Defying Predictions, Remittance Flows Remain Strong During COVID-19 Crisis

Officially recorded remittance flows to low- and middle-income countries reached $540 billion in 2020, just 1.6 percent below the 2019 total of $548 billion, according to the latest Migration and Development Brief.

Carbon Prices Now Apply to Over a Fifth of Global Greenhouse Gases

Carbon pricing generated $53 billion in revenue in 2020-21, but despite progress, carbon pricing efforts are not on track to meet Paris Agreement goals, new World Bank report finds.

Climate Change

Transitions at the Heart of the Climate Challenge

The World Bank Group is increasing its financing to help countries address the pandemic and climate change. To clean up energy systems, it will be important to drive action on multiple fronts including renewable energy, energy efficiency, and a just transition from coal.

Learn More

Poverty and Trade

Spreading the Gains from Trade More Widely

Global trade has contributed to growth and poverty reduction in the past three decades, but gains from trade can be more inclusive, according to a new World Bank report, which provides new knowledge, data, and tools to make trade work better for more people.

Join Us

Our Mission

The World Bank Group has two goals,

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

Who we are

Data

We engage the development community with real-world statistics

View More Data

Assessing Country Readiness for COVID-19 Vaccines

Browse Data

The global COVID-19 vaccination campaign will be the largest in history. The delivery of COVID-19 vaccines presents challenges unprecedented in scale, speed and specificities, especially in low- and middle-income countries. In November 2020, anticipating the availability of safe and effective vaccines for COVID-19, the World Bank together with WHO, UNICEF, the Global Fund, and Gavi rolled out readiness assessments in more than 100 low and middle-income countries. Read More

Data flows not only support trade in goods, making production and distribution more effective and less costly, but such flows are in fact the vehicle for trading digital services across borders. As trade in global digital services has increased dramatically in recent years, so have global data flows. The World Development Report 2021, Data for Better Lives finds that a combination of well-defined domestic personal data protection measures with relative ease of cross-border movements appears to offer the most favorable environment for international trade in data-enabled services.

Despite the COVID-19 pandemic, 27 economies in all regions and income groups enacted reforms to remove obstacles to women’s economic inclusion across all areas and increased good practices in legislation in 45 cases, according to the Women, Business and the Law 2021. The greatest number of reforms introduced or amended laws affecting pay and parenthood. Read more.

The COVID-19-related global recession and economic policy response have triggered a surge in debt levels in emerging market and developing economies (EMDEs). Coming on top of a surge in global debt since 2010, this creates new risks. Read More.

Results

We support countries' poverty reduction strategies

What We Do

Access the World Bank's portfolio of more than 12,000 development projects, including current and historical data since 1947.

All Projects

Results That Change Lives

International Development Association (IDA)

Research

We provide analysis and advice for developing countries

View More Research and Publications

Access more than 200,000 publicly-available documents and reports.

Browse Research and Publications

Essential Reading

Global Economic Prospects 2021

Poverty and Shared Prosperity 2020: Reversals of Fortune

World Bank Annual Report 2020

Women, Business and the Law 2021

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.