The world is entering a decade defined by two hard realities: a historic demographic surge and tighter public finances.
Yet current projections suggest that far fewer jobs will be created. The gap is large — and it is growing. It’s exacerbated with every shock — conflict, natural disasters, and economic volatility.
Continue readingGuarantees to AMEA Power would support up to 23 renewable energy and battery storage projects in countries across Africa, the Middle East, and Central Asia.
Washington, April 9, 2026 – The Multilateral Investment Guarantee Agency (MIGA), home of the World Bank Group Guarantee Platform, has signed a framework agreement with AMEA Power, Ltd. to support a portfolio of guarantees of up to 23 renewable energy and battery storage projects—including onshore wind power plants, solar photovoltaic power plants, and battery energy storage systems—across countries spanning Africa, the Middle East, and Central Asia.
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Jobs and the environment are deeply interconnected. The environment shapes livelihoods, productivity, and economic transformation. Labor markets determine how societies adapt to environmental conditions. Jobs are also central to prosperity and poverty reduction, providing income, hope, and dignity.
However, over the next 10 to 15 years, about 1.2 billion young people in developing countries will reach working age, while only around 400 million jobs are expected to be created. Compounding the jobs gap further, are environmental pressures that are already weighing heavily on livelihoods and economic potential. In many developing countries, degraded air, water, and land reduce productivity and limit opportunities for workers and businesses alike.
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2026 Spring Meetings – Building prosperity through policy
“Credit: World Bank Group. All rights reserved”
WASHINGTON D.C., March 30, 2026 – The World Bank has approved a $500 million International Development Association (IDA) credit for the Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW) Project, aimed at increasing smallholder farmers productivity, strengthening agricultural value chains, and creating jobs while improving food and nutrition security.
Continue readingWASHINGTON, DC, March 20, 2026 — The World Bank’s Board of Directors approved a new project in Brazil’s Legal Amazon to support jobs, expand renewable energy generation, and lower energy costs across one of the world’s most ecologically significant regions. The project will help create quality jobs, expand access to reliable electricity for more than one million residents currently without basic energy services, and support the Amazon in attracting investment and securing its share of the growing global clean energy economy.
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New project will modernize geoscientific data, streamline permitting, and unlock private investment in strategic minerals
WASHINGTON, March 16, 2026 — The World Bank Board of Directors approved a new project to support Peru in becoming more competitive, transparent, and sustainable in the mining sector—laying the foundation for more and better jobs across the value chain.
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