World Bank Group
Also known as: World Bank, The World Bank Group, The World Bank
Facts (55)
Sources
Energy asset stranding in resource-rich developing countries and ... frontiersin.org Jun 10, 2024 10 facts
claimThe World Bank classifies Nigeria as a 'Lower middle-income' economy, fulfilling the criteria of a resource-rich developing country (RRDC).
referenceThe article 'Energy asset stranding in resource-rich developing countries and the just transition - A framework to push research frontiers' utilizes World Bank data, including Worldwide Governance Indicators (2022) and electricity access statistics for Nigeria (2023).
measurementAccording to the World Bank (2021), Nigeria's GDP per capita was 5,860 US-Dollars in purchasing power parities (ranking 141st) and 2,184 in 2022 US-Dollars (ranking 180th).
measurementAccording to the World Bank's 2022 World Governance Indicators, Nigeria received negative values for all indicators, with the worst performance in 'Political stability and violence' and the second-worst in 'government effectiveness' based on data from 2015 to 2021.
measurementIn 2021, 40% of the population in Nigeria did not have access to electricity, which is one of the highest rates of energy poverty worldwide, according to the World Bank (2023).
referenceJ. Cust and D. Manley authored the chapter 'The carbon Wealth of Nations: From Rents to Risks' in the 2018 World Bank publication 'The Changing Wealth of Nations 2018—Building a Sustainable Future'.
measurementThe Nigerian economy ranked 19th in dependency on resource rents in 2019, according to the World Bank (2021).
measurementIn 2019, Nigeria was the world's 12th largest crude oil producer and 17th largest natural gas producer, according to the World Bank (2021).
claimResource-rich developing countries (RRDC) are defined as nations that possess significant fossil fuel reserves or production and meet two criteria: first, their known fossil fuel reserves comprise at least 25% of their total wealth or their fossil fuel production accounts for a minimum of 10% of their GDP; second, they are classified by the World Bank as 'Middle income,' 'Low middle income,' or 'Low income,' meaning they have a Gross National Income (GNI) per capita below USD 12,736.
referenceThe World Governance Indicators, as defined by the World Bank in 2022, include the following metrics: 'Voice and Accountability,' 'Political Stability and Absence of Violence/Terrorism,' 'Government Effectiveness,' 'Regulatory Quality,' 'Rule of Law,' and 'Control of Corruption.'
Strategic Rivalry between United States and China swp-berlin.org 7 facts
claimThe United States, supported by G7 states, blocked a significant expansion of China's influence in the International Monetary Fund and the World Bank.
claimThe United States, with support from G7 states, blocked a significant expansion of China's influence within the International Monetary Fund and the World Bank.
claimChina responded to being blocked from expanding its influence in the International Monetary Fund and World Bank by using its resources to establish new formats and organizations where it acts as the largest single donor.
claimThe growing rivalry between the United States and China is prominently displayed in the Bretton Woods institutions (World Bank and International Monetary Fund), the World Trade Organization, and the United Nations.
claimThe rivalry between the United States and China is prominently displayed in the Bretton Woods institutions (World Bank and International Monetary Fund), the World Trade Organization, and the United Nations.
claimThe growing rivalry between the United States and China is prominently displayed in the Bretton Woods institutions (the World Bank and the International Monetary Fund), the World Trade Organization, and the United Nations.
claimThe United States, supported by G7 states, blocked a significant expansion of China's influence in the International Monetary Fund and the World Bank.
How governments address climate change through carbon pricing ... nature.com Apr 15, 2025 6 facts
measurementAs of 2022, the World Bank reports that carbon pricing instruments are implemented in 68 national, subnational, or supranational jurisdictions, covering 23 percent of global greenhouse gas emissions.
claimThe World Bank provides the data for carbon pricing price and coverage used in the study.
measurementThe average price of carbon ranges from less than one USD per ton of CO2e in Poland to more than 75 USD per ton of CO2e in Sweden, based on data obtained from the World Bank.
referenceThe World Bank maintains a 'Carbon Pricing Dashboard' that tracks and provides data on carbon pricing initiatives globally.
referenceThe World Bank maintains a Carbon Pricing Dashboard that tracks global carbon pricing initiatives.
measurementAs of 2022, carbon pricing instruments are implemented in 68 national, subnational, or supranational jurisdictions, covering 23 percent of global greenhouse gas emissions, according to the World Bank.
