The economic effects of suspending almost all activity have immediately impacted the world鈥檚 commodity markets and are likely to continue to affect them for months to come as countries contend with the health emergency of the COVID-19 pandemic. The warns the pandemic has the potential to lead to permanent changes in the demand and supply of commodities, and especially to the supply chains that move those commodities from producers to consumers.
World Bank
Learn about the definition of and explore how different countries are taking on the critical role of investing in education, health, and resilience.
teams make significant progress on the response to the COVID-19 pandemic. Beyond the health impact from the COVID-19 pandemic, a major global recession is expected. The World Bank is finalizing projects in 60 countries under the . Additionally, Board approval is expected to provide grants, credits and loans of $2 billion covering a wide range of developing countries. In parallel, proposed financing for operations that will help prevent, detect, and respond to the public health threat posed by COVID-19 will expedite emergency efforts.
Worldwide, 80% of the wastewater is released to the environment untreated. Wastewater is often seen as a burden rather than a valuable resource.
The seeks to respond to these urgent questions: how might we design and plan cities that work well for everyone? What would such a city look like, and how would we go about creating it?
Access to clean water remains a struggle for many of the poorest households in rural areas.
2019: IFC Projects in Pictures
Mobile phones, satellite mapping, and other technologies can help the world better prepare for 鈥 and respond to 鈥 disasters, such as hurricanes, floods, and landslides.
The role of a debt manager is similar to that of a baker, who is asked to prepare a pie: he or she can choose to add sugar and fat to please the customer, or figure out the right mix of the ingredients to deliver a healthy, but still tasty pie.
Do you send money home to your family overseas? If so, you鈥檙e contributing to the global flow of remittances, or as the World Bank鈥檚 Dilip Ratha calls them, 鈥渄ollars wrapped with care鈥.
As this decade comes to an end, the world has seen progress on many fronts: the poorest countries have greater access to water, electricity, and sanitation; poverty and child mortality have fallen; technology has spread far and wide. But we鈥檝e also broken the wrong kinds of records: more people were forcibly displaced than any other time in history; carbon dioxide in the atmosphere hit an all-time high; biodiversity is declining at an accelerating rate. Here are highlighting some achievements and challenges.
Today, there are more refugees than directly after World War II. The directly. Also, by addressing the underlying drivers of conflict, it's aiming to reduce factors causing people to flee their homes.
Fishermen, families, hotel owners, and coastal farmers are all sounding an alarm: North Africa鈥檚 coast has reached its tipping point. Coastal hotspots in Algeria, Egypt, Morocco, and Tunisia, for a start, are 鈥渁bsolutely exhausted鈥 from overfishing and coastal erosion.
Out of 114 measured, 15 countries experienced the largest annual average percentage point declines in extreme poverty rate between 2000 and 2015. In each of these countries, an average of at least 1.6% of the population moved out of extreme poverty every year. Tanzania, Tajikistan and Chad top the list.
Explore the , which provide objective measures of business regulations for local firms in 190 economies. .