Future-proofing cities: How our prosperity tomorrow depends on transforming cities today
Today, 4.4 billion people— just over half the world’s population—live in cities. In just the next 
three decades, two out of every three people on the planet will live in cities. Cities are the drivers of productivity and prosperity: over 80 percent of all economic activity is concentrated in them. But they are also on the frontlines of multiple crises – feeling the impacts of COVID-19, of conflict and fleeing populations, and of climate change – that can exacerbate risks and widen inequalities.
Trade restrictions are inflaming the worst food crisis in a decade
The Future of Government: Reimagining Government for Good
The impact of the COVID-19 pandemic, the need to deliver climate change commitments, and the rise in conflicts have amplified the need for a more effective government from the central to the local level.
The Future of Government report and supporting website is a guide for governments and non-governmental actors to reimagine the role of the State in formulating policy, providing regulation, and delivering services for development outcomes. The report includes a call to action for those working in government and those seeking to influence government for the better, to start building coalitions for change, now.
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Investing in cities today is the key for a resilient future
By 2050, cities will be home to an additional 2.5 billion people, with two out of every three
people living in urban areas. The mounting impacts of climate change, combined with the COVID-19 pandemic and its aftermath, and conflict and fleeing populations, hit cities the hardest and requires them to become resilient to shock waves of change. Cities are also uniquely vulnerable to climate shocks and natural disasters. At the same time, investing in cities can deliver major impact for green, resilient, and inclusive growth.
COVID-19 Drives Global Surge in use of Digital Payments
Three quarters of adults now have a bank or mobile money account; gender gap in account
ownership narrows
WASHINGTON, June 29, 2022— The COVID-19 pandemic has spurred financial inclusion – driving a large increase in digital payments amid the global expansion of formal financial services. This expansion created new economic opportunities, narrowing the gender gap in account ownership, and building resilience at the household level to better manage financial shocks, according to the Global Findex 2021 database.
When the debt crises hit, don’t simply blame the pandemic
Every debt crisis begins with unheeded warnings and ends with severe limits on investment
in education, health, and infrastructure among other things. These crises often spark civil unrest and government collapse, delivering a lasting setback to the growth prospects of the affected country.
Madagascar: $220 Million to Improve Basic Water and Sanitation Services and Supply
ANTANANARIVO, June 17, 2022—The Government of Madagascar and the World Bank signed the recently approved $220 million National Water Project. The project seeks to increase access to water services in the Greater Antananarivo area and selected secondary towns, and to improve the performance of the water and energy utility (JIRAMA).
Behind the Mission: Young Professionals Program (WBG YPP)
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REPLAY: The Way Forward: A Conversation with David Malpass and Samantha Power
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Netherlands for the World Bank 
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