FundsChain, a blockchain-based platform, enables the World Bank to improve traceability, accountability, and streamline ...

From West Africa to South Asia, two bold initiatives show how with the right mix of strategy, investment, innovation and commitment, water can be a catalyst for lasting change.

With World Bank support, Türkiye invested in energy efficiency for facilities like schools and hospitals—cutting demand, ...

The World Bank Group is transforming how it tracks development project funds, becoming the first multilateral development bank to use a blockchain-based tool for funds traceability and enhancing ...

In response to a widespread and worsening water crisis, countries in the Middle East and North Africa (MENA) are taking strong steps to ensure a water-secure future for their citizens. In the process, ...

TFSP is helping countries reduce costs, increase efficiency, and unlock the full potential of their economies by providing demand-driven and practical reform solutions. The impact on the private ...

1. What is Development Policy Financing? World Bank assistance can be provided through development policy financing (DPF), which provides non-earmarked funds for development policy operations (DPO).

Extreme urban heat is becoming an urgent challenge for Bangkok, threatening lives, livelihoods, and the city’s economic resilience. The Urban Heat Island (UHI) effect exacerbates this crisis, turning ...

Discover how closing the infrastructure gender gap in transport, digital connectivity, and energy can empower women, boost economies, and create equitable societies. The World Bank's initiatives like ...

Poverty in Argentina is a persistent problem that defies easy solutions. A new World Bank study identifies four key factors or "poverty traps" that are preventing millions of Argentines from moving ...

Roughly 600 million people in Sub-Saharan Africa lack access to electricity. Energy access is a lifeline for people, helping drive economic opportunities, boosting job creation, and improving ...

Emissions trading schemes generate majority of this revenue, over half of which funds climate and nature programs WASHINGTON, May 21, 2024 — In 2023, carbon pricing revenues reached a record $104 ...