Webinar: Global Economy: Reversing the Scars of COVID-19

 

World Bank Live Presents : The COVID-19 pandemic has caused major disruptions in the global economy that could have  lasting adverse effects. If history is any guide, the global economy is heading for a decade of growth disappointments. Uncertainty about the post-pandemic economic landscape and policies has discouraged investment; disruptions to education have slowed human capital accumulation; concerns about the viability of global value chains and the course of the pandemic have weighed on trade and tourism.

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Supporting a Green, Resilient and Inclusive Recovery on West Africa’s Coast

 

In Gbekon, Benin, summers come with flooding from the Mono River. Erosion of the nearby supporting-green-resilient-and-inclusive-recovery-west-africas-coast-1140x500coast, along with more unpredictable rainfall, have made these floods worse over time. Each flood cuts access to the only road connecting people to farms, jobs, and public health services and put thousands of lives and livelihoods at risk. In 2020, the World Bank-financed West Africa Coastal Areas Program (WACA) built dikes and instituted other measures to manage river flows and prevent flooding, with the result  that more than 3,600 households were less exposed to coastal erosion and flooding.

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What we’ve learned about supporting jobs in fragile and conflict-affected environments

The development community has begun paying more attention to supporting jobs in situations somaliland-schulman-5981of fragility, conflict, and violence (FCV). There are still many things we don’t know, but we have made progress: We can draw lessons from programs financed out of the US$14 billion investment in FCV through IDA18 and a number of new impact evaluations.

We summarized these lessons in our recent Jobs Note, “Supporting Jobs in Fragility, Conflict, and Violence (FCV) Situations.” Here are a few key takeaways.

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World Bank Supports First COVID-19 Vaccine Rollout in Lebanon

US$34 million in emergency financing will provide access to vaccines for over 2 million people in Lebanon

BEIRUT, January 21, 2021 — The World Bank today approved a re-allocation of US$34 million under the existing Lebanon Health Resilience Project to support vaccines for Lebanon as it faces an unprecedented surge in COVID-19, with record-breaking numbers of around 5,500 daily confirmed cases since the beginning of the year. This is the first World Bank-financed operation to fund the procurement of COVID-19 vaccines. The financing will provide vaccines for over 2 million individuals. The vaccines are expected to arrive in Lebanon by early February 2021.

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Living in the Dark No More: How Solar Power Helps Yemenis Resume their Lives

The Yemen Emergency Electricity Access Project has worked across several of the country’s governorates and villages. We heard directly from the people on the ground about how, exactly, this project has changed their lives. Supported by the World Bank’s International Development Association (IDA) and the United Nations Office for Project Services (UNOPS), we went to different areas and villages to listen to the people whose voices matter most for World Bank projects.

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Urgent, Effective Action Required to Quell the Impact of COVID-19 on Education Worldwide

 

Sutil, who lives in a remote village in West Kalimantan, Indonesia (the world’s 4th most populous country), has found educating his child during COVID-19 to be a monumental challenge. As a farmer with a lack of electricity and no access to the internet or television, Sutil has found it difficult to help his child with his lessons. Once a week, teachers come to the children’s homes so they can help the children with their learning, however, in many cases, they have difficulties finding the children because they are out with their parents in the rice fields.

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eC2: Impact of Clean Energy Transition on Job Creation Case Studies

Deadline:   02-Feb-2021 at 11:59:59 PM (Eastern Time – Washington D.C.) greencompetitiveness

The Energy Sector Management Assistance Program (ESMAP) at the World Bank, is investigating how the energy transition the transition away from fossil fuels, encompassing the adoption of new technologies and models of service delivery in the sector can contribute to the generation of jobs and support economic activity while advancing the global decarbonization agenda. For a specified set of World Bank energy sector projects, the Consultant will prepare detailed case studies. As part of each case study, the Consultant will trace the set of activities undertaken as part of the project; develop a methodology for estimating jobs created by and as a result of the project, articulating a results chain in the process; and, applying the methodology, estimate the employment impact of the project (jobs numbers and various dimensions of job quality, earnings, etc.). Key findings from the case studies will be summarized in a note.
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Middle East and North Africa: Two opportunities for rebuilding after COVID-19 in green and inclusive ways

 

What is the best path to building better and greener after the pandemic? Leaders around the shutterstock_1379087948globe ask this question and come up with different answers. For example, the European Union puts the spotlight on nature as the strongest ally in green recovery after COVID-19. South Korea plans to invest in green cities and support new green industries and businesses, among others. The best recipe for success differs across countries and regions, but as made clear in this previous op-ed, the Middle East and North Africa (MENA) region will need to include green and sustainable practices for a more resilient and inclusive recovery.

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eC2: Sudan Agriculture Value Chain Investment Roadmap

Deadline:  03-Feb-2021 at 11:59:59 PM (Eastern Time – Washington D.C.) agriculture-youth

Agriculture is the backbone of the Sudanese economy, generating one-third of GDP and having a labor share of more than 50 percent. Agriculture provides livelihood to approximately two-thirds of the population. Value chains in the agriculture sector, however, remain underdeveloped and fragmented and lack integration. Increased agro-processing and trade, supported by well-directed strategic public sector investments, can unlock much greater value from agriculture. Policy-induced private investment, backed up by public sector financing to facilitate value chain development can set in motion a virtuous cycle of increased productive investment that can in turn boost government revenues from tax collections on corporate profits.
The World Bank is seeking services of a consulting firm to prepare an investment roadmap for two agricultural value chains: Sorghum and Livestock (Small Ruminants).

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World Bank Plans to Invest over $5 Billion in Drylands in Africa

 

PARIS/WASHINGTON, January 11, 2021— The World Bank plans to invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote livelihoods across 11 African countries on a swathe of land stretching from Senegal to Djibouti.

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