Tag Archives: RVO

Annual Meetings: World Bank Events

Posted on by

The World Bank Group-International Monetary Fund Annual Meetings are back this year from 800d55482b8a001430e9bd85208db430e8752f1021f4bcb1d0087a3ce4d82684October 9-15, and we hope you’ll join us! 

Live from Marrakech, Morocco, the 2023 Meetings focus on what it will take to end poverty on a livable planet. Events will explore the new playbook we need to respond to intertwined global challenges. What solutions have worked on the ground in developing countries? How do we boost jobs, digital infrastructure, and climate action?

Mark your calendar and sign up for email reminders to join our public events online. This is your opportunity to interact with central bankers, ministers, private sector executives, civil society representatives, youth leaders, academics, and others on issues facing our world today. Ask questions to our experts and join the conversation with the hashtag #WBmeetings, as we bring you our events in English, Arabic, French and Spanish.

 

 
 

 

How to scale up renewable energy investments

Posted on by

Dependence on fossil fuels in many countries leads to a vicious cycle of increasing costs,virtuous cycle1 higher energy prices for consumers, more pollution that impacts people’s health, and higher greenhouse gas emissions that endanger the planet. In contrast, transitioning to renewable energy can unlock a virtuous cycle that produces lower-cost electricity for consumers, builds resilience, and helps mitigate climate change. 

However, renewable energy projects do not materialize, and countries remain trapped in the vicious cycle. This happens despite the fact that many developing countries have some of the best solar and wind resources in the world. So how can we support governments to break free from fossil fuel dependency and catalyze the virtuous cycle for clean energy?

Continue reading →

Announcing winners of the fifth World Bank and Financial Times youth blog competition

Posted on by

It’s been a complicated—and often frustrating—few years for students all over thethumbnail_2023_ft-wb_blog_winners_-_framed world. The COVID-19 pandemic profoundly changed the way children around the world learn.  Remote classes. Closures. Masks. It was a lot to deal with, and the long-term consequences could be severe.

Continue reading →

Reforms could boost World Bank lending to developing countries by nearly $190 bln -study

Posted on by

WASHINGTON, Sept 26 (Reuters) – Reforming the World Bank’s approach to risk could unlock nearly $190 billion in additional urgently needed lending for developing countries without jeopardizing its AAA credit rating, a study commissioned by the Rockefeller Foundation found.

Continue reading →

Tackling Food Insecurity

Posted on by

Stories of resilience from Madagascar, the Central African Republic, and Egypt

Global Trends in Child Monetary Poverty According to International Poverty Lines

Posted on by

Statement by World Bank President Ajay Banga, IMF Managing Director Kristalina Georgieva, and Morocco’s Minister of Economy and Finance Nadia Fettah Alaoui on the 2023 World Bank-IMF Annual Meetings

Posted on by

WASHINGTON, September 18, 2023—World Bank President Ajay Banga; International Monetary Fund (IMF) Managing Director Kristalina Georgieva; and Kingdom of Morocco Minister of Economy and Finance Nadia Fettah Alaoui, today issued the following statement:

Continue reading →

World Bank Announces New Steps to Add Billions in Financial Capacity

Posted on by

The World Bank is taking bold new steps to increase its lending capacity, a major boost in firepower that will give millions of people a chance to escape poverty and improve their lives.  At this critical moment in history, and echoing the calls from the international community, the Bank is doubling down to tackle intertwined challenges – jobs, climate, fragility, and pandemics. These efforts entail decisive action to build a better Bank to achieve a world free of poverty on a livable planet.

Continue reading →