WASHINGTON, May 19, 2026—Carbon pricing revenues have tripled over the past decade—rising from below $30 billion in 2016 to mobilizing more than $107 billion for public budgets in 2025, according …
World Bank Group
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The Government of the Bolivarian Republic of Venezuela and the World Bank, following the announcement of the resumption of institutional engagement, carried out an official visit this week in Caracas, …
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Economy & Development
Western Balkans – Modernizing Property Rights to Build Confidence for Investment and Opportunity
by NNW Bureauby NNW BureauDevelopment Challenge Land and property markets in the Western Balkans have long suffered from outdated records, fragmented cadastral systems, overlapping jurisdictions, incomplete parcel information, and slow registration processes. These structural weaknesses created …
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Economy & Development
Pacific Economies Must Shift Toward Jobs and Long-Term Resilience as Global Uncertainty Persists
by NNW Bureauby NNW BureauSUVA, May 12, 2026— The World Bank Group’s new Pacific Economic Update projects regional growth to slow to 2.8 percent in 2026, as rising fuel and shipping costs, supply chain …
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Economy & Development
Turning Water Access into Jobs and Livelihoods: Lessons from Barwaaqo in Somalia
by NNW Bureauby NNW BureauFor Halwo Shire, a mother living in Kalluun Dacar in Galmudug State, the impact of having access to water is tangible. “Before, we used to walk six kilometers just to find water,” says Halwo Shire. “By …
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Economy & Development
World Bank Prices New AUD 2 Billion with 5.5-Year Sustainable Development Bond
by NNW Bureauby NNW BureauWASHINGTON, D.C., May 7, 2026 – The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA) today priced an Australian dollar 2 billion 5.5-year Sustainable Development Bond due November 2031. …
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Economy & Development
New US$1 Billion World Bank Group Development Financing to Support Egypt’s Private Sector–Led Job Creation, Macroeconomic Stability, and a Greener Economy
by NNW Bureauby NNW BureauWASHINGTON, May 8, 2026 – The World Bank Group has approved US$1 billion in financing to support Egypt’s efforts to boost private sector–led job creation, strengthen macroeconomic and fiscal resilience, and …
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Economy & Development
Building Resilience, Powering Jobs and Growth for The Gambia’s Future
by NNW Bureauby NNW BureauBANJUL, May 5th, 2026 – The World Bank Group today released its Country Climate and Development Report (CCDR) for The Gambia, placing jobs, livelihoods, and economic opportunity at the center of the …
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Economy & Development
New Partnership Between the World Bank Group and Pacific Island Countries Prioritizes Jobs and Resilience
by NNW Bureauby NNW BureauSUVA, May 5, 2026— A new six-year partnership between the World Bank Group and nine Pacific Island countries will support country-led priorities to create more and better jobs, strengthen public …
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Economy & Development
Strengthening the Partnership Between the World Bank Group and CGIAR: A Roundtable on the Future of Food, Land, and Water
by NNW Bureauby NNW BureauOn April 13, 2026, World Bank Group Executive Directors gathered with CGIAR leadership for a frank 90-minute roundtable on the future of food, land, and water, moderated by Nathalie Francken, …