World Bank

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …

Multi-donor trust fund against climate change opposed

Forming multi donor trust fund in the name of aiding Bangladesh in facing risk of climate change is an evil strategy, speakers said at a press conference yesterday. Rejecting "Climate Change Strategy and Action for Bangladesh" of the government, they said the strategy paper was prepared according to the advice …

Water supply for Wegala

A water supply for Wegala in the Meda-Dumbara electorate will be inaugurated today by Urban Development Minister Dinesh Gunawardena on the invitation of Central Province Chief Minister Sarath Ekanayake at Wegala, Teldeniya. Chief Minister Sarath Ekanayake said this is another programme under the Mahinda Chintanaya to provide pure drinking water …

World Bank experts help Wasa cut water losses

World Bank (WB) consultants on Monday offered their services to the Water and Sanitation Agency (Wasa) for reducing water losses in the city to ensure round-the-clock supply of drinking water while utilising the available sources. The WB experts on a three-day visit to Rawalpindi would come up with a methodology …

New light on global poverty?

C.P. Chandrasekhar The World Bank

The United States and International Water Policy

This article examines the role of the United States in international institutions and practices for governing water. Water is a critical global challenge of environmental protection and human security. Water is also characteristic of a set of

Biodiversity, climate change and adaptation: nature-based solutions from the World Bank portfolio

Climate change is a serious environmental challenge that could undermine the drive for sustainable development. Since the industrial revolution, the mean surface temperature of earth has increased an average of 1degree celsius per century due to the accumulation of greenhouse gases in the atmosphere. Furthermore, most of this change has …

The bottom 1.4 billion

IN APRIL 2007 the World Bank announced that 986m people worldwide suffered from extreme poverty

Pakistan needs more steps to save economy: WB

The steps taken by the Pakistan government to support its economy in the face of an increase in prices of oil and food commodities at international level are commendable, World Bank Vice President for the South Asian Region Isabel Guerrero said at the end of her two-day visit to Pakistan. …

Rich or Poor? New Faultline in UN Climate Talks

Rich countries are pushing developing nations with the strongest economies to do far more to combat climate change, opening a faultline between rich and poor in UN talks on global warming. The European Union, for instance, says that some developing nations such as Singapore, Argentina and some OPEC states have …

World Banks new poverty norms find larger number of poor in India

NEW DELHI: With an upward revision in its international poverty line norm from $1 a day, a World Bank study has revealed that nearly five out of 10 Indians are living on less than $1.25 (approx. Rs. 55) a day. And what is worse, their number is on the rise, …

Poor Nations Need US$130 Bln a Year On Climate - WWF

Rich nations will need to provide about US$130 billion a year by 2030 to help developing countries cope with climate change, or about five times current flows, the WWF conservation group said on Wednesday. A WWF study showed that there were 16 funds, run by UN agencies, the World Bank …

Developing nations need $170 b to mitigate climate change

The World Bank said on Tuesday at the ongoing Accra Climate Change Talks in Ghana that a total of $170 b was required between now and 2030 to enable developing countries mitigate and adapt to the impact of climate change. According to the official News Agency of Nigeria, Eduardo Dopazo, …

The cost of food (editorial)

THAT, according to World Bank estimates, the recent rise in food prices has pushed as many as four million people back into poverty, merely puts a number on a crisis that we have all been well aware of for quite some time now. However, diagnosing the problem is not the …

Impact of food-price rise: 40 lakh people pushed below poverty line: WB

Bangladesh could increase rice productivity from 30 to 60 per cent by using hybrid seeds, improvement of crop management and proper utilisation of fertilizer for attaining food security. "Open Market Sale (OMS) of rice, social safety net programmes and 100 day Employment Guarantee Scheme (EGS) are some of the effective …

India has fewer poor people: World Bank

Bs Reporter / New Delhi August 27, 2008, 0:36 IST India has brought down the number of people living below $1 a day by 2 percentage points to 24.3 per cent in three years up to 2005, as Asia's third-largest economy accelerated to 7 per cent plus growth in those …

Nepal gets Rs 880 million in grants from World Bank

The World Bank extended its support package Nepal with 880 million rupees in grants in Kathmandu on Tuesday. The amount has been given to Nepal for the peace process, health programme and rural drinking water project. Finance Secretary Rameshwor Khanal and Ms Susan Goldmark, World Bank Country Director for Nepal, …

World Bank pledges $5.52 million for carbon finance project

The World Bank will provide $5.524 million (of which $2.869 million long-term debt) to proposed Carbon Finance project "Lahore Composting" (Saif Group, Pakistan, the sole owner of Lahore Compost Ltd-LCL) to avoid generation of methane emission from biodegradable wastes and improve cultivated land by using compost as a natural soil …

Agflation helps poor, says study

CHENNAI Studies conducted by economists at the Carnegie Endowment for International Peace (CEIP) have deduced that rising global food prices can actually help improve the conditions of the majority of the poor and alleviate poverty in the country. Ms Sandra Polaski, senior associate and director at the CEIP pointed out …

WB for cooperation in energy among Saarc countries

In the backdrop of sluggish progress in cooperation among South Asian nations, the World Bank (WB) is now persuading for specific projects to strengthen regional collaboration in energy, transport, food security and other sectors. The WB has already started a technical study on different projects and their feasibility to ascertain …

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