At the G7 meeting last week, World Bank Group President David Malpass highlighted the Bank Group’s work on vaccines and our healthcare response. “We’re committed to financing access to vaccines for our clients,” he said. Read his latest update to learn more about that and other developments on debt transparency and sustainability, among others.
The Republic of Korea was one of the first countries to tackle the COVID-19 crisis. Facing a rapid, exponential increase in infections after the first positive case w
as identified on January 20, the country took decisive action to contain the virus. Although the total number of cases is high, daily increases have been declining steadily from a peak of just above 900 in late February to around 100 by the second week of March (Figure 1). Recovered cases now far outnumber new cases, and deaths have been kept just above 100 as of this writing.
Figure 1. Coronavirus cases in Korea
Can a sustainable water sector be developed simultaneously with a country’s growth? Can the water sector continue to expand and achieve comprehensive coverage and financial sustainability goals to become a recognized global model for water sector management and performance? Can a country without a single sewer line in 1958 have 90 percent of its wastewater treated by 2012?
The answer is yes! The example is Korea.