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.

Investing in health drives job creation and economic growth, highlighting its pivotal role in building resilient societies and fostering prosperity.

Over the past decade, the African Centers of Excellence (ACE) have trained thousands of students in key fields such as health, agriculture, digital technology, energy, and the environment. But behind ...

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, ...

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 ...

Global gas flaring increased by 9 billion cubic meters (bcm) in 2023, reaching 148 bcm, the highest level since 2019. The top ...

Discover how IDA is helping expand access to clean, safe water across Central Asia through projects in the Kyrgyz Republic, Tajikistan, and Uzbekistan.

Reconstruction and recovery needs in Gaza are estimated to require $53 billion, according to the Gaza & West Bank Interim Rapid Damage and Needs Assessment (IRDNA).

YANGON, December 11, 2024 —Natural disasters, ongoing conflict, and widespread shortages of basic commodities have hit Myanmar's economy hard, while the economic outlook remains bleak. According to ...

Lebanon's real GDP growth has been cut by an estimated 6.6% in 2024 as a result of the conflict, bringing the cumulative decline in real GDP since 2019 to more than 38% by the end of the year, ...

Education systems can empower, equip, and skill young people for climate mitigation and adaptation. But there is also an urgent need to adapt education systems for climate change. This report explains ...