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World Bank

Extreme Heat Cost Bangladesh Up to $1.8 Billion: WB

Bangladesh suffered an estimated economic loss of $1.3 billion to $1.8 billion in 2024 because extreme heat reduced labour productivity, according to a new World Bank report. The loss is equivalent to about 0.3% to 0.4% of the country’s GDP, with damages rising sharply once daytime temperatures exce

Extreme Heat Cost Bangladesh Up to $1.8 Billion: WB
World Bank Approves $1.1 Billion Emergency Support for Bangladesh

World Bank Approves $1.1 Billion Emergency Support for Bangladesh

The World Bank has approved $1.1 billion in emergency support for Bangladesh under two separate projects to help ensure food security, sustain agricultural production and address volatility in global food, fertiliser and energy markets, according to a press release issued from Washington on Saturday

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