WASHINGTON, D.C., July 7, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a 5-year British pound sterling (GBP) benchmark maturing in October 2030. The Sustainable Development Bond raised GBP 1.5 billion from investors globally to support the financing of the World Bank’s sustainable development activities in member countries.
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Global Economy Faces Trade-Related Headwinds
The global economy is facing substantial headwinds, emanating largely from an increase in trade tensions and heightened global policy uncertainty. For emerging market and developing economies (EMDEs), the weak outlook limits their ability to boost job creation and reduce extreme poverty. This challenging context is compounded by subdued foreign direct investment into EMDEs. Global cooperation is needed to restore a more stable global trade environment and scale up support for vulnerable countries, including those in fragile and conflict situations. Domestic policy action is also critical to contain inflation risks and strengthen fiscal resilience. To unlock job creation and long-term growth, reforms should focus on raising institutional quality, attracting private investment, and strengthening human capital and labor markets.
How the World Bank is tackling the growing global waste crisis
Every year, the world produces over two billion tonnes of municipal waste, a figure expected to rise by 73 percent to nearly four billion tonnes by 2050. Managing this surge will be a major investment and policy challenge for cities in low- and middle-income countries.
Continue readingHow Electricity is Powering Value Addition in Tanzania’s Villages
STORY HIGHLIGHTS
- Where villagers once struggled with basic tools and meager earnings, they now use modern electric machinery to create valuable finished products.
- From increased rice production and reduced transportation costs, to booming sunflower oil businesses, access to reliable power is boosting local economies.
- Tanzania is bringing its vision of universal electrification to reality with support from a $550 million International Development Association investment.
High five! How the World Bank Group is more focused on outcomes
The number five is often seen as a symbol of balance, progress, and transformation—much like the steady progress the World Bank Group has made since it set up an Outcomes Department five months ago. This new department seeks to elevate the way we measure our impact, strengthening our accountability for results. Just as five fingers help us build and create and the five senses allow us to experience the world around us, the department has worked to lay a strong foundation for the future.
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Financing Shortfalls Hinder Road Safety Progress in Low- and Middle-Income Countries
MARRAKECH, February 18, 2025 – Road safety financing faces a critical shortfall, hindering progress toward halving global road traffic fatalities and injuries by 2030. Each year, road crashes claim an estimated 1.19 million lives, leave countless others with permanent disabilities, and impose significant economic costs.
Continue readingWest Africa food insecurity demands climate-smart response amid multiple crises
As crises multiply and the devastating conflict in Ukraine drags on, its global effects are
being felt hard in the Sahel and West Africa, a region with more than 38 million people facing acute food insecurity. The war’s impacts risk pushing an additional 7 to 10 million people in the region into food insecurity.
This story was originally published by France 24
Smarter taxation can help boost government revenue and health outcomes
The shockwaves of the war in Ukraine hit many countries while they were still reeling from the COVID-19 pandemic. For many developing countries, the fiscal challenges have mounted ever since—the result of surging food, fertilizer and
energy prices, rising interest rates, and slowing growth.
In response to the overlapping crises, nearly all countries increased their overall government and health spending. But only a few of them—mostly high-income countries—will be able to sustain these levels in the years ahead. Improving domestic resource mobilization, especially in a way that can sustainably broaden tax bases, will be crucial.
eC2: Water Utilities in Colombia – Market Mapping
Deadline: 12-Oct-2016 at 11:59:59 PM (Eastern Time – Washington D.C.)
The objective of this assignment is to identify creditworthy 
public (municipal and regional), private and mixed-ownership water utilities in Colombia, which have realistic chances of becoming IFC investment and advisory clients (criteria to be provided further). A consultant will collect comprehensive in-depth information on these utilities as per TOR. In addition, a brief review of the institutional and regulatory environment pertaining to the water sector in Colombia will have to be prepared.
eC2:Lesotho PPP Policy and Legal Framework
Deadline: 11-Oct-2016 at 11:59:59 PM (Eastern Time – Washington D.C.)
The Government of Lesotho (GoL) is interested in developing a framework to attract private sector participation. Previously, GoL has developed a draft PPP Policy and regulations and is now seeking consultant support to review these existing and related documents and assist in formulating an updated PPP Policy and drafting the PPP law and regulations.
Netherlands for the World Bank 
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