Carbon Pricing for Inclusive Prosperity: The Role of Public Support econfip.org 4 facts
imageFigure 1 displays two panels: Panel a shows the relationship between carbon prices and trust in politicians, and Panel b shows the relationship between carbon prices and perceived corruption, adapted from Klenert et al. (2018a) using data from Transparency International (2018), World Bank Group (2019), and World Economic Forum (2018).
referenceThe World Bank Group published the 'State and Trends of Carbon Pricing 2019' report in June 2019.
claimThe World Bank High-Level Commission on Carbon Prices found carbon price estimates similar to the IPCC to reach the temperature targets of the Paris Agreement, according to Stiglitz and Stern (2017).
referenceThe World Bank Group published a guide in 2018 to assist in communicating carbon pricing policies to the public.
The International Implications of the Russo-Ukrainian War link.springer.com 2 facts
claimThe World Bank reported that food shortages resulting from the war in Ukraine have driven up food prices, exacerbating fragile economies in the Middle East and South Asia.
measurementThe World Bank reported on global food security conditions as of July 29, 2022.
Carbon Pricing for Climate Change Mitigation and Financing the SDGs global-solutions-initiative.org 2 facts
perspectiveJim Yong Kim, president of the World Bank, supports the implementation of a CO2 tax.
accountThe Carbon Pricing Leadership Coalition was launched under the umbrella of the IMF, World Bank, and OECD at the beginning of the climate negotiations in Paris.
Forms of Government: Change - What Is Economic Inequality? education.cfr.org Jun 9, 2025 1 fact
claimSince the World Bank began tracking inequality in the 1970s, many European countries have maintained relatively low Gini coefficients, while countries in sub-Saharan Africa and South America have typically struggled more with inequality.
Navigating market and political uncertainties in the age of energy ... brookings.edu Mar 11, 2025 1 fact
quoteA World Bank official described the challenge of energy transition in poorer countries as follows: “Poorer countries are stuck in a vicious cycle where they pay more for electricity; cannot afford the high upfront cost of clean energy; and are locked into fossil fuel projects.”
Climate policy portfolios that accelerate emission reductions - Nature nature.com Jan 23, 2026 1 fact
referenceThe World Bank published the 'State and Trends of Carbon Pricing 2023' report in Washington, DC, in 2023.
Dietary Guidelines and Quality - Principles of Nutritional Assessment nutritionalassessment.org 1 fact
measurementAvailability of national food-based dietary guidelines correlates with country income classification, with guidelines available for over half of high- and upper-middle-income countries, over one-quarter of lower-middle-income countries, and fewer than one in ten low-income countries, based on 2021 World Bank classifications.
A Critical Disconnect: Relying on Nuclear Energy in ... energypolicy.columbia.edu Jul 6, 2023 1 fact
claimMultilateral development banks, such as the World Bank, exclude nuclear energy from their capital provision frameworks.
Renewable Energy's Land Use Reckoning kleinmanenergy.upenn.edu Jun 3, 2025 1 fact
referenceREZoning is a web-based spatial planning tool developed by the Multi Criteria Analysis for Planning Renewable Energy Initiative in collaboration with the World Bank's Electricity Sector Management Assistance Program (ESMAP).
[PDF] Is US Trade Policy Reshaping Global Supply Chains? openknowledge.worldbank.org 1 fact
claimUS tariffs reduced import growth from China and stimulated import growth from other countries, according to the World Bank report 'Is US Trade Policy Reshaping Global Supply Chains?'.
Realist Review on Just Transition Towards Low Emission, Climate ... link.springer.com Jan 5, 2026 1 fact
measurementGlobally, over 3 billion people cannot afford a healthy diet, according to the World Bank.
Dietary diversity insufficiently explains differences in prevalence of ... journals.plos.org 1 fact
referenceThe World Bank Group maintains data on the total population of Nigeria, updated as of 2025.
Global analysis reveals persistent shortfalls and regional differences ... sidalc.net 1 fact
referenceThe Healthy Diet Basket (HDB) is a standard used by UN agencies and the World Bank to monitor the cost and affordability of healthy diets worldwide.
