World Bank Group Provides New Financing in Support of India’s Reform Program to Boost Growth and Jobs

WASHINGTON, June 18, 2026—The World Bank’s Board of Executive Directors today approved $1.5 billion in financing to support India’s structural reforms to boost private sector-led job creation and economic growth under the Boosting Job Creation in the Private Sector Development Policy Financing (DPF) Operation.

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Resilience built to last: countries turning adaptation into everyday practice

Climate adaptation is often treated as tomorrow’s problem. Adaptation means building resilience into the physical, natural, and human capital countries rely on to create jobs, deliver services, and protect people. With 1.2 billion young people entering the workforce in developing economies over the next decade, the ability of countries to protect and improve livelihoods depends on whether those systems can withstand the pressures climate change is already placing on them.

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More Than 160 Young People Participate in Chile 2026 Youth Summit on the Jobs of the Future

Organized by the World Bank Group, the Federation of Chilean Industry (SOFOFA), the UC Chile University, and América Solidaria, the event brought together young people alongside representatives from the public sector, private sector, academia, and civil society to reflect on the labor challenges and opportunities that will shape Chile’s future.

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Five ways the World Bank Group is turning mineral wealth into jobs and growth

The global race for minerals and metals is accelerating. As urbanization, agriculture, digitalization, and energy needs intensify worldwide, demand for these minerals could double by 2040.  For resource-rich developing countries, this is a major opportunity — not only to supply global markets, but also to create jobs, build industries, and strengthen economic resilience at home.  

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As Aid Shrinks, Jobs Become Central to Self-reliance for Host Communities and Refugees in Kenya

STORY HIGHLIGHTS

  • In Kenya, poverty and joblessness remain entrenched among host communities and refugees, especially in camps, while humanitarian assistance has declined.
  • Jobs are disappearing in labor markets shared by host communities and refugees: refugee employment has collapsed, while host communities face persistently weak job prospects.
  • The Shirika Plan is a historic opportunity, but self-reliance will remain out of reach without jobs. Success hinges on enabling work through enhanced mobility, private investment, and targeted, shock responsive support.
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Turning Water Access into Jobs and Livelihoods: Lessons from Barwaaqo in Somalia

STORY HIGHLIGHTS

  • Barwaaqo is improving access to water and livelihoods for more than 600,000 people across Somalia through community led solutions.
  • Multi use water points support farming, livestock, and small local services, helping households turn water access into income.
  • Inclusion and local service delivery is being strengthened; women make up 31%of trained Community Animal Health Workers.
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