Finance

“Stakeholder Capitalism” Making the Case for a Global Economy that Works for Progress

Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, and author of the best-selling books “The Fourth Industrial Revolution” and “COVID-19: The...

Climate-Action Partnership to Help Transform Heavy Industry and Transport

The Mission Possible Partnership, a new coalition formed to accelerate the decarbonization of global industries representing 30% of global emissions, launched today at the...

Central Asia’s Regional Multi-Peril Risk Assessment Initiative Moves Forward

In continuing efforts to reduce the adverse impacts of natural disasters in Central Asia, the World Bank, together with partners, is launching a unique...

Economic Inclusion Programs Now Benefit 92 Million People Worldwide

Economic inclusion programs, which help boost income and assets of the world’s poorest, are on the rise in 75 countries, reaching approximately 20 million...

Global Business Leaders Committing to Stakeholder Capitalism Metrics

A growing coalition of 61 top business leaders across industries announced today their commitment to the Stakeholder Capitalism Metrics, a set of environmental, social...

Calls for Collaboration and Rebuilding Trust Set Tone for The Davos Agenda

Setting the tone for the meeting, the key themes of the first day of the World Economic Forum Davos Agenda 2021 proved to be...

COVID’s led to ‘massive’ income and productivity losses

Job losses or reduced working hours due to the impact of the COVID-19 pandemic cost the world the equivalent of 255 million jobs in...

Pandemic disruption to learning is an opportunity to reimagine, revitalize education

To mark the third International Day of Education on Sunday, UN Secretary-General António Guterres paid tribute to the resilience of students, teachers and families...

Xi Jinping’s Speech at Davos Agenda is Historic Opportunity for Collaboration

Chinese President Xi Jinping called for both greater global efforts in the fight against an unprecedented public health crisis and a renewed commitment to...

World Bank and EU to Help Iraq Strengthen Public Financial Management Oversight

The Government of Iraq, the World Bank Group, and the European Union signed today a grant agreement aimed at strengthening the Government of Iraq’s...

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