Impact investing with the World Bank. How to make a difference – the case of IDA

For over 70 years, the World Bank Group has successfully raised funds in the capital ida_blog.jpgmarkets to invest in development projects. Through its arm for middle-income countries, the International Bank for Reconstruction and Development (IBRD), the World Bank Group funded public sector projects like roads, green energy, health or education systems; and through the International Finance Corporation (IFC), it provided capital to the private sector in developing countries to help businesses grow and provide jobs, taxes and other wider societal benefits.

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The real costs of illegal logging, fishing and wildlife trade: $1 trillion–$2 trillion per year

Illegal logging, fishing and wildlife trade rob the world of precious natural resources – original_ww174946and ultimately of development benefits and livelihoods.  The statistics are grim: an elephant is poached for its tusks about every 30 minutes, an African rhino for its horn every 8 hours, one in five fish is caught illegally, and in certain countries, particularly in Africa and South America, 50% to 90% of timber is harvested and traded illegally.  As much as 35% of the value of all illegal trade is estimated to come from rosewood.

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eC2: Sector Impact Assessment of Subnational Infrastructure Investments in Indonesia

Deadline: 13-Nov-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)index

Consultant firm to provide support to the World Bank team in conducting the detailed regional impact analysis for several projects financed through RIDF and/or municipal bonds. The consultant firm will also prepare a guidance note on the analysis and conduct series of trainings to the relevant stakeholders.

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eC2: Baseline Study and Analytics on Systems Readiness and Stakeholder Capacity for an End-to-End Multi-Hazard Early Warning System Platform.

Deadline: 18-Nov-2019 at 11:59:59 PM (Eastern Time – Washington D.C.) vn-communitybased-disasterrisk-780x439

The goal of this study is to provide advisory services and technical inputs to inform the detailed design of a multi-hazard early warning system platform in Indonesia. This will be achieved through a baseline survey and analysis on multi-hazard monitoring and early warning systems, preparedness and emergency management capabilities at the national and sub-national level (in at least 8 districts), and early warning information needs and multi-stakeholder needs for early actions. The Consultant will also facilitate national-level verification consultations (including a workshop) and capacity building activities for government officials from the select districts and at the central level.

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IDA is a vital development partner now more than ever

It is undeniable that progress has been made in reducing extreme poverty over the last ht-jessica-education780pxquarter century—from 36 percent of the world population in 1990 to an estimated 8.6 percent in 2018—and that living standards for hundreds of millions of people have improved over that time.

Yet, poverty reduction has not been consistent across countries and today it is slowing. For the world’s poorest countries, extreme poverty remains stubbornly high with 31 percent of their people living on less than $1.90 a day. 

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eC2: Strengthening Resilience in Road Transport Infrastructure in Indonesia

Deadline: 18-Nov-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)

A man stands next to a bridge on the East Cape Road. The East Ca

The main objective of this activity, financed by the mentioned grant, is guiding the Directorate General of Highways (DGH) towards achieving long-term climate-resilient road and bridge infrastructure in Indonesia. The key actions that will help to achieve this goal are to: (i) review selected road and bridge existing manuals and guidelines on, among others, disaster risk management and slope protection, stabilization, and erosion; (ii) advice and provide technical inputs to enhance such documents; (iii) develop a set of communication materials to raise awareness of good practice; and (iv) provide technical assistance to DGH to increase their capacity.

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Commodity Prices Revised Down as Global Growth Weakens and Supplies Remain Ample

Energy and metal prices seen falling in 2019, 2020 on slowing demandCMO-cover-October-2019-780x439

WASHINGTON, October 29, 2019 – Energy and metal commodity prices are expected to continue to fall in 2020 following sharp declines in 2019 on a weaker outlook for global growth and consequent softer demand, the World Bank said in its October Commodity Markets Outlook.

“Slowing demand for commodities presents a challenge for exporters and an opportunity for importers,” said Ceyla Pazarbasioglu, World Bank Group Vice President for Equitable Growth, Finance & Institutions. “As both of them switch from using one commodity to another due to price fluctuation and technological advance, it will be important that these resources be produced and consumed in an environmentally sustainable way.”

Download the October Commodity Markets Outlook

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eC2: Enabling Private Sector Participation in Electricity Distribution

Deadline: 14-Nov-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)

U.S. Electricity Output Rose 6.2% From A Year Earlier

Policy makers acknowledge the role of private sector in distribution but would want to understand business models that may be suitable considering the local context of states in India. Till date only two cases of private sector participation in the Indian electricity distribution (under Licensee mode) have been tried in the states of Delhi and Odisha with mixed results. Beyond these two examples, other models of private sector participation (PSP) such as distribution franchises are also prevalent in the country and have met with mixed results. Further, Govt. of India in the past had also drafted an amendment bill to Electricity Act for introducing carriage and content separation, which may be another approach to encourage competition in the electricity distribution sector.

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World health summit to showcase collaboration for better health

A month after world leaders met at the UN General Assembly to recommit to financing whs2 (1)for universal health coverage,  the global health community gathers in Berlin for the World Health Summit. Under the patronage of German Chancellor Angela Merkel, French President Emmanuel Macron and European Commission President Jean-Claude Juncker, this year’s summit will focus on universal health coverage and human capital in Africa, the role of the G7 and G20 in global health and how the Global Action Plan can be implemented.

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