The World Bank Group has developed a new Strategy focusing on the ambitious goals of ending extreme poverty and promoting shared prosperity in a sustainable manner. It is committed to helping countries reach these goals with proven solutions that integrate the WBG's development knowledge and...

This paper is a contribution to United Nation (UN)-led efforts to articulate a post-2015 development framework, building on the Millennium Declaration and Millennium Development Goals (MDGs). It focuses on the challenge of financing development goals and complements the extensive work conducted...

Most Organization for Economic Co-operation and Development countries have accepted, in principle at least, the 50-year-old commitment of contributing 0.7 per cent of gross national income to supporting the development of countries in the Global South. But what if all countries made a universal...

Today's global challenges are bigger, more complex, and more intertwined than ever before, from the relentless grip of poverty and stubborn persistence of inequality to the devastations caused by climate disasters, fragility, pandemics, and conflicts. Financing and investments alone cannot solve...

Improving energy efficiency-using less energy to do the same amount of work-has both supply-side and demand-side aspects. Improvements in energy efficiency are reductions in the energy required to maintain or improve energy services to households, businesses, and communities. Supply-side energy...

The International Development Association (IDA) has included jobs as a special theme since the 17th Replenishment of IDA (IDA17) in 2014, when it explicitly recognized the role played by labor markets in intermediating between growth and inclusion. This acknowledgment of jobs marked a shift in...

This evaluation provides an early-stage assessment of the Sustainable Development Finance Policy (SDFP) of the International Development Association (IDA), which went into effect July 1, 2020. A steep rise in debt vulnerabilities in IDA-eligible countries over the past decade highlighted...