iOS app Android app

World Bank

Tomorrow's Leaders Today

Jennifer Kamara | Posted 04.25.2015 | Impact
Jennifer Kamara

One Young World is the preeminent global forum for leaders aged 18-30. The not-for-profit organization hosts an annual Summit with 1,300 delegates from all 196 countries; drawn from businesses, universities, NGOs and other forward thinking organizations.

Seventy Years and Counting: The Long Wait for World Bank Gender Safeguards

Winnie Byanyima | Posted 04.24.2015 | Impact
Winnie Byanyima

For the past 70 years, the World Bank has strived to foster worldwide economic development, all while taking care not to cause undue harm in its wake. It has had some great successes and some humbling defeats. Now, in 2015, it's time the Bank makes good on its promise to ensure women are not harmed by but rather can contribute to and benefit equally from Bank investments.

Lawsuit Accuses World Bank Arm Of 'Mission Failure'

International Consortium of Investigative Journalists | Michael Hudson & Barry Yeoman | Posted 04.23.2015 | Business

The World Bank Group caused serious harm to fishers, farmers and villagers in northwest India by bankrolling a giant coal-fired power plant on an ecol...

Congressional Myopia: Without Support for Research, There Will Be No Medical Breakthroughs

Claire Pomeroy | Posted 04.23.2015 | Science
Claire Pomeroy

Despite the economic (not to mention lifesaving) benefits of medical research, our Congressional leadership has not stepped up to ensure the future: "We wish we could, but we simply cannot make this a priority."

Caution: Human Rights Violations Ahead!

Nezir Sinani | Posted 04.21.2015 | Impact
Nezir Sinani

Reports of the Bank violating its own safeguards on resettlement policies and forcing over 3.4 million people from their homes and property over the past decade were a public relations nightmare for the Bank. And that was before Friday morning's demonstration.

New Report Once Again Shows Danger of MDB Financing for Large Fossil Fuel Projects

Nicole Ghio | Posted 04.21.2015 | Green
Nicole Ghio

Following decades of detrimental overseas coal project financing by MDB, there has been meaningful progress made to secure new policies at MDBs to limit this type of financing. But despite this progress, there are some entrenched interests that refuse to get with the times.

Ben Hallman

I Misplaced My Fancy Camera On Assignment In Peru, But My iPhone Saved The Day

HuffingtonPost.com | Ben Hallman | Posted 04.21.2015 | Technology

An iPhone photo from my reporting trip to Peru ended up headlining our investigation.

Become a Global Citizen

Katherine Keating | Posted 04.22.2015 | World
Katherine Keating

This year world leaders will agree on a pathway to sustainable development and Global Citizen is taking on the challenge to make sure they are known throughout the world and acted on. We're going to hear from most knowledgeable and culturally relevant people on this subject to create a dialogue about the challenges, the solutions and what can be done in terms of national development.

World Premiere of Chloe and Theo and Its Extraordinary Behind-the-Scenes Story

Stefanie Penn Spear | Posted 04.17.2015 | Green
Stefanie Penn Spear

In the film, a homeless girl befriends an Inuit, who has traveled to New York City from his tiny Arctic hometown with a big message for world leaders: "My world is melting. Please help us."

World Bank Breaks Its Own Rules As Millions Lose Land And Livelihoods

The Guardian | Sasha Chavkin and Mark Anderson | Posted 04.16.2015 | Black Voices

The World Bank has repeatedly violated its own policies on protecting the rights of indigenous people by funding projects that resulted in nearly 3.4 ...

Jonathan Cohn

More People In The Developing World Are Getting Bank Accounts, But There's An Asterisk On That Progress

HuffingtonPost.com | Jonathan Cohn | Posted 04.16.2015 | Politics

Poverty in the developing world can seem utterly intractable -- such a big problem, and so hard to address, that it’s not even worth trying. But a n...

Why the West Needs to Ditch Its Exceptionalist Mindset

Chandran Nair | Posted 04.14.2015 | World
Chandran Nair

HONG KONG -- What the world needs is a West that is prepared to learn from the rest of the world as much as it seeks to teach it. It does not need a West at odds with the rest.

