Sangay Choden, in her own words, displayed much Tha Dhantse—a Bhutanese concept of having the courage to do the right thing with integrity and loyalty. Choden was the first female science graduate in her family and now handles complex power projects with ease as the manager with the Bhutan Power Corporation Limited. She has climbed mountains, both literally and metaphorically, she says.
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How the World Bank is tackling the growing global waste crisis
Every year, the world produces over two billion tonnes of municipal waste, a figure expected to rise by 73 percent to nearly four billion tonnes by 2050. Managing this surge will be a major investment and policy challenge for cities in low- and middle-income countries.
Continue readingImproving Transport Connectivity for Food Security in Africa
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Despite increasing food production over the past three decades, 58% of Africans remain food insecure. Transport is an often-overlooked contributor to this challenge. Poor transport connectivity, failures at critical ports and border crossings, and high trade costs create long food supply chains that fail to reliably get staple products to people.
Continue readingA new approach to debt-for-development swaps
The idea behind debt-for-development swaps is straightforward: A country exchanges its expensive debt for cheaper debt, often supported by a credit enhancement like a guarantee, and then redirects the savings into development spending.
Continue readingHow Electricity is Powering Value Addition in Tanzania’s Villages
STORY HIGHLIGHTS
- Where villagers once struggled with basic tools and meager earnings, they now use modern electric machinery to create valuable finished products.
- From increased rice production and reduced transportation costs, to booming sunflower oil businesses, access to reliable power is boosting local economies.
- Tanzania is bringing its vision of universal electrification to reality with support from a $550 million International Development Association investment.
The hidden jobs engine: unleashing the potential of agriculture in sub-Saharan Africa
A common misunderstanding persists about job creation in Africa. Many envision cities as the epicenters of economic opportunity. Yet for millions in Sub-Saharan Africa, the path to decent work still winds through agriculture. With youth unemployment rising and cities unable to absorb the growing labor force, agriculture—still the region’s largest employer—must be transformed into a more productive, appealing, and innovative sector.
Continue readingLet There be Light: In Tanzania, More Electricity Brings Better Education and Health
STORY HIGHLIGHTS
- The World Bank is supporting the expansion of energy access through initiatives like the Tanzania Rural Electrification Expansion Program.
- Rural electrification is helping bridge the gap between urban and rural access to essential services.
- Lighting for evening study and regular access to academic assessment are improving student performance.
High five! How the World Bank Group is more focused on outcomes
The number five is often seen as a symbol of balance, progress, and transformation—much like the steady progress the World Bank Group has made since it set up an Outcomes Department five months ago. This new department seeks to elevate the way we measure our impact, strengthening our accountability for results. Just as five fingers help us build and create and the five senses allow us to experience the world around us, the department has worked to lay a strong foundation for the future.
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Spring Meetings 2015
SPRING MEETINGS 2025
Jobs – The Path to Prosperity
Tuesday, April 22, 2025
2:00-3:30 PM EDT/GMT-4 (local time)
Event | Spring Meetings 2025: Jobs – The Path to Prosperity | World Bank Live
This event tackles one of the defining and complex challenges of our time: how to meet the stable employment aspirations of the developing world’s fast-growing youth population.
Through powerful stories of young entrepreneurs, dialogue with private sector executives, and insights from World Bank Group leadership, the session will explore how to energize the creation of more and better jobs. From innovation to investment, skills to sectors, this event will be a moment to catalyze collective action for a future where every young person has a pathway to decent work.
The event will take place on April 22 at the World Bank headquarters in Washington, D.C. and will be broadcast on World Bank Live with interpretation in Arabic, French and Spanish.
Tackling corruption: A collective global responsibility
Corruption remains a persistent global challenge, with its impacts evolving alongside economic pressure and shifting governance landscape. While some countries are making progress, others are witnessing long-standing achievements come under scrutiny. In this context, there is a growing need to adapt strategies to new realities in our interconnected world. Collective action builds trust, fosters collaboration and innovation, and sustains momentum for achieving successful outcomes.
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