WASHINGTON, NOVEMBER 7, 2025 — Following Hurricane Melissa, the Government of Jamaica will receive a full payout of $150 million under its catastrophe insurance coverage with the World Bank, backed by ...

Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year ...

Job creation is central to the World Bank Group’s vision of creating a world free of poverty on a livable planet. The sustainable management of forests—which cover more than 30% of the earth’s surface ...

Our thoughts are with the people of Jamaica as they face the devastating impact of Hurricane Melissa. We are working closely with the Government of Jamaica and international partners, including the ...

By combining satellite data with economic and land-use information, Continental Drying: Threat to our Common Future, offers ...

Creating Jobs, Growing Economies ...

Bulgaria has undergone a significant transformation over the past three decades. It has transformed from a highly centralized, planned economy to an open, market-based, high-income economy securely ...

Stéphane Hallegatte is Chief Climate Economist at the World Bank. He joined the World Bank in 2012 after 10 years of academic research in environmental economics and climate science for Météo-France, ...

Haiti is extremely vulnerable to natural disasters. Meanwhile, the country’s economic and social development continues to be hindered by some fragility drivers. The World Bank is committed to support ...

(11/4/25) The energy price index fell 3.7% in October, driven by a 5.1% decline in crude oil prices, partially offset by a 7.5% rise in U.S. natural gas prices. The non-energy price index changed ...

Over the past decade, the African Centers of Excellence (ACE) have trained thousands of students in key fields such as health, agriculture, digital technology, energy, and the environment. But behind ...

Low- and middle-income countries can transition to low-carbon, resilient growth pathways if key conditions are met with international support WASHINGTON, Nov. 3, 2022—Investing an average of 1.4% of ...