World Bank climate finance reaches record $42.6 bln in fiscal 2024
WEB3 days ago · The World Bank Group said on Thursday it delivered a record $42.6 billion in climate finance during fiscal 2024, a 10% increase over the $38.6 billion the prior year and close to its target of a ...
September 2024 global poverty update from the World Bank: …
WEB2 days ago · In 2022, the global poverty headcount ratio at the International Poverty Line ($2.15 per person per day, 2017 PPP) has remained rounded to 9 percent, with a marginal upward revision in the total number of extreme poor from 712 to 713 million. By 2024 this number is expected to decline to about 692 million extreme poor in the world.
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Romania and World Bank Group Renew Partnership to Reduce …
WEB3 days ago · WASHINGTON, September 19, 2024—The World Bank Group’s Board of Executive Directors has endorsed a new five-year Country Partnership Framework (CPF) for Romania. The framework aims to reduce poverty and promote prosperity across the country by improving human capital outcomes, creating better job opportunities and a …
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WEBWe face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress.
Ajay Banga Confirmed as World Bank Leader - The New York Times
WEBMay 3, 2023 · Ajay Banga, President Biden’s pick to be president of the World Bank and broaden its ambitions to combat climate change, was approved by its executive board on Wednesday.
Ajay Banga Era Begins at the World Bank - The New York Times
WEBJun 2, 2023 · Ajay Banga officially became the 14th president of the World Bank on Friday and urged staff to join him in developing a “new playbook” for a global institution whose relevance has come into ...
‘U.S. growth is exceptional’: World Bank sees America fueling the ...
WEBJun 15, 2024 · WASHINGTON (AP) — The World Bank upgraded its outlook for the global economy Tuesday, estimating that it will expand 2.6% this year on the strength of sustained growth in the United States.
A $90 Billion World Bank Plan to Electrify Africa Gets Underway
WEB2 days ago · September 20, 2024 at 12:22 AM EDT. Save. A plan to bring electricity to 300 million Africans by 2030, backed by an initial pledge of $30 billion from the World Bankand the African Development ...
World Bank's new chief asks staff to 'double down' on …
WEBJun 2, 2023 · The World Bank's new president Ajay Banga on Friday asked the lender's 16,000 staff to "double down" on development and climate efforts as he seeks to accelerate the bank's evolution to...