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US World Bank nominee Banga endorses lending expansion, pledges more

WASHINGTON: The US nominee to run the World Bank, Ajay Banga, said on Wednesday (Apr 5) that he supports his predecessor's proposal to expand the bank's annual lending capacity by about US$5 billion to help tackle climate change and other global challenges, but added that this was only the start of reforms.
United States World Bank District Of Columbia Ajay Banga David Malpass International Finance Corp

U.S. Leading the International Call to Action on Women's Economic Empowerment

As the global economy continues to rebound from the economic shocks of COVID-19, ensuring women’s economic empowerment is now more important than ever. Women will be key drivers of sustainable economic recovery and contributors to meaningful long-term development. The Trump administration positioned the U.S. to lead on these efforts even prior to the pandemic. Recognizing women’s potential, the Trump team has long been a leading voice on women’s economic empowerment through its Women’s ...
United States Heritage Foundation Prosperity Initiative Women Global Development National Coronavirus Recovery Commission Global Development

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World Bank Warns of 'Lost Decade' Due to Slow Economic Growth - New Delhi Times - India Only International Newspaper

In a grim report issued last week, the World Bank warned of a slow-growth crisis in the global economy that could persist over the coming decade unless governments worldwide adopt what it calls "sustainable, growth-oriented policies." The World Bank report says that global growth in gross domestic product between 2022 and 2030 is on track…
United States Indermit Gill Franziska Ohnsorge Adam Posen Liliana Rojas Suarez Latin American Initiative

The Road to a Better World Bank Starts with a Commitment to IDA

IDA has emerged as the largest financing arm of the World Bank Group in the last few years, and demand remains high. But IDA has not featured as prominently in the World Bank reform and roadmap conversations as IBRD. The Spring Meetings are an opportunity to change that.
Sri Lanka International Bank World Bank Group International Development Association World Bank Spring Meetings International Finance Corporation
Source: cgdev.org

Almost half the world's population lives in households linked to agrifood systems – India Education | Latest Education News | Global Educational News

Rome - Around 1.23 billion people were employed in the world’s agrifood systems in 2019, and more than three times that figure, or almost half the world’s population, live in households linked to agrifood systems, according to new research by the Foo
United States Ben Davis Kate Schneider Paul Winters Ramya Ambikapathi Department Of Global Development At Cornell University

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