Also available in: Russian Over the years, Bucharest has improved its cycling infrastructure. Photo: Stelian Pavalache Over the past year, people living in Bucharest, the capital of Romania, are…

Yevgen Yesyrkenov |

CPLC Design Meeting at World Bank Group Headquarters Credits: Max Thabiso Edkins This week, the World Bank Group released the latest version of our annual State and Trends of Carbon Pricing report…

Thomas Kerr |

Fossil fuel subsidies are bad economic policy, bad social policy and bad for the environment. Yet, many countries have some type of fossil fuel subsidy. In 2013, those subsidies added up to nearly…

Marianne Fay |

Spring Meetings 2015 At this year's climate ministerial of the World Bank Group/IMF Spring Meetings, 42 finance and development ministers discussed phasing out fossil fuel subsidies, putting…

Rachel Kyte |

Also available in Français | Español | 中文 In January, World Bank Group President Jim Yong Kim urged the audience at the World Economic Forum in Davos to look closely at a young, promising form of…

Heike Reichelt, Alexandra Klöpfer |

Average economic losses from natural disasters are rising, despite considerable efforts to better manage risk from natural hazards over the last few decades. Data from Munich Re shows a sharp rise…

Rachel Kyte |

World Bank Vice President for Sustainable Development Rachel Kyte issued the following statement welcoming the United Nations announcement today of two new UN special envoys on climate change:…

Climate Change Group |

Today, three countries – Norway, the United Kingdom and the United States – pledged $280 million to the World Bank’s BioCarbon Fund, kicking off a groundbreaking initiative for sustainable forest…

Ellysar Baroudy |

Photo: Bishwa Pandey/World Bank Like other countries in the Eastern Caribbean region, Belize is highly vulnerable to natural hazards such as coastal and inland flooding, high winds, fire, and…

Justin Locke |