The global economy has stabilized, but developing economies still face a tougher slog ahead. As countries work to promote growth and drive sustainable development, one key piece to success is ...

The World Bank updated the global poverty lines in September 2022. The decision, announced in May, follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert ...

TOKYO, June 1, 2026 — World Bank Group President Ajay Banga and Minister of Finance of Japan Satsuki Katayama today agreed to strengthen collaboration on helping developing countries build more ...

In response to a widespread and worsening water crisis, countries in the Middle East and North Africa (MENA) are taking strong steps to ensure a water-secure future for their citizens. In the process, ...

The Heads of the International Energy Agency, International Monetary Fund, World Bank Group and World Trade Organization met on May 28 as part of the high-level coordination group established in April ...

Water drives over half of Mozambique's economy, 90% of exports, and 84% of jobs—yet floods and droughts cost 6.7% of GDP each year. A new World Bank Water Security Diagnostic and the ProAguas Compact ...

The World Bank Group has seen an increase in the volume and sophistication of scams using names of the institutions of the World Bank Group (IBRD, IDA, IFC, MIGA, ICSID), its individual/group logos ...

How is climate change affecting global food security today and what can we expect in the future? We asked William R. Sutton, Global Lead for Climate Smart Agriculture for the World Bank, to explain ...

More than 45 percent of tourists to Nepal visit the country’s wealth of natural resources, including snow-capped mountains, abundant rivers, and sub-tropical forests. The country’s significant ...

Over the past decade, the African Centers of Excellence (ACE) have trained thousands of students in key fields such as health, agriculture, digital technology, energy, and the environment. But behind ...

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Sustained poverty reduction requires that households not only make income and welfare gains, but that they are also protected from shocks and setbacks – including extreme weather events. These events ...