Your commute to work, the family gathering, the food on your table, and the goods you buy –
all rely on transport and our lives are unthinkable without it. But transport also represents a growing threat to our planet. Buses, cars, planes, ships, and trucks burn fossil fuels, and this causes climate change.
Tag Archives: President
The World Bank’s Bold New Vision
“To create a world free of poverty – on a livable planet.”
This vision and mission will test the sincerity of our ambition – it sets us on a journey that will require reimagined partnerships, a new way of working and thinking, an innovative plan to scale and replicate, additional resources, and optimism for what could be possible.
In all corners of the globe, people are eager to go to work, and to create with their own hands. They want a better life for their children and grandchildren.
We must be the hand on the back – moving people forward. We must be an institution that exports optimism and impact.
2023 Annual Meetings: A New Vision for Challenging Times
ANNUAL MEETINGS HIGHLIGHTS 
- Expanded financial capacity. Stronger partnerships. Deeper engagement with the private sector. More efficient processes.
- The Bank has adopted new tools that could provide $157 billion in additional lending capacity over a decade.
- The Bank is exploring loan maturities of 35 to 40 years to help countries better navigate long-term social and human capital investments.
The World Bank’s Bold New Vision
“To create a world free of poverty – on a livable planet.”
This vision and mission will test the sincerity of our ambition – it sets us on a journey that will require reimagined partnerships, a new way of working and thinking, an innovative plan to scale and replicate, additional resources, and optimism for what could be possible.
In all corners of the globe, people are eager to go to work, and to create with their own hands. They want a better life for their children and grandchildren.
We must be the hand on the back – moving people forward. We must be an institution that exports optimism and impact.
Climate Policies for a Low-Carbon Future: Lessons from 25 Case Studies
The Future of Financial Inclusion
Annual Meetings: World Bank Events
Annual Meeting World Bank Group and IMF
World Bank Group Announces Comprehensive Toolkit to Support Countries After Natural Disasters
June 22, 2023—The World Bank Group today announced a suite of new and expanded actions to help countries respond quickly and effectively to an ever-growing onslaught of crises.
At the Summit for a New Global Financial Pact, Ajay Banga announced an expanded toolkit for crisis preparedness, response, and recovery that includes: (1) pausing debt repayments; (2) redirecting financing; (3) linking crisis preparedness and financing; (4); backstopping development projects with private sector support, and (5) building enhanced catastrophe insurance without debt.
The Hidden Wealth of Nations: Groundwater’s Critical Role in a Changing Climate
STORY HIGHLIGHTS 
- As “nature’s insurance,” groundwater protects food security, reduces poverty, and boosts resilient economic growth, but the resource is threatened by overexploitation and pollution.
- High-level political action is needed to prioritize groundwater and align the private and social costs of its use.
- A new World Bank report considers the economic value of groundwater, the costs of misusing it, and the opportunities to leverage it more effectively.

October 9-15, and we hope you’ll join us! 
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