Taking Action: The World Bank Group’s climate priorities

Climate change may push over 130 million into poverty by 2030 and cause over 200 million people to migrate by 2050. Investing in adaptation to help countries and companies become more resilient is therefore critical, writes World Bank Group President David Malpass.

World Bank Group COP26 Climate Briefs World Bank Group Climate Change Action Plan 2021–2025

Human Development

Putting People at the Heart of Green, Resilient, and Inclusive Recovery

When people have access to quality education and training, health services and social protection and when women and girls benefit from better opportunities, they are better equipped to escape poverty and lead productive lives.

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The Changing Wealth of Nations

The Changing Wealth of Nations 2021 report provides an updated database and rich analysis of the world’s wealth accounts spanning 146 countries.

A Just Transition

It’s critical to tackle coal emissions

Greenhouse gas emissions produced by coal plants need to be reduced quickly to help put global emissions into decline and tackle a key contributor to climate change. Achieving this will demand innovative solutions, major financial resources and a big dose of political courage.

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Forecast revisions to global growth in 2021, by vaccination progress

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Global growth in 2021 is projected to be more robust than previously envisioned. Rapid vaccination progress has contributed to forecast upgrades in many countries; however, this is concentrated primarily in advanced economies. For many EMDEs, renewed COVID-19 surges and limited vaccination have contributed to downward revisions to growth. Read More.

The global COVID-19 vaccination campaign will be the largest in history. The delivery of COVID-19 vaccines presents challenges unprecedented in scale, speed and specificities, especially in low- and middle-income countries. In November 2020, anticipating the availability of safe and effective vaccines for COVID-19, the World Bank together with WHO, UNICEF, the Global Fund, and Gavi rolled out readiness assessments in more than 100 low and middle-income countries. Read More

Data flows not only support trade in goods, making production and distribution more effective and less costly, but such flows are in fact the vehicle for trading digital services across borders. As trade in global digital services has increased dramatically in recent years, so have global data flows. The World Development Report 2021, Data for Better Lives finds that a combination of well-defined domestic personal data protection measures with relative ease of cross-border movements appears to offer the most favorable environment for international trade in data-enabled services.

Despite the COVID-19 pandemic, 27 economies in all regions and income groups enacted reforms to remove obstacles to women’s economic inclusion across all areas and increased good practices in legislation in 45 cases, according to the Women, Business and the Law 2021. The greatest number of reforms introduced or amended laws affecting pay and parenthood. Read more.

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Neelaab, a 9-year-old second-grader in Afghanistan, a beneficiary of the Education Quality Improvement Program. Photo: © Abbas Farzami/ World Bank

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International Development Association (IDA)

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Essential Reading

World Bank Annual Report 2021

Groundswell Part 2: Acting on Internal Climate Migration

Global Economic Prospects 2021

Women, Business and the Law 2021

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We help developing countries find solutions to the toughest global and local development challenges—from adapting to climate change to boosting food security to increasing access to energy.