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The World Bank
Commodity Markets Outlook

Soaring Energy Prices Pose Inflation Risks

The World Bank’s latest Commodity Markets Outlook forecasts that energy prices—expected to average more than 80 percent higher in 2021 compared to last year—will remain at high levels in 2022 but will start to decline in the second half of the year.

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Making Climate Action Count

Climate change is one of the defining challenges of our age. Watch His Royal Highness, the Prince of Wales, Janet Yellen, and others discuss how country-led efforts are making a difference in the fight against climate change.

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Ending the Pandemic: The Road to an Inclusive Recovery

Watch a replay of Tedro Ghebreyesus, Ngozi Okonjo-Iweala and others making a powerful case for more equitable access to vaccines for developing countries

Our Mission

The World Bank Group has two goals,

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

Who we are


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.


We support countries' poverty reduction strategies

What We Do


We provide analysis and advice for developing countries

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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.

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