世界银行

Weekly Update: ??World Bank Group at #COP29 This Week ??Multilateral Development Banks to Boost Climate Finance ??World Bank Expands Lifeline to Disaster-Hit Small States ??New Country Climate and Development Reports Insights #CCDR

What does it take for a country to transition from middle- to high-income status? The World Bank's ?????????? ?????????????????????? ???????????? ?????????explores how developing economies can escape the “middle-income trap” and presents a comprehensive roadmap for achieving high-income status. Discover how the “3i strategy” of investment, infusion, and innovation can fuel sustainable economic growth. ?? https://wrld.bg/4blb50UeajL #WDR2024

The private sector is essential for development but needs the right environment. The #BusinessReady report offers a balanced evaluation of business climates worldwide, drawing insights from experts across sectors. This year’s edition assesses 50 economies using 1,200 indicators per economy, with a goal of achieving global coverage by 2026. The report provides an extensive dataset to guide reforms in three key areas: the quality of regulations, the strength of public services to implement them, and the overall efficiency of the system. Learn more ??https://wrld.bg/HVuF50UcSWf

Extreme #poverty has surged in the face of challenges like the pandemic, climate shocks, and displacement. This underscores the urgent need for scalable, evidence-based initiatives to help vulnerable communities build resilience. Economic inclusion is one such solution, delivering impactful results. The World Bank's ?????????? ???? ???????????????? ?????????????????? ???????????? (??????) ???????? reveals that economic inclusion programs have doubled since 2021, now helping over 70 million people escape poverty through training, funding and support. But we're only reaching 10 percent of those in need. Learn more: https://wrld.bg/Px4u50Uc66y

Single-use plastics are a major contributor to plastic pollution. Join Anjali Acharya on #ExpertAnswers as she explores these products' environmental and health risks and The World Bank's efforts to address the issue. https://wrld.bg/KnOj50UaVN0 #COP29 #BeatPlasticPollution

New #FoodSecurity Update | Highlights: ??Since the last update on October 18, the agricultural and cereal price indices closed 1 and 2 percent higher, respectively; the export price index closed at the same level. ??Domestic food price inflation remains high in low- and middle-income countries. ??The November 2024 Agricultural Market Information System (AMIS) Market Monitor highlighted a range of price fluctuations and policy changes in global agriculture in October. ??In the most recent Commodity Markets Outlook, The World Bank is projecting a 4 percent decrease in agriculture commodity market prices index in 2025 before stabilizing in 2026. ??The latest Hunger Hotspots Report by the Food and Agriculture Organization of the United Nations (FAO) and the World Food Program World Food Program (WFP) warns about worsening acute food insecurity in 16 hunger hotspots (covering 22 countries and territories) that will require urgent action between November 2024 and May 2025. Download: https://wrld.bg/HsV650U9j8R

Climate change causes poverty, food insecurity, conflict, displacement, & health problems. Watch the #ExpertAnswers episode with Tamer Rabie, Global Program Lead for Climate and Health at The World Bank, as he shares insights on tackling these challenges. ??https://wrld.bg/vhG850U8cWc #COP29

At #G20Brazil, Korea announced it is pledging KRW 846 billion to #IDA21, a 45% increase over its previous contribution. The former IDA beneficiary-turned-donor is also hosting the final replenishment meeting in December. https://wrld.bg/p31a50U9AEK #IDAWorks The Ministry of Economy and Finance of the Republic of Korea

At #G20Brazil, Norway announced an early financial commitment to #IDA21, pledging a 50% increase over its previous contribution. The pledge reinforces Norway's steadfast dedication to global development and cooperation. https://wrld.bg/IzJF50U9lKr #IDAworks Norwegian Ministry of Foreign Affairs

As we wrap up week one of #COP29 in Baku, we’re reminded of the power of collaboration in advancing climate solutions for a livable planet and a future free from poverty. From private sector leaders to youth activists, everyone has a role in meeting this urgent challenge. Here are some key highlights from the week: ??????????????????????????: ??Multilateral Development Banks (MDBs) pledged $120 billion annually for climate finance in low- and middle-income countries by 2030, including $42 billion for adaptation and $65 billion from the private sector. ???????? ????????: https://wrld.bg/HiTN50U5ljw ??Responding to feedback from countries, The World Bank’s Climate Resilient Debt Clause (CRDC) now covers all natural disasters, including droughts, floods and health emergencies like pandemics. ???????? ????????: https://wrld.bg/xvvK50U5mgt ????????????: ?????????????? ???? ?????? ??????????????????: ?????????????? ???????????????????? ???????????????????? ?????? ?????????????? ?–Adapting to climate change is urgent, requiring faster, resilient development and targeted interventions ???????????????????? ?????????????????? ?????? ?????? ?????????? ???????????????????? ???? ???????????????? ?????? ???????????????????? ??????????????????? – Achieving global climate goals requires renewable energy investments, but developing economies need support. Our panel explored financing reforms, FDI for low-carbon tech, revenue policies, and public-private partnerships. ???????????????? ???????????? ??????-à-?????? ??????????????????????: ?????? ?????????????????????????? ?????????????????????? ?????????????????????? ???????????????????? – IDA is vital for climate action in 78 low-income countries. Leaders and experts discussed the need to scale its impact as it prepares for its 21st replenishment. ???????????????????? ?? ?????? ???????????????? ???? ????-???????? ???????????? ??????????????? – High-integrity carbon markets can drive climate action, but trust is lacking. We launched MIGA’s letter of authorization template administered by the WBG Guarantee Platform to secure insurability rights and standardize government commitments to investors. ???????????????????? ???????????? ???????????? ?????? ?????? ??????????????-????-?????????? ???? ???????????? – Nearly 600 million people in Africa lack basic electricity. At the event, panelists discussed how innovative financing, including specialized funds, can expand access to affordable, sustainable energy in remote areas. Watch the events replays: https://wrld.bg/RyXo50U7pKi