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WBG Intensifies Focus on Private Sector, Launches Effort to Scale Investment in Emerging Markets

The World Bank Group today launched the Private Sector Investment Lab, a concrete step in a broader effort to develop, and rapidly scale, solutions that address the barriers preventing private sector investment in emerging markets.

OMBC

Online Media Briefing Center (OMBC) news for accredited journalists

Highlights

Nature’s Frontiers
Jun 27, 2023

Global challenges such as climate change, economic productivity, food and water security, and health could be overcome if countries use their natural resources more efficiently, and this is possible without sacrificing the environment or human prosperity, a new report says.

The World Bank
Jun 22, 2023

The World Bank Group today announced a suite of new and expanded actions to help countries respond quickly and effectively to an ever-growing onslaught of crises.

Ajay Banga enters the World Bank Group headquarters in Washington, DC, on his first day on the job
Jun 08, 2023

The World Bank Group announced today a months-long global tour for new president Ajay Banga, an early step in his mission to write a new playbook for the 78-year-old institution.

Global Economic Prospects_June 2023
Jun 06, 2023

Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest rates, according to the World Bank’s latest Global Economic Prospects report.

Zambia
Jun 22, 2023

The World Bank Group today released the following statement: “The World Bank Group welcomes today’s agreement by the Official Creditors’ Committee under the G20 Common Framework on the key parameters of the debt relief for Zambia.

Photo: World Bank
Jun 20, 2023

Domestic food price inflation remains high around the world. Information from the latest month between February 2023 and May 2023 for which food price inflation data are available shows high inflation in most low- and middle-income countries, with inflation higher than 5% in in 66.7% of low-income countries, 81.4% of lower-middle-income countries, and 77% of upper-middle-income countries, with many experiencing double-digit inflation.

The World Bank
May 31, 2023

The World Bank Group is highly concerned with Uganda’s enactment of the 2023 Anti-Homosexuality Act.  If implemented, the Act would endanger people by placing an added barrier to vital medical care, disease screening, and precautions.

buildings reflecting trees
May 18, 2023

Cities - home to more than half of the world’s population and responsible for about 70% of global greenhouse gas emissions – are at the heart of the climate challenge. A new World Bank report, "Thriving: Making Cities Green, Resilient, and Inclusive in a Changing Climate," investigates the crucial role cities play in both stopping climate change and protecting people from its impacts.