World Bank’s Tweets

2h

Agriculture employs around 45% of #Tajikistan's population & contributes to almost 23% of the GDP. Effective water management is critical for the country's food security & economic growth: wrld.bg/y5MF50K2z0Z

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5h

What really happens when growth slows and inflation rises? on the latest episode of the #DevelopmentPodcast

forecasting expert Franziska Ohnsorge explains: wrld.bg/Pvgv50K2yoH

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1.1K views

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8h

Amid energy poverty in rural Yemen this

@WBG_IDA

project is improving access in households + engaging microfinance institutions + providing technical assistance to make the solar market in Yemen more inclusive & sustainable. Learn how #IDAworks:

Boosting Access to Affordable Solar Energy in Yemen

Between 2018 and 2022, the World Bank’s Yemen Emergency Electricity Access Project (YEEAP), sought to leverage solar energy facilities to improve access to electricity in rural and peri-urban areas.

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11h

Countries can achieve good development outcomes while also taking action on climate by: 🟢Decarbonizing economies 🟢Ensuring a just transition 🟢Investing in adaptation and resilience

@JenniferJSara1

on why it's key to integrate climate and development: wrld.bg/xGZm50K2yyH

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A recent

report spotlights what an aging and urbanizing future could look like. We can make cities age-ready through technology and digital innovations, smarter policies and investments that account for a wider range of needs. Read more:

Rethinking silver: Lessons from Japan’s age-ready cities

For the first time in human history, there are more people on our planet over the age of sixty-five than there are children under the age of five. Also for the first time, more people reside in urban...

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17h

Are you 18-35 years old? Are you passionate about climate change and water and sanitation? Then the #UoFYouthChallenge needs your ideas about how to help a utility in Africa reach net-zero carbon emissions. Apply now! wrld.bg/qtav50K2y7U

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20h

Record high food prices have triggered a global crisis that will drive millions more into extreme poverty, magnifying hunger and malnutrition, while threatening to erase hard-won gains in development. Here's the latest

food security update: wrld.bg/4klc50K0aNV

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23h

Getting oceans back to blue requires tackling pollution at the source. Blue finance can help.

1:47

2.1K views

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.

joined

'

,

and

on Twitter Spaces to talk about the overlapping crises facing developing countries. He discussed critical issues stemming from the war in Ukraine, incl. food, fertilizer & energy. Replay:

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The poorest economies—particularly in Africa—happen to be exceptionally dependent on food imports from Russia and Ukraine. Many of these countries have also struggled with high debt levels in recent years. They now face a simultaneous food and debt crisis.

For poor countries already facing debt distress, a food crisis looms

Food-import bills are surging fastest for poor countries that are already in debt distress. The danger of an overlapping food and debt crisis is greatest those at high risk of debt distress or...

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Growth has slowed, and inflation is soaring in many parts of the globe. Why does Stagflation mean increasing concerns over debt? Listen to the #DevelopmentPodcast

What Does Stagflation Mean for the Global Economy?

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Unless inflation levels are brought under control, the world could see a repeat of the stagflation era of the 1970s, resulting in a sharp global downturn along with financial crises in some developing economies. wrld.bg/yzx450K2yqF #WBGEP2022

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.

,

,

, and

leaders call for countries to: ➡️strengthen safety nets ➡️facilitate trade ➡️boost production ➡️invest in resilient agriculture. Read their statement on addressing the global food security crisis.

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Vietnam🇻🇳 is highly exposed to climate impacts with its 3,200km+ coastline and extensive low-lying deltas. In 2020, climate change wiped off 3.2% of its GDP, or $10bn. Adaptation is an urgent priority. Read a new

report: wrld.bg/wLcu50K2yE6 #ClimateAndDevelopment

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Conflict, COVID-19, climate change - we are facing unprecedented overlapping crises. What can we do to help the poorest and most vulnerable and protect decades of progress? wrld.bg/4vo550K1AnC

1:36

1.4K views

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A roadmap for improving #FinTech in #CotedIvoire. How an

@WBG_IDA

-financed study outlines the development of a new generation of financial service providers and identifies the capacity-building needs of FinTech companies: wrld.bg/c1sm50K2xUz #IDAworks #IDAworks4Africa

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.

left big shoes to fill. I’m honored by the opportunity to follow in her footsteps. I start September 1 as

Chief Economist and Senior Vice President for Development Economics.

Indermit Gill Appointed Chief Economist of the World Bank Group and Senior Vice President for...

Indermit Gill Appointed Chief Economist of the World Bank Group and Senior Vice President for Development Economics

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The war in Ukraine could soon deliver a tragic blow to many of the world’s poorest countries: several of the countries at greatest risk of a debt crisis are now grappling with the threat of a food crisis as well. wrld.bg/Ac2L50JYE7q

For poor countries already facing debt distress, a food crisis looms

Food-import bills are surging fastest for poor countries that are already in debt distress. The danger of an overlapping food and debt crisis is greatest those at high risk of debt distress or...

