As Prepared for Delivery
Thank you for the kind introduction.
For me, this moment marks the culmination of a journey that began over a year ago—when I first started at the World Bank and promised to visit every region where we operate.
Tag Archives: Governing
Climate Finance Fiscal Year 2024 Snapshot
WASHINGTON, September 19, 2024 — The World Bank Group delivered a record $42.6 billion in climate finance in fiscal year 2024—which covers July 1, 2023 to June 30, 2024—supporting efforts to end poverty on a livable planet, investing in cleaner energy, more resilient communities, and stronger economies. This is a 10% increase in climate finance compared to the previous year.
Pacific Island Leaders Call for Bold Action to Replenish IDA (worldbank.org)
SUVA, September 10, 2024 –Leaders from across Pacific Island countries have called for a robust 21st replenishment of the World Bank’s International Development Association (IDA21), echoing the call from African Heads of State who agreed in April on a bold transformation agenda with IDA as a cornerstone. Hosted by the Pacific Islands Forum Secretariat, leaders and representatives from 11 countries met with World Bank Group President Ajay Banga last week and reaffirmed IDA’s critical role in supporting Pacific islands as they work to boost development and climate resilience.
World Bank Live: The Biggest Ideas in Development Streaming Live
Finding a path to peace, stability, and development in Haiti
Less than an hour after landing in Port-au-Prince, Haiti, on Wednesday last week we were 
already at the National Emergency Operation Center of the Direction Générale de la Protection Civile discussing how the International Development Association (IDA) can help strengthen the country’s disaster risk management capacity. Remarkably, the center was launched in May 2024 despite the ongoing security and political crisis at the time, demonstrating the resilience of the IDA program implementation in Haiti. We witnessed similar results in other programs and during the field visit to the Southern Peninsula, where IDA projects are having a visible impact on the lives of the Haitian residents of that area.
A new World Bank database to support a new era in biodiversity conservation
Biodiversity conservation is vital for sustainable development, poverty alleviation, 
and a livable planet. It sustains ecosystems that support human livelihoods, particularly in developing nations, by providing essential resources like food, clean water, and climate stability. Healthy ecosystems are crucial for agriculture, fishing, and forestry, which reduce poverty and foster sustainable economic growth. Additionally, biodiversity fuels industries such as ecotourism and pharmaceuticals, generating jobs and income. Maintaining biodiversity strengthens ecosystem resilience, stabilizes climate, and mitigates climate change impacts, making it key to environmental health and global sustainability.
What middle-income countries can learn from America’s innovation system
The American model of innovation has long been the envy of the world. From the garage 
tinkerers of Silicon Valley to the research labs of prestigious universities, the United States has consistently churned out groundbreaking technologies that have reshaped industries and transformed lives. Today, the United States leads the world in the number of patents produced per person—as well as the importance of these patents.
Financial Sector at a Crossroads in Emerging Markets: Climate Risks and Financing Gaps Demand Action
More than 400 Million Students Affected by Climate-Related School Closures since 2022
For less than $20 per student schools can adapt and minimize learning losses
WASHINGTON, Sept. 4, 2024 – A staggering 400 million students globally experienced school closures from extreme weather since 2022, according to a new World Bank report released today. The report examines the detrimental impacts of climate change on education in low- and middle-income countries and offers solutions to harness education to spur climate action. It also estimates that a one-time investment of $18.51 per child can mitigate the impact from climate shocks.
Why land is key to tackling climate change and infrastructure gaps
significant gaps remain around the world.Globally, a billion people live more than two kilometers from an all-weather road, 685 million people are without electricity, and nearly 3 billion people lack internet access. In addition, 2.6 billion people don’t have access to safe drinking water and 3.5 billion people lack safely managed sanitation.
Netherlands for the World Bank 
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