Our Mission

The World Bank Group committed to increasing climate finance from 20% of lending in 2016 to 28% by 2020. This target was exceeded each year for the last three consecutive years. Over the duration of its Climate Action Plan, the Bank Group has delivered over $83 billion in climate finance. Read More

Since 1952, the World Bank has maintained a Debtor Reporting System (DRS) which includes historical quantification, methodologies, and aggregate debt information. To support the proposed debt relief efforts, the World Bank’s Development Data Group built a detailed data profile of debt stocks and flows for countries eligible to receive relief under the Debt Service Suspension Initiative. 

This interactive dashboard helps visualize the monthly debt service payments projected to come due during 2020 and 2021 for DSSI-eligible countries. Read More

Using the newly launched growth forecasts of June from the Global Economic Prospects, we can update the estimate of the pandemic’s impact on global poverty. The new growth forecasts contain two scenarios—baseline and downside—allowing us to explore two different scenarios for how the pandemic may impact poverty. The baseline scenario assumes that the outbreak remains at levels currently expected and that activity recovers later this year, while the downside scenario assumes that outbreaks persist longer than expected, forcing lockdown measures to be maintained or reintroduced. Read More