EDS24

In an innovative new public private partnership project, IFC and MIGA are providing €260 million in financing and guarantees to close the existing landfill and build and manage the new landfill, waste facilities and waste to energy facilities.

The World Bank issued in Feb 7th, 2018 the biggest Catastrophe Bonds ever. $1.4bn for Mexico, Peru, Colombia and Chile. This is the biggest transfer of natural catastrophe risk from sovereigns to the financial markets. The Swiss State Secretariat for Economic Affairs SECO has supported this operation which will help middle income countries building their resilience.

Turkmenistan devotes high importance to transport and transit sectors. The country has been developing transit routes in view of its favorable geographical location. In October 2017, the new book of President of Turkmenistan Gurbanguly Berdimuhamedov «Turkmenistan is the heart of the Great Silk Road» has been officially launched. According to the Press Center of the Turkmen State Publishing Service, the book has been published in Turkmen, English and Russian languages, and is intended for a wide range of readers.

The Board of Directors approved the new Country Partnership Framework for Kazakhstan on December 12, 2019. The CPF is a strategic document that will guide the World Bank Group's support to Kazakhstan during the period 2020-2025.