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.
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.
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.
The World Bank has two goals: end extreme poverty and promote shared prosperity in a sustainable way.
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Food Security - NEW UPDATE (May 22)
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.
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.
The World Bank Group, led by its Board and shareholders, has embarked on a process to evolve its Vision and Mission, Operating Model, and Financial Capacity, as detailed in the Evolution Roadmap.
Access the World Bank's portfolio of more than 12,000 development projects, including current and historical data since 1947.