Brazil can be both richer and greener: World Bank Group outlines opportunities for climate action and growth
Brazil is in a strong position to give its people a better life while also successfully confronting the threat of climate change, a new World Bank Group report released said, on May 4.
The World Bank to help Bulgaria benefit from its geothermal resources
The World Bank will provide analytical and advisory support to the Bulgarian Ministry of Energy to make the most of the country’s geothermal natural assets. An agreement for the provision of Reimbursable Advisory Services for Geothermal Energy for...
The Silent, Deep Human Capital Crisis Facing Pakistan: The Country Needs to Substantially Increase its Investments in Human Development
The World Bank’s report, Pakistan Human Capital Review (HCR), Building Capabilities Throughout Life, underlines the need for Pakistan to significantly increase investments in human capital to address the severe gaps it faces in education and health...
The Palestinian Economy Remains Vulnerable Amid Socio-Political Instability
According to a new World Bank report, Palestinian economic growth is expected to soften in 2023. While the economy had continued to rebound at a rate of 4% in 2022, this was driven by the ongoing recovery of private consumption as COVID-19 mobility...
Countries That Bolster and Protect Their Human Capital Will Better Withstand Future Economic Shocks
Countries that protect their population’s education, health, knowledge, and skills – that is, their human capital - now and during future shocks will emerge with lower levels of negative economic impact than those that do not, according to a new World...
Madagascar: $227 million to Increase Productivity and Strengthen the Resilience of Rural Livelihoods
Madagascar received approximately $227 million to increase productivity and strengthen resilience of rural livelihoods in Alaotra-Mangoro and Sofia, two regions that are critical to national food production. The funding consists of a $200 million...
World Bank and Romania Sign EUR 60 Million Loan to Reduce Pollution From Agriculture and Promote Sustainable Farming
The World Bank and the Government of Romania, through the Ministry of Finance, signed on April 6, a EUR 60 million loan, following its approval by the Bank’s Board of Directors on March 30. The Romania Rural Pollution Prevention and Reduction project...
Tunisia: Reforming Energy Subsidies to Enhance Economic Resilience
Tunisia's economic recovery slowed in 2022 while the current account and fiscal deficit rose amid mounting global energy and food prices and more working-age people stayed out of the labor market amid diminishing job prospects, according to the World...
As Papua New Guinea Returns to Economic Growth, World Bank Highlights Economic Case for Action on Gender Equality
Papua New Guinea’s economy has recovered above its pre-pandemic GDP, with high commodity prices and the removal of COVID-19 restrictions accelerating economic growth to 4.5 percent for 2022, the World Bank’s latest Economic Update for Papua New Guinea...
Embrace green tech revolution or risk falling behind, new UN report warns
As part of a UNDP-led green renovation project, technicians install solar panels...
