Global Trends in Child Monetary Poverty According to International Poverty Lines, published
jointly by the World Bank and UNICEF, presents estimated trends in child poverty from 2013 to 2022, based on three international poverty lines: $2.15 (extreme poverty), $3.65 (lower middle income), and $6.85 (upper middle income). The estimates show that:
Tag Archives: Youth
Statement by World Bank President Ajay Banga, IMF Managing Director Kristalina Georgieva, and Morocco’s Minister of Economy and Finance Nadia Fettah Alaoui on the 2023 World Bank-IMF Annual Meetings
WASHINGTON, September 18, 2023—World Bank President Ajay Banga; International Monetary Fund (IMF) Managing Director Kristalina Georgieva; and Kingdom of Morocco Minister of Economy and Finance Nadia Fettah Alaoui, today issued the following statement:
World Bank and IDB Join Forces to Maximize Development Impact
Partnership will boost innovation and unlock opportunities across Latin America and the Caribbean
WASHINGTON, August 31, 2023 ― The World Bank and the Inter-American Development Bank (IDB) today announced a groundbreaking four-year partnership to drive stronger results for people in Latin America and the Caribbean.
How a new financing pact can help climate-vulnerable countries
This blog originally appeared in the Project Syndicate on September 8, 2023
Amid an escalating climate emergency and a global debt crisis, calls for a new “fit for climate” global financial architecture are growing louder throughout the developing world. The urgent need for decisive action has been underscored by Barbadian Prime Minister Mia Mottley’s Bridgetown Initiative, the V20 group of climate-vulnerable countries, and the recent Paris Summit for a New Global Financing Pact. This week’s Africa Climate Summit in Nairobi presented a unique opportunity to promote much-needed measures to support low-income countries in pursuing sustainable growth.
In Southern Angola, a Race to Manage Scarce Water While Promoting Economic Growth
Beer is 95% water (the rest is alcohol and gas). In Lubango, a city on a high plateau in
Southern Angola, the makers of N’Gola beer depend heavily on a water source of exceptional quality. Rainwater seeps into the vertical crevasses of Tundavala, breathtaking rock formations 2,200 meters above sea level. It collects in the rock then rushes downhill to Lubango, producing at times 200 cubic meters of water per hour. The source is so special it is mentioned on the N’Gola beer label and stylized as a golden waterfall with a crown.
How solar can empower African youth
This week, as we gather in Nairobi for the Africa Climate Summit which brings together
policymakers from across the continent to talk about the climate challenges faced by African countries, I am encouraged by some of the stories of young Africans whose lives are being transformed by solar power – and the potential it has for the continent.
Investing in Nature for People and a Livable Planet: Armenia, Colombia, Ghana, and Tonga in VR 360°
Tackling Food Insecurity
Stories of resilience from Madagascar, the Central African Republic, and Egypt
We couldn’t even figure out how to face the next day or find food for our children.”
Volatsarasoa is a mother of four who lives in the village of Malangy, near the southern tip of Madagascar in one of the poorest regions in the country. With a fifth child on the way, she spends a lot of time thinking about a prosperous future for her children by learning from the experiences of her recent past.
When the El Niño phenomenon hit during the 2015-16 rainy season, Madagascar recieved just 50-80% of its normal precipitation – triggering a drought and crop yields that were 90% below normal.
“Me, my husband, and my children suffered a lot because there was no food, and we were starving. We barely ate, most of the time just a cup of rice for all of us, and only in the evening. It was very hard, and we couldn’t even figure out how to face the next day or find food for our children with everything going on I was worried. I was panicked.”
What Is Food Security and How Is the World Bank Supporting the Most Vulnerable Households?
Building a better food system
More people than ever before—828 million, according to the most recent estimates—do
not know where their next meal will come from. Yet we are producing more food than ever, with cereal grain production at an all-time high. How did we get so far off track in ending hunger and how do we get back on course?
Netherlands for the World Bank 
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