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.

Climate change and food and nutrition insecurity pose two of the greatest development challenges of our time. Yet a more sustainable food system can not only heal the planet, but ensure food security ...

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 ...

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, ...

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

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 ...

World Development Report 2022: FINANCE for an Equitable RecoveryToday’s unprecedented growth of data and their ubiquity in our lives are signs that the data revolution is transforming the world. And ...

Jobs and Growth Jobs are the most reliable pathway out of poverty. Sustained and inclusive economic growth, driven by a productive private sector, creates more and better jobs and leads to increases ...

The International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) are two of the five institutions of the World Bank Group (WBG). Each institution ...

Latest news and information from the World Bank and its development work in Ukraine. Access Ukraine’s economy facts, statistics, project information, development research from experts and latest news.

Finance and Prosperity is an annual World Bank report that examines financial sector developments and vulnerabilities in low- and middle-income countries.