The past decade has seen slow but steady progress toward reducing the number of children who are living in extreme poverty worldwide. Yet despite this progress, children remain disproportionately affected by extreme poverty. They represent over half of the global population living on less than $3.00 per day, even though they make up only 30% of the total population.
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How an Urban Program in Ethiopia Delivered More than a Million Jobs
Highlights
- With World Bank support, over 1.15 million jobs were created as a result of the Ethiopia Urban Institutional and Infrastructure Development Program (UIIDP).
- Infrastructure investments in 117 cities helped improve living conditions for more than 6.6 million people, fueling employment and economic growth.
- Strengthened local governance and financial systems enabled cities to plan, deliver, and sustain job-generating urban development, even amid conflict and pandemic disruptions.
The Global Sanitation Crisis: Pathways for Urgent Action
The Global Sanitation Crisis: Pathways for Urgent Action report examines the risks that poor sanitation poses to people, economic growth, and the environment. It outlines practical steps that cities and countries can take to accelerate progress toward universal access to resilient, safely managed sanitation—promoting healthy communities, sustainable environments and reduced greenhouse gas emissions, thriving economies, resilient cities, job creation, and greater human productivity.
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Delivering Jobs for People Living in Poverty
Evidence from India, Niger, and Zambia shows lasting income gains and strong returns from economic inclusion programs— generating up to $3.8 in benefits for every $1 invested within 10 years.
Now more than ever, people need better access to jobs. In emerging markets, 1.2 billion young people will reach working age over the next decade—yet only 420 million jobs are projected to be created. That leaves hundreds of millions, many of them from poor and vulnerable communities, without a clear pathway to a stable income, dignity, and opportunity.
Continue readingNew World Bank Operation Links Fiscal Sustainability and Forest Conservation in Amazonas
WASHINGTON, DC, August 28, 2025 – The World Bank Board of Directors has approved a new operation to boost the environmental governance of the State of Amazonas by enhancing its fiscal sustainability, and mobilizing finance for forest conservation and a low-carbon bioeconomy. This will provide more economic opportunities and jobs for the State’s population, especially Indigenous Peoples, smallholders, and traditional forest-dwelling populations.
Continue readingIn Ethiopia, Reviving Soil and Improving Farming Livelihoods
STORY HIGHLIGHTS
- Smallholder farmers have been taught to restore soil health by learning sustainable farming practices like vermicomposting and integrated pest management.
- The adoption of these techniques has led to increases in maize yields for individual farmers, improving their family’s food security and financial situation and contributing to broader community resilience.
- The Ethiopia Food Systems Resilience Program has so far reached over 1.2 million farmers with an even broader range of interventions.
Education is a key to jobs, growth, and lifelong learning
Education is a foundation for good jobs and the surest way out of poverty. We know a good education equips learners with important foundational skills—literacy, numeracy, and socio-emotional competencies—which are essential for work and life. These skills help today’s children become tomorrow’s productive workers and enable workers to reskill or upskill later in life.
Continue readingPrivate 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 readingPakistan: 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 readingLatin America and the Caribbean Jobs Update: How has employment evolved in the region?
A good job is the safest way out of poverty. The Regional Labor Outlook report summarizes the main trends related to labor markets in Latin America and the Caribbean. Download it here.
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