Tag Archives: IFC
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
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
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.
Becoming a Leader in Latin America’s Wastewater Treatment – The Case of Guayaquil
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.
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.
significant gaps remain around the world.
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