An estimated 36 percent of the very poor escaped extreme poverty because of social safety nets, providing clear evidence that social safety net programs are making a substantial impact in the global fight against poverty.
A new World Bank report projects climate change could cause over 85 million “internal climate migrants” in Sub-Saharan Africa,
A new World Bank report has found that by 2050 the worsening impacts of climate change in three densely populated regions of the world could see more than 140 million people move within their countries’ borders. According to the Groundswell… Read More ›
BY HAISHAN FU, Courtesy of the World Bank Development work is getting more technologically sophisticated by the day. The World Bank’s Information and Technology Solutions (ITS) department recently started an Artificial Intelligence (AI) Initiative. At the launch event, we explored the role of… Read More ›
At least half of the world’s population cannot obtain essential health services, according to a new report from the World Bank and the World Health Organization. And each year, large numbers of households are being pushed into poverty because they… Read More ›
As a global multilateral development institution, the World Bank Group is continuing to transform its own operations in recognition of a rapidly changing world. To align its support to countries to meet their Paris goals: The World Bank Group… Read More ›
Global growth has strengthened over the past year, with a recovery in investment, trade, and commodity prices amid supportive global financial conditions. Still, downside risks remain, and prospects for growth vary widely across countries. The World Bank Group is uniquely positioned… Read More ›
By Ahmed Sahid Nasralla (De Monk) World Bank Senior Director for Social Protection, Arup Banerji, has cautioned that monies distributed to poor people from the Social Safety Net (SSN) project are not handouts but investments. “This project is an effort… Read More ›