Global gas flaring rose to its highest level since 2007, wasting $63 billion in energy and emitting 389 million tonnes of CO₂e. The World Bank’s 2025 report calls for urgent action to reduce flaring ...

The World Bank is strengthening its procurement requirements to help address the jobs challenge in developing countries by requiring companies working on World Bank-funded projects to include local ...

Global gas flaring increased by 9 billion cubic meters (bcm) in 2023, reaching 148 bcm, the highest level since 2019. The top ...

More adults than ever in low- and middle-income countries now have bank or other financial accounts, leading to a rise in formal saving, according to the World Bank Group’s Global Findex 2025 report.

The World Bank's annual Country Policy and Institutional Assessment (CPIA) Report has been a guide for countries, ...

Two-thirds of the world’s energy is wasted. Energy efficiency opens up immense opportunities for growth, energy security, and the environment. Energy efficiency is a key element of the World Bank ...

The project started in 2021 to contain the COVID-19 pandemic upgraded the country’s lab capabilities and significantly helped ...

The Mexico Energy Efficiency in Public Facilities (PRESEMEH) project, which was approved in 2016 and closed in 2023, promoted the efficient use of energy in Mexican municipalities and hospitals ...

Hosted by the Vienna Development Knowledge Center, the June 2-5 Technical Deep Dive on Urban Space, Mobility and ...

Insurance could play a greater role in managing the financial impact of natural disasters. Insurance can offer financial protection against damage to physical assets and lessen impacts on economic ...

Investing in health drives job creation and economic growth, highlighting its pivotal role in building resilient societies and fostering prosperity.

Latest news and information from the World Bank and its development work in Ukraine. Access Ukraine’s economy facts, statistics, project information, development research from experts and latest news.