Washington, October 31, 2024—1.2 billion people face life-changing risks through exposure to at least one critical climate hazard, such as heatwaves, flooding, hurricanes, and drought. However, a new ...

The World Bank Group’s journey to become a better, bigger, and more effective Bank has advanced at a rapid pace. That progress—and a new focus and ambition on jobs—was on full display at the Annual ...

It is a privilege to stand before you at the convergence of two important moments for the World Bank Group: - A moment to celebrate what we have achieved in 80 years and reflect on the lessons we have ...

Japan signed a $1 billion portfolio guarantee agreement on Friday that will scale up financing from the International Bank for Reconstruction and Development for projects that address global ...

Spain has announced an early financial commitment of €400 million to the International Development Association, the World Bank’s fund for low-income countries. This is a 37% increase compared to the ...

New targets will focus on use of broadband, social protection, and access to capital as part of the Gender Strategy, which is ...

The World Bank Group today announced a strategic pivot in its approach to agribusiness with a goal to create a comprehensive ecosystem for the industry. The shift will combine a new way of working ...