Closing the gender gap in irrigation through policy reforms, leadership opportunities, and equal access to resources is key to improving agricultural productivity and sustainability.
World Bank
As the world faces pressing issues like poverty, inequality, and climate change, the poorest communities are often the hardest hit. The aims to provide social protection to at least 500 million people by 2030, including 250 million women. Economic inclusion programs are vital in boosting income and assets, offering pathways to better job opportunities and resilience. These initiatives now reach 15 million households, benefiting over 70 million people globally, largely through government-led efforts, with NGOs providing additional support. However, nearly 700 million people still live on less than $2.15 per day, highlighting the ongoing fight against extreme poverty and the need to scale up these programs.
Generative AI is poised to reshape the job market, raising critical questions about its impact on youth unemployment and underemployment. Despite a global surge in college enrollment, many graduates face job markets that fail to match their qualifications, particularly in developing nations. Youth unemployment is alarmingly high, with developing countries struggling to create stable, productive jobs for their educated populations. For instance, over 70% of young workers in Sub-Saharan Africa are in insecure employment. GenAI’s potential lies in boosting productivity in high-skill service sectors, but it also risks accelerating “premature de-professionalization,” making white-collar jobs harder to secure. The urges developing nations to adopt AI swiftly to access complex, growth-driving industries. Delayed adoption risks further cycles of unemployment and stagnation for the 1.2 billion youth entering the workforce in the next decade.
The World Bank Group's tracks measurable outcomes across key indicators, enhancing transparency and accountability to effectively combat poverty and improve lives.
Investing an extra $500 million annually in developing countries could enhance infrastructure, but strong regulatory frameworks are essential for attracting private investment.
Fighting corruption is vital to the ’s mission to end extreme poverty and promote shared prosperity on a livable planet. Here are it is doing it.
Amid recent restrictions in Afghanistan, Mumtaz, Ahmad, and Zeyba's lives were upended, but a and project offers a lifeline through community-driven employment and support initiatives.
Adaptive proves to be a profitable investment, reducing poverty, enhancing food security, and bolstering resilience against climate change and shocks.
Over half of the collected revenue from power, industry and new sectors, such as aviation and shipping is used to fund climate and nature programmes.
has partnered with the to support Ukraine rebuild essential logistics infrastructure.
After Cyclone Idai, the Zimbabwe Idai Recovery Project funded by the has been pivotal in helping Nation and his community rebuild and foster long-term resilience.
World Bank's report, assesses the gap between legal reforms and actual outcomes for women in 190 economies.
The global economy seems to be improving as 2024 begins, but caution is in order. The World Bank's indicates that growth is expected to decelerate for a third year in a row. The 2020s are shaping up to be an era of wasted opportunity, with the weakest global growth performance of any half-decade since 1990. The end of 2024 will mark the halfway point of what was supposed to be a transformative decade for development-one that would eliminate extreme poverty, eradicate major communicable diseases, and nearly halve greenhouse gas emissions. Weak economic growth threatens to undermine many global requirements, making it harder for developing countries to generate the investment needed to tackle climate change, improve health and education, and meet other key priorities.
Global growth is projected to slow for the third year in a row, almost three-quarters of a percentage point below the average of the 2010s.
2023 is the year of inequality and it’s been made tougher by the compounding threats of climate change, fragility, conflict and violence, and food insecurity.