The World Bank Group today announced the appointment of Tsutomu Yamamoto as Managing Director of the Multilateral Investment Guarantee Agency (MIGA), home of the World Bank Group Guarantee Platform.

The Poverty and Shared Prosperity series provides a global audience with the latest and most accurate estimates on trends in global poverty and shared prosperity.

Sub-Saharan Africa is the world’s second most unequal region after Latin America, with deep-seated structural sources of inequality not only limiting poverty reduction, but growth itself. The report, ...

Climate change and food and nutrition insecurity pose two of the greatest development challenges of our time. Yet a more sustainable food system can not only heal the planet, but ensure food security ...

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Country Partnership Framework for IndiaIndia is in a period of unprecedented opportunity, challenge and ambition in its development. The country’s extreme poverty rate has fallen from 46 percent to 21 ...

Over the past decade, the African Centers of Excellence (ACE) have trained thousands of students in key fields such as health, agriculture, digital technology, energy, and the environment. But behind ...

In the heart of the Pacific Ocean, on a narrow atoll barely rising above the sea, sits one of the most remarkable pieces of infrastructure in the world, not because it is the largest, or the busiest, ...

In 2024, Belize, a small Caribbean country grappling with increasing climate risks that strain its economy, gained access to concessional financing from the World Bank’s International Development ...

For years, Jamaica has been highly exposed to natural disasters, from hurricanes and floods to earthquakes and landslides.

The World Bank Board of Directors approved a new operation to support the green hydrogen strategy of Companhia de Desenvolvimento do Complexo Industrial e Portuário do Pecém (Pecém Industrial and Port ...

The International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) are two of the five institutions of the World Bank Group (WBG). Each institution ...