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 ...

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 ...

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 ...

The Decentralization and Development of Intermediate Productive Cities Project (MOUDOUN) supported by the International Development Association (IDA) aims to support the government's efforts to make ...

WASHINGTON, May 14, 2024—New World Bank data finds that private infrastructure investment in low- and middle-income countries totaled $86 billion in 2023. Investments declined 5% compared with 2022, ...