The World Bank
Recent News About The World Bank
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World Bank report suggests investment boost for Kosovo's climate resilience
Investing in climate resilience and transitioning from fossil fuels to renewable energy could significantly benefit Kosovo's economy and protect its citizens from natural hazards, according to a new report by the World Bank Group.
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World Bank approves $30 million aid for The Gambia's economic reforms
The World Bank Group has approved $30 million in financing from the International Development Association (IDA) to assist The Gambia in enhancing its productivity and economic governance.
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World Bank's Anna Bjerde outlines goals at IDA21 replenishment meeting
Seoul, Korea - December 5, 2024 At the conclusion of the IDA21 replenishment process, Anna Bjerde, World Bank Managing Director of Operations, addressed the meeting by expressing gratitude for the participants' dedication to aiding the world's...
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IDA secures $23.7 billion for development projects amid global challenges
The International Development Association (IDA) has announced a significant achievement with the successful completion of its 21st replenishment, securing $23.7 billion in donor contributions.
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Côte d'Ivoire transforms debt strategy with World Bank support
Côte d’Ivoire, once one of Africa's fastest-growing economies with an annual growth rate of 8% from 2012 to 2019, is taking steps to reshape its debt management strategies.
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Côte d'Ivoire's innovative debt swap prioritizes educational investment
Côte d’Ivoire is set to complete a debt-for-development swap with the assistance of the World Bank Group.
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World Bank announces record $100 billion replenishment for global development
The World Bank Group has announced a historic $100 billion replenishment for the International Development Association (IDA), highlighting a crucial step in global development efforts.
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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.