WASHINGTON, March 23, 2023—World Bank Group President David Malpass today announced a new approach to strengthen private sectors and the delivery of Private Capital Facilitation in World Bank Group operations and knowledge work aimed at increasing growth and the resources available for development and climate costs.
Tag Archives: World Bank
Reminder on Subcontract and Subaward Reporting Requirements
Letter from USAID
Dear Partners,
The purpose of this letter is to remind prime contractors and recipients of their responsibilities to report certain subawards and subcontracts in the Federal Funding Accountability and Transparency Act (FFATA) Subaward Reporting System (FSRS), available at FSRS.gov.
Dutch cabinet accelerates plan for hydrogen production at sea
The cabinet wants to install the first large-scale green hydrogen production at sea in
the North Sea, north of the Wadden Islands. The production location will be located next to two wind farms and should be operational around 2031. The green hydrogen is brought ashore through pipelines.
Remembering the lessons of COVID-19 to build resilience for future shocks in Europe and Central Asia
From January 2020 until recently, COVID-19 dominated international headlines and our
thoughts. Europe and Central Asia were severely hit by COVID-19, facing among the highest excess death rates in the world.
Food Security Update | World Bank Response to Rising Food Insecurity
Latest Update – February 27, 2023
Domestic food price inflation remains high around the world. Information from the latest month between October 2022 and January 2023 for which food price inflation data are available shows high inflation in almost all low- and middle-income countries, with inflation levels above 5% in 88.9% of low-income countries, 87.8% of lower-middle-income countries, and 93.0% of upper-middle-income countries and many experiencing double-digit inflation. In addition, about 87.3% of high-income countries are experiencing high food price inflation. The countries affected most are in Africa, North America, Latin America, South Asia, Europe, and Central Asia.
Penny for your thoughts? Why coordination among creditors is key to sustainable debt
We know that when used wisely and transparently, debt is important to finance
development.
Unlocking Clean Cooking Pathways : A Practitioner’s Keys to Progress (English)
Global Vendor Forum for Women-Owned Businesses: Accessing Consulting Opportunities at the WBG -March 22, 2023
Are you a women-owned business interested in doing business with the WBG? Join the
World Bank Group Corporate Procurement unit for an engaging presentation on how to access corporate procurement opportunities.
EVENT DETAILS
- Registration: Registration for this event is required and participation is free.
- Language: The language of the event will be English.
- CONTACT: Corporate Procurement
- corporateprocurement@worldbank.org
The World Bank Group and International Women’s Day
Ahead of International Women’s Day on March 8, I want to share an update on the World
Bank Group’s work on gender.
Addressing critical gender gaps, including female labor force participation, offers an opportunity to boost incomes and stimulate growth. Research from the World Bank has repeatedly made clear that accelerating gender equality can generate significant economic gains.
For women and girls in Benin, multi-faceted gender reforms offer new opportunities
STORY HIGHLIGHTS
- A new law expands the definition of gender-based violence (GBV) and increases or institutes punishments to tackle the scourge of GBV.
- An overhaul of health regulations improves women’s access to reproductive health, including contraception, particularly for youth in youth-friendly facilities.
- The World Bank is supporting Benin through a multi-faceted program to improve the lives of women and girls.
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