The World Bank
Recent News About The World Bank
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World Bank outlines five strategies to reduce poverty and regional gaps in Colombia
Colombia continues to face significant territorial disparities, with regions such as Tumaco experiencing high levels of poverty despite the efforts of local communities and authorities.
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ASEAN launches initiative for $800 billion regional renewable energy grid
The ASEAN Power Grid Financing (APGF) Initiative has been launched as a regional strategy to develop an integrated electricity transmission network across Southeast Asia.
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World Bank report highlights Congo Basin forest value and need for strategic investment
The World Bank has released a new report showing that the Congo Basin’s forests, which stretch across six countries in Central Africa, have seen their ecosystem service value nearly double over the past two decades.
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Jobs remain key to reducing poverty in Central America and the Dominican Republic
Poverty continues to affect a significant portion of the population in Central America and the Dominican Republic, despite some progress in recent years.
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World Bank report warns of rising urban heat risks in Latin America and the Caribbean
Latin America and the Caribbean are experiencing rising temperatures and more frequent heatwaves, according to a new report from the World Bank.
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Dominican Republic sees continued decline in poverty rates driven by job creation
The International Day for the Eradication of Poverty on October 17 serves as a time to reflect on global and national efforts to reduce inequality.
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World Bank report highlights challenges facing Pakistan's efforts against poverty
Pakistan has made notable progress in reducing poverty over the past two decades, but recent setbacks have slowed this momentum and exposed enduring challenges.
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Paraguay unveils detailed poverty map with World Bank support
Paraguay has made significant progress in reducing poverty over the past two decades, with poverty rates dropping by more than 30 percentage points between 2003 and 2024.
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Africa’s mineral resources highlighted as key to clean energy transition
Africa is becoming increasingly important in the global shift toward clean energy and advanced technologies due to its wealth of mineral resources.
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IDA supports job creation and skills development for Africa's growing youth population
Africa is facing a significant demographic shift, with almost 500 million people expected to join the workforce by 2035.
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World Bank-backed PROLAC project supports recovery across Lake Chad Basin
Under the midday sun in Kouloudia Sub-Prefecture, Chad, Achta, a farmer and member of a women producers’ group, prepares millet grain for her family.
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World Bank estimates $183 million in damages from August earthquake in eastern Afghanistan
The World Bank Group has released a new report estimating that the 6.0 magnitude earthquake which struck eastern Afghanistan on August 31 caused approximately $183 million in direct physical damages to buildings and infrastructure.
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World Bank-backed programs expand clean water access for millions across Ethiopia
Since 2014, the World Bank has played a significant role in supporting Ethiopia’s efforts to expand access to water, sanitation, and hygiene (WASH) services.
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World Bank approves $280 million loan for Kerala's healthcare improvement program
The World Bank has approved a $280 million program aimed at improving health coverage and building more resilient health systems for 11 million elderly and vulnerable people in Kerala, India.
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Guinea sees economic boost as World Bank-backed power project brings stable electricity
In Boké, a mining city in Guinea located 171 kilometers from Conakry, residents and business owners are experiencing the effects of reliable electricity for the first time in years.
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World Bank approves $7.9 million grant for ecosystem restoration in Moldova
The World Bank’s Board of Executive Directors has approved a grant of $7.9 million for Moldova to support the Restoring Ecosystems for Marine Pollution Prevention Project (RE-MAP).
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World Bank-backed initiatives help Haitian farmers boost food security through sustainable land management
Haiti, the poorest country in Latin America and the Caribbean, has faced long-standing challenges related to extreme rural poverty and food insecurity.
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Partial Credit Guarantee Fund supports Ukrainian smallholder farmers amid conflict
Volodymyr Bugai, a farmer in Ukraine’s Mykolaiv region, faced significant challenges after his fields were occupied for nine months during the early stages of Russia’s invasion.
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World Bank event discusses strategies for scaling up support for women entrepreneurs
In Sub-Saharan Africa, more than 80 percent of women are self-employed, managing businesses that range from agriculture to technology and creative industries.
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World Bank raises $5 billion through benchmark bond as investor demand surpasses $11 billion
The World Bank has issued a USD 5 billion benchmark bond maturing in October 2030, attracting over USD 11 billion in orders from more than 165 investors.