In 2023, carbon pricing revenues reached a record $104 billion, according to the World Bank’s annual “State and Trends of ...

Donors are set to announce their pledges for the International Development Association (IDA) 21st replenishment cycle in Seoul, Korea in December 2024. The pledging meeting is a vital opportunity to ...

Europe faces losses and destruction from climate-related disasters as the continent is warming faster than any other region in the world. In the context of many priorities and limited funds, focused ...

WASHINGTON, D.C., May 15, 2024 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced the first CHF digital bond by an international issuer, which will settle ...

Did you know that nearly 60% of the waste in Dar es Salaam, Tanzania is food waste? It ends up in waste disposal sites where it produces methane, a potent greenhouse gas whose reduction is critically ...

In late 1981, the legendary urban design expert Allan B. Jacobs was walking along a road in Tangshan, China, visiting a new housing development when he noticed improvised, hand-made grates covering ...

Global aid architecture has transformed significantly in the last two decades, with Official Financial Flows (OFF) increasing and benefiting low-income countries. However, this led to a complex and ...

The World Bank and Jordan’s new Country Partnership Framework will support implementation of the country’s 10-year economic modernization plan The CPF will help to increase private sector jobs, ...

Growth is projected to stabilize at 6.2% between 2024 and 2026, averaging 3.5% per capita, driven by investment and the expansion of the Glo-Djigbé Industrial Zone (GDIZ). Fiscal consolidation efforts ...

What is the Roads and Bridges in the Refugee Hosting Districts/Koboko-Yumbe-Moyo Road Corridor Project? What does it aim to achieve? The World Bank approved financing of the Roads and Bridges in the ...