By 2050, cities will be home to an additional 2.5 billion people, with two out of every three
people living in urban areas. The mounting impacts of climate change, combined with the COVID-19 pandemic and its aftermath, and conflict and fleeing populations, hit cities the hardest and requires them to become resilient to shock waves of change. Cities are also uniquely vulnerable to climate shocks and natural disasters. At the same time, investing in cities can deliver major impact for green, resilient, and inclusive growth.
Tag Archives: World Bank Group
COVID-19 Drives Global Surge in use of Digital Payments
Three quarters of adults now have a bank or mobile money account; gender gap in account
ownership narrows
WASHINGTON, June 29, 2022— The COVID-19 pandemic has spurred financial inclusion – driving a large increase in digital payments amid the global expansion of formal financial services. This expansion created new economic opportunities, narrowing the gender gap in account ownership, and building resilience at the household level to better manage financial shocks, according to the Global Findex 2021 database.
When the debt crises hit, don’t simply blame the pandemic
Every debt crisis begins with unheeded warnings and ends with severe limits on investment
in education, health, and infrastructure among other things. These crises often spark civil unrest and government collapse, delivering a lasting setback to the growth prospects of the affected country.
Madagascar: $220 Million to Improve Basic Water and Sanitation Services and Supply
ANTANANARIVO, June 17, 2022—The Government of Madagascar and the World Bank signed the recently approved $220 million National Water Project. The project seeks to increase access to water services in the Greater Antananarivo area and selected secondary towns, and to improve the performance of the water and energy utility (JIRAMA).
Behind the Mission: Young Professionals Program (WBG YPP)
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REPLAY: The Way Forward: A Conversation with David Malpass and Samantha Power
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eC2: Country Assessment to promote unconventional water resources and resource recovery from wastewater under circular economy principles to enhance financial sustainability, water security
Deadline: 14
-Jul-2022 at 11:59:59 PM (Eastern Time – Washington D.C.)
The World Bank is supporting with the Government of South Africa to promote the prioritization and design of investments that leverage unconventional water sources and that recover resources from wastewater and fecal sludge to make the water sector more financially and environmentally sustainable, while increasing water security and resilience.
Re-establishing trust in the digital age of accelerated innovation
Is this the golden age of innovation? 
It has been said that we now find ourselves in the “Golden Age of Innovation.” While it is undeniably true that we live in a time when the pace of technological change is faster than ever before, from available new digital technologies to the data that fuels them the picture is not always as rosy as some would have it.
Raising the bar on debt data transparency
Total public debt stands at an alarming 50-year high in low- and middle-income economies,
the equivalent of more than 200 percent of government revenues.
WBG Procurement Opportunities
Interested in Doing Business with the World Bank Group? Please see selected opportunities
below.
Procurement Framework and Regulations for Projects After July 1, 2016 (worldbank.org)
Netherlands for the World Bank 
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