The impact of extreme natural disasters is equivalent to a global $520 billion loss in annual consumption, and forces some 26 million people into poverty each year, a new report from the World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR) reveals.

The impact of extreme natural disasters is equivalent to a global $520 billion loss in annual consumption, and forces some 26 million people into poverty each year, a new report from the World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR) reveals.

This report examines the implications of climate change for Africa’s road connectivity, and practical steps that can be taken now to minimize the associated risks.

Prospects for Livestock-Based Livelihoods in Africa’s Drylands examines the challenges and opportunities facing the livestock sector and the people who depend on livestock in the dryland regions of Sub-Saharan Africa.

A new World Bank study outlines how Sub-Saharan Africa’s struggling power utilities can be financially viable and at the same time make electricity access affordable for the poor.

Cities in the developing world are rapidly expanding, boosting countries’ economies, reducing poverty, and fueling global prosperity. But as more people, assets, and economic activity become concentrated in cities, and infrastructure struggles to keep up with rapid growth, the risk posed by natural disasters and climate change is rising.

The World Bank’s Commission on Global Poverty has submitted recommendations on how to more comprehensively measure and monitor global poverty in support of the Bank Group’s goals of ending extreme poverty by 2030 and boosting shared prosperity.

Greater cooperation through carbon trading could reduce the cost of climate change mitigation by 32 percent by 2030, according to a new World Bank report released at an international carbon event in Vietnam.

By 2030, without significant investment to improve the resilience of cities around the world, climate change may push up to 77 million urban residents into poverty.

Climate-driven water variability is a natural phenomenon observed across river basins, but predicted to increase due to climate change. Environmental change of this kind may aggravate political tensions, especially in regions that are not equipped with an appropriate institutional apparatus.

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