Biases in Behavioral Finance - World Scholars Review worldscholarsreview.org Sep 15, 2024 1 fact
referenceGine and Goldberg (2018) authored the World Bank Policy Research Working Paper No. 8576, 'Endowment Effects and Usage of Financial Products: Field Evidence from Malawi', which provides field evidence on how endowment effects influence the usage of financial products.
The U.S.-China Trade Relationship | Council on Foreign Relations cfr.org Oct 31, 2025 1 fact
measurementThe United States and China combined comprised 43 percent of the global gross domestic product (GDP) and nearly 48 percent of global manufacturing output in 2023, according to the World Bank.
The technical, geographical, and economic feasibility for solar ... ideas.repec.org 1 fact
referenceJevgenijs Steinbuks, Gaurav Satija, and Fu Zhao authored the 2015 paper 'Sustainability of solar electricity: the role of endogenous resource substitution and market mediated responses,' published as Policy Research Working Paper Series 7178 by The World Bank.
A Scoping Review of Indicators for Sustainable Healthy Diets frontiersin.org Jan 12, 2022 1 fact
referenceUNICEF/WHO and The World Bank Group published 'The World Bank Group Joint Child Malnutrition Estimates: Levels and Trends in Child Malnutrition: Key Findings of the 2020 Edition' in 2020.
Political and social trends in the future of global security. A meta ... link.springer.com Dec 5, 2017 1 fact
procedureThe methodology for producing global security foresight documents involves three main steps: (1) A steering group coordinates the process and drafts the final report; (2) The group reviews similar documents from allied countries, foresight reports from organizations like the United Nations and World Bank, and studies the present-day strategic environment using official sources, academic publications, and think tanks; (3) The group analyzes variables—sometimes called 'drivers' or 'trends'—that will shape the future scenario.
China-U.S. Relations in 2024 chinausfocus.com Feb 29, 2024 1 fact
measurementThe World Bank predicts that global economic growth will be slow for the next five years.
U.S. Trade and Tariffs: A Long-Term Perspective - UW-Stevens Point | blog.uwsp.edu Jan 8, 2025 1 fact
measurementAccording to the World Bank, the U.S. mean applied tariff rate increased from 1.59% in 2018 to 13.78% in 2019, before declining to 1.52% in 2020.
(PDF) Neurological and Biological Foundations of Children's Social ... academia.edu 1 fact
referenceMustard, J. (2006) presented 'Early child development and experience-based brain development-The scientific underpinnings of the importance of early child development in a globalized world' at the World Bank International Symposium on Early Child Development, organized by The Canadian Institute for Advanced Research.
Publications - I4CE i4ce.org 1 fact
accountOn June 18, 2018, the World Bank's Partnership for Market Readiness (PMR) initiative, the United Nations Development Program, the National Agency for Energy Management (ANME), the Tunisian Professional Association of Banks and Financial Institutions (APTBEF), and the Institute for Climate Economics (I4CE) held a lunch debate in Tunis regarding the financial sector's role in the energy transition and the implementation of the Paris Agreement in Tunisia.
1.3: Systemic or "Macro" Factors That Affect Financial Thinking biz.libretexts.org Aug 23, 2025 1 fact
referenceThe World Bank provides data on U.S. inflation rates covering the years 1965 through 2020.
The technical, geographical, and economic feasibility for solar ... ideas.repec.org 1 fact
referenceMaria Vagliasindi (2012) analyzed the role of policy-driven incentives in attracting public-private partnerships (PPPs) for renewable-based energy in developing countries, published in the World Bank Policy Research Working Paper Series 6120.
War in Ukraine | Global Conflict Tracker - Council on Foreign Relations cfr.org Feb 24, 2026 1 fact
measurementThe European Commission, the Ukrainian government, and the World Bank estimated that rebuilding Ukraine and enabling its economic recovery will cost approximately $588 billion over the next decade.
[PDF] Geopolitics and the World Trading System openknowledge.worldbank.org Dec 13, 2024 1 fact
claimThe World Bank's Policy Research Working Paper Series disseminates findings of work in progress to encourage the exchange of ideas about development.
[PDF] World Resources Report Creating a Sustainable Food Future research.wri.org 1 fact
claimThe World Resources Report titled 'Creating a Sustainable Food Future' is the result of a multiyear partnership between the World Resources Institute, the World Bank Group, and the United Nations Environment Programme.