Global value chains (GVCs) account for almost 50% of global trade today. Over the past 30 years, they have helped poor countries grow faster, lifting many out of poverty. Trade conflict and the lack ...

With support from an IDA-backed project, Maksat Kydyrzhan started a dumpling business in rural Kyrgyz Republic, creating ...

The World Bank updated the global poverty lines in September 2022. The decision, announced in May, follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert ...

In response to a widespread and worsening water crisis, countries in the Middle East and North Africa (MENA) are taking strong steps to ensure a water-secure future for their citizens. In the process, ...

What a Waste 2.0: A Global Snapshot of Solid Waste Management to 2050 Click here to download a PDF version of the infographic.

Too many education systems are not delivering even basic skills for all children, let alone preparing them for the demanding world they will live in as adults. Urgent action is needed to realize a new ...

The Cambodia Poverty Assessment 2022: Toward a More Inclusive and Resilient Cambodia shows the country has made remarkable progress in reducing poverty over the past decade, but that some recent gains ...

One of the key outcomes of the COP26 climate summit in Glasgow was the approval of Article 6 – the Paris Agreement’s rulebook governing carbon markets. How might Article 6 make a difference in the ...

Abuja, September 21, 2023 – The World Bank approved additional financing of $700 m for Nigeria to scale up the Adolescent Girls Initiative for Learning and Empowerment (AGILE) program whose goal is to ...

WASHINGTON, May 30, 2023 – The World Bank’s Board of Executive Directors today approved a new fisheries project in the Philippines that will positively impact over 1.15 million fisherfolk, ...

WASHINGTON, Sept. 19, 2018 Fewer people are living in extreme poverty around the world, but the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030 ...

A new World Bank report provides a first comprehensive review of global data for young people who were under the age of 25 during the pandemic. It shows that the COVID-19 pandemic disrupted human ...