News

More adults than ever in low- and middle-income countries now have bank or other financial accounts, leading to a rise in formal saving, according to the World Bank Group’s Global Findex 2025 report.
The World Bank's annual Country Policy and Institutional Assessment (CPIA) Report has been a guide for countries, ...
Two-thirds of the world’s energy is wasted. Energy efficiency opens up immense opportunities for growth, energy security, and the environment. Energy efficiency is a key element of the World Bank ...
The project started in 2021 to contain the COVID-19 pandemic upgraded the country’s lab capabilities and significantly helped ...
Digitalization is a transformative force that can drive productivity-led growth and enhance the efficiency of critical ...
Fifty-eight-year-old widow Arza Parveen wasted no time building a life of resilience and independence after her husband was injured in war. Her family was left without financial support. With a ...
The Joint MDB Water Security Financing Report 2024 marks a milestone in collective action by ten Multilateral Development Banks (MDBs) to strengthen global water security. Building on commitments made ...
The Mexico Energy Efficiency in Public Facilities (PRESEMEH) project, which was approved in 2016 and closed in 2023, promoted the efficient use of energy in Mexican municipalities and hospitals ...
Hosted by the Vienna Development Knowledge Center, the June 2-5 Technical Deep Dive on Urban Space, Mobility and ...
Insurance could play a greater role in managing the financial impact of natural disasters. Insurance can offer financial protection against damage to physical assets and lessen impacts on economic ...
Effective May 12, 2025, the arrears of approximately $15.5 million due to the International Development Association (IDA) by the Syrian Arab Republic have been cleared.
The World Bank and Italy today signed an agreement to advance sustainable development in Africa, complementing the country’s recent contributions to multilateral development and increasing its ...