Nearly half the people of the world today are under 25 years old. Nine out of ten of these young people live in developing countries. A billion of them will need jobs in the next decade. More importantly, the majority of the developing world's poor are children and youth. Although significant progress has been made in reducing income poverty worldwide, the fact remains that most of the Millennium Development Goals (MDG) outcomes directly targeting the young are not likely to be met unless greater attention is paid to the next generation.
World Bank is the world's largest lender for education and health, the two sectors most directly related to children and youth outcomes. It also contributes significantly in addressing the issues of poverty, HIV/AIDS, nutrition, social protection and social development, all of which affect the lives of young people.
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