Economic Collapse Will Limit Climate Change, Predicts Climate Scientist

Till Bruckner | Posted 04.15.2015 | Business
Till Bruckner

We face an avalanche of global disasters during our lifetime, and unless we slam the brakes on carbon pollution fast, the global economy will collapse to boot.

Why America Doesn't Welcome China's New Infrastructure Bank

Joseph E. Stiglitz | Posted 04.13.2015 | World
Joseph E. Stiglitz

NEW YORK -- When he was chair of the U.S. Federal Reserve, Ben Bernanke mistakenly described the problem as a "global saving glut." But in a world with such huge infrastructure needs, the problem is not a surplus of savings or a deficiency of good investment opportunities. The problem is a financial system that has excelled at enabling market manipulation, speculation, and insider trading, but has failed at its core task: intermediating savings and investment on a global scale. That is why the AIIB could bring a small but badly needed boost to global aggregate demand.

Can PRI Finance Unlock Clean Energy Access?

Justin Guay | Posted 04.20.2015 | Green
Justin Guay

Photo courtesy of UK DFID Access to finance is the largest near-term barrier to ending energy poverty for hundreds of millions around the world -- an...

Automation, Productivity, and Human Capital in Latin America

Gabriel Sanchez Zinny | Posted 04.09.2015 | Latino Voices
Gabriel Sanchez Zinny

As Latin America comes down from a decade of growth based on exporting commodities at high world prices, it faces the next challenge: transitioning to a higher-productivity economy.

WATCH LIVE: The World Bank Group's Agenda

Aspen Institute | Posted 04.06.2015 | Impact
Aspen Institute

Join the Aspen Institute in Washington, DC, on April 6 at noon EST for a live Washington Ideas Roundtable Series discussion featuring World Bank President Jim Kim.

How Cellphones Helped to Dramatically Reduce New Cases of Dengue Fever in Pakistan

Ravi Kumar | Posted 04.03.2015 | Impact
Ravi Kumar

This new dashboard allowed officials including the chief minister to track the progress. He used the dashboard in his meetings to ensure "that no vulnerable or affected areas were neglected."

Secrecy Steers World Bank Investments to Human Rights Abuses

Nezir Sinani | Posted 04.06.2015 | World
Nezir Sinani

The World Bank has stepped in a mess of its own making. And once again, we can only hope that the Bank itself will take a hard look at the facts at issue and make the changes necessary in order to restore a measure of trust and confidence in this global lending and development institution.

U.S. Treasury Secretary Softens View on China-Led Infrastructure Bank, But Stresses 'High Standards' in Asia Society Address

Tom Nagorski | Posted 04.03.2015 | World
Tom Nagorski

U.S. Treasury Secretary Jack Lew offered a gentler approach to China's proposed Asian Infrastructure Investment Bank (AIIB) Tuesday, saying "the U.S. stands ready to welcome new additions to the international development architecture."

The Suffering of Others

Raymond C. Offenheiser | Posted 04.02.2015 | Impact
Raymond C. Offenheiser

A massive 62 percent of IFC lending now goes not directly to development projects but to third parties. These financial intermediaries then invest in projects like dams, plantations, power plants, or into small and medium enterprises.

Threat Grows To U.S. Clout In Global Economy

AP | Posted 03.28.2015 | World

CANBERRA, Australia (AP) — Australia announced on Sunday that it would join negotiations to establish a new a Chinese-led Asian regional bank that h...

Dammed, Displaced and Forgotten

Peter Bosshard | Posted 03.27.2015 | Green
Peter Bosshard

It is difficult to avoid the conclusion that for the World Bank and other financiers, poor people who stand in the way of their projects literally don't count. Time and again, the World Bank has demonstrated that it is not able to resettle people fairly. It should stop displacing people involuntarily in its projects.

Does the Pentagon Know That It's the Twenty-First Century?

Tom Engelhardt | Posted 03.26.2015 | Politics
Tom Engelhardt

Fifteen to 20 years ago, a canny friend of mine assured me that I would know I was in a different world when the Europeans said no to Washington. I've been waiting all this time, and last week, it seemed as if the moment had finally arrived.

The Retreatniks

John Feffer | Posted 03.26.2015 | Politics
John Feffer

The new talking point for the Republican Party -- actually, it's an old talking point in expensive new clothing -- is "America is in retreat."