Climate Action Game Changers: Urban Transport

 

Your commute to work, the family gathering, the food on your table, and the goods you buy –dakar-2029x1353 all rely on transport and our lives are unthinkable without it. But transport also represents a growing threat to our planet. Buses, cars, planes, ships, and trucks burn fossil fuels, and this causes climate change.

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The World Bank’s Bold New Vision

“To create a world free of poverty – on a livable planet.”

This vision and mission will test the sincerity of our ambition – it sets us on a journey that will require reimagined partnerships, a new way of working and thinking, an innovative plan to scale and replicate, additional resources, and optimism for what could be possible.

In all corners of the globe, people are eager to go to work, and to create with their own hands. They want a better life for their children and grandchildren.

We must be the hand on the back – moving people forward. We must be an institution that exports optimism and impact.

2023 Annual Meetings: A New Vision for Challenging Times

ANNUAL MEETINGS HIGHLIGHTS 2023meetings-signage

  • Expanded financial capacity. Stronger partnerships. Deeper engagement with the private sector. More efficient processes.
  • The Bank has adopted new tools that could provide $157 billion in additional lending capacity over a decade.
  • The Bank is exploring loan maturities of 35 to 40 years to help countries better navigate long-term social and human capital investments.

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Annual Meetings: World Bank Events

October 9-15, 2023

GO TO: EVENT REPLAYS | FEATURED SPEAKERS

During the World Bank Group-International Monetary Fund Annual Meetings that took place from October 9-15, we brought you live events that focused on what it would take to end poverty on a livable planet. Speakers included central bankers, ministers, private sector executives, civil society representatives, youth leaders, academics, and others on issues facing our world at that time. Together, we explored the new playbook needed to respond to intertwined global challenges. We discussed solutions that worked on the ground in developing countries, strategies to boost jobs, digital infrastructure, and climate action.

You can revisit these discussions with the hashtag #WBmeetings and watch the event replay in EnglishArabicFrench and Spanish.

 

Remarks by World Bank Group President Ajay Banga
at the 2023 Annual Meetings Plenary

 

Watch the Event Replays

 

The World Bank’s Bold New Vision

“To create a world free of poverty – on a livable planet.”

This vision and mission will test the sincerity of our ambition – it sets us on a journey that will require reimagined partnerships, a new way of working and thinking, an innovative plan to scale and replicate, additional resources, and optimism for what could be possible.

In all corners of the globe, people are eager to go to work, and to create with their own hands. They want a better life for their children and grandchildren.

We must be the hand on the back – moving people forward. We must be an institution that exports optimism and impact.

The Future of Financial Inclusion

 

Financial inclusion 2.0. – creating more inclusive, resilient, and green futures

In recent years, the world has faced many unprecedented shocks and stresses that have exacerbated existing development challenges—all of which have disproportionate impacts on the most vulnerable, especially women and girls. People living in poverty constantly juggle an evolving set of risks and crises in their daily lives. However, the additional challenges posed by the COVID-19 pandemic, inflation, climate change, conflicts, and other shocks have intensified poverty and inequality. The World Bank now projects that 7% of the world’s population—more than half a billion people—will remain in extreme poverty in 2030 (Figure 1). The World Economic Forum predicts that the timeline to close the global gender gap1 has increased by a full generation (from 99.5 years to 135.6 years).

figure 1

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