Hello everyone and let me start by expressing my appreciation to you and the Japanese government for hosting us for this launch of the IDA20 replenishment, in which Japan has played such a leadership role. I would like to thank the Finance Minister personally for playing such a crucial part in this process. I would also like to thank and congratulate the colleagues gathered here in Tokyo today, coming from all over the world, for making IDA20 a successful replenishment.
Tag Archives: Latin America
Latin America isn’t at risk of a 1980s-style crisis (but an era of missed opportunities looms)
Food lines that stretch across multiple city blocks. Spiraling unemployment. Out-of-control inflation. Unsustainable debt. These issues, which traumatized many economies across Latin American in the 1980s, continue to reverberate today and,
given current economic conditions, you could be forgiven for fearing that history is about to repeat itself.
However,
The debt crises of the 1970s and 1980s were searing experiences that find an echo in today’s troubles. Then, as now, Latin American countries had large debt loads. Then, as now, the global economy experienced unique macroeconomic shocks that sent inflation soaring (the Arab oil embargo then; the pandemic and Ukraine war now). And then, as now, central banks around the world – especially the US Federal Reserve – were raising rates to fight inflation.
Poor digital access is holding Latin America and the Caribbean back. Here’s how to change it
The COVID-19 crisis has hit the Latin America and Caribbean (LAC) region harder than any
other region in the world and has brought the need for a resilient and inclusive recovery into sharp focus. Greater digital access—in support of distance learning, digital cash transfers, telemedicine, and online public services—is the cornerstone of this agenda and requires both an ambitious policy and regulatory agenda as well as increased infrastructure investments. This is particularly important as the region gears up for 5G auctions and continues its 4G expansion.
After the pandemic, put women first
From education to entrepreneurship, global recovery efforts need to pay
particular attention to the needs of women and girls.
When the 2008 recession hit, few asked how stimulus measures would affect women compared with men.
Calling all innovators with sustainable cooling solutions!
IFC’s award-winning match-making program, TechEmerge, has launched its new 
Sustainable Cooling program in Latin America (Mexico, Colombia) to drive innovation in climate-smart, energy-efficient cooling technologies, products, and services, where it’s needed most. Phase one focuses on Latin American cities, specifically those in Mexico and Colombia, and will match innovators from across the world with leading local companies and municipalities to pilot projects and build commercial partnerships. Click here to respond to our open call. Applications close September 18, 2020.
APPLY NOW
Join the Webinar
Learn about the benefits of joining the Tech Emerge Sustainable Cooling program in Latin America (Mexico, Colombia), how to apply to our open call, our match-making process, market opportunities, pilot funding, and the valuable support participants receive from our panel of respected industry advisors. We have two timeslots designed to make it easy for you to participate, no matter where you are located.
August 18, 2020
11:00 AM -12:30 PM EST
Virtual – Webex
August 19, 2020
9:00 PM -10:30 PM EST
Virtual – Webex
Calling all innovators with sustainable cooling solutions!
IFC’s award-winning match-making program, TechEmerge, has launched its new Sustainable Cooling program in Latin America (Mexico, Colombia) to drive innovation in climate-smart, energy-efficient cooling technologies, products, and services, where it’s needed most. Phase one focuses on Latin American cities, specifically those in Mexico and Colombia, and will match innovators from across the world with leading local companies and municipalities to pilot projects and build commercial partnerships. Click here to respond to our open call. Applications close September 18, 2020.
APPLY NOW
Join the Webinar
Learn about the benefits of joining the Tech Emerge Sustainable Cooling program in Latin America (Mexico, Colombia), how to apply to our open call, our match-making process, market opportunities, pilot funding, and the valuable support participants receive from our panel of respected industry advisors. We have two timeslots designed to make it easy for you to participate, no matter where you are located.
August 18, 2020
11:00 AM -12:30 PM EST
Virtual – Webex
August 19, 2020
9:00 PM -10:30 PM EST
Virtual – Webex
Calling all innovators with sustainable cooling solutions!
IFC’s award-winning match-making program, TechEmerge, has launched its new Sustainable Cooling program in Latin America (Mexico, Colombia) to drive innovation in climate-smart, energy-efficient cooling technologies, products, and services, where it’s needed most. Phase one focuses on Latin American cities, specifically those in Mexico and Colombia, and will match innovators from across the world with leading local companies and municipalities to pilot projects and build commercial partnerships. Click here to respond to our open call. Applications close September 18, 2020.
APPLY NOW
Join the Webinar
Learn about the benefits of joining the Tech Emerge Sustainable Cooling program in Latin America (Mexico, Colombia), how to apply to our open call, our match-making process, market opportunities, pilot funding, and the valuable support participants receive from our panel of respected industry advisors. We have two timeslots designed to make it easy for you to participate, no matter where you are located.
August 18, 2020
11:00 AM -12:30 PM EST
Virtual – Webex
August 19, 2020
9:00 PM -10:30 PM EST
Virtual – Webex
IFC TechEmerge Sustainable Cooling in Latin American Cities program
We are very pleased to inform you that today we launched an International Call for 
Innovation under the IFC TechEmerge Sustainable Cooling in Latin American Cities program.
Companies interested in joining the TechEmerge Sustainable Cooling program can apply from now until September 18, 2020.
eC2: Legal COVID-19 PPP Rapid Assessment – Asia, Latin America and Caribbean
Deadline: 07-May-2020 at 11:59:59 PM (Eastern Time – Washington D.C.) 
To inform the Bank in the dialogue and support to governments with critical strategic short-term advice on the immediate impacts of the COVID-19 pandemic, IPG and PPIAF are establishing this Rapid Response Program. The Program will help provide international best practice insights in the Banks dialogue with client countries regarding options for planning for the medium to long-term impacts on PPP portfolios and ensuring they have access to the latest information and advice on relevant topics.
It’s time to start solving Latin America’s migration crisis with creative housing solutions
The world’s largest migration crisis today may no longer be in the Middle East or Africa, 
but in Latin America , where 4.8 million people have already fled Venezuela’s political and economic crisis to seek better lives, mainly in Colombia; but also in Peru, Chile, the U.S., and even Spain.
Surveys have indicated that over half of Venezuela’s young professionals wish to leave, and departures could reach 20% of the total population by the end of 2020. Yet, this crisis remains alarmingly underfunded by the international community, which is spending a mere $300 per capita to help Venezuelans compared to $5,000 per Syrian refugee. To be sure, these Venezuelan migrants are not fleeing armed conflict, but they are facing deadly living conditions.
Netherlands for the World Bank 
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