As pressure mounts on the world’s freshwater resources, closer international cooperation is 
needed to manage the world’s shared rivers, aquifers, and lakes. For decades, the World Bank Group has supported programs to foster cooperation over water as part of ensuring water security for all in support of sustainable development and job creation.
Category Archives: WBG News & Reports
The Interlocking Challenges of Climate Change and Poverty | The Development Podcast
FEATURING: Richard Damania, Chief Economist for Sustainable Development, World 
Bank / Roselyn Fosuah Adjei, Director of Climate Change for the Ghana Forestry Co
The World Bank Group is aligning its financing with the Paris Agreement goals on climate change. This is important, as it keeps us focused on containing the warming of the earth to well below 2 degrees, and preferably 1.5 degrees Celsius, while achieving sustainable development and ending poverty. What does this mean and what will it take to achieve it? We asked Jennifer Sara, Global Director of the World Bank’s Climate Change Group; and Stephane Guimbert, Director of Operations Policy & Country Services to explain.
IFC: Creating New Commercial Relationships in India
The National Recovery Program Bureau (NRPB) is pleased to announce an upcoming
procurement information session aimed at raising awareness among the local, regional, and even the international market on essential aspects when bidding for Sint Maarten Trust Fund projects. This initiative seeks to promote transparency, inclusivity, and efficiency in the procurement process while enhancing the potential for participation of small companies in Sint Maarten.
World Bank Names 15 Leading CEOs and Chairs to Join the Private Sector Investment Lab
LONDON, July 10 2023 – The World Bank today announced the 15 Chief Executive Officers and Chairs who will make up the Private Sector Investment Lab. The founding members comprise a core group charged with developing solutions to address the barriers to private sector investment in emerging markets. The quality of their individual – and combined – expertise, leadership, and success in business and finance underscores the growing momentum, and level of commitment, for public and private collaboration to address global challenges and urgently scale development solutions.
Putting Mobile Phone Data to Work for Development
ATLAS of Sustainable Development Goals 2023
The Atlas draws from the World Bank’s World Development Indicators database, as well as from a wide variety of relevant data sources, including international organizations, scientists, and other researchers worldwide.
We hope readers will find this fourth edition in the Atlas series engaging and informative, and will be inspired to discover, understand, and visualize progress towards achieving the SDGs, adopted by all member states of the United Nations in 2015.
Check out this video introducing the 2023 SDG Atlas. Tell us what you think on Twitter or at data@worldbank.org.
More Information
IFC: Creating New Commercial Relationships in India
Over one hundred participants converged in Mumbai for networking and to share lessons
learned from three years of TechEmerge sustainable cooling pilots. Leading corporates—including Indian Hotels Company Ltd (IHCL), Chalet Hotels, Tata Realty, and others—joined IFC India Country Head, Wendy Werner, and TechEmerge manager, Selcuk Tanatar, for a deep dive on the future of cooling and financing mechanisms to scale up these climate-smart solutions. A representative from our development partner, the UK’s Department for Energy Security & Net Zero, delivered opening remarks. The event also included the signing of an MoU among IFC, the Indian Institute for Technology in Jammu, and district-energy company Tabreed, our partner in the TechEmerge Cooling Innovation Lab in India.
Please keep an eye out for more TechEmerge events showcasing sustainable cooling innovations and financing tools, including a global summit in October in Birmingham in the UK.
Fish, Not Plastics: Science to Rescue Africa’s Sea Pollution
No more yellow sky: Reducing air pollution from smoke and dust
In early June, the sky turned yellow throughout much of the northeastern United States.
People woke up to smog, haze, and a red sun, and were warned to stay indoors to protect themselves from a toxic cocktail of air pollutants. In New York City, the levels of particulate matter with 2.5 microns or less in size (PM2.5) were registered at a record-breaking 400 micrograms per cubic meter. This reading exceeded the U.S. Environmental Protection Agency’s recommended 24-hour standard guidelines 11 times and was equivalent to every person in the city, including babies, smoking 5-10 cigarettes. Such unprecedented levels of air pollution made New York the most polluted of all big cities in the world on that day, displacing perennial record holders like New Delhi or Lahore.
The bad air in New York City and across the Northeast was carried by winds from Alberta, Nova Scotia, and Quebec – Canadian provinces experiencing record-high temperatures and droughts that have caused an unprecedented number of wildfires.
World Bank Group Announces Comprehensive Toolkit to Support Countries After Natural Disasters
June 22, 2023—The World Bank Group today announced a suite of new and expanded actions to help countries respond quickly and effectively to an ever-growing onslaught of crises.
At the Summit for a New Global Financial Pact, Ajay Banga announced an expanded toolkit for crisis preparedness, response, and recovery that includes: (1) pausing debt repayments; (2) redirecting financing; (3) linking crisis preparedness and financing; (4); backstopping development projects with private sector support, and (5) building enhanced catastrophe insurance without debt.
Netherlands for the World Bank 
You must be logged in to post a comment.