$1 billion to accelerate battery storage

Jay Owen Sustainability News, Beyond GDP

World Bank Annual Report 2018

From the Pandemic Emergency Financing Facility, to the Women Entrepreneurs Finance Initiative, to action on climate change, the World Bank continues to lead on global issues that impact everyone. Learn how in our Annual Report 2018, and read the below examples on how we strive to provide the support and sustainable solutions needed to realize a world with opportunities for all.

Full Report | Maximizing Finance to Power Development | Reducing Childhood Stunting with a New Adaptive Approach

The World Bank Group commits $1 billion for battery storage to ramp up renewable energy globally

The new program aims to help fast-track investments in battery storage, so it can be deployed affordably and at scale in middle-income and developing countries, including some of the fastest growing economies in the world.

Innovative, first-of-its-kind partnership to end famine launches

The World Bank, United Nations and humanitarian organizations launch the Famine Action Mechanism (FAM)—the first global mechanism dedicated to preventing future famines. FAM will bring together innovative technology, early financing, and strong partnerships.


Refugee crisis: What the private sector can do

“It’s virtually impossible to consider refugees without acknowledging the communities that host them, because the reality is that most refugees do not live in camps but in cities and communities. Half of them will remain displaced for more than four years. They all need jobs, schools, services – in sum, opportunities to rebuild their lives and contribute to the community.”

Jim Yong Kim – September 24

You don’t want to miss this!

Human capital and technology: Building the new social contract

Ahead of the World Bank Group-IMF Annual Meetings, World Bank Group President Jim Yong Kim will speak at Stanford University about preparing the next generation for an emerging, disrupted world. Join us live and follow the conversation via #InvestinPeople!