From Evolution to Revolution: 10 Years of Green Bonds

Issued in November 2008, the World Bank’s first green bond created the blueprint for green bondssustainable investing in the capital markets. Today, the green bond model is being applied to bonds that are raising financing for all 17 Sustainable Development Goals.

The phone call to the World Bank Treasury came out of the blue: a group of Swedish pension funds wanted to invest in projects that help the climate, but they did not know how to find these projects. But they knew where to turn and called on the World Bank to help. Less than a year later, the World Bank issued the first green bond—and with it, created a new way to connect financing from investors to climate projects.

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3 hard truths about the global sanitation crisis

Today when you go to the toilet, be it in someone’s basic latrine in a rural village you untitledmight be visiting, in a public toilet where you work, or on a comfortable water-flushed ‘loo’ at home, take a moment to think about those not as fortunate as yourself.

As you sit (or squat) and contemplate, consider these three hard truths about sanitation:

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Rewarding water-responsible companies is key to success in addressing global water security

Over the past fifteen years, I have seen a rapid evolution in corporate actors in blue_certificate_awarding_cfonsecarecognizing water risks to their operations. In response, some have taken measures to ensure that all water is returned to its originating watershed while making sure that returned water is as clean or cleaner than it was before. But to keep the momentum going, we need to think about how we can encourage and motivate companies that will push them to collaborate more with governments, other companies, and civil society toward realizing the Sustainable Development Goals (SDGs). Equally as important, we need to bring forward those companies that unfortunately have yet to prioritize water.

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eC2: Assessment of Laboratory and Diagnostic Services

Deadline: 19-Dec-2018 at 11:59:59 PM (Eastern Time – Washington D.C.) Survey

This consultancy will focus on providing quality services to patients and examine how the Sri Lankan Ministry of Health (MoH) could offer clinical lab services to the population through an assessment of existing public sector capacity.

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eC2: TECHNICAL ASSISTANCE TO STRENGTHEN THE EARLY WARNING SYSTEM FOR FOOD INSECURITY IN ETHIOPIA AND ITS LINKS TO A SCALABLE RURAL PRODUCTIVE SAFETY NET PROGRAMME

Deadline: 14-Dec-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)resized-food-insecurity_orig

Objective: The main objectives of this consultancy assignment are to (1) conduct a review on the design and operation of early warning systems operating in Ethiopia which are used to trigger and inform food and cash support to drought affected households; (2) advise on improved protocols and monitoring systems and tools for alert triggering; and (3) provide concrete options for the design of an enhanced and scalable social safety net system based on early warning information.
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eC2: Vietnam: Developing Sustainable Rooftop PV Program

Deadline: 12-Dec-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The assignment objective is to provide technical support to the Government of Vietnam and the cities of Danang and HCMC in developing and scaling up rooftop/distributed solar PV deployment in a sustainable and cost-competitive manner leveraging private sector investments.

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High-Growth Firms: Facts, Fiction, and Policy Options for Emerging Economies

November 16, 2018—Policies to create jobs, promote entrepreneurship and growth are FCI-780-x439-thumbnailkey priorities for many emerging economies. Designing and implementing reforms is particularly challenging as policy makers attempt to strike a balance across sectors, firm size and incentives that can sustain growth in a rapidly changing global economy. High-growth firms (HGFs)–accounting for approximately 3-20 percent of the manufacturing and service industries—are of particular interest as a growth model considering their contribution to more than 50 percent of new jobs and sales in in these sectors. Analysis of high-growth firms in Brazil, Côte d’Ivoire, Ethiopia, Hungary, India, Indonesia, Mexico, South Africa, Thailand, Tunisia, and Turkey is offering evidence that challenges some of the conventional views defining HGFs and the sectors where they can prosper. Continue reading

eC2: Merchant Acquisition and Management Firm

Deadline: 18-Dec-2018 at 11:59:59 PM (Eastern Time – Washington D.C.) financial-inclusion-gender

A key objective of the project in Tanzania is to promote financial inclusion, by increasing access to mobile money and by digitizing payments to merchants. Although mobile money access has improved in Tanzania, levels of usage of digital financial services, including payments, in general remains low. To address this challenge and offer a mass market payment solution, IFC and its partner, a mobile network operator, are building on a merchant proposition to increase the number of merchants offering the product and increase customer usage of the product. This project will build capacity and improve performance of the MNO in creating a sustainable and vibrant mobile money ecosystem in Tanzania.

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Culture – the “X Factor” for Building Back Better after Conflict and Disasters

STORY HIGHLIGHTSBosnia-and-Herzegovina-Mostar-2-Asiastock-Shutterstock

  • As the world continues to urbanize rapidly, cities are increasingly bearing the brunt of conflicts, crises, and disasters, which have a devastating effect on culture.
  • A new World Bank-UNESCO Position Paper, Culture in City Reconstruction and Recovery (CURE), proposes an enhanced culture-based framework for city reconstruction and recovery.
  • The CURE Framework marks an important milestone in the partnership between the World Bank and UNESCO on culture, urban development, and resilience.