Over the past year, I’ve seen a growing interest in, and a stronger demand for, better tools to prepare for and respond to crises. Our partners in government, the private sector, civil society, foundations, and other development organizations send us the same message time and time again: In the face of crisis, we need greater preparation and faster access to financing.
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The production and use of development data have undergone significant transformation over the past two decades. The shift from paper-based records to digital formats has made data more accessible and easier to share. The open data movement has dramatically increased the availability of government and institutional datasets, which in turn catalyzed greater opportunities for analysis, transparency, and innovation. And major advances in big data and data science have further expanded both the volume and diversity of information guiding development policy.
Amid rapid advances in artificial intelligence (AI), development data has now reached another pivotal juncture: the evolution to AI-ready development data—data that is readily discoverable, comprehensible, accessible, and usable by both humans and AI applications.
Continue readingWASHINGTON, July 18, 2025—The World Bank is strengthening its procurement requirements to help address the jobs challenge in developing countries by requiring companies working on World Bank-funded projects to include local labor participation in civil works contracts.
Continue readingOne Year Anniversary of the Co-financing Platform
Launched in April 2024, the Co-financing Platform currently has 16 members, including MDBs and bilateral partners. It presently hosts over 160 pipeline projects and 10 projects have had their financing needs met.
Read more about the Platform’s journey in this immersive story!
Since 2006, The World Bank’s annual Country Policy and Institutional Assessment (CPIA) Report has been a guide for countries, policymakers, and investors, identifying key trends and best practices that support effective public service delivery and foster a more resilient and prosperous future for Sub-Saharan Africa (SSA). The CPIA is an annual diagnostic tool for SSA countries eligible for financing from the International Development Association (IDA), the part of the World Bank that helps the world’s low-income countries by providing grants and low to zero-interest loans for projects and programs that boost economic growth, reduce poverty, and improve people’s lives. The CPIA Report aims to capture the quality of each country’s policies and institutional arrangements, focusing on the elements within the country’s control. The scores are designed to assess sustainable growth and poverty reduction. The CPIA provides scores for each country, and an overall regional score, on a scale of 1 (lowest) to 6 (highest) in four clusters: economic management, structural policies, social inclusion and equity policies, and public sector management and institutions. The scores inform governments of the impact of each country’s efforts to support inclusive growth and poverty reduction, and the overall score helps determine the size of the World Bank’s concessional lending and grants to low-income SSA countries. The report includes scores for IDA-eligible countries and acts as a touchstone for country monitoring and regional best practices.
Continue readingMANILA, July 15, 2025 – Strategic reforms that enhance foundational investments in connectivity and human capital, promote smarter regulations and competition, and mobilize private investments for stronger job creation could propel the Philippines closer to a 7-percent growth trajectory, transforming it into a middle-class society by 2040.
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Over the past two decades, many developing countries have made remarkable progress in reducing poverty, expanding access to education and health care, and investing in infrastructure. These gains were the result of sound national policies and coordinated efforts by the international community, often financed through responsible borrowing.
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Energy efficiency is a transformative, low-cost solution that can fast-track access to affordable and secure energy and boost economic growth. Amid soaring power demand, driven in part by air conditioners, heavy industry, and, increasingly, data centers needed to power artificial intelligence, energy efficiency can help countries avoid overspending on new energy infrastructure, importing fuels, and taking on more debt for their energy sectors.
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Jobs are the surest path out of poverty, but not all jobs are the same. “Good jobs” provide not only income but also stability, security, and benefits that enhance well-being and strengthen communities.
These distinctions became evident in the latest Life in Transition Survey (LiTS) conducted by the European Bank for Reconstruction and Development (EBRD) in collaboration with the World Bank. More than half (54%) of respondents identified sufficient income as the most important characteristic of a good job, followed by job stability (23%), good working conditions (11%), and benefits (5%). Yet these features are often missing in the widespread informal employment found across Europe and Central Asia (ECA), and the Middle East and North Africa (MENA).
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The World Bank’s annual State and Trends of Carbon Pricing report is aimed at providing an up-to-date overview of existing and emerging carbon pricing instruments around the world, including international, national, and subnational initiatives. It focuses on identifying key developments relating to all forms of direct carbon pricing – emissions trading systems, carbon taxes, and carbon crediting mechanisms. This year’s report will be the twelfth (in its current format) – building on many decades of World Bank Group’s work in this space.
Netherlands for the World Bank 
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