Global Gas Flaring Falls to Lowest Level Since 2010
Progress in reducing gas flaring resumed in 2022, with gas flared worldwide falling by 5 billion cubic meters (bcm) to 139 bcm, its lowest level since 2010, according to new satellite data compiled by the World Bank's Global Gas Flaring Reduction Partnership (GGFR). Three countries, Nigeria, Mexico, and the United States, accounted for most of the decline in global gas flaring in 2022. Two other countries—Kazakhstan and Colombia— stand out for consistently reducing flaring volumes in the last seven years.
The Way Forward: A Conversation with Mohamed El-Erian
How can developing countries address rising interest rates, depreciating currencies, and stagnant growth? What can central banks and other financial institutions do to manage these crises? World Bank Group President David Malpass and President of Queens' College, Cambridge University, Mohamed El-Erian will have a conversation about global macroeconomic trends and their effects on development. Join us April 5 at 9:30am EDT for the conversation.
East Asia and Pacific Regional Economic Update: Reviving Growth
The latest Economic Update for the East Asia and Pacific region, launched on March 31, shows the region has recovered from the recent shocks and is growing. However, output remains below pre-pandemic levels in many countries and inflation remains higher than target ranges in some countries. Read more here
The World Bank has two goals: end extreme poverty and promote shared prosperity in a sustainable way.
Learn About Our Priorities
Food security is defined when all people, at all times, have physical and economic access to sufficient safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life.
Climate change, poverty, and inequality are the defining issues of our age. The World Bank Group is the biggest multilateral funder of climate investments in developing countries.
International Development Association (IDA)
IDA is the part of the World Bank that helps the world’s poorest countries.
World Bank Data
The Open Data site is designed to make World Bank data easy to find, download, and use. All of the data found here can be used free of charge with minimal restrictions.
Access the World Bank's portfolio of more than 12,000 development projects, including current and historical data since 1947.