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

‘We have to help countries improve their readiness for future pandemics.’
 

World Bank Group President David Malpass called on the world to move urgently toward opportunities and solutions that achieve a green, resilient, and inclusive recovery from the COVID-19 pandemic in a speech today that advances the World Bank-IMF Spring Meetings.

“Our collective responses to poverty, climate change, and inequality will be the defining choices of our age.”

Mr. Malpass delivered the speech virtually at the London School of Economics; it was followed by a discussion with students, moderated by Baroness Minouche Shafik, Director of the London School of Economics.

 
 
 

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

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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Economic inclusion programs: A springboard out of extreme poverty

 

As the world grapples with the pandemic, the new State of Economic Inclusion peileaderreport points to paths out of poverty for the poorest and most vulnerable.

For the first time in two decades, extreme poverty is rising around the world, as COVID-19 threatens to erode years of hard-won progress.   The World Bank estimates that the economic fallout from the pandemic may add as many as 150 million extreme poor by 2021. Women, children, displaced populations, and people with disabilities have been particularly hard hit.

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