Largest energy spike in 50 years

PLUS: Tackling gender-based violence If you're having trouble reading this message, [click here]( [The World Bank logo]( [Photo: Shutterstock]( [Commodity Markets Outlook: Ukraine war sparks food and energy shocks]( The war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices at historically high levels through the end of 2024, according to the World Bank’s latest [Commodity Markets Outlook]( report. [COMMODITY MARKETS]( Editor's Pick [Photo: World Bank]( [Tackling gender-based violence in Sint Maarten]( Nearly [one in three women]( worldwide have experienced physical and/or sexual violence by an intimate partner in their lifetime. Alarmingly, the scourge of gender-based violence worsened since the COVID-19 pandemic started, as stay-at-home orders and government lockdowns forced women to stay home with their aggressors. Addressing gender-based violence is a key area of work for the Resources for Community Resilience (R4CR) project funded by the Sint Maarten Recovery, Reconstruction and Resilience Trust Fund administered by the World Bank. [THE WORLD BANK IN SINT MAARTEN]( [Photo: CCRIF]( [Risk insurance builds climate and disaster resilience in Central America and the Caribbean]( Central America and the Caribbean is characterized by great cultural and environmental diversity, and is also vulnerable to natural hazards including earthquakes, hurricanes, and floods. Recent disasters that have affected the region include the record-breaking hurricane season of 2017, with two category 5 storms, as well as the devastating earthquakes that struck Haiti in 2010 and 2021. The Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC) offers sovereign insurance for earthquakes, tropical cyclones, and excess rainfall to Caribbean and Central American countries. [CCRIF-SPC]( Blog [Photo: Shutterstock]( [Staying the course for women’s economic empowerment in the Middle East and North Africa]( In her newest blog, World Bank Managing Director Mari Pangestu looks at how enhancing gender equality is an essential part of protecting fundamental drivers of growth and enabling countries to move towards green, resilient, and inclusive development. [MORE BLOGS FROM MENA]( Videos and Podcasts [Video: Planting Trees, Restoring Landscapes in Central Asia]( [Video: Planting trees, restoring landscapes in Central Asia]( Green spaces are vital to any city’s development—filtering air, helping combat climate change by sequestering carbon from emissions, providing a respite during hot summer months, and much more. In celebration of Earth Day 2022, the World Bank Group office for Central Asia in Almaty, Kazakhstan came together to plant 100 ash trees to make a statement about the course of our work over the coming years in Kazakhstan and the wider region. [THE WORLD BANK IN EUROPE AND CENTRAL ASIA]( [Photo: World Bank ]( [Podcast: When do public-private partnerships work well?]( In the latest Tell Me How Podcast, the team discusses the conditions that support well-functioning public-private partnerships from experiences of countries around the world. [MORE PODCASTS]( In The News [World Bank Helps Bhutan Scale up COVID 19 Vaccination]( [World Bank Supports Human Capital in Cabo Verde]( Jobs [IT Analyst, Business Solutions (Washington, DC)]( [Senior Agriculture Economist (Argentina)]( Data Viz [Volatile commodity prices]( Price growth, fertilizers and food [Price Growth, Fertilizers and Food]( The recent price spike for food and fertilizers represents the third largest bump since 1970 (after 1974 and 2008). The heightened volatility in commodity prices after February 2022 reflects concerns about the current and potential impact of the war on the production and trade of commodities, especially those for which Russia and Ukraine play a key role. [WORLD BANK PINK SHEET (APRIL 4)]( 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]( [Other Bank Newsletters]( | [Privacy Policy]( [Unsubscribe from this list]( | [Update subscription preferences](