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.

In 2024, Belize, a small Caribbean country grappling with increasing climate risks that strain its economy, gained access to concessional financing from the World Bank’s International Development ...

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, ...

For years, Jamaica has been highly exposed to natural disasters, from hurricanes and floods to earthquakes and landslides.

Discover how closing the infrastructure gender gap in transport, digital connectivity, and energy can empower women, boost economies, and create equitable societies. The World Bank's initiatives like ...

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 ...

Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further ...

An updated joint Rapid Damage and Needs Assessment estimates that as of 31 December 2024, the total cost of reconstruction and recovery in Ukraine is $524 billion over the next decade.

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

The report “Shock Waves: Managing the Impacts of Climate Change on Poverty” commissioned 14 background papers in collaboration with research institutions across the globe to provide the report with ...

As differences in price levels across the world evolve, the global poverty line has to be periodically updated to reflect these changes. Since 2015, the last update, we have used $1.90 as the global ...