Some are allowed out, but for most in Gaza the conditions only worsen
In one glimmer of hope, hundreds of people were allowed to enter Egypt from Gaza, which one U.N. official called a "graveyard" for children who are caught up in the fighting.
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.
World 'dangerously' unprepared for another pandemic, panel concludes
The Global Preparedness Monitoring Board urged more trust-building to boost monitoring, accountability and financing.
War overshadows calls for more IMF and World Bank funding for Africa
The heads of some of the biggest multilateral development banks said the world faces a global “polycrisis” affecting development at an unprecedented scale.
Africa aspires to major role in the effort to combat climate change
African leaders say they have a market-based plan to fight human-caused global warming that will spread economic development among millions of people on the continent.
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.
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 world's poorest nations, economic outlook is bleak
As interest rates soar and the economy slows, the World Bank sees an 'enduring setback' for developing economies due to high interest rates, war in Europe and the pandemic.
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 United States traditionally nominates candidates for a five-year term as president. They are vetted by the bank’s executive board.
African nations pay 'extortionate' interest rates on debt, U.N. chief says
Women and girls still don't get the support they need, U.N. Secretary-General António Guterres said, and African nations cannot develop with "one hand tied behind their backs."
Watchdog finds scant progress in fight against corruption
As the world becomes a less peaceful place, a new report finds a clear connection between more violence and corruption.
Flood aid conference raises US$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 US$15.7 billion finish but misses its fundraising goal
Based on a final tally for its seventh replenishment cycle, the board said it has approved spending US$13.7 billion in more than 120 countries over the next three years to fight HIV, TB and malaria and strengthen those nations' health systems.
World bankers meet against backdrop of global inflation and recession threats
With leadership under fire and a community facing an historic convergence of crises, finance ministers and central bankers met at the World Bank and IMF.
Hunger caused by climate change, conflicts and rising prices threaten millions in the developing world
While you are reading this sentence, another man, woman or child will have died of starvation. That’s the message of an open letter from hundreds of NGOs.
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.