Municipalities and waste management companies can use digital tools to improve service reliability, reduce operating costs, strengthen recycling systems, and make better investment decisions, according to a new World Bank Group report, Waste, Reimagined: Practical Guidance for Digitalizing Waste Management. Why it matters: Waste systems are under growing pressure. Global municipal solid waste is expected to rise by 50 percent by 2050, from 2.6 billion tonnes in 2022 to 3.9 billion tonnes. In lower-income countries, waste volumes are expected to more than double, and in some regions triple. The cost…
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Direct Carbon Pricing Covers Nearly One Third of Global Emissions
Carbon pricing revenues have tripled over the past decade—rising from below $30 billion in 2016 to mobilizing more than $107 billion for public budgets in 2025, according to a World Bank Group report released today. The annual report, State and Trends of Carbon Pricing 2026, finds that there are now 87 carbon pricing policies globally, increasing by seven since last year. The report shows that all large middle-income economies have now either implemented or are planning direct carbon pricing instruments, with the most significant developments in the past year in…
Read MoreWaterAid joins historic World Bank Group commitment to deliver water security for over 1 billion people
Landmark plans to reach over 1 billion more people with sustainable access to safe water by 2030 have been announced recently (Wed 15 April, Washington) by the World Bank Group and partners. This new initiative puts water security at the centre of this year’s global agenda, with international NGO WaterAid supporting efforts to turn the ambition into reality. In a turbulent world, access to clean water is the universal foundation for stability, health and economic opportunity, underpinning 1.7 billion jobs worldwide – yet 700 million people still live without…
Read MoreWorld Bank Group Launches Initiative to Improve Water Security for 1 Billion People
The World Bank Group, in partnership with multilateral development banks, development finance institutions and key partners, today launched Water Forward, a global platform to help improve water security for 1 billion people by 2030. The platform will align policy reforms, financing, and partnerships to expand reliable water services and strengthen systems against droughts and floods—essential conditions for job creation. Water underpins health, food systems, energy, and an estimated 1.7 billion jobs worldwide; yet 4 billion people experience water scarcity. In many countries, unclear policies, weak regulations, and financially unsustainable utilities…
Read MoreWorld Bank Group joins African Development Bank Group and Mastercard as Co-Chair of Mobilizing Access to the Digital Economy (MADE) Alliance: Africa
The World Bank Group has signed on as co-chair of the Mobilizing Access to the Digital Economy (MADE) Alliance: Africa, an initiative aiming to provide digital access to critical services for 100 million individuals and businesses across Africa by 2034. The World Bank Group joins current co-chairs and founding members, the African Development Bank Group and Mastercard, aligning collective efforts to deliver critical digital services across the African continent. The MADE Alliance aligns with the World Bank Group’s efforts to accelerate digitalization by expanding access to secure, affordable, high-quality broadband…
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