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Development Economy Featured Finance

Sparking the investment miracle developing economies need to create jobs

Developing economies today face an investment shortfall of historic proportions.  Meeting even the most modest development goals will require a huge investment push—equal to about 5 percent of global gross domestic product (GDP) per year. For low-income countries, the financing gap is about 8 percent of GDP annually. It’s a prohibitive price tag that runs into trillions of […]

Environment Climate Featured News World

Turning knowledge into action: Scaling solutions for disaster risk

Knowledge, especially practical, hands-on know-how, is essential for countries to tackle development challenges and to build resilience to disasters and shocks. One of the most effective ways to share this “how-to” knowledge is through peer-to-peer exchanges among policy makers and practitioners. The challenge: Closing the disaster insurance gap When natural disasters strike, many people and […]