Conflict, COVID and climate change have combined to create unprecedented challenges for developing countries. At these Spring Meetings – taking place in the shadow of war in Ukraine – the World Bank Group will convene leaders, experts and activists to discuss the impact of these global shocks on the most vulnerable communities.
Tag Archives: COVID
Solidarity with the poorest countries: A renewed commitment to recovery
This support will be delivered through the World Bank’s International Development Association (IDA) over the next three years, starting in July.
Climate change and poverty: the perfect storm
We often hear that climate change disproportionately impacts the poor and the scenarios are worrisome. For example,
Beneath this alarming headline, we know that climate-related losses will fluctuate across time and geographies. Impacts on people will be as varied and specific as household income sources and consumption patterns.
How the World Bank Delivered COVID Vaccines in East Asia and the Pacific
STORY HIGHLIGHTS
- The World Bank has provided US$1.44 billion to support the purchase and distribution of COVID-19 vaccines, tests, and treatments in the East Asia and the Pacific (EAP) region, especially for the poor and vulnerable.
- Strong partnerships and flexible financing approaches have helped countries ramp up their vaccination programs while investing in health, education, and social protection to ensure a more resilient future.
- Based on the current pace of vaccination and availability of vaccines to EAP countries, most will achieve at least 70% coverage by mid-2022.
We are losing a generation: The devastating impacts of COVID-19
But unless they get all children and young people back to school, keep them in class, and recover the central elements of learning, this generation could lose twice or three times that amount in earning losses.
The first impact was the millions of lives lost due to the disease caused by the COVID 19 virus. The second was the human suffering caused by job instability and poverty. The third is on children and youth who should have been in school but were told to stay at home.
IDA: Stepping Up
Taking the pulse of business: COVID recovery and policy implications
– threatened by new variants, outbreaks, and case spikes. It’s also a recovery that is uneven and unequal. Many low- and middle-income countries continue to face high levels of transmission as well as bottlenecks to vaccination, which contribute to business activity remaining below pre-pandemic levels.
Harnessing transformative technologies to arrest the unfolding human capital crisis
On a global scale, the COVID-19 pandemic has dealt the greatest blow to families and children in living memory. Progress in human capital – the knowledge, skills, and health that people need to achieve their potential – is being reversed.
Fixing food finance to heal the planet
The performance of the global food system over the last century has been extraordinary. , while at the same time bringing down real food prices. Over that period, all four dimensions of food security improved – availability, access, reliability and nutrient adequacy.
Changing the Narrative – Trade is Part of the Solution to Climate Change
Climate discussions often focus on trade as a contributor to global warming. But with the right

Kitabi Tea Processing Facility in Kitabi, Rwanda
policies to encourage cleaner production and trade in climate-friendly goods and services, it can be part of the solution. Join us for a discussion on expanding this positive role in facilitating climate change mitigation and adaptation. Panelists will discuss how policymakers from low- and middle-income countries can help shape trade to address climate change policy, including potential areas for collaboration and partnerships, as well as ideas for capacity-building and technical assistance.
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