Economic inclusion programs—which provide cash transfers, skills training, business capital, coaching, and market access—reach only 10% of the approximately 700 million people living in extreme ...

Discover how people are at the center of climate change risks, but also at the core of adaptation and mitigation solutions.

Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.

RIO DE JANEIRO, 18 November, 2024—The Republic of Korea has announced a 45% increase in its contribution to the World Bank’s International Development Association (IDA). Korea contributed KRW 585 ...

The Fall 2024 World Bank Economic Update underlines Algeria's robust economic performance while highlighting the need for a comprehensive policy framework to diversify Algeria's exports for ...

When a disaster occurs, a country's financial obligations are triggered to repair the damage that has occurred. These obligations are called contingent liabilities. To understand more about the ...

The Kwenda Program, Angola's first cash transfer initiative, has greatly improved lives in rural communities. Supported by $320 million from the World Bank and $100 million from the Angolan Government ...

KATHMANDU, November 15—The South Asia Women in Power Sector Professional Network (WePOWER) Nepal National Chapter (NNC) was officially launched at the World Bank Country Office in Kathmandu on ...

The East Africa Girls' Empowerment and Resilience Program (EAGER) aims to address the challenges faced by 40 million girls out of school and 55 million underage brides, with men earning double women's ...

WASHINGTON, November 15, 2024 – The World Bank’s Board of Executive Directors approved today $650 million in financing support for the Transport Resilience and Connectivity Enhancement Project (TRACE) ...