Korea Announces Early Pledge to IDA21 during G20 Summit in Rio de Janeiro

The Republic of Korea has announced a 45% increase in its contribution to the World Bank’s International Development Association (IDA). Korea contributed KRW 585 billion in IDA20 and has committed to raising its contribution to KRW 846 billion in IDA21.

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Viet Nam 2045 Trading Up in a Changing World

This report looks at how Viet Nam can upgrade its participation to global value chains to become a high-income economy by 2045. Viet Nam’s current export-driven growth model -- largely based on labor-intensive but relatively low value-added trade – has been a key drive of past success but will not be sufficient for the next phase of development towards high-income status. As the experience of Japan, Korea, Singapore, and now China shows, Viet Nam will need to continue to move up the value chain, shifting into higher value-added manufacturing and services using improved technology, skills, and innovation. Unlike its predecessors, Viet Nam will also have to manage this transition at a time..

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Reviving Lake Victoria: A Regional Approach to Inclusive Sanitation

Lake Victoria, the world’s second-largest freshwater lake, supports over 47 million people across East Africa. Rapid population growth and climate change are worsening pollution from inadequate sanitation, poor land practices, and industrial waste, degrading water quality, fish stocks, and public health. A new World Bank report highlights how the Lakewide Inclusive Sanitation (LWIS) approach can tackle sanitation pollution and improve Lake Victoria's water quality.

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Croatia Systematic Country Diagnostic Update 2024

This 2024 SCD Update for Croatia assesses the development progress made since 2018 and identifies the most important constraints and opportunities to ending poverty and promoting shared prosperity on a livable planet.

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Benin: A win-win partnership for the inclusion of young people with little or no education

More than 5,000 young people with little or no education have found jobs thanks to the partnership between the National Employment Agency (ANPE) and the management company of the Glo-Djigbé industrial zone in Benin, through the Azôli program. This active labor market program, supported by the World Bank-funded Youth Inclusion Project (ProDIJ), is helping to secure employment opportunities for 25,000 young people from, among others, fragile areas of Benin.

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Community Ownership helps Improve Health Services in Nagaland

Bringing health services to Nagaland’s people, especially to those in far-flung regions, has long been a challenge. Around two-thirds of the state’s 2.2 million people live in rural areas where road connectivity is poor, electricity is unreliable, and water supply and sanitation are inadequate. The shortage of specialist physicians and skilled healthcare workers leads to few deliveries in health facilities - the lowest in the country. Immunization rates are also low, and it has been difficult to address child malnutrition and mortality. But this is changing now. Since the project started in 2018, the functioning of 188 health centres across the state has improved, with more than 8,36,000..

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