The World Bank Group is developing its first strategy for Fragility, Conflict and Violence (FCV). The overarching objective of the strategy is to address the drivers of FCV in affected countries and their impact on vulnerable populations, with the ultimate goal of contributing to peace and prosperity. The final strategy will seek to guide and systematize the World Bank Group’s work in FCV contexts over the next five years.
- When: March 2-4, 2020
- Where: 1818 H St. NW, 20433 Washington, D.C.
- Contact: email@example.com
- Call for proposals: Open until November 22
- Registration for participants: Opens on November 1, 2019
The Fragility Forum is a high-level event organized by the World Bank Group which brings together practitioners and policymakers from around the world to exchange knowledge and experience on engaging in environments affected by fragility, conflict and violence (FCV). Over three days, the Forum aims to provide an opportunity to harness the collective brain trust of stakeholders coming from government, international institutions, donor agencies, private sector, civil society, academia and media to improve the efficiency and effectiveness of development approaches to achieve lasting impact. The Forum has been held three times previously, in February 2015, March 2016 and March 2018. The Fragility Forum 2020 will focus on implementation: the concrete approaches that are needed to maximize our collective impact and more effectively respond to dynamic, multidimensional, and global challenges affecting countries around the world.
Fragility, conflict and violence (FCV) threaten to derail significant progress that has been made in improving living standards and reducing poverty over the past decades. While extreme poverty is going down around the globe, it is increasing in countries impacted by fragility and conflict. The World Bank estimates that by 2030, almost half of the world’s poor will live in countries facing FCV challenges.
Inclusive and sustainable economic growth can also help heal grievances stemming from economic exclusion. These countries likely already face high levels of public sector debt, so private sector investment can bring an infusion of capital without increasing the debt burden. But these volatile environments struggle greatly to attract and sustain the long-term private sector investment that is needed to help them break the “fragility trap.”
April marked the official launch of global consultations to inform the World Bank Group’s first-ever Strategy for Fragility, Conflict and Violence (FCV). , building on the comparative advantage of the Bank Group in fragile settings. As we embark on this process, the most relevant question for us is how to build on progress made and optimize our interventions to be our most effective on the ground, with special focus on making a lasting difference for the most vulnerable populations. Furthermore, in FCV settings, we know that no single organization can act alone – as the World Bank Group, this strategy is about positioning our analytical, operational, and convening power to contribute to broader international efforts in support of peace and prosperity.
The Fragility Forum was held in Washington D.C. from March 5 to 7. More than 1,000 people from over 90 different countries attended. At one of the events, ‘Real Governance in FCV settings: Engaging State and Non-State Actors in Development’ practitioners and policy-makers discussed which actors to work with in complex FCV situations, and what the choice of actors would mean from a human rights and social accountability perspective.