COVID-19 Drives Sub-Saharan Africa Toward First Recession in 25 Years
Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall sharply from 2.4% in 2019 to...
Coronavirus-driven debt crisis threatens poor countries already at risk
As governments struggle to cope with the COVID-19 pandemic, billions of people living in countries teetering on the brink of economic collapse are being...
Renewables Account for Almost Three Quarters of New Capacity in 2019
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018....
South Sudan Economic Analysis Shows Growth Promise Amid Fragility
After a four-year contraction, South Sudan’s economy appears to be recovering and reached 3.2 percent in FY18/19. However, according to the World Bank’s latest...
Less Than Half Pay for Media, News and Entertainment, But Willingness to Pay Is Rising
Less than half of consumers pay for media, with 16% paying for news and 44% paying for entertainment – but a willingness to pay...
East Asia and Pacific: Countries Must Act Now to Mitigate Economic Shock of COVID-19
The virus that triggered a supply shock in China has now caused a global shock. Developing economies in East Asia and the Pacific (EAP),...
‘Concerted efforts’ needed to meet 2030 Global Goals in Asia-Pacific region
Action to reverse the depletion and degradation of the
environment across Asia and the Pacific is a top priority if the region is to
stay on...
Mongolia Poverty Update: Report
The National Statistics Office
of Mongolia (NSO) and the World Bank today launched a new joint poverty report,
Mongolia Poverty Update, which draws on the 2018...
Wastewater A Resource that Can Pay Dividends for People, the Environment, and Economies
The world’s wastewater – 80
percent of which is released into the environment without adequate treatment –
is a valuable resource from which clean water, energy,...
WEF Releases Framework to Help Business Identify ESG Factors for Long-Term Resilience
Building a resilient business is increasingly dependent on preparing for
the impact of non-financial factors, including those related to environmental,
social and governance (ESG) issues. As...