Tag: World Bank
Natural disasters push 26m into poverty each year, says World Bank
Study finds floods, storms and droughts cost global economy $520bn a year and highlights need to tackle climate change. Floods, earthquakes, tsunamis and other extreme natural disasters push 26 million people into poverty each year and cost the global economy more than half a trillion dollars in lost consumption, the World Bank has said. A […]
World Bank renews drive against inequality
Report says faster growth and more anti-inequality measures would be needed to meet goal of eliminating extreme poverty and boosting pay. The World Bank has called for a fresh drive to tackle inequality after warning that the gap between rich and poor risks thwarting its ambition of eliminating extreme poverty by 2030. Ahead of its […]