World Bank
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The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face.
World Bank
1w ago
The Republic of Korea’s journey from poverty to prosperity is a great example of IDA's impact. In just six decades, Korea has transformed from one of the world's poorest countries to a global powerhouse ..read more
World Bank
1w ago
In 2023, carbon pricing revenues reached a record $104 billion, according to the World Bank’s annual “State and Trends of Carbon Pricing 2024” report released today ..read more
World Bank
2w ago
The global agrifood system presents a huge opportunity to cut almost a third of the world’s greenhouse gas emissions through affordable and readily available actions, while continuing to feed a growing population, according to a new World Bank report. Recipe for a Livable Planet: Achieving Net Zero Emissions in the Agrifood System outlines actions that every country can take ..read more
World Bank
1M ago
Global commodity prices are leveling off after a steep descent that played a decisive role in whittling down overall inflation last year, which could make it harder for central banks to cut interest rates quickly, according to the World Bank’s latest Commodity Markets Outlook ..read more
World Bank
1M ago
Member States of the International Centre for Settlement of Investment Disputes (ICSID) have elected Martina Polasek as Secretary-General of ICSID ..read more
World Bank
1M ago
Despite their high potential to advance global prosperity, one-half of the world’s 75 most vulnerable countries are facing a widening income gap with the wealthiest economies for the first time in this century, a new World Bank report has found ..read more
World Bank
1M ago
The World Bank Group today announced an ambitious plan to support countries in delivering quality, affordable health services to 1.5 billion people by 2030. This is part of a larger global effort to provide a basic standard of care through every stage of a person’s life—infancy, childhood, adolescence, and adulthood ..read more
World Bank
1M ago
A coalition of ten MDBs today launched a new co-financing platform that will enable them to channel additional capital for development scale and impact ..read more
World Bank
1M ago
The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030 ..read more
World Bank
1M ago
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 ..read more