Blog · 17 Oct 2026

800 million jobs at risk over 15 years? World Bank's Ajay Banga calls for global financing overhaul

World Bank President Ajay Banga noted 1.2 billion young people would enter the global workforce over the next 10 to 15 years, against an estimated 400 mil…

800 million jobs at risk over 15 years? World Bank's Ajay Banga calls for global financing overhaul

World Bank President Ajay Banga said 1.2 billion young people would enter the global workforce over the next 10 to 15 years, against an estimated 400 million jobs.

The institution also plans to raise critical minerals financing to $19 billion over fiscal 2026-2030 and mobilise more private capital.

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