The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. There is a continued momentum for carbon pricing. As of 2017, over 40 national and 25 subnational jurisdictions representing almost a quarter of global greenhouse gas emissions are putting a price on carbon.

Air pollution takes huge economic toll on poor countries and costs the world more than $5 trillion annually reveals the new World Bank study on economic costs of indoor and outdoor pollution.

A World Bank report examining how the transition to a ‘blue economy’ for Caribbean countries could not only generate growth, but also help countries to gain greater resilience to external shocks by better preserving the ocean.

World Development Indicators 2015 provides a compilation of relevant, high-quality, and internationally comparable statistics about global development and the fight against poverty.

With 800 million people going to bed hungry every night, countries combating hunger must build better food systems that raise agricultural productivity in rural areas, invest in improving nutritional outcomes for young children and pregnant women, and boost climate-smart agriculture that can withstand a warmer planet, says a World Bank Group rep

Great progress has been made in expanding financial inclusion. The number of people worldwide having an account grew by 700 million between 2011 and 2014. 62 percent of the world’s adult population has an account; up from 51 percent in 2011. Three years ago, 2.5 billion adults were unbanked. Today, 2 billion adults remain without an account.

TON, January 7, 2015 – Faced with weaker export prospects, an impending rise in global interest rates, and fragile financial market sentiment, developing countries need to rebuild fiscal buffers to support economic activity in case of a growth slowdown, says the new edition of Global Economic Prospects, released today by the World Bank Group. For many developing economies, lower oil prices have provided a timely opportunity for doing so.

Growth rebounded significantly due to strong industrial recovery aided by growth in investment and exports. Capital flows are back, signaling growing investor confidence, as inflation has moderated from double digits, exchange rate has stabilized, and financial sector stress has plateaued.

The paper assesses the impact of overall inequality, as well as inequality among the poor and among the rich, on the growth rates along various percentiles of the income distribution. The analysis uses micro-census data from U.S. states covering the period from 1960 to 2010.

The World Bank released the first public report from its Office of Suspension and Debarment (OSD) furthering its commitment to transparency and accountability regarding its process for firms and individuals accused of fraud and corruption in the projects it finances.

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