$1.78 Billion for Türkiye’s Initial Recovery & Reconstruction Efforts

EDITOR’S PICK

World Bank Announces Initial $1.78 Billion for Türkiye’s Recovery & Reconstruction Efforts After Earthquake Disaster. The World Bank announced today $1.78 billion in assistance to help relief and recovery efforts following devastating earthquakes and aftershocks in Türkiye that have already resulted in massive loss of life, injuries, and very significant damages in and around southeastern Türkiye. The World Bank in Türkiye.

Joint Statement on the Global Food and Nutrition Security Crisis. Food and Agriculture Organization (FAO) Director General Qu Dongyu, International Monetary Fund (IMF) Managing Director Kristalina Georgieva, World Bank Group (WBG) President David Malpass, World Food Programme (WFP) Executive Director David Beasley and World Trade Organization (WTO) Director General Ngozi Okonjo-Iweala issued a joint statement calling for continued urgent action to address the global crisis on food and nutrition security. Food Security Update.

IN FOCUS

Mari Pangestu: Greening trade for development. In her latest blog, World Bank Managing Director of Policy and Partnerships, Mari Pangestu, writes, "All told, a quarter of greenhouse gas emissions have been linked to global trade flows. Yet trade is also a vital part of the solution to climate change." What does she mean by this? And how can trade help countries respond to climate change? More blogs by Mari.

Did you say, “Women and Girls in Science”? Meet Sally, who proves that women can succeed in STEM. Promoting women in science is a key focus of the African Higher Education Centers of Excellence (ACE) program, launched in 2014 to support higher skills development in the areas of science, technology, engineering, and mathematics. These fields tend to be male dominated, especially in Africa. Across the continent, the ACE program –supported by the World Bank – is more and more attracting female students for whom “science has no gender.” Read more.

PUBLICATION

The trade and climate change nexus: The urgency and opportunities for developing countries

BLOG

Mamta Murthi: Preparing now for the next health emergencies. While it is tempting to put the COVID-19 pandemic in the rear-view mirror, now is the time to prepare for future public-health crises. Governments should focus on boosting their health systems’ resilience, which includes strengthening prevention and response capacities, improving readiness, and strengthening primary care. Read more in this blog from the World Bank’s Vice President for Human Development, Mamta Murthi. 

EVENTS

UPCOMING FEB 14: Driving global trade for development. Can globalization be reshaped to accommodate legitimate national concerns while maintaining trade as an engine of green, inclusive, and resilient development? What are the new opportunities for developing countries to leverage trade for development? Join us for a discussion hosted by the World Bank and the Peterson Institute for International Economics. Join live.

REPLAY: What the future has in store: A new paradigm for water storage. Tune in for a replay of this event, which serves as an urgent appeal to practitioners across sectors to champion integrated water storage solutions—natural, built, and hybrid—to meet a range of human, economic, and environmental needs for the 21st century. 

NEWS

The World Bank Approves Additional Support to Improve Haiti’s Food Security

The Pandemic Fund Announces First Round of Funding to Help Countries Build Resilience to Future Pandemics

JOBS

Environmental Specialist (New Delhi, India) 

Financial Officer (Paris, France) 

All Career Opportunities

DATAVIZ

Energy prices dropped 8.9% in January, led by natural gas in Europe (-44%) and coal (-16.1%), the World Bank’s Pink sheet reported. Non-energy prices gained 1.7%, led by metals. Agricultural prices inched up 0.5% in January. Food prices increased 0.4% while raw materials gained 1%; beverage prices changed little. Fertilizer prices declined 6.2%, led by Urea (-14.6%) and TSP (-2.6%). Metal prices gained 6.0% in January, following a surge in tin (+16.5%), iron ore (+9.3%), and copper (+7.9%). Precious metals increased 4.9%, led by gold. More data.