A decade of renewable energy investment, led by solar, tops USD 2.5 trillion

Global investment in new renewable energy capacity over this decade — 2010 to 2019 inclusive — is on course to hit USD 2.6 trillion, with...

Somalia: Boosting Education Outcomes is Critical for Sustained and Inclusive Growth

Improving education outcomes of the younger generation is key for enhancing productivity, sustaining economic recovery, boosting inclusive growth and promoting poverty reduction in Somalia, says the 4th edition of the World Bank’s Somalia Economic Update (SEU). Titled Building Education to Boost Human Capital, the...

Afghanistan Launches Its National Financial Inclusion Strategy

Da Afghanistan Bank (Afghanistan's Central Bank) and the World Bank today launched the Afghanistan National Financial Inclusion Strategy and announced the conclusion of the National Risk Assessment for Money Laundering and Terrorism Financing.  The...

Unlocking the Potential of Industry 4.0 for Developing Countries

The United Nations Industrial Development Organization (UNIDO), together with the Indonesian Ministry of Industry and the Indonesian Ministry of Foreign Affairs officially presented the Report on...

Jobs Crisis Tops List of Risks for Africa’s Businesses

Executives in sub-Saharan Africa rate unemployment and underemployment as top risks for doing business in the region, followed by challenges related to governance, energy prices, infrastructure...

Governments must take further action to boost job opportunities at an older age

In the face of rapid population ageing, governments must promote more and better job opportunities at an older age to protect living standards and the sustainability...

Market capitalisation of Global Top 100 companies at record $21 trillion

The market capitalisation of the world’s 100 largest public companies has increased by $1,040bn (5%) in 12 months, according to PwC’s Global Top 100 ranking, released...

Water and Sanitation Subsidies Need to Better Benefit the Poor

Water and sanitation subsidies are disproportionately benefitting the better-off, according to a new report from the World Bank. The study finds that across a number of...

Canada has the most comprehensive and elaborate migration system, but some challenges remain

Canada has the largest and most comprehensive and elaborate skilled labour migration system in the OECD, according to a new OECD report. Recruiting Immigrant Workers: Canada 2019 finds...

Maintaining Economic Stability in Lao PDR

Economic growth in Lao PDR is projected to rebound to 6.5 percent in 2019, up from 6.3 percent in 2018. Growth is expected to be driven...

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