The World Bank
Recent News About The World Bank
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World Bank launches roadmap at COP28 targeting high-integrity carbon markets
The World Bank has launched the Carbon Markets Engagement Roadmap at COP28, aiming to expand high-integrity carbon markets and mobilize finance.
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Development banks announce increased climate finance goals at COP29
Multilateral development banks (MDBs) have announced plans to increase climate financing efforts at the COP29 summit in Baku.
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World Bank supports new fund addressing climate change loss
At the recent COP28 summit, the World Bank pledged to support the establishment of the Fund for Responding to Loss and Damage (FRLD) as a financial intermediary fund.
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World Bank introduces BCG+ model for sustainable development in Thailand
Thailand is facing significant climate change challenges, prompting the introduction of a new model to bolster its green agenda.
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World Bank increases commitment to climate finance at COP28
At the recent COP28 summit, the World Bank Group announced a significant increase in its climate finance allocation.
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World Bank supports Philippine digital transformation with $750 million loan
Digital transformation is crucial for the Philippines to achieve resilient and inclusive economic growth.
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Kwenda cash transfer program aids Angolan families in fighting poverty
The village of Seles in Kwanza Sul, Angola, faces cold mornings and foggy weather.
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Ethiopia's safety net program aids mother investing in children's future
Shemsi Adem faced numerous challenges following the death of her husband over 15 years ago.
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African leaders convene in Kigali to address learning crisis
Over 500 education leaders, including 28 ministers of education and representatives from 39 African countries, are gathering in Kigali, Rwanda, from November 11 to 13 for the Africa Foundational Learning Exchange (FLEX 2024).
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Malaysia explores balancing migration reduction with increased automation
Malaysia is working towards reducing its reliance on migrant workers as outlined in the 12th Malaysia Plan.
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Pacific Island countries engage in labor mobility exchange with Philippines
Representatives from Pacific Island countries recently visited the Philippines to participate in a Labor Mobility Study Visit and Knowledge Exchange.
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World Bank report urges Armenia towards sustainable growth through effective climate action
Armenia is facing significant challenges related to climate change, according to the World Bank Group's Armenia Country Climate and Development Report (CCDR).
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Business climate improvement focus: New indicators complement existing evaluations
The 2024 CPIA Africa report emphasizes the importance of policies and institutions in fostering private sector development across the continent.
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Central African Republic strengthens healthcare with targeted free services
Awa Prisca spent a restless night as her infant daughter, Maléyombo Mariana, suffered from a fever.
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Poland doubles contribution to World Bank fund supporting low-income nations
The Government of Poland has announced a significant increase in its contribution to the International Development Association (IDA), part of the World Bank.
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World Bank grants $30M to tackle non-communicable diseases in Tonga
The World Bank has approved a grant to assist Tonga in tackling the increasing issue of non-communicable diseases, such as diabetes and heart disease.
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World Bank highlights need for economic reforms amid Laos' unsustainable public debt
Economic growth in Laos has seen a slight improvement in 2024, but the country's public debt remains unsustainable, contributing to ongoing macroeconomic instability.
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World Bank supports Brazilian family farmers with $1.6 billion initiative
The World Bank Board of Directors has approved a significant initiative, the Transforming Brazil’s Agrifood System program.
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World Bank report highlights Armenia's trade challenges and opportunities
In October 2024, the World Bank published the Trade Competitiveness Diagnostic (TCD) report for Armenia.
