infrastructure.
After Cyclone Idai, the Zimbabwe Idai Recovery Project funded by the has been pivotal in helping Nation and his community rebuild and foster long-term resilience.
World Bank's report, assesses the gap between legal reforms and actual outcomes for women in 190 economies.
The global economy seems to be improving as 2024 begins, but caution is in order. The World Bank's indicates that growth is expected to decelerate for a third year in a row. The 2020s are shaping up to be an era of wasted opportunity, with the weakest global growth performance of any half-decade since 1990. The end of 2024 will mark the halfway point of what was supposed to be a transformative decade for development-one that would eliminate extreme poverty, eradicate major communicable diseases, and nearly halve greenhouse gas emissions. Weak economic growth threatens to undermine many global requirements, making it harder for developing countries to generate the investment needed to tackle climate change, improve health and education, and meet other key priorities.
Global growth is projected to slow for the third year in a row, almost three-quarters of a percentage point below the average of the 2010s.
2023 is the year of inequality and it’s been made tougher by the compounding threats of climate change, fragility, conflict and violence, and food insecurity.
Data literacy is the ability to work with and interpret data. The ’s Data Use and Literacy Program, delivers a range of activities to build capacity for data literacy and data use, enable data-driven decision-making, and democratize participation in the data revolution across low- and middle-income countries.
Increasing shocks from climate change, a global water crisis, loss of biodiversity, and other challenges continue to drive food insecurity and force more people into hunger. is taking a multi-faceted approach which focuses simultaneously on production, supporting vulnerable households with emergency and resiliency programs, and investing in sustainable food and nutrition. The current approach of responding to food crises through short-term measures is making a difference, it is critical to accelerate the transformation of the global food system
The 's International Development Association () is one of the largest sources of assistance for the world's 75 poorest countries and is the single largest source of donor funds for basic social services in these countries. IDA lends money on concessional terms (grants or credits with zero, or very low interest charges, and repayments stretching over 30-40 years).
Officially recorded remittance flows to low- and middle-income countries (LMICs) are estimated to grow by 1.4% to $656 billion in 2023 as economic activity in remittance source countries is set to soften, limiting employment and wage gains for migrants, according to the World Bank’s latest released on 13 June 2023. This edition of the Brief also revises upwards 2022’s growth in remittance flows to 8%, reaching $647 billion.