Private capital for infrastructure: Resilience amid uncertainty, urgency amid gaps

As the global economy continues to adapt to macroeconomic shifts, infrastructure investment remains a critical driver of job creation, long-term development opportunities and resilience. While recent interest rate hikes and inflationary pressures have reshaped return expectations and complicated financing conditions, infrastructure has stood firm as a preferred asset class. With relatively stable revenues and strong government support, infrastructure investment continues to offer investors lower risk, more predictable returns, and stronger performance than other private investment opportunities.

The World Bank’s Infrastructure Monitor 2024 presents new data and insights on how global trends are shaping private investment in infrastructure. It shows that while investment has continued to grow, especially in primary markets (i.e. greenfield and brownfield infrastructure as well as privatizations), disparities between regions and income levels are deepening. It also underscores that to close the investment gap, we must scale what works: targeted public support, sound regulation, and innovative financing instruments such as blended finance and guarantees.

Continue reading

World Bank Reenters the Canadian Dollar Bond Market with a CAD 1.5 billion Benchmark Bond

WASHINGTON, D.C. August 21, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a new 3-year CAD $1.5 billion Sustainable Development Bond that matures in September 2028.

The 3-year benchmark transaction pays a semi-annual coupon of 2.90% p.a. and has an issue price of 99.946% and a final spread of 9.8 bps over the CAN 3.25% September 2028 reference bond, offering investors a yield of 2.919% (semi-annual). Joint lead managers for this transaction are BMO Capital Markets, CIBC, National Bank Financial and Scotiabank.

Continue reading

Pakistan: World Bank Announces New Education Project to Benefit Over Four Million Children in Punjab

WASHINGTON, August 23, 2025— The World Bank has approved a US$ 47.9 million grant, funded by the Global Partnership for Education Fund, to help improve girls’ and boys’ participation at pre-primary and primary levels in Pakistan’s Punjab province. The new support is expected to improve learning outcomes at the primary level and strengthen remedial learning support at the elementary level of schooling.

The “Getting Results: Access and Delivery of Quality Education Services and System Transformation in Punjab Project” will expand early childhood education, re-enroll out-of-school children, strengthen teacher support, and improve the education sector’s responsiveness to climate change and emergencies.

Continue reading

Power More With Less: Scaling Up Energy Efficiency for Growth and Energy Security

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.  

Continue reading

Africa’s big push on electrification: A cautionary tale

Africa is home to the largest share of the world’s unelectrified population—an estimated half a billion people, mostly in rural areas. In recognition of the significant role of electricity in economic development, the region is poised to erase this unwelcome statistic by achieving universal access by 2030 through several national and multilateral initiatives.

Continue reading

From crisis to action: Mobilizing tools for rapid response and lasting resilience

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. 

Continue reading

2025 Global Gas Flaring Tracker Report

Highlights

  • In 2024, flaring surged by 3 billion cubic meters (bcm) to 151bcm, the highest level since 2007. The top nine flaring countries continue to account for three-quarters of all flaring, but less than half of global oil production.
  • More than half a billion people still lack reliable access to electricity. The associated gas wastefully burned each year is equivalent to Africa’s total annual gas consumption.
  • 389 million tonnes of carbon dioxide equivalent (MMtCO2e) emissions, including 46 MMtCO2e in the form of unburnt methane, were released by flares in 2024.


The latest Global Gas Flaring Tracker, an independent report of gas flaring worldwide, reveals that global gas flaring volumes rose to 151 bcm in 2024 from 148 bcm in 2023. This is the highest level since 2007. Flaring Intensity, the amount of flaring per barrel of oil produced, has remained largely unchanged in the last fifteen years.

The top nine flaring countries continue to account for three-quarters of all flaring, but less than half of global oil production. If captured and used, the gas flared could have helped provide energy for some of the world’s most energy-deprived people.

The increase in gas flaring in 2024 highlights the need for oil producers to rapidly accelerate efforts to end routine flaring and minimize pollution from oil and gas operations. The World Bank’s Global Flaring and Methane Reduction (GFMR) Partnership estimates that in 2024 flaring released 389 million tonnes of CO2e, with a significant portion in the form of unburnt methane.

The report highlights that countries committed to the Zero Routine Flaring by 2030 (ZRF) initiative performed significantly better than countries that have not made the commitment. However, while some countries have made progress reducing flaring, the overall increase in 2024 underscored the need for governments and operators to prioritize flaring reduction projects.

The report calls on governments and operators to act now to end routine gas flaring and reduce methane emissions from oil and gas production.

The World Bank’s annual Global Gas Flaring Tracker is a tool for monitoring and understanding the state of flaring worldwide and the progress made towards achieving Zero Routine Flaring by 2030. GFMR, together with the Payne Institute at the Colorado School of Mines, has developed global gas flaring estimates based upon observations from a satellite launched in 2012 and operated by the U.S. National Oceanic and Atmospheric Administration. The advanced sensors of this satellite detect the heat emitted by gas flares as infrared emissions.

About GFMR

GFMR is a multi-donor trust fund supported by governments, companies, and multilateral organizations committed to ending routine gas flaring and reducing methane emissions from the oil and gas sector. GFMR provides catalytic grant funding, technical assistance, policy and regulatory reform advisory services, capacity building and institutional strengthening for methane and flaring reduction projects. For example, GFMR mobilized $11 million to detect and repair methane leaks in Uzbekistan’s gas distribution network. The project has already eliminated 9,000 tones of methane emissions per year, with further reductions of 100 thousand tonnes of methane emissions expected each year.

World Bank Group Strengthens Procurement Requirements to Support Job Creation, Skills Development

WASHINGTON, 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 reading