Skip to Main Navigation
Photo: World Bank
World Bank Live

World Bank Group Youth Summit 2023

The World Bank Group Youth Summit 2023, "From the Ground Up: Local Solutions to Drive Global Impact," will explore the power of youth-led local solutions and their potential to drive global change. Celebrating its 10th anniversary this year, the Youth Summit brings together young changemakers from around the world to discuss innovative ideas and solutions for global development challenges. The two-day event, taking place May 25-26, will highlight the role of local leadership in creating vibrant and sustainable communities.

Photo: World Bank
Food Security

Latest Food Security Update

Domestic food price inflation remains high around the world, including in almost all low- and middle-income countries, while a new report indicates that 258 million people in 58 countries or territories faced a crisis or worsening levels of acute food insecurity in 2022. Information from the latest month between January 2023 and April 2023 for which food price inflation data are available shows high inflation in most low- and middle-income countries.

World Bank President Ajay Banga

Ajay Banga Selected 14th President of the World Bank

The Executive Directors of the World Bank selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023. Ajay Banga most recently served as Vice Chairman at General Atlantic. Previously, he was President and CEO of Mastercard, a global organization with nearly 24,000 employees. Under his leadership, MasterCard launched the Center for Inclusive Growth, which advances equitable and sustainable economic growth and financial inclusion around the world.

Our Mission

The World Bank has two goals: end extreme poverty and promote shared prosperity in a sustainable way.

Learn About Our Priorities


Subscribe Here


We engage the development community with real-world statistics

Globally, 70 percent of greenhouse gas emissions emanate from cities. At the same time, cities are being hit increasingly by climate change related shocks and stresses, ranging from more frequent extreme weather events to inflows of climate migrants. A new World Bank report provides policymakers with a compass for designing tailored policies that can help cities and countries take effective action to mitigate and adapt to climate change. Learn more.


We support countries' poverty reduction strategies


We provide analysis and advice for developing countries

The World Bank


We help developing countries find solutions to the toughest global and local development challenges—from adapting to climate change to boosting food security to increasing access to energy.

Learn More