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...

To achieve the Sustainable Development Goals (SDGs) by 2030, development institutions will need to leverage an unprecedented amount of private sector capital. This is more pressing in the current context as COVID-19 recoveries will require mobilizing both public and private sources in the short...

Between 1993 and 2013, Mozambique became one of the fastest-growing economies in Sub-Saharan Africa boosting incomes and living standards. Political and macroeconomic stability provided the foundation for robust growth led by a rebounding agricultural sector and significant donor support....

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...

Papua New Guinea has abundant resources in the form of oil and mineral wealth. But a complex set of factors, including systemic gender inequality, underinvestment in non-extractive sectors, and fragility compounded by vulnerability to disasters caused by natural hazards act as barriers to...

This paper presents the main findings of the 2017 survey on national development banks that the World Bank conducted in collaboration with the World Federation of Development Financing Institutions. Sixty-four development banks from different parts of the world, mainly from middle-income...

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...

This policy note outlines options for aid coordination and delivery in Yemen. It draws on a vast amount of experiences and lessons learned from post-conflict recovery and peace building processes both in Yemen and elsewhere over the past decade.Its central message is that timely international...

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...