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Ajay Banga and IAEA Director General Rafael Mariano Grossi sign partnership agreement
Ajay Banga and IAEA Director General Rafael Mariano Grossi sign partnership agreement

World Bank Group, IAEA Formalize Partnership to Collaborate on Nuclear Energy for Development

The partnership agreement, signed by World Bank Group President Ajay Banga and IAEA Director General Rafael Mariano Grossi, formalizes multiple engagements between the two institutions over the last year, and marks the World Bank Group’s first concrete step to reengage with nuclear power in decades.

OMBC

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Highlights

Debt Transparency report cover on texture
Jun 19, 2025

The report, Radical Debt Transparency, shows that while the proportion of low-income countries publishing some debt data has grown from below 60% to more than 75% since 2020, only 25% disclose loan-level information on newly contracted debt.

GEP FDI chapter cover on background texture
Jun 16, 2025

Flows of foreign direct investment (FDI) into developing economies—a key propellant of economic growth and higher living standards—have dwindled to the lowest level since 2005 amid rising trade and investment barriers.

CMO report cover
Apr 29, 2025

Faltering economic growth is coinciding with ample oil supply in ways that are expected to drop global commodity prices to their lowest level of the 2020s, according to the World Bank’s latest Commodity Markets Outlook.

International development Association logo
Apr 24, 2025

Ireland’s new pledge, announced Thursday on the sidelines of the World Bank-IMF Spring Meetings, augments its initial commitment to IDA’s 21st replenishment (IDA21).

Global Economic Prospects image
Jun 10, 2025

Global growth is projected to slow to 2.3 percent in 2025, nearly half a percentage point lower than the rate that had been expected at the start of the year.

State and Trends Report 2025 cover horizontal slide
Jun 10, 2025

The report shows that all large middle-income economies have now either implemented or are considering direct carbon pricing, with emissions trading systems (ETSs) accounting for most of the new and planned instruments.

Woman working with sawing machine
Apr 23, 2025

“With the expanded membership, we are mainstreaming this work across our operations and tying it directly to the jobs agenda that is driving our strategy,” said World Bank Group President Ajay Banga.

food security update
Jun 16, 2025

Domestic food price inflation remains high in most low- and lower-middle-income countries.