Tag Archives: RVO

Tackling corruption: A collective global responsibility

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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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Spring Meetings 2015

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With 1.2 billion young people in emerging economies reaching working age over the next decade—and only about 420 million jobs expected to be generated—the urgency of finding scalable and sustainable solutions has never been greater.

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.

Spring Meetings | World Bank Group

Countries and Co-Financiers Working Together to Power Regional Energy Integration in Western Africa

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The Development Challenge

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Access to reliable, affordable, and sustainable energy is key to unlocking Africa’s socio-economic transformation. This is the focus of Mission 300, an ambitious effort between the World Bank and the African Development Bank, amongst other partners, to connect 300 million people to electricity in sub-Saharan Africa by 2030. With electricity comes new opportunities for jobs, trade, and investment, as well as better schools, hospitals, and other essential services. Lives change. In 2020, only 52 percent of the population in Western and Central Africa had access to electricity services. Reaching those without access, including over 220 million people in Western Africa, requires overcoming challenges related to geography, high electricity costs, weak institutional capacity, and political instability.

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Evolving to create digital pathways for all

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The digital world doesn’t wait. It evolves—fast. Those who don’t adapt risk being left behind. For the World Bank Group, this isn’t just a challenge, it’s a mandate. 

In low- and middle-income countries, where this transformation can be key to unlocking jobs, economic growth, and better public services, the urgency to act is even greater. That’s why we’re changing our approach to digital development to better meet the speed and scale of today’s transformation.

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Five things to know about the new Human Capital Data Portal

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Investing in human capital—the knowledge, skills, and health people accumulate over a lifetime— unlocks a nation’s wealth and the full potential of individuals. Reliable measurement of human capital development is crucial to this effort. From local to global, human capital data provides key insights into effective approaches, guides efficient resource allocation, and strengthens policymakers’ commitment to investing in people, fostering sustainable and inclusive economic growth.

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Sahel RESILAND: Scaling-up sustainable solutions for dryland forests

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Dryland forests in the Sahel are remarkable ecosystems that embody resilience and adaptability. Stretching across the arid landscape, iconic tree species such as Acacia, Baobab, and Shea trees stand as symbols of endurance, providing vital resources like food, medicine, and shade for both communities and livestock. These tenacious forests are not only lifelines for biodiversity but also cornerstones of local livelihoods.

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4 key facts about forests and food: our experts weigh in

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Forests and food are interconnected. As the world accelerates towards a food transition that delivers better, more sustainable outcomes for people and the planet, we must recognize that forests, woodlands, and landscapes are critical to this transition, but also to wider sustainable development goals. Investments in forests are investments in local communities, national economies, and our planet. We spoke to two of our forestry and agriculture experts on the topic.

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Empowering Women Tech Entrepreneurs in Georgia Unleashes Innovation

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STORY HIGHLIGHTS

  • Women in Georgia’s technology sector face the same market challenges as men in launching startups but must also contend with preconceived notions of “acceptable” women’s work, and these biases can impact access to funding, mentorship, and networking.
  • The World Bank has helped the country address this gap by providing training and mentorship opportunities to thousands of entrepreneurs, over half of them women.
  • GENIE Program graduates—like Nato Toronjadze, founder and CEO of Bizon, and Ana Robakidze, founder and CEO of Theneo—despite the challenges, have turned their innovative ideas into successful ventures that are creating jobs and boosting growth.
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Securing water in an uncertain world: The power of multi-stakeholder action

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The most pressing global risks over the next decade are environmental—and all closely linked to water. Extreme weather, biodiversity loss, critical changes to Earth’s systems, and natural resource shortages top the list of concerns, according to the World Economic Forum Global Risk Report 2025. These risks underscore the need for long-term strategies to safeguard ecosystems, secure resources, and build resilience.

Yet, these risks do not exist in isolation. Misinformation and disinformation rank among the most pressing short-term risks, eroding trust in governance and complicating efforts to address shared crises. Water management is no exception—securing water is not just about scarcity, pollution, or infrastructure, but about governance and cooperation. The challenge lies not only in ensuring water access but in aligning efforts across users, providers, and regulators, to manage it effectively.

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Consultations on the World Bank’s New Country Engagement Approach

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As part of its Evolution Process, the World Bank Group is reviewing its country engagement approach to align it with its new vision and mission while becoming more efficient, outcome-focused, and more systematic in tapping into private sector solutions wherever possible. 

To inform the new country engagement approach, we will hold formal consultations with external stakeholders. Online consultations opened on January 16, 2025, and consultation meetings will be held in all seven operational regions of the WBG starting February. The consultations will close on March 21, 2025. The meetings will follow a hybrid format, combining in-person and virtual participation. Rethinking the Approach to WBG Country Engagement will provide the basis for consultations. To see the consultations outreach plan, click here.

Note: The approach paper is now available in Arabic, Chinese, French, Portuguese, Russian, and Spanish.

ONLINE CONSULTATIONS

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