We were honored to welcome Her Majesty Queen Máxima of the Netherlands, United Nations Secretary-General’s Special Advocate for Financial Health, to the IDB Group’s headquarters in Washington D.C.
This report quantifies the extent to which energy efficiency measures can reduce greenhouse gas (GHG) emissions and fuel costs in global shipping. Drawing on a fleet-wide analysis across key vessel segments (bulk carriers, container ships, and tankers), it assesses the untapped potential of technical and operational efficiency measures through to 2050. Findings show that maximizing energy efficiency can cut global shipping’s GHG emissions by up to about 40% by 2030, exceeding current IMO interim targets, while simultaneously lowering the costs of the energy transition. Roughly half of these potential GHG savings by 2030 pay for themselves, offering savings of up to $220 billion annually in total costs as green fuel supply chains develop, and helping to build resiliency against fuel price volatility and rerouting shocks. The report highlights the role of short-term operational measures (such as forms of port call and speed optimization) and medium-term technical innovations (for example, wind-assisted propulsion) in achieving substantial efficiency gains. It identifies persistent economic, behavioral, and organizational barriers to uptake and illustrates them through deep dives on port call optimization and wind-assisted propulsion, showcasing innovative industry initiatives being applied to overcome these barriers. Finally, the report offers targeted recommendations for policymakers, industry, ports, and financiers to accelerate the adoption of energy efficiency solutions at scale.
“Credit: World Bank Group. All rights reserved”
WASHINGTON, November 24, 2025—Countries in Europe and Central Asia (ECA) should urgently push to make more efficient use of existing economic assets and invest in the capabilities of its firms and people to unlock faster growth, according to a new World Bank report released today.
Continue readingDHAKA, November 25, 2025 — Bangladesh reduced poverty significantly between 2010-2022, lifting 34 million people out of poverty while improving living standards and access to essential services like electricity, education, and sanitation, but since 2016, the pace of poverty reduction slowed and economic growth became less inclusive, says a new report launched today.
Continue readingThis report presents a comprehensive analysis of how AI can be responsibly deployed across agrifood systems, especially in low- and middle-income countries. It provides a roadmap of applications, requirements, and investment priorities focusing on ethical, inclusive, and scalable use.
COTONOU, November 18, 2025 – At the conclusion of a regional summit held on November 17–18, 2025, in Benin, ministers responsible for digital affairs from West and Central African countries adopted the Cotonou Declaration, signaling their strong commitment to accelerating digital transformation in the region. They set ambitious targets for 2030, including achieving affordable and reliable broadband access for 90% of the population, deploying interoperable public digital infrastructure such as digital identity and payment systems, doubling intra-African e-commerce, and adopting harmonized frameworks for cybersecurity, data governance, and Artificial Intelligence (AI) to create a trusted environment.
Continue reading“Credit: World Bank Group. All rights reserved”
From a young age, Leah Francis Basu was fascinated by the mechanics of an aircraft. “I loved aircrafts,” she recalls, describing the moment she first discovered the science of lift. “It was surprising to me to learn the Bernoulli’s principle, where air moving faster over the top of the wing creates lower pressure, while the air beneath the wing remains at higher pressure, forcing the aircraft upward to take off.”
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Imagine landing your dream engineering role at one of Silicon Valley’s top technology companies – from your apartment in Riyadh, Cairo, or Beirut. This dream is now within reach for thousands in the Middle East and North Africa (MENA), provided they have the right skills.
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The world is facing a dangerous decline in freshwater availability. This persistent freshwater loss—known as continental drying— is disrupting jobs, incomes, and ecosystems. By combining satellite data with economic and land-use information, Continental Drying: A Threat to our Common Future, offers new insight into where and why freshwater is disappearing and what can be done.
The report maps global hotspots, quantifies the economic and environmental toll, and outlines a three-pronged strategy—managing demand, augmenting supply, and improving allocation—to tackle the continental drying crisis. Beyond water, addressing trade barriers, investing in education and skills, and expanding access to markets and finance are critical to strengthening jobs and safeguarding livelihoods worldwide.
“Credit: World Bank Group. All rights reserved”
Netherlands for the World Bank 
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