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.

Ending poverty on a livable planet requires all countries to enhance the resilience and adaptation of their people and economies to the impacts of climate change, while also reducing greenhouse gas ...

BAKU, November 12, 2024—The World Bank Group has expanded its lifeline to countries struggling to rebuild from disasters, allowing small, vulnerable states to postpone loan and interest repayments ...

The Government of Poland has pledged to increase its contribution to the World Bank’s IDA by 100% compared to its previous IDA contributions, demonstrating its continued dedication to international ...

However, a new report from the World Bank Group outlines how faster development and sustainable economic growth can reduce climate change-related economic and quality of life losses.

Description: Discover how the International Development Association (IDA) is making a positive impact across Eastern and Southern Africa, from expanding education in the Democratic Republic of Congo ...

WASHINGTON, October 31, 2024—The World Bank announced today that a new private sector development program in the amount of $593 million will launch in Ukraine to support 20,000 small and medium-sized ...

Washington, October 31, 2024 — Yemen’s economy continues to confront deepening challenges as prolonged conflict, political fragmentation, and escalating regional tensions drive the country into an ...

APIA, November 1, 2024 – A new US$20.05 million World Bank grant to support the Digitally Connected and Resilient Samoa Project is expected to benefit an estimated 215,000 Samoans by increasing access ...

We talked to Gloria Reyes, director of Supérate, the social protection program in the Dominican Republic, about the Emergency Bonus, an initiative that helped thousands of Dominicans in one of the ...

Migration is an ongoing development challenge in Europe and Central Asia (ECA), which is currently home to 100 million migrants, accounting for one-third of the world’s migration population. Driven by ...