WASHINGTON, May 3, 2023 – The Executive Directors of the World Bank today selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023.
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Procurement Framework and Regulations for Projects After July 1, 2016 (worldbank.org)
Cities, as engines of prosperity, are major contributors to climate change, generating about 70% of global greenhouse gas emissions. At the same time, as home to more than half of humanity, cities are on the front lines of climate change.
New analysis from the World Bank examines the two-way relationship between cities and climate change, concluding that cities also hold one of the keys to solving the climate crisis. With data from more than 10,000 cities, the report offers insight into how to help cities become greener, more resilient, and more inclusive – in other words, on how to help their cities thrive – in a changing climate.
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Procurement Framework and Regulations for Projects After July 1, 2016 (worldbank.org)
As the U.S. continues to experience historically high inflation rates and increasing risks to its economy, it also faces a number of global geoeconomic challenges. These include the end of the era of globalization, rising financial instability and pressures to increase the production of certain strategically important goods for domestic use or export to friendly neighbors. Meanwhile, the U.S. and other countries are also contending with the economic implications of social, political and technological developments, such as population aging, greater competition from abroad, growing inequality, innovation and its impact on the labor market, and the global transition to cleaner energy sources.
On May 22 at Baker Hall, World Bank Group President David Malpass joined John W. Diamond, Director of the Center for Public Finance at the Baker Institute, to discuss the geoeconomic challenges — and opportunities — facing the United States and the world, and how to navigate them.
This event was sponsored by the Baker Institute Center for Public Finance.
A quick scan of the headlines tells you everything that those of us working in international
development already know: today’s world is not business as usual. In just a few short years, the global landscape has transformed in a way that very few of us could ever have anticipated.
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Procurement Framework and Regulations for Projects After July 1, 2016 (worldbank.org)
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