The World Bank
Recent News About The World Bank
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Debt-for-development swaps: A solution for countries struggling with high debts
Countries facing high debt levels often struggle to invest in crucial sectors such as education, healthcare, and climate action.
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World Bank launches 'Mission 300' aiming electrification for millions in Africa
As global leaders convene at COP29 in Baku, a significant focus for Africa is the acceleration of access to reliable and sustainable electricity.
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Small grants empower indigenous communities in Cambodia
Ethnic villages in northern Cambodia are benefiting from grants provided by the World Bank and Japan Social Development Fund, which aim to support local livelihoods.
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World Bank funds $660M project for low-carbon rail expansion in Türkiye
The World Bank has approved $660 million in financing to aid Türkiye in expanding its electric rail transportation.
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World Bank amplifies efforts towards climate-smart agriculture
The World Bank is intensifying its focus on climate-smart agriculture, a sector that combines reducing emissions, enhancing resilience, and boosting productivity.
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Himachal Pradesh boosts apple cultivation with international support
India's northern state of Himachal Pradesh, known as the "Apple State," has long relied on apple cultivation as a vital part of its economy.
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World Bank raises $24B through record-breaking IDA replenishment
The World Bank Group has announced the successful 21st replenishment of the International Development Association (IDA), raising $24 billion in donor contributions.
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World Bank funds $250M project for Türkiye's public health emergency readiness
The World Bank has approved a $250 million financing package aimed at enhancing Türkiye's preparedness for public health emergencies.
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Solomon Islands strengthens rural healthcare with new infrastructure investments
New boats have arrived in Kia Village, Solomon Islands, capturing the attention of local children.
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Uzbekistan tackles environmental disaster with ambitious landscape restoration
In Central Asia, the Aralkum Desert stands as a stark reminder of severe environmental mismanagement.
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Gender equality efforts see progress amid persistent challenges in Central Asia
Globally, gender-based violence (GBV) remains a critical issue, with one woman or girl being killed every 10 minutes.
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Refugees drive local development through agriculture and healthcare initiatives in Burundi
The presence of refugees in Burundi has been instrumental in fostering local development, turning challenges into opportunities for growth.
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World Bank urges Montenegro to invest $5.7 billion for climate resilience
Montenegro is presented with an opportunity to enhance its resilience to climate change while promoting sustainable economic growth, according to the World Bank Group's Country Climate and Development Report for Montenegro.
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World Bank supports Montenegro's move towards low-carbon economy
The World Bank Group has approved a €31.0 million loan to aid Montenegro in decarbonizing its energy sector and moving towards a low-carbon economy.
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World Bank urges Central African Republic to tackle climate challenges
BANGUI, December 4, 2024 - The World Bank has released a report urging the Central African Republic (CAR) to enhance resilience against climate change and reduce poverty.
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IDA21 meeting emphasizes collaboration amid global challenges
A significant gathering took place as Axel van Trotsenburg delivered opening remarks at the IDA21 Final Replenishment Meeting.
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World Bank approves $200M funding to enhance Costa Rican education
The World Bank's Board of Executive Directors has approved new funding to support Costa Rica in enhancing foundational learning, digital competencies, and employability skills for students in public primary and secondary schools.
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World Bank reports on CAR's economic stagnation amid security challenges
The World Bank has released a report highlighting the stagnant state of the Central African Republic's economy, with GDP growth projected at 0.7% for 2024.
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Montenegro faces urgent need for investment in climate resilience
Montenegro is facing serious climate challenges, including frequent floods, earthquakes, landslides, and increasingly severe droughts, wildfires, and heatwaves.
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World Bank report shows modest growth in Afghan economy amid persistent challenges
The Afghan economy is experiencing moderate growth, but challenges persist, according to the World Bank's latest Afghanistan Development Update.