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Food insecurity remains a problem around the world, with 94.1% of low-income countries experiencing higher food prices. Here’s what we know: wrld.bg/m0Cs50JZmkE

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Over 70% of adults in developing countries now have an account with a financial institution or mobile money provider, moving us closer to universal financial inclusion. Let’s keep working to close the gap. #GlobalFindex: wrld.bg/beUy50K2aWQ

1:41

2.6K views

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Between 2018 and 2022, the

@WorldBankMENA

’s #Yemen Emergency Electricity Access Project sought to leverage #solar energy facilities to improve access to electricity 💡 in rural and peri-urban areas. Here are the results:

Boosting Access to Affordable Solar Energy in Yemen

Between 2018 and 2022, the World Bank’s Yemen Emergency Electricity Access Project (YEEAP), sought to leverage solar energy facilities to improve access to electricity in rural and peri-urban areas.

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Gender differences in #taxation do matter, and policymakers can take steps to correct them. Learn how

's #GlobalTaxProgram helps policymakers formulate tax policies & tools that #AccelerateEquality. blogs.worldbank.org/developmenttal

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A suitable #PPP legal framework is essential, but there is no one-size-fits-all solution.

's new guidance on PPP Legal Frameworks highlights key considerations for governments to attract a competitive & experienced private sector. Find out more:

Strong PPP legal frameworks are fundamental & new guidance helps countries build them

The Guidance on PPP Legal Frameworks 2022 adds to an existing stable of tools and knowledge products the World Bank makes publicly available to guide PPP decision-making. Why focus on legal framewo...

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Energy storage technologies are supercharging low-carbon development where it is needed most. We're working with countries to help generate round-the-clock clean power and narrow the global energy access gap. Read more: bit.ly/2UdMnk5

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Record high food prices have triggered a global crisis that will drive millions more into extreme poverty, magnifying hunger and malnutrition, while threatening to erase hard-won gains in development. Here's the latest

food security update: wrld.bg/A50w50K0aJy

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What is #stagflation and why does it matter?

warns of low growth ahead, while inflation is up. On the latest episode of the #DevelopmentPodcast World Bank forecasting expert Franziska Ohnsorge tells us more. wrld.bg/bELw50K1vi8

1:00

1.2K views

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OUT NOW: Our new #TürkiyeCCDR indicates that #Türkiye stands to reap nearly $150 billion in savings over 20 years if it takes effective and appropriate actions to boost economy-wide resilience and adaptation against #ClimateChange. Learn more:

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Getting oceans back to blue requires tackling pollution at the source. Blue finance can help. wrld.bg/2LHx50K1tt2

1:47

1.2K views

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Official financing for development is the backbone of support for countries amid overlapping crises. An understanding of its dynamics is key to informed decision-making.

@WBG_IDA

VP Akihiko Nishio & Gaiv Tata blog highlights findings from new research:

Insights on proliferation and fragmentation to boost aid effectiveness during crises

There is a need to boost aid effectiveness. In the wake of the multiple overlapping crises the world is grappling with today, we have seen billions of dollars channeled by donors to recipients.

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.

joined

'

,

and

on Twitter Spaces to discuss food security and other global development challenges. Listen to the replay:

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Debt reduction efforts have stalled, says World Bank President David Malpass bloom.bg/3B0G6Os

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2.5K views

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Great to join

'

&

for a

discussion on the overlapping crises facing developing countries. We discussed many critical issues stemming from the war in Ukraine, including food, fertilizer & energy. Listen below.

Quote Tweet

The New York Times

@nytimes

· Jul 20

Many advanced economies could increase food production and share their stored grain to ease global food shortages, @DavidMalpassWBG said. "Don't hoard what you have," he urged them. Listen to the full conversation with @arappeport, @Lattif and @MujMash. twitter.com/i/spaces/1yNGa

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Jul 21

Food-import bills are surging fastest for poor countries that are already in debt distress or at high risk of it.

@MarcelloEstevao

urges international action to prevent the devastating consequences of a looming, simultaneous debt and food crisis.

For poor countries already facing debt distress, a food crisis looms

Food-import bills are surging fastest for poor countries that are already in debt distress. The danger of an overlapping food and debt crisis is greatest those at high risk of debt distress or...

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Unlocking the potential of #digitalization for the masses through agile regulation can also help close the digital divide and improve welfare, argues

The World Needs a Digital Lifeline | by Riccardo Puliti - Project Syndicate

Vice President for Infrastructure

@riccardopuliti

.

project-syndicate.org

Riccardo Puliti urges policymakers to make regulatory agility the norm, rather than limiting it to emergencies.

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Jul 21

On the latest episode of the #DevelopmentPodcast we’re talking about #Stagflation, the impact of the war in Ukraine, and how people coped with past crises. Listen now!

What Does Stagflation Mean for the Global Economy?

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COVID-19 vaccines for the most vulnerable, other immunizations & stronger health systems are high priorities even as we confront other crises. This morning, I joined

&

to discuss with

Member States. My remarks:

Remarks by World Bank Group President David Malpass at the WHO Ministerial Briefing on the Global...

Remarks by World Bank Group President David Malpass at the WHO Ministerial Briefing on the Global COVID-19 Vaccination Strategy and Implementation

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"

works on an array of development issues, including and especially right now food and fertilizer." David Malpass &

@PowerUSAID

discuss the impact of the current overlapping global crises on the poorest and most vulnerable on The Way Forward wrld.bg/CkE650K0z9i

0:24

1.2K views

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A recent

report spotlights what an aging and urbanizing future could look like. We can make cities age-ready through technology and digital innovations, smarter policies and investments that account for a wider range of needs. Read more: