From crisis to resilience: World Bank Group Spring Meetings to focus on helping countries build a green and resilient recovery

The lingering pandemic has dealt the global economy an unprecedented shock, and the recovery is likely to be slow and uneven. The current crisis is exacerbating inequalities throughout the world and, without access to vaccines, the gap will widen further.

Meanwhile, COVID-19 has made clear the need to establish a better way to handle the debt-financing needs of developing economies. And for a sustainable future, solutions are most urgently needed in developing countries, where the investment gap is deepest, and people are most disproportionately impacted by the climate crisis. So, what will it take to shape a resilient recovery that works for people and the planet?

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Spring Meetings 2021: Featured Speakers at the World Bank Group Events

 

The 2021 World Bank Group/IMF Spring Meetings bring together the world’s top policymakers, academics, civil society leaders, business and youth to discuss issues of global concern.

This year’s Spring Meetings events will be held in a virtual format on April 5-11. All events and programs will stream daily on live.worldbank.org. Replays of sessions will also be available the day they air. Here’s everything you need to learn how to follow our activities.

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Fighting climate change in the world’s poorest countries

In 2020, swarms of desert locusts descended on northern Kenya in the country’s worst locust 17infestation in 70 years. They ate crops and threatened the food security of 3 million people. Locusts brought similar devastation to some of the poorest countries in Africa, the Middle East, and South Asia, as governments and communities braced for the COVID-19 pandemic.

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Building back from COVID-19 – Creating economic opportunities for the poorest

It is increasingly apparent that the costs of COVID-19 will be borne disproportionately by poorer segments of society, especially in lower income countries. Women, children and displaced 20150625-zambia-hoel-5197populations have been hardest hit. This crisis – more so than other crises before  – requires scalable solutions for the world’s poorest. For many countries, this presents unchartered territory.

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World Development Report 2021: Data for Better Lives

Data are everywhere. But what is the data revolution doing for the 700 million people who live indexin extreme poverty? When data are turned into valuable information, they have the potential to improve lives, transform economies, and help end poverty. Now more than ever, the world is facing new demands for data as our principal weapon in the war against COVID-19. The latest edition of the World Development Report from the World Bank provides a blueprint on how to harness the power of data for development, to ensure no one is left behind.

https://wdr2021.worldbank.org/

https://wdr2021.worldbank.org/the-report/#download

 

Tackling the COVID-19 Pandemic of Inequality to Build a Green, Inclusive, & Resilient Recovery

 

Join World Bank Group President David Malpass, ahead of the Spring Meetings, at the LondonScreenshot_2021-03-25 Tackling the COVID-19 Pandemic of Inequality to Build a Green, Inclusive, Resilient Recovery School of Economics as he discusses what is needed to build a green, inclusive, and resilient recovery from the pandemic. The crisis has worsened inequality and disproportionately impacted the poorest and most vulnerable, particularly women and children.  

In his conversation with Minouche Shafik, Director of the London School of Economics and Political Science, President Malpass will share his thoughts on accelerating a recovery that tackles growing inequalities and improves livelihoods.

Join us for the live conversation on March 29.
Be sure to sign up for an email reminder!

See the list of Speakers

 
 

 

Assessing Country Readiness for COVID-19 Vaccines – First Insights from the Assessment Rollout

The global COVID-19 vaccination campaign will be the largest in history. The delivery of

Kuala Lumpur, Malaysia. 03rd Mar, 2021. A healthcare worker holds a vial of the Pfizer-BioNTech Covid-19 vaccine during the first phase of the country nationwide vaccination drive at the Hospital UiTM in Sungai Buloh, outskirts of Kuala Lumpur. Credit: SO

COVID-19 vaccines presents challenges unprecedented in scale, speed and specificities, especially in low- and middleincome countries. In November 2020, anticipating the availability of safe and effective vaccines for COVID-19, the World  Bank together with WHO, UNICEF, the Global Fund, and Gavi rolled out readiness assessments in more than 100 low and middle-income countries.

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One Year Into The COVID-19 Pandemic, Six Stories That Inspire Hope

March 11 marks one year since COVID-19 was officially declared a pandemic. While the past year has been tremendously challenging, there have been remarkable stories of human resilience, ingenuity, and creativity. On this grim anniversary, we wanted to bring you stories from around the world that inspire. The following six stories are not billion-dollar projects, but the tales of everyday entrepreneurship and innovation happening on a small scale with a big impact. The World Bank Group is continuing to support the poorest countries as they look to a build a sustainable, resilient, and inclusive recovery.

1. Lao PDR: Unlocking the Full Potential of Small- and Medium-Sized Enterprise

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Vorachith Keoxayavong

Unlocking Private Investment in Climate Adaptation and Resilience

STORY HIGHLIGHTS

  • A new joint report by the World Bank and IFC offers a blueprint for action for climate-adaptation-and-private-sector-report-covergovernments to catalyze private investment in climate adaptation and resilience.
  • The blueprint for action lays out a systematic approach to incentivize adaptation financing from the private sector and meet countries’ fast-growing financing needs to achieve climate resilience.
  • The approach will be tested in several pilot countries as part of the World Bank Group’s support towards enabling private investment in adaptation.

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Building back better from the crisis: What will it take for the poorest countries?

It is a catchy acronym. An alliterative call to action. It rolls off the tongues of world leaders like 49834557482_5cac8f2747_k_0UK Prime Minister Boris Johnson and US President Joe Biden. Building Back Better—or BBB—is the seeming light at the end of the COVID-19 tunnel. But what does BBB really mean in the world’s poorest countries? And how can these countries—which are supported by the World Bank’s International Development Association (IDA)—secure the resources they need to make it happen?

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