In 2023, carbon pricing revenues reached a record $104 billion, according to the World Bank’s annual “State and Trends of ...

Real GDP is projected to contract by 1.5% in 2024. As of 2022, poverty affects 69% of the population. Extreme poverty reached 27% up from a negligible level in 2009. BEIRUT, May 24, 2024 — More than a ...

Meriam Nemeriango, a teacher at Nuakwanapou Primary School in Vanuatu, stands in front of a World Bank supported school cyclone shelter. (C) Hamish Wyatt/World Bank Vanuatu faces some of the most ...

The Spring 2024 Algeria Economic Update underlines the country’s dynamic economic activity and slowing inflation while highlighting the importance of data in supporting Algeria’s efforts toward ...

Forests are disappearing at an alarming rate of 10 million hectares each year and about 12% of the world’s greenhouse gas emissions are attributed to deforestation and forest degradation. But nature ...

WASHINGTON, May 23, 2024 – The World Bank has issued its latest update on The Impact of the Conflict in the Middle East on the Palestinian Economy. The report draws on the latest available data and ...

One of out of every three Lebanese have fallen into poverty in 2022 BEIRUT, May 23, 2024 — Poverty in Lebanon has more than tripled over the past decade reaching 44% of the total population, according ...

WASHINGTON, May 24, 2024—The World Bank’s Board of Executive Directors approved today a $100 million concessional loan for Uzbekistan to implement the Innovative Social Protection System for Inclusion ...

Banjul, May 24, 2024 – The Gambia's economy has shown a remarkable resilience in the face of heightened global and regional uncertainties, according to The Gambia’s Fourth Economic Update – Spring ...

LUSAKA, May 21, 2024 — Communities in Zambia’s Eastern Province are set to reap the benefits of their efforts in forest conservation, climate-smart agriculture, and other activities such as fuel ...

A digital initiative like GEMS isn't just helping programs like WeCARE. It is helping Bangladesh to attain its upper middle-income vision.