The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. The World Bank Group comprises five institutions managed by their member countries.
Established in 1944, the World Bank Group is headquartered in Washington, D.C. We have more than 10,000 employees in more than 120 offices worldwide.
Violent volcanic eruptions in Indonesia, Hawaii, and Guatemala have made the world’s headlines in the past few weeks. The eruption of Guatemala’s Fuego volcano has claimed the lives of 110 people and triggered the evacuations of thousands from their homes.
WASHINGTON, JUNE 21, 2018 --- The World Bank Group’s Pandemic Emergency Financing Facility (PEF) welcomes Australia as a donor to the PEF, joining Japan and Germany. Australia is contributing US$7.2 million to the PEF’s Cash Window, which was set up through an initial contribution from Germany. Australia will also now be a voting member of the PEF Steering Body.
With a 38% stunting rate, Rwanda needs to accelerate progress on undernutrition, according to the latest economic update
The report notes that stunting rates are highest among the poorest households, and those living in rural areas
Recommendations include to adopt a pro-poor approach, targeting the poorest children and those under two years of age during the critical 1000-day window, beyond which stunting is largely irreversible
DUSHANBE, June 20, 2018 – Mitigating the increases in floods, droughts, melting glaciers and other climate change-related effects requires coordinated action at the national, regional, and global levels, said Cyril Muller, World Bank Vice President for Europe and Central Asia, during his visit to Tajikistan on June 20, 2018.
AT A GLANCE
Risks Development gains lost from flooding and land degradation
Area of Engagement Building resilience at community level, strengthening hydromet services and early warning systems
A combination of drainage system and hydromet system improvements, coupled with an extensive awareness campaign, has improved disaster preparedness in Togo and increased regional access to disaster response resources.
AN INTENSIFIED FLOOD RISK