Join us in welcoming Ajay Banga as the new President of the World Bank Group. We are committed to creating a world free from poverty on a livable planet.
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The official World Bank Twitter. Our mission is to end extreme poverty & promote shared prosperity. Check also: , & .
World Bank’s Tweets
Is the world on track to reach #SDG7 on universal access to energy by 2030?
& just released their annual #TrackingSDG7 Report Find more about the new publication here ➡️ wrld.bg/EtwX50OMb7S
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The COVID-19 pandemic underscored the importance of building resilient systems & breaking the “panic & neglect” cycle.
Akihiko Nishio, VP of Development Finance, highlights how invests in preparedness through a new Crisis Facility.
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From 3 hours to 20 minutes, that is how much Fran's commuting time has been reduced since she became one of the 600,000 daily users of the , a system that has the potential to improve mobility in Lima, #Peru.
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In 14 countries worldwide, women have 100% of the legal rights of men:
Belgium, Canada, Denmark, France, Germany, Greece, Iceland, Ireland, Latvia, Luxembourg, the Netherlands, Portugal, Spain & Sweden.
More data in the 2023 #WomenBizLaw report: wrld.bg/TsGT50OM9tE
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The 's #SDGAtlas provides timely data visualizations and interactive storytelling to guide decision-making & measure progress toward #SDGs.
Join the #SDGAtlas launch and see how data-driven innovations can help progress toward the 2030 Agenda.
wrld.bg/xxIa50OJ8tJ
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#Guinea pledges 30% natural resource preservation by 2030, recognizing ecosystems' importance for livelihoods & water supply.
-funded project aids in developing protected areas, reducing emissions, improving resilience, and creating green jobs. wrld.bg/II8550OMawI
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The Group has been a long-standing partner to #Peru. Ajay talked with Dina Boluarte about how to maximize our impact through knowledge, financing and technical assistance to improve the lives of all Peruvians.
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Presidenta Dina Boluarte se reunió con los titulares del @BancoMundial, Ajay Banga, y del @el_BID , Ilan Goldfajn, con quienes se ratificó el compromiso de seguir trabajando en conjunto en el impulso de proyectos en salud, educación, vivienda, transporte, y agua y saneamiento.
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Ajay was also joined by for a meeting with Peru's Minister of , .
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Ahora | Ministro de Economía y Finanzas, @AlexContreras_M, se reune con el presidente del @WorldBank, Ajay Banga, y con el presidente del @el_BID, Ilan Goldfajn, para revisar el estado de los proyectos que ambas instituciones internacionales desarrollan en nuestro país.Show this thread
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Ajay and ’s president teamed up in #Peru to showcase the power of partnerships and rethink together together how to maximize our articulation in favor of the people of Latin America and the Caribbean.
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Thrilled to arrive for this historic joint visit to the region with Ajay Banga from @WorldBank. It is also my first time in #Peru as @the_IDB president. We have a productive agenda planned in this beautiful country, w/ authorities & partners, to continue #ImprovingLives together.
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Free legal assistance can be life changing for the most vulnerable people. In #Peru, ALEGRA Centers provide support to thousands of people, especially women, many of whom seek help for child support or who are victims of domestic violence.
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With strength and determination, Maritza has moved her family and business forward. The 's Project provides her with the financing she needs to do it. Women's financial inclusion is key to promoting equity and #EndPoverty.
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She is one of the more than 600,000 daily users of Lima’s Metropolitano, a system that is being expanded with support from the Group to help improve the city’s mobility (2/2).
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Ajay met Franmary, a Venezuelan migrant in #Peru, who told him how the helps her get to work faster, freeing her time to study and share with friends (1/2).
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Did you know that about 184 million people—or 2.3% of the world’s population—live outside their country of nationality? The newest episode of the #DevelopmentPodcast explores the challenges and opportunities around migration.
🎧 Listen now! wrld.bg/3JNR50OM9yR
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Here are the 6 steps developing countries can take to propel their energy transition—and attract private investment to sustain that change. ’s new framework shows how. #ScalingUp2PhaseDown #ReThinkingEnergy wrld.bg/9U3b50OM9k5
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Global growth is projected to decelerate from 3.1% in 2022 to 2.1% in 2023.
What's driving that slowdown? What needs to be done to unleash growth?
Watch the latest Expert Answers with World Bank's Deputy Chief Economist, Ayhan Kose: wrld.bg/88Q650OM9a3
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A green economy is a sustainable economy. We're helping communities transition to a low-carbon future, creating new opportunities for jobs and growth. wrld.bg/nCnt50OM8SP #ClimateActionWBG #InvestInPeople
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This is Maritza, a young Peruvian entrepreneur who is expanding her business thanks to a loan from , part of ´s work to empower women in #Peru. Today she shared her story with Ajay Banga, the new president of the Group.
