WASHINGTON, D.C., August 18, 2026 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD 4 billion benchmark bond that matures in August 2033. With …
World Bank
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Economy & Development
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The World Bank Group is mobilizing a comprehensive response to the earthquake that struck Colombia on August 10, working alongside the Government of Colombia and development partners to address immediate …
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Economy & Development
Syria: World Bank Approves US$100 Million Grant for Financial Sector Modernization
by NNW Bureauby NNW BureauWASHINGTON, August 7, 2026 – The World Bank Board of Executive Directors approved yesterday a US$100 million grant from the International Development Association (IDA) to support Syria in building the foundations …
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The energy price index eased 1.1% in July, driven by declines in coal (-4.8%) and crude oil (-2.2%), partly offset by a 19.1% surge in Europe natural gas, according to …
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A critical forecast built on eroding data Earlier this year, the Global Report on Food Crises, which tracks Integrated Food Security Phase Classification (IPC) assessments globally, confirmed famine (IPC Phase 5) …
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Economy & Development
Philippines Reaches Upper-Middle-Income Status; Bolder Reforms Critical for More Inclusive Growth and Job Creation
by NNW Bureauby NNW BureauMANILA, August 3, 2026 – The Philippines has reached upper-middle-income country (UMIC) status. Sustaining and deepening that achievement will require the right reforms to navigate current headwinds, unlock stronger, more inclusive …
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World Bank Appoints Lisa Finneran as Vice President for Partnerships, Innovation and Mobilization
by NNW Bureauby NNW BureauWASHINGTON, July 30, 2026 — The World Bank Group (WBG) has appointed Lisa Finneran as Vice President for Partnerships, Innovation and Mobilization (PIM), effective September 1, 2026. The Vice Presidency, housed …
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Economy & Development
How Amazonian rangers are building better jobs on the frontline of conservation
by NNW Bureauby NNW BureauEvery year on July 31, World Ranger Day offers us a moment to celebrate the people standing on the frontlines of nature. This year’s theme, Guardians of a Changing Planet, …
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Economy & Development
Extreme heat is a jobs crisis—South Asia’s cities can’t afford to wait.
by NNW Bureauby NNW BureauEvery morning, Rekhaben and her husband push their vegetable cart onto the streets of Ahmedabad, India, knowing they will spend the day under the scorching sun. During the hottest hours, …
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Economy & Development
A Market-Based Approach to Scaling Clean Cooking in the Democratic Republic of Congo (DRC)
by NNW Bureauby NNW BureauIn the DRC, the World Bank-supported FOREST Program is scaling clean cooking through results-based financing for local enterprises. Backed by IDA and ESMAP, the effort aims to equip 500,000 households …