U.N. sounds alarm on universal roadmap to lift people out of poverty
Just 15% of the SDGs – which include 169 specific targets and 17 broad goals that the world agreed to in 2015 – is on track.
World Bank Group
Founded in 1944, the Washington-based World Bank Group provides financial and technical assistance to developing countries around the world. Its mission is to fight poverty and to help people help themselves and their environment.
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Macron calls for "public finance shock" to curb climate pollution
Speakers blamed major economies for a system that puts profits over fighting poverty and caring for the planet.
For many of the world's poorest nations, economic outlook is bleak
As interest rates soar and the economy slows, the World Bank sees an 'enduring setback' for many developing economies.
Researchers find 1.77B children worldwide lack basic safety net
The number of children without basic social protections is increasing worldwide, UNICEF and ILO say in a new study.
Biden picks former Mastercard CEO to replace the World Bank's leader
As the largest shareholder in the World Bank, the U.S. traditionally nominates candidates for a five-year term as president.
African nations pay 'extortionate' interest rates on debt, U.N. chief says
Women and girls still don't get the support they need, the U.N. chief said, and African nations cannot develop with "one hand tied behind their backs."
Pollution and climate change feeding drug-resistant 'superbugs'
Strains of bacteria immune to all known antibiotics may become a major cause of death by mid-century.
Watchdog finds scant progress in the global fight against corruption
A new report finds a clear connection between more violence and corruption as the world becomes a less peaceful place.
Flood aid conference raises $9B for Pakistan rebuilding
Climate-induced devastating floods submerged a third of Pakistan last year, affecting 33 million people and leaving 1,739 dead, and could force 9 million people into poverty.
Global Fund has $15.7 billion finish but misses its fundraising goal
The board approved spending $13.7 billion in more than 120 countries over the next three years to fight HIV, TB and malaria.
High stakes for COP27 summit as climate becomes a health crisis too
Drought, floods, disease outbreaks and a global food crisis add pressure for real action at the U.N. climate summit in Egypt.
World bankers meet amid global inflation and recession threats
With leadership under fire and a mix of crises, finance ministers and central bankers held World Bank meetings.
Hunger from climate, conflicts and rising prices hits developing world
With 50 million 'a step away from starvation,' humanitarian groups calculate a person dies of hunger every four seconds.
War in Ukraine accelerates poverty and starvation
Skyrocketing food and energy prices caused by Russia's invasion of Ukraine pushed 71 million more people into extreme poverty, UNDP reported.
Ukraine maps $750B postwar recovery plan at Swiss conference
More than 40 nations and international organizations signed onto a roadmap for Ukraine's recovery with longterm support.
WTO tackles food, vaccines, fishing subsidies
Hunger, vaccine patents and fishing subsidies top the agenda as the global trade body holds its first ministerial conference in four and a half years.