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Climate Change

What You Need to Know About the World Bank Group's 2nd Climate Change Action Plan

The new Climate Change Action Plan will increase high-impact support to deliver climate results, targeted towards reducing the trajectory of emissions and strengthening adaptation and resilience in developing countries. The Plan comes as countries seek sustainable pathways out of the disruption caused by the COVID-19 pandemic.

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COVID-19

World Bank and African Union Team Up to Support Rapid Vaccination for Up to 400 Million People in Africa

In a boost to the African Union’s target to vaccinate 60% of the continent’s population by 2022, the World Bank and the AU announced that they are partnering to support the Africa Vaccine Acquisition Task Team (AVATT) initiative with resources to allow countries to purchase and deploy vaccines for up to 400 million people across Africa. 

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June 2021 Global Economic Prospects

Global Economy on Track for Strong but Uneven Growth as COVID-19 Still Weighs

The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies, the World Bank says in its June 2021 Global Economic Prospects. 

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The World Bank Group has two goals,

to end extreme poverty and promote shared prosperity in a sustainable way

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Data

We engage the development community with real-world statistics

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Global growth in 2021 is projected to be more robust than previously envisioned. Rapid vaccination progress has contributed to forecast upgrades in many countries; however, this is concentrated primarily in advanced economies. For many EMDEs, renewed COVID-19 surges and limited vaccination have contributed to downward revisions to growth. Read More.

Results

We support countries' poverty reduction strategies

What We Do

Research

We provide analysis and advice for developing countries

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Topics

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.

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