Guayaquil, Ecuador’s largest city and economic hub, has long grappled with a pressing
environmental and public health challenge: inadequate wastewater treatment. With a population of over 2.7 million people, this bustling metropolis has historically struggled to manage its wastewater effectively, mirroring a widespread issue across Latin America.
Tag Archives: Governing
Education for Climate Action
World Bank Group Launches High Level Council to Tackle Looming Jobs Crisis
Council to be co-chaired by the President of the Republic of Singapore Tharman Shanmugaratnam and former President of the Republic of Chile Michelle Bachelet
WASHINGTON, Aug. 12, 2024—The World Bank Group today announced the launch of the High-Level Advisory Council on Jobs, a new initiative that will identify actionable policies and programs to address the looming jobs crisis in the Global South.
Ingredients for Accelerating Universal Electricity Access: Lessons from Rwanda’s Inspirational Approach
In just 15 years, Rwanda has increased its electricity access to 75% from 6% in 2009. This took government ownership, leadership, and commitment, partnership with the private sector, funding from development partners, and dedicated structure and institutional strengthening.
The goal of lighting up every household is not a dream, but an achievable reality. In a remarkable 15-year journey, Rwanda increased access to electricity to households from 6% in 2009 to 75% as of March 2024. The country has connected 100% of health centers and administrative facilities at the sector level and 84% of schools and most productive users (micro, small, and medium-sized enterprises). This electrification expansion was one of the fastest in the world between 2010 and 2020, ranking 11th globally and 3rd in Africa.
Government ownership, leadership, and commitment to universal electrification. Since 2008, the Government of Rwanda (GoR) has been intentional in engraining electrification targets in its development strategies. The Economic Development and Poverty Reduction Strategy 1 (EDPRS1 2008-2012) set out targets for electricity connections from 70,000 to 200,000 households, and for institutions providing social and administrative services from 50% to 80%. Likewise, both the EDPRS2 (2013-2018), and the National Strategy for Transformation 1 (2017-2024) set a universal electrification target by 2024.
Continue readingNavigating troubled waters: The Red Sea shipping crisis and its global repercussions
March 2024 global poverty update from the World Bank: first estimates of global poverty until 2022 from survey data
Global poverty estimates were updated today on the Poverty and Inequality Platform (PIP). As
explained in more detail in the What’s New document, more than 100 new surveys were added to the PIP database, bringing the total number of surveys to more than 2,300. With more recent survey data, this March 2024 PIP update is the first to report a global poverty number for 2020-2022, the period of the COVID-19 pandemic. We estimate that COVID-19 increased extreme poverty in the world, as measured by the international poverty line of $2.15, from 8.9 percent in 2019 to 9.7 percent in 2020 (see Figure 1). This is the first increase in global poverty in decades. It is in line with earlier estimates of the COVID-19 impact which used limited survey data and GDP growth projections.
Educating for the present and the future: using Artificial Intelligence (AI) to address the learning crisis
Can Artificial Intelligence (IA) help address massive education gaps? The answer is a cautious
and optimistic yes. 1.8 billion students in the world should receive a good education. However, half of them do not achieve basic reading and numeracy skills needed for life.
Empowering Africa’s Youth: Bridging the Digital Skills Gap
Digitalization is one of the most transformative opportunities of our time and a potent tool to
eradicate poverty on a livable planet. Right before our eyes, digital technologies are constantly evolving, changing societies and our everyday lives. The rapid speed of new technologies, such as Artificial Intelligence (AI) and Machine Learning (ML) is also changing digital capabilities for many countries, although not all.
Getting back on track to meet the first Sustainable Development Goal
Breakthrough pension reform in Saudi Arabia – A model for the MENA region
Saudi Arabia took a big leap forward in transforming its pension system with the recent
announcement of comprehensive reforms, designed with support from the World Bank, aimed at enhancing income protection during old-age, but also promoting gender equality. Aging populations, caused by increasing life expectancy and falling fertility rates, combined with the changing nature of work and the erosion of informal and traditional family support systems, have created considerable challenges for pension systems worldwide. Many are facing fiscal sustainability pressures and adequacy concerns, including in the Middle East and North Africa (MENA) region. Pension reform is always difficult due to the political economy challenges, which is why this comprehensive pension reform in Saudi Arabia is such a breakthrough. It truly sets a new benchmark for the MENA region, addressing critical issues such as retirement age, maternity leave, and social insurance coverage.

shipping crisis of unprecedented scale. The
(SDGs), 17 targets for the global community to achieve by 2030 to ensure peace and prosperity for current and future generations. The first of these goals, SDG 1, calls for an end to poverty in all its forms everywhere.
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