Tag Archives: IDA

World Bank Mobilizes US$200 Million to Combat Cholera in Yemen

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WASHINGTON, August 25, 2017 – The World Bank announced today an emergency

water_quality_mason_jar

US$200 million grant to support Yemen as it struggles to contain one of the world’s largest cholera outbreaks. This will strengthen the country’s health, water and sanitation systems, addressing the source of the epidemic and improving systems to prevent future outbreaks.
The integrated support package financed by the new grant will include the training of 7,500 health workers, strengthening the local capacity to treat and manage cholera cases, provision of bulk chlorination of water supplies, rehabilitation of critical wastewater treatment plants, supporting mass communication and social mobilization campaigns, and supporting one the largest ever cholera vaccine campaigns aiming to reach millions of Yemenis. Continue reading →

eC2: Decision Tree Initiative – Multidimensional Risk Management of Flood Protection Infrastructure & Irrigated Cropland Expansion

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Deadline: 20-Jul-2017 at 11:59:59 PM (Eastern Time – Washington D.C.) water

The Government of Kenya (GoK) is partnering with the International Development Association (IDA) of the World Bank to develop and implement the Kenya Water Security and Climate Resilience Program (KWSCRP). The detailed design for the LN irrigation scheme and flood dikes, will be completed for review by May 7, 2017, and construction contracts award expected in October -November 2017. The client is very interested in the climate change risk assessment and management for the flood protection infrastructure and irrigated cropland expansion as well as the resilience level of the integrated flood risk management system. The overall objective of the consultancy is to quantitatively assess the climate change risk vis-à-vis other risks unrelated to such change, followed by guidelines for a phased adaptation leading to increased resilience of the integrated Nzoia River Flood Program and irrigated expansion using the Decision Tree Framework.

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Time is Money: Transforming Dar es Salaam’s Road Transport to Reduce Dense Traffic

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STORY HIGHLIGHTSTransport

  • World Bank Group President Jim Yong Kim and Tanzanian President John Magufuli unveiled the foundation stone for the Ubongo Interchange, which will ease transportation bottlenecks and help businesses.
  • The interchange is supported by a $225 million concessional credit from the International Development Association (IDA), in addition to an IDA Scale-up Facility Credit of $200 million.
  • Under the first phase of the Bus Rapid Transit system, roundtrip travel time on the corridor was reduced by 90 minutes a day, saving commuters 16 days of sitting in traffic.

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World Bank Group Announces Record $57 Billion for Sub-Saharan Africa

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Funds will scale up investments and de-risk private sector participation for accelerated growth and development

BADEN BADEN, Germany, March 19, 2017— Following a meeting with G20 finance ministers and central bank governors, World Bank Group President Jim Yong Kim today announced a record $57 billion in financing for Sub-Saharan African countries over the next three fiscal years. Kim then left on a trip to Rwanda and Tanzania to emphasize the Bank Group’s support for the entire region.

The bulk of the financing – $45 billion – will come from the International Development Association (IDA), the World Bank Group’s fund for the poorest countries. The financing for Sub-Saharan Africa also will include an estimated $8 billion in private sector investments from the International Finance Corporation (IFC), a private sector arm of the Bank Group, and $4 billion in financing from International Bank for Reconstruction and Development, its non-concessional public sector arm.

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10 Best World Bank Moments 2016

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What will you remember about 2016? At the World Bank Group, it was a remarkable year that included a record IDA replenishment and a landmark speech by Michelle Obama. Get inspired by our Top Ten moments of 2016 and work together with us to help end extreme poverty and boost shared prosperity in the new year.

Global Community Makes Record $75 Billion Commitment to End Extreme Poverty

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Targets fragility, refugees, climate change and other pressing challengesWorld Bank building

YOGYAKARTA, INDONESIA, December 15, 2016— A coalition of more than 60 donor and borrower governments agreed today to ratchet up the fight against extreme poverty with a record $75 billion commitment for the International Development Association (IDA), the World Bank’s fund for the poorest countries.

“This is a pivotal step in the movement to end extreme poverty,” World Bank Group President Jim Yong Kim said. “The commitments made by our partners, combined with IDA’s innovations to crowd in the private sector and raise funds from capital markets, will transform the development trajectory of the world’s poorest countries. We are grateful for our partners’ trust in IDA’s ability to deliver results.”

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World Bank Pledges $2 Billion to Bangladesh for Climate Smart Growth

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President Kim Says Funds Will Further Increase Resilience to Climate Changewebsite-graphic_carousel-green

DHAKA, October 18, 2016—World Bank Group President Jim Yong Kim, concluding a two-day trip to Bangladesh focused on the country’s successes in reducing extreme poverty, pledged $2 billion over the next three years in new funding to help the country become less vulnerable to climate change.

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Modernizing weather forecasts and disaster planning to save lives

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Article published on http://www.worldbank.org, August 9th, 2016.
By Lisa Finneran

Is it hot outside? Should I bring an umbrella?© Angela Gentile/World Bank

Most of us don’t think much beyond these questions when we check the weather report on a typical day. But weather information plays a much more critical role than providing intel on whether to take an umbrella or use sunscreen. It can help manage the effects of climate change, prevent economic losses and save lives when extreme weather hits.

During the second IDA18 replenishment meeting in Nay Pyi Taw, I visited the Myanmar Department of Meteorology and Hydrology’s Multi-Hazard Early Warning Center to see how funding from IDA, the World Bank’s fund for the poorest, is helping the country modernize its systems for observing and forecasting weather through the Ayeyarwady Integrated River Basin Management Project.

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Development Policies, Institutions Improve in Few African Countries

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ABIDJAN, June 28, 2016 — A new assessment of the quality of government policies and CPIA-AFRICA-COVERinstitutions that support growth and poverty reduction in Africa shows some progress for a few countries but flat or deteriorating scores for the majority, according to a new World Bank Review.

The latest Country Policy and Institutional Assessment (CPIA) for Africa describes the progress made in low-income African countries to strengthen their policies and institutions that help to spur better development outcomes.

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