Today, the World Bank Board of Directors approved $150 million in financing to improve access to modern energy for households, enterprises, and public institutions in Rwanda and to enhance the...
Today, the World Bank Group Board of Executive Directors discussed a new five-year Country Partnership Framework to support the Central African Republic for FY21-FY25. A $50-million grant from the International Development Association (IDA)* was...
The World Bank is supporting several key initiatives in Haiti to mitigate the impact of the COVID-19 pandemic. In addition to emergency health financing, support is...
Productivity growth, a force that has contributed to lifting millions of people out of poverty in developing countries, will need substantial support from policymakers if it...
The World Bank today published a guide outlining the processes that financial regulators can use to develop a green taxonomy. The publication Developing a National Green...
The World Bank and the Government of India today signed the $750 million agreement for the MSME Emergency Response Program to support increased flow of finance into...
The World Bank Board of Executive Directors approved today a $43 million grant from the International Development Association (IDA)* for The Gambia’s Electricity Restoration and Modernisation Project (GERMP). The additional financing was made available through reallocation of...
Digital technologies – the internet and other tools to collect and share information digitally – are spreading rapidly. The share of world population using the internet...
Climate finance can become significantly more transformative by addressing systemic barriers to low carbon and climate resilient investments, according to a new World Bank report. Although...
The coronavirus (COVID-19) pandemic and the economic shutdowns are dealing a severe blow to the global economy and especially poorer countries. Developing countries and the international...
