Friday 22 September 2023

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World Bank takes steps to encourage private investment in emerging markets

The World Bank Group has intensified its focus on the private sector by launching an effort to scale investment in emerging markets.

Aquifers can be valued, harnessed and protected says new study

Free to use platform spans Belize, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama and the Dominican Republic.

World Bank names Ajay Banga as its new president

Following a selection process and interview, Ajay Banga has been selected as the 14th president of the World Bank.

Ukraine reconstruction cost grows to €383bn, says World Bank, EU and...

A new joint assessment released by Ukraine and international partners reveals reconstruction costs following one year of invasion by Russia. 

Gender equality progress is stagnating, says World Bank report

With women still banned from many infrastructure roles, a new World Bank report suggests that progress towards equal treatment has slumped to a 20-year low.

International development transparency gap revealed in new index

The first ever transparency index of international development operations reveals big gap between public finance (Sovereign) transparency and private-focused funding.

World Bank underpins social and environmental risk with procurement rules

Tesfaalem Gebreiyesus, lead procurement specialist at the World Bank, set out the bank’s approach. 

World Bank: Income distribution better than energy subsidies

In a comprehensive analysis of growth in East Asia and the Pacific, the World Bank has warned that policy responses to distortions in food and energy markets may reduce funding for infrastructure, health and education.

Multilateral development banks top aid transparency rankings

The 2022 Aid Transparency Index reports a gradual improvement across many organisations as it names the AfDB, World Bank, ADB and IDB the most transparent. 

World Bank: $30m investment in Marshall Island climate resilience

New project will improve climate resilience and safety of densely populated urban areas amid severe risks from climate change. 
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