Ajay Banga Begins Tenure as 14th President of the World Bank Group

New analysis from the World Bank examines the two-way relationship between cities and climate change, concluding that cities also hold the key to solving the climate crisis. With data from more than 10,000 cities, the report offers insight into how to help cities become greener, more resilient, and more inclusive – in other words, on how to help their cities thrive – in a changing climate. 

Migration is a development challenge. About 184 million people—2.3 percent of the world’s population—live outside of their country of nationality, and almost half of them are in low- and middle-income countries. In this episode of The Development Podcast, we explore the conversation around migration, from global economic imbalances, demographic changes, and conflict, to the opportunities it can bring to people and host communities.

The agricultural, cereal, and export price indices closed 4 percent, 3 percent, and 3 percent lower, respectively, than two weeks ago. Wheat prices saw a significant decrease of 11 percent compared to two weeks ago, while rice and maize prices were relatively stable. Despite these changes, domestic food price inflation remains high in most low-, middle-, and high-income countries.