Global commodity prices are leveling off after a steep descent that played a decisive role in whittling down overall ...

In Half of IDA Countries, Income Gap with Wealthiest Economies is Widening WASHINGTON, April 15, 2024—Despite their high ...

New financial instruments designed to boost lending capacity and enable the World Bank Group to take on more risk for shared global challenges have received a significant endorsement. A set of 11 ...

WASHINGTON, April 18, 2024 —The World Bank Group today announced an ambitious plan to support countries in delivering quality, affordable health services to 1.5 billion people by 2030. This is part of ...

Development Committee members discussed the global macroeconomic and financial impact of current wars and conflicts including the war in Ukraine, the humanitarian crisis in Gaza, as well as the ...

The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.

The World Bank Group made a commitment to align all its financing operations with the goals of the Paris Agreement in its Climate Change Action Plan 2021-2025. The Paris Alignment of the Bank Group’s ...

Investment Project Financing (IPF) is used in all sectors, with a concentration in the infrastructure, human development, agriculture, and public administration sectors. IPF is focused on the medium ...

Makalé Cisse fills her buckets with water from her own tap installed at her home as part of a World Bank-financed project. Over 30,000 people benefited from improved safe water services in Greater ...

A coalition of ten MDBs today launched a new co-financing platform that will enable them to channel additional capital for development scale and impact.