An updated joint Rapid Damage and Needs Assessment estimates that as of 31 December 2024, the total cost of reconstruction and recovery in Ukraine is $524 billion over the next decade.

In the serene village of Kalmadu Nagar, nestled in the Kilinochchi district of Northern Sri Lanka, the Kalmadu Kulam ...

Since 2023, the Burkina Faso Hydromet Project has supported the installation of 9,700 farmer rain gauges to help rural communities better manage their crop years. With a total $33 million budget, the ...

The food security crisis in Cameroon is due to several factors, mainly the reduced availability and accessibility of stocks of staple products as well as livestock for milk and meat. Nearly a quarter ...

Today, Asian Development Bank President Masatsugu Asakawa and World Bank Group President Ajay Banga signed a groundbreaking new co-financing partnership. The Full Mutual Reliance Framework (FMRF), the ...

This online event on February 24, 2025, celebrates the International Comparison Program’s (ICP) legacy by showcasing its rich history, its latest data release, ongoing and future activities, and its ...

How do we compare economies beyond exchange rates? Purchasing power parities (PPPs) provide a clearer picture of global development, poverty, and inequality. The International Comparison Program, or ...

WASHINGTON, February 20, 2025 – The World Bank's Board of Executive Directors today approved financing for Colombia to support measures that promote more equitable and green fiscal policies, the ...

TRIPOLI, February 20, 2025 — The World Bank has launched a photobook dedicated to showcasing Libya's diverse landscapes, rich culture, and resilient spirit. Primarily featuring the work of young, ...

WASHINGTON, February 20, 2025 – A new program aims to expand equitable access and enhance learning outcomes in basic education across Eastern and Southern Africa, benefiting over 70 million children.

Nature-based solutions are gaining traction in Sub-Saharan Africa, with investment growing by approximately 15% annually since 2012. However, funding remains a fraction of what is needed to build ...

WASHINGTON, DC, February 20, 2025 – The Asian Development Bank (ADB) and the World Bank (WB) signed a new groundbreaking Full Mutual Reliance Framework (FMRF) today to deepen their collaboration on ...