There is growing evidence that financially inclusive countries are more financially stable and exhibit better micro- and macro-economic conditions conducive to financial well-being of individual consumers. In order to produce significant economic and societal benefits, financial inclusion needs...

News headlines over the last few years have been filled with global scandals involving corruption on an unprecedented scale. They touch virtuallyevery continent, from Asia to Africa, Europe, and the Americas. The scale, magnitude, and sophistication of the operations has increasingly risen to...

The impacts of climatic shocks are already being felt across Europe and are bound to intensify in line with further climate change. Even rapid and far-reaching progress on decarbonization cannot avoid the extent of climate change that is already locked in due to past emissions. These trends call...

The Algeria Disaster Risk Management Diagnostic was developed as part of World Bank technical assistance to the Algerian government. The diagnostic offers a concise overview of the country's disaster risk profile, delves into the macroeconomic implications of disasters, outlines Algeria's...

Following the magnitude (Mw) 7.8 Turkiye-Syria Earthquake on February 6, 2023 and the Mw 6.3 earthquake on February 20, 2023, the World Bank carried out a remote, desk-based assessment of the physical damages in Syria using the Global RApid post-disaster Damage Estimation (GRADE) methodology....

On February 6, 2023, two very large earthquakes of magnitude (Mw) 7.8 and 7.5 occurred nine hours apart on different fault lines in the southern region of Turkiye and northern Syria. These are referred to as the Kahramanmaras earthquakes. In Turkiye, which is the focus of this report, these...

Following the Herat province (Western Afghanistan) earthquake sequence of October 7 to 15, 2023, the World Bank carried out a remote desk-based assessment of the physical damages using the Global RApid post-disaster Damage Estimation (GRADE) methodology. The objective of the assessment is to...

Extremely severe cyclonic storm Mocha made landfall as a Category 4-equivalent cyclone in the Saffir-Simpson hurricane wind scale on Sunday May 14, 2023, at 07:07 UTC (14:07 local time) around Sittwe city, the capital of Rakhine State, Myanmar. Given the fragile and conflict-affected situation...