Damages to Physical Structures Estimated at $18.5 billion as of end January
WASHINGTON, April 2, 2024 – The cost of damage to critical infrastructure in Gaza is estimated at around $18.5 billion according to a new report released today by the World Bank and the United Nations, with financial support of the European Union. That is equivalent to 97% of the combined GDP of the West Bank and Gaza in 2022.
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The Millennium Challenge Corporation (MCC) will host a “Procurement@20: The Revised Procurement Framework” webinar on April 3, 2024, from 10:00 AM to 11:00 AM (U.S. EST).
We will host the same webinar in French on April 25, 2024, from 10:00 AM to 11:00 AM (U.S. EST).
Under Procurement@20, MCC has revised the policy, guidelines, and tools that MCC partner countries use to contract with private sector firms, aiming to streamline and accelerate the procurement and contracting process. These revisions will be shared with webinar attendees and MCC staff will be on hand to answer any questions.
Procurement and business opportunities, along with other ways to work with MCC are available on our Work With Us page.
There is no cost to attend the webinar.
government and invests it in her small doughnut business. “I buy baking flour and make doughnuts for selling,” says Marcelina, a widow, who uses the money she makes to support her late sister’s five children. “From my last bi-monthly payment of 300 Kwacha ($14), I made doughnuts and sold them for 400 Kwacha that helps me pay for school fees for the orphaned children I look after. I urge all other widows to not only eat the money but grow it like I do.”
On March 19-20 the ‘Transforming Transportation’ conference at the World Bank took place,
which was co-hosted by WRI Ross Center for Sustainable Cities and attended by various officials and organizations from the Netherlands.
Across two days of technical sessions and plenaries, more than 150 speakers joined thousands of participants in Washington, D.C., and online to accelerate innovation and create new partnerships. The conference covered key topics of concern for both climate change and sustainable development, including public transportation, electric mobility, walking and cycling, road safety, and increasing access to jobs, education and health care.
It is 2024 and still one billion people live more than two kilometers away from an all-weather
road, one in six women worldwide don’t job search out of fear of harassment on transit, and road crashes claim over 1 million lives every year, a whopping 92 percent of which are in developing countries.
Digital technologies are transforming economies, creating jobs, and improving lives. They have dramatically changed communications, business, health, education, finance and more.
Yet the digital divide remains stark and is becoming synonymous with a development divide. Billions of people around the world are still offline, and digital advancement has been uneven, exacerbating the gap between the digital haves and the have-nots.
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In May 1988, Alejandra Arévalo became the first female geologist to enter an underground mine in Chile. In doing so, she defied a popular myth: that a woman brings bad luck by venturing into a mine. She also broke the law.
Continue readingOn International Women’s Day 2024, we celebrate women’s achievements, yet recognize the urgent need to accelerate gender equality and equal opportunity for all. Too many women are still held back, and the cost of inaction is high.
Reforms aim to deliver simplicity and access, supported by CEOs and G20 Expert Group
WASHINGTON, February 28, 2024 – The World Bank Group today announced a major overhaul to its guarantee business that will deliver simplicity, improved access, and faster execution through a new, convenient marketplace. The new reforms are critical to achieving the goal of tripling annual guarantee issuance to $20 billion by 2030.
Netherlands for the World Bank 
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