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Last month, the World Bank issued a five-year outcome bond that aims to provide clean drinking water to around two million school children in Vietnam. A lack of clean drinking water causes an…
Natural capital - nature’s bounty - is the wealth of the poor. Its degradation and loss are their burden to carry. Degradation of nature could cause the poorest countries to lose 10% of their GDP…
In advance of the next meeting of the Sovereign Debt Roundtable on April 12, I want to provide a quick update on recent developments and reiterate my call for prompt action toward debt…
Our upcoming Spring Meetings will focus on Reshaping Development for a New Era – this is an excellent opportunity to take stock of progress being made to tackle the many challenges facing global…
We know that when used wisely and transparently, debt is important to finance development. Prudent debt can power economies and pave the way for a resilient future—allowing countries to focus on…
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…
A lack of practical knowledge around inclusion of women with disabilities, as well as data gaps are factors that impede effective interventions. Women with disabilities are largely absent from…
. Pandemics, economic slumps and extreme weather events were once tail-end risks, but all three have hit South Asia in rapid succession since 2020. COVID-19 alone put millions of lives and…
The financial services industry around the world has been transformed by technology-enabled financial services—known as fintech. This disruptive technology is reshaping financial products,…
Empowering women helps countries overcome crises, unleash trillions of dollars in economic potential, and improve community wellbeing. Yet, globally, the advancement in women’s education has not…