International financial institution
Appears in 18 stories · Last updated Nov 8, 2026
Financed the line, which was inaugurated on November 8
President Maia Sandu and European Commissioner for Enlargement Marta Kos inaugurated the 157-kilometer Vulcanesti-Chisinau power line on November 8. The 400-kilovolt line was energized that day, connecting Moldova's grid to Romania and the wider European market without passing through Transnistria. Sandu said two more power lines to Romania are planned.
Updated 3 days ago
Publisher of the October 2026 India Poverty and Equity Brief
In 2011, 27 of every 100 Indians lived below $3 a day. By 2023, that number was 2.6.
Updated Oct 31
Primary funder of the transmission component
Construction crews have started pulling conductors across the towers of Pakistan's first 765 kV transmission line. The Dasu–Islamabad project will carry power from the Dasu hydropower complex in the north to the national grid near the capital.
Updated Oct 28
Tracks Timor-Leste's fiscal transition and poverty outlook
Timor-Leste's national poverty rate fell from 48.4% in 2014 to 37% in 2024, according to a living-conditions report presented October 20 by the Ministry of Finance and the National Statistics Institute (INETL). Grid electricity reached 93.6% of households, up from 67.2%, and the share of people without electricity fell to 1.7%. Safe drinking water gaps shrank from 25.4% to 9.1%.
Updated Oct 27
Tracks Indonesia's poverty on international lines; declared it upper middle-income in 2023
In 1984, three-quarters of Indonesians lived on less than $2.15 a day. By 2023, that share was below 2%, lifting some 115 million people out of extreme poverty. On the $3-a-day line Our World in Data uses, the rate fell from 86% in 1984 to under 4% in 2025.
Updated Oct 18
Lender for the Douala-Bangui corridor
Cameroon's president approved $630 million in loans on October 2, 2026. Six days later, the first construction package went out for bid: the public works ministry invited contractors to tender on the 167-km Yaoundé-Edéa road, the Douala-Bangui corridor's busiest stretch.
Updated Oct 12
As of September 2026: Publisher of the World Development Indicators and Migration and Development Brief
Migrants sent $728.6 billion home to families in developing countries in 2025, nearly double the 2016 total. The sum now tops foreign direct investment into those countries and is more than four times global development aid.
Updated Sep 16
As of September 2026: Funded the substation projects
Lagos's two busiest commercial corridors just got a bigger electrical pipe. Nigeria's power minister commissioned upgraded substations at Alausa and Lekki, adding 272 megawatts of bulk power capacity to the grid.
Updated Sep 4
As of July 2026: Sets the income classifications that triggered the upgrade
On July 1, 2026, the World Bank raised the Philippines to upper-middle-income status for the first time since 1987. Income per person reached $4,850, clearing the $4,636 cutoff after 39 years in the lower tier.
Updated Jul 3
As of May 2026: Lead funder of African electricity access through Mission 300
In 2000, 1.35 billion people lived without electricity. By May 2026, that count has fallen to roughly 675 million. The drop works out to about 334,000 new connections every day, sustained for a quarter century.
Updated May 31
As of May 2026: Primary funder of Nigeria electrification programs
Nigeria imports more solar panels than any African country except South Africa. In the 12 months ending June 2025, Chinese solar module shipments to Nigeria grew by two-thirds—the steepest surge on the continent. The catalyst: a national grid that collapsed 12 times in 2024, fuel prices that tripled after subsidy removal, and 87 million Nigerians still without reliable electricity.
Updated May 22
As of May 2026: Primary compiler of global education statistics; major education funder
In 1970, fewer than half the world's teenagers attended secondary school. By 2017, more than three-quarters did.
As of May 2026: Major funder of education in developing countries
In 1820, roughly 88% of humanity could not read; today roughly 87% can. This shift, driven by two centuries of compulsory schooling laws, cheap printing, and global campaigns, gave more than 5 billion people a skill fewer than 100 million possessed then.
As of May 2026: Primary data source for global poverty and inequality metrics
For two centuries starting in 1820, global inequality widened until the 1980s, then began falling — the first reversal since the Industrial Revolution. The global Gini coefficient dropped from 70 points in 1990 to 62 by 2019, driven almost entirely by rapid income growth in China, India, and other populous developing nations.
As of May 2026: Primary global authority on poverty measurement
In 1820, more than 80% of the world's population lived in extreme poverty. By 2019, that figure had fallen to 8.9% at the then-$2.15/day line, a decline of roughly 0.35 percentage points per year sustained over two centuries.
As of May 2026: Primary source for contemporary GDP and poverty data
In 1820, global economic output stood at roughly $1.2 trillion in today's dollars. By 2025, it exceeded $120 trillion—a hundredfold expansion. For the 1,800 years before 1820, total world output had grown perhaps sixfold. The past two centuries compressed more material transformation than the previous eighteen. Yet as 2026 unfolds, major economic institutions warn this growth is slowing: the 2020s are on track to be the weakest decade for global expansion since the 1960s.
As of May 2026: Parallel forecaster tracking developing economy impacts
In April 2025, average US tariffs hit their highest level since 1943. Nine months later, the global economy is still growing. The IMF's January 2026 World Economic Outlook projects 3.3% global growth (slightly better than feared), thanks to supply-chain rerouting, surging AI investment, and a US-China truce pulling tariffs back from their 145% peak.
As of May 2026: Major funder of social protection programs in developing countries
For the first time in history, more than half the world's population has access to some form of social protection. The figure hit 52.4% in 2024—up from 42.8% when the UN adopted the Sustainable Development Goals in 2015. That's 4.7 billion people now covered by pensions, disability benefits, healthcare, or cash transfers that help them survive economic shocks and escape poverty.
Updated May 19
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