The ongoing digitization of financial services and money creates opportunities to build more inclusive and efficient financial services and promote economic development. This digital transformation presents a paradigm shift that has various policy implications, including:
Land is scarce in many parts of our fast-urbanizing world. Few communities have the chance to create something brand-new on a significant piece of land—and even fewer can develop that land in a way that confronts climate change, generates jobs, and attracts investment.
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.
Deadline: 03-Aug-2020 at 11:59:59 PM (Eastern Time – Washington D.C.)
IFC DigiLab Finance is an accelerator program for digital transformation of financial institution and was launched in March 2018 in Latin America. To date, 11 organizations have participated across 3 cohorts, these institutions are now part of the DigiLab alumni network. As part of one of the DigiLab Alumni benefits, institutions can access to one-on-one advisory projects where IFC will support them on the implementation of their digital transformation roadmaps.
IFC may select up to three vendors for signing a framework agreement to support us to deliver, in Latin America and East and Central Asia, both workstreams: i) IFC DigiLab Finance knowledge management (KM) program and ii) one-on-one (OO) advisory projects for an accurate implementation of the DigiLab programs outputs (digital strategy and roadmaps).
- Climate finance, along with falling renewable energy prices, is enabling developing countries to expand and diversify their energy supply.
- A new report identifies eight ways policymakers can drive clean, resilient growth, including through innovation and climate intelligence products.
- An effort to create a new market for rooftop solar in India has mobilized $4.4 billion in commercial financing.
This blog is part of a series on Universal Health Coverage (UHC). The series includes contributions from external bloggers and reflects their view. Follow the conversation on Twitter #HealthForAll
The G-20’s recent call for finance and health ministries to collaborate in pushing toward Universal Health Coverage (UHC) is both overdue and welcome. Without such collaboration, the necessary decisions cannot be made for raising substantial resources and spending them effectively. But it is also a collaboration that holds promise for preventing much of the disease and death that is looming on the horizon, especially in today’s middle- and low-income countries. Everyone wins when countries can generate more health for the money —an effort that demands joint action by the people who raise funds and those who spend it. Countries also get a win-win from raising taxes on harmful products like tobacco, alcohol, and sugary beverages by preventing unnecessary disease and by raising revenues.
Blog by Alfonso Garcia Mora, World Bank Group
I had just arrived to Bali at a late hour in the evening to join the 2018 World Bank-IMF annual meetings when our group, visitors from more than 189 countries along with Indonesians on the island and neighboring communities were acutely woken up at dawn with magnitude 6.4 quake that struck off the coast. Early reports by the National Disaster Mitigation Agency indicated extensive damage to infrastructure and loss of lives in the span of a few minutes. The Indonesian response that followed revealed the difference disaster risk finance can bring to families, economies and societies at large. I was humbled by what I experienced and what we can contribute -as an institution together with our partners- to manage these acute disasters more prudently, effectively and humanely.
Deadline: 21-Jan-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)
The World Bank will employ the services of a specialized firm to conduct a diagnostic which shall help inform the design of interventions to support women-led SMEs (WSMEs) in Nigeria in accessing finance and markets. Specifically, this assignment includes:
i) Mapping: Gather evidence on target beneficiaries (women entrepreneurs with high growth potential) to develop a diagnostic tool and provide the basis for design of tailored capacity building. This will include a creation of a taxonomy for various types of WSMEs, a targeted database of WSMEs and data collection (targeted survey, focus groups, etc.) to help understand WSMEs’ capacity building needs;
ii) Ecosystem Diagnostic: The ecosystem diagnostic will identify and understand the perspective of the various stakeholders affecting the ability of women entrepreneurs to start and grow a business (investors, customer base, competitors, business associations, business development service providers, government agencies, etc.). Focus groups and interviews will help understand the gap, market and institutional, between what is available and what is required for WSMEs to access finance and take advantage of market opportunities;
iii) Market assessment: Mapping of bank and non-bank providers, products, and regulatory barriers, including for Fintech adoption, to inform design of FinTech solutions/movable asset-based lending, and/or savings products tailored to WSMEs’ needs.
Achieving sustainable development depends on incremental investments in six priority transformations: building human capacities (health, education, new job skills); decarbonising energy; promoting sustainable agriculture and biodiversity; building smarter cities; implementing the circular economy; and harnessing the digital revolution. As such, sustainable development and the 17 Sustainable Development Goals (SDGs) in particular pose a financing challenge. There are three distinct financing conundrums to solve: financing complex infrastructure, financing public services and amenities, and shifting investments from unsustainable to sustainable technologies. I discuss these in turn.
Deadline: 23-Oct-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)
The World Bank is supporting the Government of Indonesia to address critical urban flood risk management and investment needs in Indonesia. This technical assignment will assist with the development of a conceptual framework design for a national urban flood risk reduction investment program, which could comprise risk reduction investments, technical capacity building, knowledge sharing, and innovation generation. The key output will be a conceptual framework and sustainable implementation model for the proposed program that addresses the identified needs through proposed financial and organizational arrangements; makes recommendations for any needed regulatory/institutional/financial arrangements; and propose an overall action plan and timeline to put the program into effect. The team will be expected to provide technical advice on public financial management, municipal finance, disaster risk management, flood risk management, and urban development.