Urgent Action Needed to Ensure a Resilient Energy Transition Amid Severe Global Challenges
A special report on the state of the global energy transition, released today by the World Economic Forum indicates that urgent action is required...
Better prevention and targeting of root causes needed to combat food crises
The number of people facing acute food insecurity, requiring urgent life-saving food assistance and livelihood support, continues to grow at an alarming rate, according...
A Decade of Stalled Progress on Reducing Global Gas Flaring
Ten countries account for three-quarters of gas flaring; ending flaring and methane emissions is key to the energy transition
Global progress to reduce gas flaring,...
Private equity firms can be catalysts to fighting climate change, here is how
New whitepaper, “Creating Value through Sustainability in Private Markets,” released by the World Economic Forum offers key steps the private equity industry can use...
Sub-Saharan African Growth Slows Amid Ongoing and New Economic Shocks
As the Sub-Saharan African economy struggles to recover from the 2020 recession induced by the COVID-19 (coronavirus) pandemic, the region now faces new economic...
World Bank forecasts uneven recovery in Middle East and North Africa
Economies in the Middle East and North Africa (MENA) region are expected to grow by 5.2% in 2022, the fastest rate since 2016, on...
Recovery in Latin America and the Caribbean Requires Urgent Reforms
Economies in Latin America and the Caribbean (LAC) are on track to recover from the COVID-19 crisis, but the scars of the pandemic remain...
Global Coordination Could Unlock more Efficient Trade
Emerging technologies, such as artificial intelligence, blockchain and distributed ledger technology, paired with international policy coordination could propel global trade and accelerate economic recovery,...
East Asia and Pacific Economic Recovery Faces Risks from the War in Ukraine
The war in Ukraine threatens the uneven recovery of developing East Asia and Pacific (EAP) countries from the COVID-19 shock, the World Bank said...
Afghanistan’s Private Sector Hit Hard by Political Crisis
The World Bank today released the findings of a Private Sector Rapid Survey assessing the impacts of the August 2021 political crisis on private...