As many of us stay at home and continue to work there during the COVID-19 pandemic, we are spending a lot more time in our kitchens than ever before. For some of us, this is about cooking in the comfort of a modern cooking environment.
What is TechEmerge? This award-winning matchmaking program from the International Finance Corporation (IFC) connects tech companies worldwide with leading organizations in emerging markets. Together we pilot projects uniquely tailored to local needs, supported by a global network of industry advisors, building commercial relationships in vital sectors, maximizing social impact, and spurring innovation.
The TechEmerge Resilience India Matchmaking Event brings together members of different Indian Government Disaster Management Authorities with technology innovators handpicked by a global jury of subject matter experts – in order to find solutions and address some of the biggest challenges in Disaster Management and Resilience, especially in a COVID-19 environment.
Date and Time
Mon, Oct 26, 2020, 11:30 PM – Wed, Oct 28, 2020, 6:30 AM EDT
As of this month, over a million people have lost their lives to COVID-19. More than 35 million are infected. In every part of the world, the poorest are suffering most, and the World Bank’s recently released Poverty and Shared Prosperity Report estimates that global extreme poverty will rise this year for the first time in a generation. Furthermore, the impact of COVID-19 is not just affecting the extreme poor, but lockdowns and sudden cessations of economic activity and mobility have had a broader impact than previous crises. The faces of the “new poor” are more likely to be urban and educated and to be engaged in informal services and manufacturing, rather than agriculture; and middle-income countries will be significantly affected. Women are also more impacted, as they are twice as likely to lose their jobs compared to men. They also bear the brunt of family care under lockdown, and many are “skipping meals” as a response to reduced incomes.
The Dutch Embassy in Washington D.C. and the Netherlands Enterprise Agency have organized a webinar series ‘Doing business with the World Bank’. The series started with a kick-off on 6 October. Koen Davidse, Executive Director at the Constituency Office at the World Bank Group, and Jan de Boer, Advisor to the Executive Director, gave presentations on the topic. Central theme of the first webinar was the World Bank COVID-19 response and its impact on its operations.
The COVID-19 pandemic continues to devastate countries, overwhelming health systems, disrupting productivity, threatening food security, multiplying job losses, and reducing incomes, particularly for the poorest. It has led to the largest global economic contraction in eight decades, affecting all economies and causing investments, trade, and remittance flows to plummet. The global crisis is threatening the lives and livelihoods of the most vulnerable by increasing poverty, exacerbating inequalities, and damaging long-term economic growth prospects. It requires a comprehensive, robust global response from the development community.
Central banks impact our daily lives in many ways with their role to promote economic and financial welfare of citizens, but their operations are even more critical during a crisis.Central bank reserves provide an essential buffer against uncertain economic outcomes and help protect against economic shocks to promote trade, maintain price stability, and attract foreign investment. Effective reserve management supports the broader mission of central banks to set targets for unemployment, inflation, and interest rates to ensure a healthy economy with full employment and favorable conditions to promote investments and the conducting of business.