How guarantees can boost private financing

New platform, getting back on track to end poverty If you're having trouble reading this message, [click here]( [Leveraging the Power of Guarantees to Boost Private Financing]( [Leveraging the Power of Guarantees to Boost Private Financing]( [Developing countries will need an average of $2.4 trillion each year between now and 2030 to tackle global development challenges. Guarantees can help boost private financing and fill this gap.]( [SEE HOW]( Week’s Highlights [Getting Back on Track to Meet the First Sustainable Development Goal]( [Getting Back on Track to Meet the First Sustainable Development Goal]( [Global development experts shared recommendations for how we can jumpstart progress toward eradicating poverty at the recent High-Level Political Forum on Sustainable Development.]( [LEARN MORE]( [Empowering Africa’s Youth: Bridging the Digital Skills Gap]( [Empowering Africa’s Youth: Bridging the Digital Skills Gap]( [The Eastern and Southern Africa region has the slowest pace of digitalization globally. As we marked World Youth Skills Day, this piece looks at how we need to accelerate digital adoption in the region, including for youth.]( [READ MORE]( In Focus [Smart Health Taxes: A Win-Win]( [Smart Health Taxes: A Win-Win]( [Excise taxes on products such as tobacco, alcohol, and sugar-sweetened beverages can not only lead to health benefits, but they can also generate meaningful revenue.]( [FIND OUT HOW]( [4 Lessons from Food Security Updates]( [4 Lessons from Food Security Updates]( [The World Bank has now released over 100 editions of its Food Security Update. As food security continues to be a global concern, here are our lessons learned and insights on what lies ahead.]( [READ MORE]( [Breakthrough Pension Reform in Saudi Arabia]( [Breakthrough Pension Reform in Saudi Arabia]( [Saudi Arabia took a big leap forward in transforming its pension system with the recent announcement of comprehensive reforms, which could become a model for the region.]( [VIEW STORY]( News [New Country Policy and Institutional Assessment Report for Africa Highlights Best Practices to Support African Businesses]( [Western Balkan Economies Need to Strengthen Climate Resilience to Protect People and Boost Growth: WBG Report]( [World Bank Opens Fiscal Year 2025 US Dollar Benchmark Program with USD 2.7 Billion in SOFR Index-Linked Sustainable Development Bonds]( [READ LATEST NEWS RELEASES]( Connect with us on social media! Accredited journalists may obtain advance access to reports and information by registering with the Bank's [Online Media Briefing Center]( a password-protected site for working journalists. Material in this newsletter is copyrighted. Requests to reproduce it, in whole or in part, should be addressed to pubrights@worldbank.org For more information visit our website: [worldbank.org](. [Access to Information]( [Privacy Policy]( [Unsubscribe from this list]( | [Update subscription preferences](