800 million jobs at risk over 15 years? World Bank's Ajay Banga calls for global financing overhaul
World Bank President Ajay Banga warned that 800 million jobs could be at risk over the next 15 years as 1.2 billion young people enter the workforce, while only 400 million jobs are expected to be created. He proposed a strategy combining public finance, private investment, and technology to address this gap. The World Bank aims to increase critical minerals financing fivefold, targeting $19 billion from 2026 to 2030.