SM15 Preview: Tax Evasion and Development Finance

Date: Friday, April 17, 2015
Time: 9:00 a.m. – 10:30 a.m. | 13:00 – 14:30 GMT or convert time)
Location: International Finance Corporation Headquarters, F Auditorium & Online  Follow the event with #TaxEvasion

As law enforcement agencies continue to crack-down on international tax evaders to promote transparency in the global financial system, a lot more needs to be done to ensure that financing for development efforts are not impacted.

Continue reading

Spring Meetings 2015 – a preview

The 2015 Spring Meetings (SM15) of the IMF and World Bank Annual meetingsGroup are upon us. This year, the meetings will take place from April 17-19. Although many events and (bilateral) meetings are behind closed doors, some are open to the public and/or will be broadcasted online.

Over the next few days we will be putting the spotlight on a number of events that could be of interest to your organization – either because they discuss the environment you operate in, the direction of the World Bank in the coming years, or because they discuss specific projects and investments. So make sure you check in regularly to see how the Spring Meetings affect your business!

World Bank President Outlines Strategy to End Poverty, Welcomes New Development Partners

Article was published on April 7th, 2015 on the World Bank website.

To view the webcast of the speech which is referenced by the article given by Dr. Jim Kim please click here

WASHINGTON, April 7, 2015World Bank Group

President Jijyk-curtain-sm2015-large_0m Yong Kim today announced a broad strategy to end extreme poverty by 2030, and he welcomed emerging players such as the Asian Infrastructure Investment Bank and the New Development Bank, established by the BRICS countries, as potentially strong allies in the economic development of poor countries and emerging markets.

Continue reading

Now is the time to strengthen disaster risk reduction in East Asia and the Pacific : Blog by Axel van Trotsenburg

Blog by Axel van Trotsenburg , Vice President, East Asia and Pacific Region World Bank. This blog was published on March 13th, 2015 on the World Bank website.

Every time I learn of another natural disaster – the people killed and injured, homes Axeldestroyed, livelihoods lost – I know we must act to reduce the tragic impact instead of waiting for the next disaster strikes.

We have that chance with this year’s World Conference on Disaster Risk Reduction in Sendai, which seeks to finalize the successor to the Hyogo Framework for Action (HFA2) that guides policymakers and international stakeholders in managing disaster risk. The conference is an opportunity to set new milestones in disaster risk reduction and fighting poverty.

Continue reading

WB keeping track of its targets

Since President Kim took the reigns at the World Bank in 2014, the organization has set itself very clear goals. The main goal of the World Bank is to rid the world of poverty, and to boost shared prosperity. Now they have found a transparent way to communicate the progress. The tool that has been developed is the Presidents Delivery Unit, or ‘PDU’. “The PDU is dedicated to helping the World Bank Group institutions define, monitor, and communicate progress on corporate priorities.”

See the tool here.

Want to know how the tool works? Click here.

 

 

Index-Insurance: Protecting Women Farmers Against Weather Risk

World Bank press release 10/03/2015

World Bank: Protecting Women Farmers Against Weather Risk

Insuring crops against unforeseen weather events is a standard practice among farmers in rich countries. But traditional agriculture insurance and disaster insurance are either unavailable or very expensive in many developing countries, leaving small farmers particularly vulnerable to vagaries of nature.
Without insurance, a severe drought, a devastating earthquake or another extreme weather disaster can wipe out small farmers. Such uncertainties make them more risk averse and less likely to invest in inputs to grow and expand their farms.

Continue reading

World Bank Report on Aging

World Bank press release 10/03/2015

World Bank: Central Europe and the Baltics Need to Prioritize Active, Healthy, and Productive Aging

Read full article: here

This Report is part of the ongoing analytical work program at the World Bank on the topic of population aging. Within the EU, the World Bank is partnering with governments on aging-related policy research projects in Bulgaria, Hungary, Poland, Romania, and Latvia. Outside the EU, the World Bank is engaged actively in work on this issue in Europe and Central Asia, Latin America, and East Asia.

For an online copy of the report, please visit:

www.worldbank.org/content/dam/Worldbank/Publications/ECA/aging europe.pdf

 

Dutch minister Schultz chair World Bank Advisory Board of Global Water Practice

Published on February 11, 2015 on the Dutch Water Sector website: http://www.dutchwatersector.com/news-events/news/13126-dutch-minister-schultz-chair-world-bank-advisory-board-of-global-water-practice.html.

dws-ienm-schultz-gwp-room-for-the-river-680px

Dutch minister Melanie Schultz van Haegen of Infrastructure and Environment has been appointed Chairman of the Advisory Board of the Global water practice of the World Bank. The council advises the World Bank on the global approach of water problems from a content and political perspective. Schultz announced her appointment in a lecture for the Red Cross on 11 February, in The Hague.

Continue reading

World Bank course – Agriculture Innovation Systems

New Agriculture Innovation Systems course available: http://bit.ly/1BPCXh4.

Meeting rising global demand for food and responding to changes such as climate change, globalization, and urbanization will thus require good policy, sustained investments, and innovation – not business as usual. Agricultural innovation enables the agriculture sector, farmers and rural entrepreneurs to adapt rapidly when challenges occur and to respond readily when new opportunities arise – for example in the fields of technology and markets.

Continue reading

Households Begin Returning To Work in Liberia as Ebola Crisis Wanes

Press release published on the World Bank website.

WASHINGTON, February 24, 2015— Nearly 20 percent of the Liberians who had stopped working since the Ebola crisis have returned to work in the last month, according to the World Bank Group’s most recent round of cell-phone surveys, signaling both important progress and the magnitude of the challenge ahead.

This improvement, an encouraging sign of a shift toward economic normalization, was mainly driven by a large increase in wage work in urban areas. A substantial percentage of those working pre-crisis remain out of work, however; those in self-employment continue to be the hardest hit by the Ebola crisis, pointing to a lack of working capital and a lack of customers as the main barriers to their operation.

Continue reading