The World Bank serves as an international financial institution granting loans to developing countries. The recipients have to pledge structural reforms in return.
The World Bank's official objective No. 1 is to reduce poverty. This page collates recent DW content on the lender's activities.
Afghanistan just went to the polls to vote for the next president. There were nearly 70 attacks by the Taliban on election day, Afghanistan's interior ministry said. Violence, political instability and bleak economic prospects are taking a toll on the people living in the war-torn country. The World Bank estimates half the population lives below the international poverty line.
Global waste will increase seventy-percent by 2050 unless urgent action is taken, says the World Bank. The East Asia and Pacific region is currently responsible for generating around a quarter of all waste worldwide. In Indonesia - a major waste contributor - one village is turning trash into cash.