For the first time, the Debt team at the World Bank Development Economics Data Group (DECDG) will publish online a new series of Debt Reports, at regular intervals, over the course of the year. Their aim is to provide users with analyses of evolving trends and development related to external debt and public debt in individual countries and regional groups, with primary emphasis on low- and middle-income countries, and to keep users abreast of debt-related issues and initiatives.
- The world economy is poised for a modest rebound this year, but outlook is fragile.
- Emerging, developing economy growth to accelerate in 2020 as some emerging economies recover from periods of stress.
- Rise in debt, slowdown in productivity pose challenges for policymakers.
- In fiscal year 2019, the World Bank Group committed nearly $17.8 billion to climate-related investments, surpassing current targets for the second year in a row.
- Three country snapshots illustrate some of the ways climate change considerations were integrated in the project design: building climate resiliency into transportation systems in Sierra Leone; improving irrigation to address food security in Pakistan; and mitigating flood risk in Vietnam’s urban infrastructure.
- Going forward, the World Bank Group will invest and mobilize $200 billion in climate-related financing from 2021-2025, doubling what we did in the last five years and significantly ramping up support for adaptation.