September 26, 1960 marked the beginning of a new chapter in the World Bank’s history b
y introducing one of the most effective instruments in the global fight to eradicate poverty: “The International Development Association (IDA), a new international agency for financing economic growth in the less developed countries, came into being today as an affiliate of the World Bank,” read the release.
governments to catalyze private investment in climate adaptation and resilience.From education to entrepreneurship, global recovery efforts need to pay
particular attention to the needs of women and girls.
When the 2008 recession hit, few asked how stimulus measures would affect women compared with men.
Firms and workers continue to be deeply impacted by the COVID-19 pandemic as it enters its 
eleventh month. Building on insights from COVID-19 Business Pulse Surveys, the first blog post in this series described the implications of the crisis for firm sales, employment, and financial performance, while the second discussed record levels of uncertainty and firms’ coping strategies, including adoption of digital technology. This third and final part of the series focuses on public policy responses.
Despite contributing the least to the climate crisis, Sub-Saharan Africa, home to over 1 billion 
people, continues to suffer some of the worst consequences of a changing climate. In 2019, we saw the catastrophic impacts of Cyclone Idai on millions of people in Mozambique, Zimbabwe, and Malawi, and in 2020, locusts caused widespread food insecurity in the amidst of a global pandemic.
Evidence from outbreaks similar to COVID-19 indicates that women and girls can be affected in particular ways, and in some areas, face more negative impacts than men. In fact, there is a risk that gender gaps could widen during and after the pandemic and that gains in women’s and girls’ accumulation of human capital, economic empowerment and voice and agency, built over the past decades, could be reversed. The World Bank Group is working to ensure that projects responding to COVID-19 consider the pandemic’s different impacts on men and women.
Pakistan’s schools are reopening again today after a nearly uninterrupted 11-month hiatus. In March 2020, the Government of Pakistan closed all schools as part of a nationwide lockdown, prompting the Ministry of Federal Education and Professional Training (MoFE&PT) to seek education alternatives to ensure learning continuity.
Returns to schooling for women are high – so says Bono and the research. A couple of years ago, in an essay in Time magazine Bono wrote: “Give girls just one additional year of schooling and their wages go up almost 12 percent.” He said the same thing a year before that at the Munich Security Conference. The source of that quote was a 2014 World Bank paper and a recent update confirms this is still the case. At the same time, girls are staying in school longer and learning more. However, these gains are at risk as COVID-19 is presenting a crisis within a crisis for girls’ education.
The toxic cocktail of climate change, conflict, and COVID-19 is making itself felt most intensely 
in the world’s poorest and most vulnerable countries. As a result, a record 235 million people worldwide will need humanitarian assistance and protection in 2021 – an increase of 40% from last year.
World Bank Live Presents : The COVID-19 pandemic has caused major disruptions in the global economy that could have lasting adverse effects. If history is any guide, the global economy is heading for a decade of growth disappointments. Uncertainty about the post-pandemic economic landscape and policies has discouraged investment; disruptions to education have slowed human capital accumulation; concerns about the viability of global value chains and the course of the pandemic have weighed on trade and tourism.
ensure that girls and women can realize the returns to their schooling. 
Netherlands for the World Bank 
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