The swift and massive shock of the coronavirus pandemic and shutdown measures to 
contain it have plunged the global economy into a severe contraction. According to World Bank forecasts, the global economy will shrink by 5.2% this year.
Category Archives: WBG News & Reports
People Peace Prosperity
The Fragility Forum is underway! After it was postponed due to concerns around 
COVID-19, it has been transformed into a Virtual Series that will take place through August 31, 2020.
- For more details and registration: Fragility Forum 2020 website
- Follow all sessions through the Online Learning Campus and subscribe to the Forum Youtube channel for live panel discussions
- Replay: Opening Session: When Everything is a Priority: How Leaders Sequence Reform During Crises
Broadcast Series & Virtual Events
COVID 19: Building a stronger recovery
Developing countries and the international community can take steps now to hasten recovery after the worst of the health crisis has passed, according to analytical chapters released from our latest Global Economic Prospects report. Securing core public services, getting money directly to people, and maintaining the private sector will limit the harm and help prepare for recovery.
Top COVID-19 (coronavirus) last week
As daily infection rates in South and Central America are increasing significantly, Haiti 
faces specific health challenges in battling the coronavirus pandemic. A new report outlines how the pandemic may look different in rich versus developing countries, and how the latter may experience more severe health impacts. As our daily routines now include checking new COVID-19 numbers, data experts are exploring how more timely data could contribute to stronger development outcomes.
In the pandemic, cities are scrambling to expand cycling infrastructure: Big Data can help
The coronavirus (COVID-19) and lockdown measures have created immense challenges 
for urban transport. But they also provide an opportunity for cities to rethink the future of mobility. Cycling, in particular, is enjoying renewed attention. This is not surprising, as biking offers many advantages that make it an attractive form of urban transport both during and after the pandemic: bicycles can ease the pressure on public transit systems, allow for easy social distancing, contribute to better public health, and reduce air pollution.
eC2: Consultancy Services to Prepare a Business Plan and Financial Model for the Kenyan Geothermal Development Corporation
Deadline: 16-Jun-2020 at 11:59:59 PM (Eastern Time – Washington D.C.) 
FC is looking to hire an international technical consultant (the Consultant) specialized in logistics hub development and operations, to provide technical support during due diligence, transaction structuring and tender process implementation. This support relates to all technical, economic and E&S aspects of the Project, including technical and economic due diligence, E&S scoping study, assessment of the viability of the Project, recommendations on the Project scope definition, development of the Project technical design specifications, technical inputs for the tender documents and throughout the bid process, support in local and international consultations and marketing efforts relating to the Project.
Digital services help governments deliver solutions during COVID-19
There is a meme going around in techie circles that asks, “Who led the digital 
transformation in your company? a) the CEO, b) the CTO, or c) COVID-19?” It then shows that the answer is C. It’s funny because it seems true. But, in fact, it’s not. Governments have been actively trying to ensure business continuity during the coronavirus pandemic, in different ways and with varying success.
Weekly Recap
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Over the past three months, the World Bank Group has mounted the fastest crisis response in its history. We are now financing emergency operations in over 100 countries – home to 70% of the global population. In this virtual interview, David Malpass, President of the World Bank Group, discussed the path ahead for developing countries. What will a robust and resilient recovery look like? How can we promote economic growth, support the poorest, and sustain businesses and jobs? Watch the replay. |
Investing in Nature Pays off for People and Biodiversity
If you take care of the land, it will take care of you, says Tsefaye Kidane, a 40-year-old coffee farmer from the Kafa Biosphere Reserve, a protected area in southwest Ethiopia that is also regarded as the birthplace of wild Arabica coffee.
Netherlands for the World Bank 
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