The WBG’s work on climate is and will remain firmly client driven, supporting them in delivering on their own ambitions as set out in their national plans and Nationally Determined Contributions (NDCs ...
The latest Global Gas Flaring Tracker, an independent report of gas flaring worldwide, reveals that global gas flaring rose for the third consecutive year in 2025, reaching 167 billion cubic meters ...
Secure Access to Energy is Fundamental to Economic Growth and Job Creation Washington, D.C., June 23—Global gas flaring rose for the third consecutive year, surging to 167 billion cubic meters (bcm) ...
Mission 300 is now delivering electricity access at nearly double the pace recorded at the initiative's launch — proof that coordinated action can drive large-scale change CAPE TOWN, June 16, 2026 — ...
WASHINGTON, D.C., June 15, 2026—The World Bank Group, through the International Finance Corporation (IFC), has closed its second securitization transaction under the Emerging Markets Securitization ...
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 ...
NEW DELHI, October 3, 2023—India continues to show resilience against the backdrop of a challenging global environment, according to World Bank’s latest India Development Update (IDU). The IDU, the ...
Resilient coastlines and healthy coastal ecosystems support millions of jobs across fisheries, tourism, ports, and aquaculture, but climate change, erosion, and ecosystem degradation are putting these ...
New global platform aligns country reforms, financing, and partnerships to scale delivery WASHINGTON, April 15, 2026—The World Bank Group, in partnership with multilateral development banks, ...
A number of the World Bank Group’s clients in emerging markets have reached out to us as the conflict in the Middle East has started to impact commodity prices and logistics. We are working with ...
In Dédougou, a small city in western Burkina Faso, Fatimata Ouarme leads Sanigna. Her small enterprise of 15 workers transforms baobab fruit pulp—prized for its tangy flavor and rich nutritional value ...