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 ...

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

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 ...

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

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

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.

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 ...

Inequality and Shared Prosperity More broad-based economic growth is essential to accelerate progress in boosting shared prosperity.

The International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) are two of the five institutions of the World Bank Group (WBG). Each institution ...

The Integrity Vice Presidency (INT) investigates and pursues sanctions related to fraud and corruption in World Bank Group-financed projects.

The program targets young talented African nationals who are completing or have recently completed their Ph.D. in an area relevant to the World Bank’s work. The fellowship program has been very ...

Digitalization is a transformative force that can drive productivity-led growth and enhance the efficiency of critical ...