The following article is from the Philips Global website
WASHINGTON, Oct. 23, 2025 — The World Bank’s Board of Executive Directors today approved a new program to improve the life expectancy and quality of life for 11 million elderly and vulnerable people in the state of Kerala through wider access to health coverage and resilient health systems.
Good health empowers people, creates jobs, and drives economic growth. It fuels productivity, strengthens resilience, and acts as a powerful engine for employment—each health job generates up to 3.5 additional jobs in related sectors. We are working closely with countries and partners to reach 1.5 billion people with quality, affordable health services by 2030 which could create 29 million additional jobs. Investing in health is investing in economic opportunity. Join us in advancing health for all—share this video, start a conversation, and support efforts to expand quality, affordable health care. Together, we can create healthier communities, unlock economic opportunity, and build a brighter future for all.
“Credit: World Bank Group. All rights reserved”
As leaders from across African governments, the private sector, civil society, and international development partners gather this week in Japan for the ninth Tokyo International Conference on African Development (TICAD), it’s encouraging to see health taking a prominent place on the agenda.
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Over the past decade, internet access in low- and middle-income countries has surged, with 62% of the population online by 2022 (The World Bank). This growing connectivity has led governments, researchers, and development organizations to turn to social media for spreading important health messages. However, social media algorithms tend to prioritize the most active users, making it unclear whether campaigns reach and impact those who need them most—such as individuals at high risk of contracting malaria.
Climate change is an urgent human crisis. Since 2022, 400 million students worldwide have
faced school closures due to extreme weather, with low-income countries losing an average of 18 school days each year. By 2050, the health costs of climate inaction may well surpass $21 trillion in low- and middle-income countries.
Imagine a world where strategic investments in health not only save lives but also drive 
economic growth and resilience. This vision was at the heart of the 7th Annual Health Financing Forum, where hundreds of participants and experts recently gathered to explore health financing in the post COVID-19 era.
Commodity prices are projected to experience a slight downturn in 2024 and 2025 but are expected to remain above pre-pandemic levels. Energy prices are expected to decline by 3 percent in 2024, as notably lower prices of natural gas and coal offset higher oil prices, followed by a further decline of 4 percent in 2025. Agricultural prices are expected to ease as well in this year and next amid improved supply conditions. Metal prices are set to remain steady in 2024, before rising slightly in 2025. Although the price forecasts assume no further conflict escalation, risks remain tilted to the upside, stemming from the possibility of conflict in the Middle East and its consequent impact on energy supplies.
Continue reading“Banking on Women Who Trade Across Borders” underscores the critical need for gender
equality in international trade and trade finance. Despite the documented positive impacts of women-owned businesses on economic growth and poverty reduction, a significant gap remains in understanding how international trade intersects with female participation, particularly in accessing trade finance. Drawing from interviews across Africa and Latin America, the report explores the challenges faced by female entrepreneurs and proposes solutions.
Netherlands for the World Bank 