This year’s Global Monitoring Report, produced jointly by the World Bank and International Monetary Fund, details the progress the world has made towards global development goals and examines the impact of demographic change on achieving these goals.

The number of people living in extreme poverty around the world is likely to fall to under 10 percent of the global population in 2015, according to World Bank projections released, giving fresh evidence that a quarter-century-long sustained reduction in poverty is moving the world closer to the historic goal of ending poverty by 2030.

The report aims to help improve the productivity and resilience of the current food system, and to make agriculture part of the solution to climate change. It presents compelling evidence and new tools for policymakers, serving as a guide to better address the impacts of a warming climate on agriculture and food production.

More than 40 percent of US corn is now used to produce biofuels, which are used as substitutes for gasoline in transportation.

Governments around the world are seeking to promote electric vehicles—to reduce oil consumption, climate-related emissions, and local air pollution, and to stake out an industrial leadership position in the new advanced technology.

Despite progress, South Asia has failed to capitalize on urbanization says the World Bank report released this week. Instead of using increasing urbanization as a vehicle to convey prosperity to a greater number of people, the countries of the region have “difficulty in dealing with the pressures that increased urban populations put on infrastructure, basic services, land, housing and the environment,” which in turn has fostered “messy and hidden” urbanization

A new report by World Resources Institute and University of Sao Paolo’s Institute of Energy and Environment finds that Brazil could change its energy mix and move toward a lower-carbon economy by modernizing transport, improving renewable energy capacity and increasing industrial efficiency.

The case for climate action has never been stronger. Current weather extremes, including storms, floods and drought, affect millions of people across the world. Climate change is putting water security at risk; threatening agricultural and other supply chains as well as many coastal cities.

Number of implemented or planned carbon pricing schemes around the world has almost doubled since 2012, with existing schemes now worth about $50 billion says this new World Bank report.

Children whose growth is stunted, people who don’t get enough vitamins and minerals for a healthy life, adults who are overweight and obese—malnutrition takes many forms and affects every country on earth. A problem of staggering size, malnutrition is widespread enough to threaten the world’s sustainable development ambitions.

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