The World Bank
Recent News About The World Bank
-
World Bank approves $257 million for Lebanese water supply improvements
The World Bank's Board of Executive Directors has approved a $257.8 million financing package to enhance water supply services in the Greater Beirut and Mount Lebanon area.
-
Cabo Verde's new report outlines path for sustainable development amid climate challenges
PRAIA, January 15, 2025 – Cabo Verde is focusing on building resilience and accelerating a low-carbon transition as part of its sustainable development strategy.
-
Tonga's education system bolstered by $21 million funding boost
Thousands of students in Tonga are set to benefit from enhanced educational facilities and systems, as the Tonga Safe and Resilient Schools Project receives an additional US$21 million in funding.
-
Cabo Verde seeks transformation amid climate challenges with ambitious renewable goals
Cabo Verde, a small island nation in the Atlantic Ocean, is facing significant challenges due to climate change.
-
Report highlights challenges and opportunities in global educational technology integration
The global learning and skills crisis remains a significant challenge, with over half of 10-year-olds in low- and middle-income countries unable to read and understand age-appropriate texts.
-
World Bank provides $30 million grant for earthquake recovery in Vanuatu
The World Bank has announced a $30 million grant to aid Vanuatu's recovery following a 7.3 magnitude earthquake in December.
-
World Bank approves $20 million project for Guinea-Bissau's social services
The World Bank has approved a $20 million grant to enhance education, health, and social protection services in Guinea-Bissau.
-
Ethiopian women find economic empowerment through urban safety net project
A group of women and girls are actively participating in a handicraft training program at the General Wingate Technical and Vocational Education and Training center.
-
Report highlights barriers to Armenia's tech adoption
The adoption of digital technology by firms in Armenia has been evaluated in a report based on the Armenia ICT Survey conducted in 2023.
-
World Bank unveils new 10-year partnership framework for Pakistan
The World Bank Group's Boards of Executive Directors have approved a new Country Partnership Framework (CPF) for Pakistan, aiming to promote inclusive and sustainable development.
-
African leaders launch mission to electrify continent
For 600 million people in Africa, access to electricity remains a distant reality.
-
Education initiatives aim to close learning gaps in Salvador
A visit to the Iacy Vaz Fagundes school in Salvador, Brazil, highlights the educational challenges faced by vulnerable students.
-
World Bank funds projects for health services improvement in Sudan
The World Bank has approved two projects totaling $182 million to improve health services and provide emergency safety nets in Sudan.
-
World Bank official expresses optimism for Kosovo's progress toward 2025
Massimiliano Paolucci, the World Bank Country Manager for Kosovo and North Macedonia, expressed optimism for Kosovo's future in a recent op-ed.
-
Report explores financing climate action for transportation in developing nations
Transport plays a vital role in the development of nations, yet it is a significant source of greenhouse gas emissions.
-
Armenia's roadmap: transition from gas dependency to sustainable growth
The Country Climate and Development Report (CCDR) for Armenia provides an analysis of the country's climate and development challenges, offering a roadmap towards a cleaner environment, energy security, and economic resilience.
-
World Bank restructures accountability mechanism for improved efficiency
The World Bank's Board of Executive Directors has approved modifications to the structure of the organization's Accountability Mechanism.
-
World Bank supports Mozambique with rapid financing for crisis response
The Mozambique Contingent Emergency Response Project (CERP) serves as an Investment Project Financing (IPF), allowing emergency response expenditures to be funded through the Rapid Response Option (RRO).
-
World Bank issues EUR 3 Billion sustainable development bond maturing in January 2035
The World Bank has successfully returned to the euro market with a 10-year sustainable development bond, raising EUR 3 billion.
-
Japan Social Development Fund celebrates quarter-century milestone
In 2025, the Japan Social Development Fund (JSDF) commemorates its 25th anniversary.