The World Bank Group today announced the appointment of Tsutomu Yamamoto as Managing Director of the Multilateral Investment Guarantee Agency (MIGA), home of the World Bank Group Guarantee Platform.

Global gas flaring rose to its highest level since 2007, wasting $63 billion in energy and emitting 389 million tonnes of ...

In 2024, Belize, a small Caribbean country grappling with increasing climate risks that strain its economy, gained access to ...

In the heart of the Pacific Ocean, on a narrow atoll barely rising above the sea, sits one of the most remarkable pieces of infrastructure in the world, not because it is the largest, or the busiest, ...

Investing in health drives job creation and economic growth, highlighting its pivotal role in building resilient societies and fostering prosperity.

The World Bank is strengthening its procurement requirements to help address the jobs challenge in developing countries by requiring companies working on World Bank-funded projects to include local ...

The GovTech Maturity Index (GTMI) is part of the GovTech Initiative to measure maturity in four focus areas: supporting core government systems, enhancing service delivery, mainstreaming citizen ...

The World Bank In Cambodia Over the two decades before COVID-19 struck in 2020, Cambodia blossomed economically. Having reached lower middle-income status in 2015, it set its signs on attaining upper ...

Sub-Saharan Africa is the world’s second most unequal region after Latin America, with deep-seated structural sources of inequality not only limiting poverty reduction, but growth itself. The report, ...

Social protection, labor & employment systems help poor and vulnerable people cope with crises and shocks, find jobs, invest in the health and education of their children, and protect the aging ...

As differences in price levels across the world evolve, the global poverty line has to be periodically updated to reflect these changes. Since 2015, the last update, we have used $1.90 as the global ...