The WBG’s work on climate is and will remain firmly client driven, supporting them in delivering on their own ambitions as set out in their national plans and Nationally Determined Contributions (NDCs ...
Secure Access to Energy is Fundamental to Economic Growth and Job Creation Washington, D.C., June 23—Global gas flaring rose for the third consecutive year, surging to 167 billion cubic meters (bcm) ...
The latest Global Gas Flaring Tracker, an independent report of gas flaring worldwide, reveals that global gas flaring rose for the third consecutive year in 2025, reaching 167 billion cubic meters ...
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 ...
Resilient coastlines and healthy coastal ecosystems support millions of jobs across fisheries, tourism, ports, and aquaculture, but climate change, erosion, and ecosystem degradation are putting these ...
New global platform aligns country reforms, financing, and partnerships to scale delivery WASHINGTON, April 15, 2026—The World Bank Group, in partnership with multilateral development banks, ...
NEW DELHI, April 9, 2026 — Growth in India is projected at 6.6% in FY27, as higher energy prices caused by the Middle East conflict and supply chain disruptions weigh on economic activity. But even ...
WASHINGTON, April 8, 2026—Economic growth in the developing countries of Europe and Central Asia (ECA) is likely to slow substantially this year because of the impact of the conflict in the Middle ...
Findings highlight the expanding footprint of destruction and the increasing complexity in restoring systems essential for economic recovery and social well‑being KYIV, Ukraine, February 23, 2026—Four ...
Macroeconomic conditions have improved in 2025, with a more stable exchange rate and easing inflation. Growth is projected at 4.2% over the year, driven by tourism, transport, and steady expansion in ...
NAIROBI, November 24, 2025 — Kenya’s economy is projected to grow by an average 4.9% between 2025 and 2027, an increase from previous estimate. However, fiscal pressures are intensifying, with the ...