Statement by World Bank Group President Jim Yong Kim on Appointment to a Second Five-Year Term

WASHINGTON, September 27, 2016 – World Bank Group President Jim Yong Kim today jyk-curtain-sm2015-large_0issued the following statement upon being appointed by the Bank’s Board of Executive Directors to a second five-year term, beginning July 1, 2017:

“I am humbled to have the honor of serving a second term as the head of this great institution. I am grateful to our Board for giving me the opportunity to continue building on our successes.

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She Works – IFC Report

sheworks_socialpostcards_v2_2This report marks the end of the IFC-led SheWorks global private sector partnership to advance employment opportunities and improve working conditions for more than 300,000 women by 2016. It consolidates the knowledge, best practices, and lessons learned during the two-year SheWorks partnership so that other companies committed to investing in women’s employment can benefit as well. The report also captures, on an aggregate level, the progress made by SheWorks member companies towards realizing their commitments.

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World Bank Group, New Development Bank Lay Groundwork for Cooperation

Close cooperation between the two institutions will support sustainable infrastrWorld Bank buildingucture development

WASHINGTON, September 9, 2016World Bank Group President Jim Yong Kim and New Development Bank (NDB) President K.V. Kamath today signed a memorandum of understanding between the two institutions, to strengthen cooperation in addressing the world’s enormous infrastructure needs.

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Partners Launch Framework to Accelerate Universal Health Coverage in Africa; World Bank and Global Fund Commit $24 Billion

Press Release; 26 August, 2016

African Heads of State and Partners Mobilize around Plans for Universal Health Coverage to medical-appointment-doctor-healthcare-clinic-health-hospital-medicine[7]Achieve 2030 Sustainable Development Goals

NAIROBI, Kenya, August 26, 2016—Today at the Sixth Tokyo International Conference on African Development (TICAD-VI), African heads of state and partners vowed to accelerate progress toward universal health coverage (UHC) in Africa. To help countries implement their health reforms, the World Bank and the Global Fund to Fight AIDS, TB and Malaria (Global Fund) committed to invest $24 billion in Africa over the next three to five years.

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Solar Energy to Power India of the Future

Click here for the video and full article

WASHINGTON, June 30, 2016 – The World Bank Group is moving to help India deliver on its unprecedented plans to scale up solar energy, from installing solar panels on rooftops to setting up massive solar parks. This will catapult India to the forefront of the global effort to bring electricity to all, mitigate the effects of climate change, and set the country on a path to become the ‘India of the future’.

“The world must turn to (the) sun to power our future,” India’s Prime Minister Narendra Modi said at the historic COP21 climate conference in Paris last year. “As the developing world lifts billions of people into prosperity, our hope for a sustainable planet rests on a bold, global initiative.”

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Leaders Aim to Put a Price on Half of All Global Carbon Emissions

State and Trends 2015 map

Ten leaders, including Chancellor of the Federal Republic of Germany Angela Merkel, Mexican President Enrique Peña Nieto, and World Bank Group President Jim Yong Kim, have laid out goals in a joint vision statement to expand carbon pricing to cover 25 percent of global emissions by 2020, and achieve 50 percent coverage within the next decade.

Currently, some 40 governments and 23 cities, states and regions put a price on carbon pollution, accounting for 12 percent of annual global greenhouse gas emissions. This marks a three-fold increase over the past decade.

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World Bank Group Urged to Help Solve Refugee Crisis, Other Challenges

Government ministers from around the world confronted the refugee crisis, a slowing economy, and other global challenges at the 2016 World Bank Group-IMF Spring Meetings.

“Forced Displacement and Development” was the only item on the agenda at the Dev CommDevelopment Committee meeting on Saturday. The committee, which represents the 189 shareholder countries of the Bank Group and the IMF, urged its members to take action to support vulnerable people who have been forced to flee their homes, and encouraged the institutions to partner with humanitarian organizations to help forcibly displaced people and host communities confront the root causes of the problem.

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See What You Missed at the World Bank GroupSpring Meetings

During the Spring Meetings 2016 the World Bank Group hosted distinguished speakers , from Queen Rania and Ban Ki-moon to Michelle Obama and Bill Gates. Click the links below to replay all 19 webcasts, read blogs, and watch videos highlighting the best of the Meetings.

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The full schedule with the list of events which include webcasts, and fotos here.

All the videos taken during the meetings can be found here.