In early 2016, the Fiji province of Ra was hit by Cyclone Winston, the biggest storm ever recorded in the Southern Hemisphere, impacting 62% of the Fiji population and caused F$2 Billion in damage (20% of GDP). It killed 44 people, injured hundreds and left 131,000 people homeless. The Category 5 storm first made landfall in Ra, leaving its communities completely devastated. Cyclone Winston was an example of new enemies facing communities. Enemies that are linked to climate change.
Getting to commercial close on a Public-Private Partnership (PPP) transaction is a major milestone. But the deal is far from done. Getting from commercial close to financial close involves satisfying a long list of PPP contract Conditions Precedent, the terms, and conditions of lenders, among other requirements. The process is tricky and involves a lot of heavy lifting, particularly in emerging markets where the market for PPPs and supporting institutional structures may not yet be robust. None of this is news. Continue reading
When Agnes became a young widow with four children still to raise, many people in her community thought she would have to take her children out of school. But education is important to Agnes and to support her family, she turned to business and became a cross border trader.
“I buy millet in Uganda and sell it in Kenya,” she explains. “In Kenya, I buy sugar and then bring back to Uganda.”
December 1, 2017– While the developing world has made strong progress towards
universal primary education, education is still largely an unfulfilled dream for millions of children with disabilities. Leroy Philips, a youth leader and radio broadcaster from Guyana, recalls what it was like growing up blind.
Those of you who have visited Dubai in recent years may relate to what I am going to say: Dubai is in the middle of the desert, and its land, not that long ago, was really worth nothing. Now it is one of the most vibrant international cities in the world. All this happened in a relatively short time span.
Behind this impressive development, there was leadership, a vision that was converted into laws and policies, institutional reforms, and human resources development that made it possible. At the center of it all, was land and real estate policies. The Dubai Land Department is one of the best in the World. According to the World Bank Doing Business Report, Dubai ranks No. 10 in the world in registering properties, which far exceeds the ranking of many of the developed economies.
It’s now 2017 and I’m in Washington DC at the latest leg of my journey. Just a few days ago the World Bank’s Water Global Practice launched a toolkit and background report that explores why, when and how water utilities can work together to provide better services. This is the culmination of a years-long team effort and, for me, a particular satisfaction to have even more evidence to inform our policy advice on the matter. As often, the conclusions are more nuanced than my (and many of my colleagues’) Cartesian mind would like. The success of an aggregation depends very much on your starting point and what you are trying to achieve, and so you really need to think about those two points as you design your reform process…. But I don’t want to give all the insights away – check out the toolkit, discover the case studies, listen to the interviews and read the report if you want to know more!
The Private Sector Liaison Officers (PSLO) Energy Sector Mission 2017 with the theme ‘Integrating Sustainable Energy in Global Development’ attracted more than 80 energy organizations from eight different countries interested in the work International Financial Institutions do in the Energy Sector. The PSLO Energy Sector Mission 2017 was jointly hosted by the following organizations: Alberta Canada, the Embassy of the Netherlands, Advantage Austria, Business France, ICEX and the World Bank Group.
RebelGroup (or “Rebel”)—the majority Dutch firm with offices in Rotterdam, Antwerp, Manila, Johannesburg, and Washington D.C.—has been advising governments on the development of infrastructure projects for 15 years. Over the past decades, Rebel has both experienced and shaped some of the major trends in the global infrastructure market—including a significant growth in the use of public-private partnerships (PPPs).
PPPs allow a government to engage a private company for the construction, maintenance, operations, and financing of an infrastructure project in a long-term contract that—through its focus on optimal risk allocation and performance incentives—maximizes value to society. PPPs have relieved many governments from the cost overruns and delays that traditionally plagued infrastructure projects, allowing more projects to be delivered on-time and on-budget.
What is your role within the World Bank? How does your department contribute to reducing poverty in the world?
Ever since early 2017 I am a Financial Management Specialist within the Governance Global Practice (GGP). GGP constitutes one of 14 operational branches (Global Practices or GPs) of the World Bank. It’s development interventions result in stronger, more efficient and accountable institutions leading to enhanced service delivery. As such I am involved in designing and operating Governance projects (lending, Technical Assistance) to a range of African countries. Through a well-functioning public sector, with capable civil servants and sound and accountable public finances, client countries can better provide public services and consequently improve citizens’ socio-economic outcomes.
Imagine that you are an advisor to your country’s Minister of Education. A recent earthquake damaged hundreds of schools in several cities. The minister has called for a meeting with you and asked:What can be done to prevent similar damages in the future?
So… What would you advise? In search of answers, we spoke with the leaders of the World Bank’s Global Program for Safer Schools (GPSS), who have recently launched an innovative tool, the Roadmap for Safer Schools. This roadmap is a guide to design and implement systematic actions to improve the safety and resilience of school infrastructure at risk from natural hazards.
What makes schools unsafe?