Tag Archives: President

March 2024 global poverty update from the World Bank: first estimates of global poverty until 2022 from survey data

Posted on by

Global poverty estimates were updated today on the Poverty and Inequality Platform (PIP).As explained in more detail in the What’s New document, more than 100 new surveys were added to the PIP database, bringing the total number of surveys to more than 2,300. With more recent survey data, this March 2024 PIP update is the first to report a global poverty number for 2020-2022, the period of the COVID-19 pandemic. We estimate that COVID-19 increased extreme poverty in the world, as measured by the international poverty line of $2.15, from 8.9 percent in 2019 to 9.7 percent in 2020 (see Figure 1). This is the first increase in global poverty in decades. It is in line with earlier estimates of the COVID-19 impact which used limited survey data and GDP growth projections. 

Continue reading →

Transforming Challenge into Action: Expanding Health Coverage for All

Posted on by

World Bank Live registration

Health care is an investment, not an expense.  Affordable accessible health care can unlock human capital and economic dividends for countries. 

Today, over half of the world’s population―around 4.5 billion people―lack access to essential health services. And two billion people face financial hardships due to health-related expenses. This is compounded by a range of growing risks such as climate change, pandemics, fragility, and conflict. 

Watch this event to learn how the World Bank is working closely with countries and partners to address these challenges and help ensure more people across the world have greater access to high quality and affordable health care. 

Better data needed to green the digital transformation

Posted on by

Artificial intelligence (AI) and other digital technologies have piqued global excitement with their promise to drive economic growth and opportunity, unlock scientific breakthroughs, and build better services. But as we race to close the global digital divide, we must also ask ourselves some tough questions.

Continue reading →

2024 Spring Meetings: Vision to Impact

Posted on by
Mark your calendars for the 2024 Spring Meetings. We will come together April 15-20 to explore how to tackle global challenges head-on, including solutions to ramp up finance and knowledge, foster private sector investment, and prepare for future crises. Tune in as we livestream high-level events.

Spring Meetings

2024 Spring Meetings: Vision to Impact

Posted on by
Mark your calendars for the 2024 Spring Meetings. We will come together April 15-20 to explore how to tackle global challenges head-on, including solutions to ramp up finance and knowledge, foster private sector investment, and prepare for future crises. Tune in as we livestream high-level events.

Spring Meetings

Voices from Western and Central Africa: Standing Up for the Power of Girls

Posted on by

STORY HIGHLIGHTSpower-of-girls-western-and-central-africa-v6

  • Women and girls across the African continent yearn for learning and dream of a better future where they can pursue their education, stay healthy, find work, and care for their families at the same time.
  • Many countries in the region are taking steps towards political and economic inclusion. The latest World Bank’s Women, Business, and the Law report highlights that Sub-Saharan Africa continues to advance reforms to close the legal gender gap, but a broad gap remains between laws on paper and the reality on the ground.
  • Here are five stories of change that highlight voices of girl champions from the region having ripple effects within their communities and entire countries and economies.

Continue reading →

MCC Webinar: Procurement@20: The Revised Procurement Framework

Posted on by

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).

RSVP

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.

Destination: resilient and sustainable transport for all

Posted on by

It is 2024 and still one billion people live more than two kilometers away from an all-weathertransport-1440x500.jpg 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. It is unbelievable that despite all our human advances, the world faces such stark gaps in transport access. 

Continue reading →

When Women Win, the World Wins

Posted on by

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 reading →