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Our project in #Yemen 🇾🇪 has helped 7,000+ farmers with training and equipment for modern farming techniques to improve productivity and save fuel and water & created 47,500 more jobs: wrld.bg/GrKj50OM9wx #IDAworks
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Forests are key to reducing carbon emissions, but #Honduras forest loss was 12% between 2010 and 2021.Practices such as illegal logging are contributing to this deforestation.
How can the country change this situation? Find out: wrld.bg/9OKV50OM8Up #ClimateAndDevelopment
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What are global public goods? Something that everyone can use and benefit all of us, like access to fresh drinking water, education, roads & bridges. Watch this video to learn more. #ReshapingDevelopment
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., & staff celebrate #PrideMonth with #LGBTQ+ colleagues advancing #SOGIEEqualityNow.
Homophobia, transphobia, & biphobia hinder sustainable development. Confronting discrimination is crucial for achieving the SDGs and creating an equitable world.
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Blue finance will help build a resilient and sustainable ocean economy. That is why IFC has financed more than $1 billion in blue loans and blue bonds to the private sector in emerging markets to unlock the potential of the blue economy. wrld.bg/AcBc50OANsW #WorldOceansDay
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Women in agriculture tend to be in more seasonal or informal jobs and own smaller plot sizes than men.
The is promoting equality by helping women farmers receive grants to grow their businesses and contribute to food security in Central Asia.
wrld.bg/KpLs50OCiNK
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The 2023 Atlas of Sustainable Development Goals (SDGs) showcases the power of data in achieving #SDGs.
Join us on June 21, 10-11 am EDT, as we explore data's critical role in policymaking, identify challenges, and discuss innovative solutions. wrld.bg/puuG50OIgJS
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Global growth is projected to decelerate from 3.1% in 2022 to 2.1% in 2023.
What's driving that slowdown? What needs to be done to unleash growth?
Watch the latest Expert Answers with World Bank's Deputy Chief Economist, Ayhan Kose: wrld.bg/XZZf50OKNPj
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The ’s Co-Director of the World Development Report, Xavier Devictor, joins the #DevelopmentPodcast to talk this year’s report, policies, and how countries can better manage migration. Tune in! 🎧 wrld.bg/gMkn50OKNQh
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In #Ghana, sustainable cocoa farming has reduced deforestation and 972,000 tons of carbon emissions. Learn more: wrld.bg/YS3R50OKNEE #ClimateStories_WBG
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Controlling deforestation, managing water resources, and decarbonizing transportation are some of the recommendations of the#Peru Country Climate and Development Report.
Get it here: wrld.bg/nm0u50OKNEK #PeruCCDR #ClimateActionWBG
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Lower-income countries cannot afford the upfront costs of transitioning to clean energy.
Learn how to build a ‘virtuous cycle’ to propel a pipeline of renewable energy projects that attract private investment. wrld.bg/R2Lj50OItkQ
GIF
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If the number of female-owned businesses matched male-owned firms, #Indonesia could gain > US$428 million annually.
Unlocking Indonesian women's economic potential is crucial for gender equality and boosting the economy. Learn more:
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. Group Deputy Chief Economist Ayhan Kose outlines the dire tradeoffs faced by Low-income Countries (#LICs) due to limited fiscal resources & intensifying fiscal challenges.
Read the Global Economic Prospects 2023 report ➡️wrld.bg/92uq50OKNFy
#GEP2023
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Investing in our ocean helps countries tackle the climate, nature, and pollution crises; food insecurity; and many other challenges to development.
This #WorldOceansDay learn how a Blue Economy approach can help us safeguard our ocean while fighting poverty. #PROBLUE_Oceans
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10%
That is how much % of GDP #Cameroon 🇨🇲 can lose without urgent climate action.
Learn more in the new #CameroonCCDR: wrld.bg/bUHy50OKNSA #ClimateAndDevelopment #ClimateActionWBG #COP27
GIF
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Without the means to fund #energytransition, developing countries often:
➡️ Pay more for electricity
➡️ Lack access clean energy projects
➡️ Are locked into fossil fuel projects
How do we unlock clean energy for all? Read ’s blog:
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"Carbon pricing must continue to grow, both in terms of coverage and price, to drive the transformational change needed to meet the Paris temperature goals."
reflects on the “State and Trends of Carbon Pricing 2023” report: wrld.bg/6yUE50OKNBk #PriceOnCarbon
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“The government has called them modern heroes. They continue to protect the economy from headwinds,” says on migrants from the Philippines.
Hear more in the #DevelopmentPodcast: wrld.bg/aViG50OKNo1
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In 2024, per capita incomes in > 1/3 of low-income countries will still be below 2019 levels.
Read the #WBGEP2023 report for the latest economic forecasts ➡️ wrld.bg/n7Sz50OKNxt
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