Meet the World Bank- Sophie Peeters

Photo_S.PeetersWhat is your role within the World Bank?

In 2016, I moved from the Netherlands to work as a consultant with the Information & Technology Solutions (ITS) Department, which delivers transformative information technologies to World Bank Group staff. I am a core team member of the newly launched Technology & Innovation Lab that experiments with innovative technologies that have the potential to improve the World Bank Group’s internal operations and operational work in client countries. We are developing use cases and proof of concepts for the use of blockchain technology and artificial intelligence (AI) in areas like health, cross-border payments, agriculture, and land administration, among others. I support the Innovation Leads by meeting with clients and performing business analysis for each use case, but I also lead some external partnerships with experienced leaders in this area, like the Dutch Blockchain Coalition. It has been an exciting journey and incredible experience to work with a close and diverse team in exploring these new technologies together with different units across the World Bank Group.

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eC2: Capacity Building for Integration of Variable Renewable Energy into ZESCO’s Grid Operations

Deadline: 19-Mar-2018 at 11:59:59 PM (Eastern Time – Washington D.C.) India Energy

Objective:  IFC is looking for a consulting firm (the Consultant) to support ZESCO in assessing the integration of variable renewable energy (VRE) into the power system of Zambia. ZESCO is a government-owned electricity utility in Zambia. The assignment aims to build the capacity of ZESCO in relation to the integration of VRE in order to: i) ensure the continued stability of the system as the penetration of variable renewable energy (VRE) increases and ii) ensure the efficient integration of VRE capacity. The scope of work will include a comprehensive review of ZESCO’s existing grid practices in order to determine the infrastructure and operational constraints that have to be addressed to facilitate the targeted levels of VRE penetration. The assignment also includes the identification and practical implementation of a range of measures and system upgrades. In addition, the assignment is to review and recommend improvements to the existing Grid Code for appropriateness for VRE integration.

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eC2: Hydraulic study and Environmental Flows (EFlows) Assessment for the Mpatamanga Hydropower Project

HYDRODeadline: 22-Mar-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective:  IFC is supporting the Government of Malawi (GOM) with the development of the 309 MW Mpatamanga Hydroelectric Project. IFC is proposing to procure a consultant to provide certain services in this regard. The main objective of the services is to confirm the adequacy of the proposed operation pattern for the Mpatamanga HPP. The study is aimed at 1) confirming / identifying acceptable minimum and maximum flow for the daily peaking operations and 2) better defining the extent and impacts of the water level and flow velocity daily fluctuations, especially on important natural ecosystems downstream.

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energyDeadline: 27-Feb-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: IFC seeks to hire the services of a firm (the Consultant) to conduct a market research on productive use opportunities in Tanzania, utilizing standalone solar photovoltaic products. The primary objective of the research to help to give informed decisions on the best approach to address the productive use opportunities and challenges as well as to inform the associates to the program of the existing opportunities for supplying the products and the market potential. For the purposes of this assignment, the working definition of a stand alone solar products productive use is the use of solar products ranging from solar pico products up to solar home systems that are 300 watts for income and welfare enhancing economic activities (such as fishing, agriculture, small enterprises, health and education) in rural Tanzania that is not currently connected to either a mini-grid or main grid.

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Why investors must take a chance in the world’s most fragile countries

untitledFragility, conflict and violence affect more than two billion people across the globe. And while poverty on the whole is declining, that’s not the case in countries affected by conflict. It is these countries plagued by near-constant political and economic instability that are often the ones most in need of private investment. Yet they are also the places few private investors are willing to go. The risks seem to outweigh the rewards.

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Global Economy to Edge Up to 3.1 percent in 2018 but Future Potential Growth a Concern

GEP2018a_Table1-1Current Slack in Global Economy Expected to Fade

WASHINGTON, January 9, 2018— The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after a much stronger-than-expected 2017, as the recovery in investment, manufacturing, and trade continues, and as commodity-exporting developing economies benefit from firming commodity prices.

However, this is largely seen as a short-term upswing. Over the longer term, slowing potential growth—a measure of how fast an economy can expand when labor and capital are fully employed—puts at risk gains in improving living standards and reducing poverty around the world, the World Bank warns in its January 2018 Global Economic Prospects.

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eC2: Lighting Africa Kenya II Above the Line Consumer Education Campaign

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

Objective: IFC is soliciting proposals from marketing communications firms to develop a 7-month consumer awareness above-the-line (ATL) strategy and design for Lighting Africa Kenya II’s consumer education campaign in Kenya targeting the different relevant segments. This ATL strategy will primarily involve the choice, selection and media placement in appropriate channels for the program’s consumer education campaign to support its current target market and clients.


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A Call to Act and Invest for the Future

Global growth has strengthened over the past year, with a recovery in investment, trade, and commodity prices amid supportive global financial conditions. Still, downside risks remain, and prospects for growth vary widely across countries. The World Bank Group is uniquely positioned to help developing countries address the complex challenges that can threaten their gains in an increasingly interconnected global economy.

This was a key message from the Development Committee, a ministerial-level forum of the World Bank Group and the International Monetary Fund, in a communiqué issued at the close of the institutions’ Annual Meetings in Washington.


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How Should Governments and Development Institutions Engage the Private Sector?

TonyElumeluBlog post by Tony Elumelu ( Entrepreneur and philanthropist )

Across the globe, the private sector has an important role to play in the achievement of the SDGs. With slow global growth and the end of the commodity supply cycle, many governments do not have resources required to fully pursue their development goals. And this is where the resources of the private sector become very critical. Through partnerships, the private and public sector can discover areas of alignment, especially in critical areas such as infrastructure, power, and agriculture, to mention but a few.

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eC2: SME support for promoting climate resilience

climateDeadline:  26-Oct-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective:  IFC is currently implementing the Pilot Project for Climate Resilience in Bangladesh focused on the southern, coastal, polder regions. Under the project, IFC is supporting development an eco-system of private sector enterprises, including SMEs, to promote climate smart technologies and practices. IFC is seeking to recruit a specialized agency in Bangladesh to support capacity building of growth-oriented SMEs and make them climate smart and investor ready to link them with potential impact investors for growth and expansion.

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