The World Bank

The World Bank, part of the World Bank Group, plays a crucial role in offering financial and technical support to nations in need. Our goal is to combat poverty with dedication and expertise, ensuring sustainable outcomes. We empower individuals and communities by supplying resources, sharing knowledge, enhancing skills, and creating partnerships in both public and private sectors. Unlike a traditional bank, we consist of two distinct development institutions, owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

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Disaster Risk Finance Academy: Affordable Disaster Risk Insurance through Public-Private Partnerships

1 month ago | worldbank.org

Across the developing world, nearly one in five people are at risk of climate disasters from which they will not fully recover. Access to insurance remains low in many countries, leaving billions of people without adequate protection. In developing countries, only about 10 percent of the direct economic costs of natural hazards are insured. Neither governments nor private industry alone is well-equipped to deal with growing disaster losses. Public-private partnerships are necessary for sustainable insurance markets and affordable solutions. Public-private insurance partnerships (PPIPs) bring together private capital, expertise, relationships and innovation, with public sector data, regulation, education, and risk sharing to ensure that those at risk have access to insurance products which provide adequate protection against disasters.
Energizing Rwanda’s Development: Opportunities and Strategies for Catalyzing Productive Use of Energy

2 months ago | worldbank.org

Rwanda, one of Sub-Saharan Africa's fastest-growing economies, holds untapped potential to energize its development by leveraging productive use of energy (PUE). A recent World Bank report, Energizing Rwanda’s Development: Opportunities and Strategies for Catalyzing Productive Use of Energy, highlights how strategic adoption of modern energy technologies could drive exponential productivity and economic growth. ‘
Private Sector Investment Lab

2 months ago | worldbank.org

The Lab is a collaborative initiative between the World Bank Group and Chief Executive Officers of leading global private sector institutions to develop specific approaches that can be implemented and scaled by the World Bank to mobilize private capital more effectively, for development priorities that must be addressed to achieve a world free of poverty on a livable planet.
Unpacking The New UN Cybercrime Convention

2 months ago | worldbank.org

On 24 December 2024, the General Assembly of the United Nations adopted a new Convention Against Cybercrime. How will it shape the future of cyber resilience? Join the World Bank and experts from international organizations for a webinar exploring the impact of the new Convention for developing countries, including its implications for digital transformation and capacity building. The discussion will also examine how the Convention interacts with existing international legal frameworks against cybercrime, such as the Budapest Convention and the Malabo Convention.
How the Gap Fund supported the design of green, resilient, and affordable homes in Indonesia

Dec 13, 2024 | worldbank.org

Read how the Gap Fund helped to shape the future of planning and investment in green and energy-efficient homes across Indonesia.
World Bank Group - International Development, Poverty and Sustainability

Oct 17, 2024 | worldbank.org

With 189 member countries, the World Bank Group is a unique global partnership fighting poverty worldwide through sustainable solutions.
Gender-based Violence (GBV) Response Services in Ethiopia: Empowering Women and Girls in Conflict-Affected Areas

Oct 11, 2024 | worldbank.org

Conflicts in Ethiopia have devastated communities, and the resulting loss of services and breakdown in social support systems have made it harder to access lifesaving gender-based violence response services.
Investment Framework for Nutrition 2024

Oct 2, 2024 | worldbank.org

Policy guidance to scale up nutrition interventions in low- and middle-income countries includes: integrating nutrition into primary health systems, agrifood subsidies for healthy diets, maternal and child health investments to prevent stunting and wasting, and obesity prevention; this could save lives and increase economic productivity.
Unlocking the Power of Healthy Longevity: Demographic Change, Non-communicable Diseases, and Human Capital

Sep 12, 2024 | worldbank.org

Countries can leverage a rapidly aging population for health, societal, human capital, and economic gains. Investing in health and wellbeing throughout people’s lives starting with maternal and child health to ongoing control of non-communicable or chronic diseases (NCDs), could save 150 million lives and extend 500 million more by 2050, generating economic benefits.
Ensuring Equal Opportunities for All: Supporting Croatia’s Gender Equality Agenda

Aug 21, 2024 | worldbank.org

Achieving gender equality is a key enabler for sustained growth and prosperity. In Croatia, the World Bank has been continuously undertaking analytical work examining the overall state of gender equality in the country, as well as specific topics such as women’s labor force participation or impact of COVID-19 on lives of women, and has been providing policy recommendations that address these issues.