Tag Archives: Foreign aid

New Guarantee Platform Delivers Efficiency, Simplicity to Boost Impact

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STORY HIGHLIGHTS

  • Beginning July 1, the World Bank Group’s one-stop guarantee platform will bring together all of its guarantee products and experts.
  • The platform will help provide transparency and certainty for the World Bank Group’s clients across the guarantee process, with a better client experience.
  • Streamlining these offerings will help maximize the limited capital available for impactful development in emerging markets and developing economies.
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World Bank Group Aims to Expand Health Services to 1.5 Billion People

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Focus on improved affordability, expanded geographic reach, increased scope of services

WASHINGTON, April 18, 2024—The World Bank Group today announced an ambitious plan to support countries in delivering quality, affordable health services to 1.5 billion people by 2030. This is part of a larger global effort to provide a basic standard of care through every stage of a person’s life—infancy, childhood, adolescence, and adulthood.

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New Partnership Aims to Connect 300 Million to Electricity by 2030We need to change the way we support refugees – now !

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World Bank Group, African Development Bank initiative could halve the number of people in Africa living without electricity access

WASHINGTON, April 17, 2024 – The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.

The World Bank Group will work to connect 250 million people to electricity through distributed renewable energy systems or the distribution grid while the African Development Bank Group will support an additional 50 million people.

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Keeping score: How the World Bank Group will drive action for results

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Our vision at the World Bank Group is to create a world free of poverty on a livable planet. But how do we transform that vision into impact? How do we ensure that more women have access to clean water? How can we connect more people to better jobs? How do we bring more gigawatts of renewable energy online, including in small states and fragile and conflict-afflicted countries?

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Despite Strong Growth, South Asia Remains Vulnerable to Shocks

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WASHINGTON, April 2, 2024—Growth in South Asia is expected to be strong at 6.0% in 2024, driven mainly by robust growth in India and recoveries in Pakistan and Sri Lanka. But persistent structural challenges threaten to undermine sustained growth, hindering the region’s ability to create jobs and respond to climate shocks, says the World Bank in its twice-a-year regional outlook.

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