Myanmar: Power System Efficiency Project Brings Country Closer to Universal Electricity Access
The World Bank’s Board of Executive Directors today approved a $350 million credit from the International Development Association (IDA) to increase the output and...
The “High 5s”: A strategic vision and results that are transforming Africa
For the past ten years, Africa has recorded some of the world’s strongest rates of economic growth. At the same time, many African economies...
COVID-19 Epidemic Poses Greatest Threat to Cambodia’s Development in 30 Years
The COVID-19 pandemic is hitting Cambodia’s main drivers of economic growth—tourism, manufacturing exports, and construction—which together account for more than 70 percent of the...
UNWTO Launches Global Guidelines to Reopen Tourism
The World Tourism Organization (UNWTO) has released a set of guidelines to help tourism sector emerge stronger and more sustainably from COVID-19. The guidelines...
Local treasures: Nepal’s mountain crops drive biodiversity and economic growth
Remote mountainous regions of Nepal are harsh places in which to survive and make a living.
Economic, social and environmental challenges include lack of market...
COVID-19 Intensifies the Urgency to Expand Sustainable Energy Solutions Worldwide
Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by...
Vietnam’s Development Strategy for Next Decade Must Put Productivity Growth Front and Center
A productivity-driven development model–combining innovation with balanced development and allocation of private, public, human and natural capital–will be key for Vietnam to achieve its...
ADB Approves $400 Million Loan to Support Philippines’ Capital Market Development
The Asian Development Bank (ADB) has approved a $400 million policy-based loan to support the Philippine government’s efforts to strengthen domestic capital markets and...
Europe’s moment: Repair and prepare for the next generation
European Commission has put forward its proposal for a major recovery plan. To ensure the recovery is sustainable, even, inclusive and fair for all...
More than one in six young people out of work due to COVID-19
More than one in six young people have stopped working since the onset of the COVID-19 pandemic while those who remain employed have seen...