February 25, 2026 12:28 PM

World Bank report highlights ‘shockingly large’ gap between gender equality laws and enforcement

A World Bank report warned of a "shockingly  large" gap between legislation promoting gender equality and its enforcement, with no country currently ensuring all the legal rights required for women's full economic participation. The annual report, released on Tuesday, emphasized that while many nations have made progress on laws that advance women's economic rights, weak enforcement systems and institutional shortcomings have hindered their real-world impact. "There is a s...

November 11, 2025 11:58 AM

What is climate finance and why does it matter?

Countries trying to shift to clean energy while also preparing for extreme weather and other impacts in a warmer world will need money - a lot of it. As the costs and risks of global warming escalate, the topic of climate finance has become more tense. Here's what you need to know: WHAT IS CLIMATE FINANCE? This describes all funding from governments, development banks, private investors and philanthropies aimed at helping countries cut greenhouse gas emissions or adapt to climate impacts, for ...

October 7, 2025 4:16 PM

India expected to remain world’s fastest-growing major economy: World Bank

India is expected to remain the world’s fastest-growing major economy, driven by strong consumption growth, improved agricultural output, and rising rural wages, according to a World Bank report released on Tuesday. The World Bank has raised India’s growth forecast for FY26 to 6.5%, up from its earlier projection of 6.3% in June. The revision reflects resilient domestic demand, a strong rural recovery, and the positive impact of recent tax reforms. For other South Asian economies, the repo...

September 16, 2025 5:12 PM

Rising heat cost Bangladesh $1.8 billion last year, says World Bank

Rising temperatures are taking a mounting toll on Bangladesh, with heat-related illnesses and productivity losses costing the economy up to $1.78 billion - about 0.4% of GDP - in 2024, according to a World Bank report released Tuesday. The study shows that since 1980, the South Asian country's maximum temperature has climbed by 1.1 degrees Celsius while the "feels like" temperature has spiked by 4.5 C. The rising heat has fueled a surge in diarrhea, respiratory problems, fatigue, and mental he...