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 billion in IDA20 and has committed to ...

RIO DE JANEIRO, 18 November 2024 — In a significant move to bolster global development efforts, Norway has announced its early pledge to the International Development Association (IDA) during the 19th ...

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.

Access to electricity is foundational to any successful development effort. Yet nearly 600 million Africans lack access to electricity, creating significant barriers to health care, education, ...

WASHINGTON, November 14, 2024 – The cost of physical damages and economic losses due to the conflict in Lebanon is estimated at US$8.5 billion, according to a new World Bank report that provides an ...

Kigali, Rwanda – November 13, 2024 – Today, the Government of Rwanda and the World Bank launched the Rwanda Country Economic Memorandum (CEM), titled “Pathways to Sustainable and Inclusive Growth in ...

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 ...

More than 5,000 young people with little or no education have found jobs thanks to the partnership between the National Employment Agency (ANPE) and the management company of the Glo-Djigbé industrial ...

This session will bring together senior ministers, private investors, and the World Bank Group to discuss how countries can harness reforms and mobilize public and private investments for energy and ...

TUNIS, November 12, 2024 — Tunisia's economy experienced a 0.6% growth in the first half of 2024, a limited increase of its performance in 2023, according to the latest edition of the World Bank’s ...