The Latest Breaking News from the World Bank

Within a few years of independence, African governments asserted sovereignty over their metal and mineral resources. Prior to this, the resources were exploited by European mining corporations. Since the 1990s, transnational corporations have once again become the dominant force as owners and managers of major mining projects.

Many women are fighting prejudice to take up better-paid work to make ends meet, from driving a taxi or rickshaw to barbering

The paper titled “Progress on Sanitation in Rural India: Reconciling Diverse Evidence”, was published in September this year.

In ensuring climate justice, the loss and damage fund’s contents need to be easily accessible to those who need it most without bureaucratic hurdles, and in sufficient quantities

The World Bank will "operate" an ambitious new climate change fund, but donors and recipients will likely control how the money is actually spent, the head of the development lender said Friday.

It's been seven years in the making, but McDonald's is now rolling out 50 tweaks to its classic hamburger in the US. The global food chain hopes to make its signature product taste better and less dry. Also in this business update, the World Bank increases its climate pledges at…

President Felix Tshisekedi, who once vowed to transform DR Congo into "the Germany of Africa", has promised to create jobs if he is re-elected, after a first term marked by economic growth but soaring inflation.

Nations contributing least to greenhouse gas emissions are least equipped to deal with climate-related destruction

Days before the latest climate summit is due to begin in Dubai, the first flight powered entirely by “sustainable aviation fuel” landed safely in New York.

Despite the so-called “breakthroughs” made ahead of this week’s Cop28 talks, ongoing disputes over a Loss and Damages Fund for poor countries battling climate disasters will prevent the financing tool from ever being workable, critics warn.

Flaring is a waste of a precious natural resource that could be conserved or put to better use, such as producing electricity