The past decade has seen slow but steady progress toward reducing the number of children who are living in extreme poverty worldwide. Yet despite this progress, children remain disproportionately affected by extreme poverty. They represent over half of the global population living on less than $3.00 per day, even though they make up only 30% of the total population.
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Three barriers to municipal finance—and how to overcome them to create jobs and growth
Cities in low- and middle-income countries are growing fast—but their ability to finance the infrastructure and services needed to support people and jobs is lagging behind.
The consequences are real: without better roads, transit, water, energy, and housing, cities struggle to deliver basic services or attract investment, limiting job creation and economic opportunity. That’s because urban infrastructure lays the foundations for employment, business development, and economic growth.
Continue readingeC2: Guidelines and tools for the economic appraisal of desalination and reuse initiatives using modern portfolio theory
Deadline: 11-Jul-2022 at 11:59:59 PM (Eastern Time – Washington D.C.)
The present Request for Expression of Interest (EOI) encompasses consulting services for the development of guidelines and toolkits for the economic appraisal of desalination and wastewater reuse initiatives using modern portfolio theory. The consultant shall develop detailed guidelines and actionable Excel-based toolkits for the determination of the most cost-efficient weight (in economic terms) of desalination and reuse in the water resources mix of urban utilities and basin authorities to achieve the appropriate level of reliability in the system.
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eC2: TECHNICAL & E&S CONSULTANTS for Port PPPs, Europe PPP team
Deadline: 06-Jul-2022 at 11:59:59 PM (Eastern Time – Washington D.C.) 
The Government of Serbia (the IFCs Client) aims to attract private investment through a Public-Private Partnership for the development of the Danube riverway corridor port(s). The Client will be assisted by IFC in structuring and implementing the project(s). IFC is hereby seeking the assistance of a Technical Environmental & Social Consultant (the Consultant) for the structuring and tendering of a concession for the ports. The Consultant will report directly to IFC. IFCs advisory mandate will be implemented in two phases and the Consultant will work alongside IFC and the other specialized consultants (legal, etc.), as will be further described in RFP to be sent to short-listed candidates.
Fact Sheet: An Adjustment to Global Poverty Lines
Why did the World Bank decide to update the International Poverty Line, and why now?
As differences in price levels across the world evolve, the global poverty line has to be periodically updated to reflect these changes. Since 2015, the last update, we have used $1.90 as the global line. As of fall 2022, the new global line will be updated to $2.15.
World Bank Group Youth Summit 2021: Resilient Recovery for People and Planet
Established in 2013, the Youth Summit is an annual event hosted by the World Bank Group
(WBG) to engage with youth globally on the most pressing topics facing our generation. The WBG Youth Summit is an affiliate of the Youth-to-Youth (Y2Y) network, the largest volunteer organization at the WBG, which aims to inspire and empower youth within and outside the institution. The primary goals of the Youth Summit are to:
- Empower youth to explore innovative ideas to tackle development challenges
- Provide youth with the tools to build and engage in impactful projects
- Promote dialogue between youth, the WBG, and other key stakeholders globally
Transitions at the Heart of the Climate Challenge
STORY HIGHLIGHTS
- The World Bank Group is increasing its financing to help countries address the pandemic and climate change, because a sustainable future depends on the decisions countries make today.
- To clean up energy systems, it will be important to drive action on multiple fronts including renewable energy, energy efficiency, and a just transition from coal.
- To tackle food insecurity and protect forests, climate-smart agriculture and nature-based solutions will need to be scaled up.
Imagine a world where farms grow nutritious food and raise healthy livestock without harming the environment. Where every village, town and city are powered by clean energy and cities have safe, affordable, and non-polluting transit systems. Where people have jobs that drive the sustainable growth story of the future. This world is within our reach, but only if we confront the challenges we face today.
Empowering local people to engineer their own futures: a new infrastructure planning approach
Climate change is challenging our status quo as the frequency of extreme weather events
keeps increasing. Water scarcity could cost some regions up to 6% of GDP and floods could force hundreds of millions of people from their homes by 2050. At the same time, we’re facing a $15 trillion infrastructure finance gap.
eC2: Consultancy: Implementation of Public-Private Water Efficiency Initiatives in the South African Agri-Processing Sector
Deadline: 16-Nov-2020 at 11:59:59 PM (Eastern Time – Washington D.C.) 
Water scarcity, greater water demand and changing water supplies due to climate change are severely affecting large parts of Southern Africa, including South Africa, posing a significant risk to the region. In 2019, IFC and the Swiss State Secretariat for Economic Affairs (SECO), launched the Agri-Processing Resource Efficiency (APRE) programme to address this challenge. The programme aims to assist the agri-processing sector in South Africa to improve sustainability and competitiveness, emphasising reductions in water use, along with related reductions in energy and fuel. The objective of this assignment is to continue the development and implementation of the APRE policy and regulatory work with local authorities and user groups in the three localities. The consultant will be required to manage partnerships with key stakeholders related to the promotion of water-use efficiency measures with a public-private sector focus.
Support to the Development of Lao PDR’s PPP Framework and Management of Unsolicited Proposals and Fiscal Commitments and Contingent Liabilities
Deadline: 25-Jun-2020 at 11:59:59 PM (Eastern Time – Washington D.C.) 
The Government of Lao PDR (GOL) has established a policy direction for poverty alleviation and graduation from the list of Least Developed Countries. To achieve this goal, GOL will need to continue to expand and improve infrastructure to support social and economic development and prepare a strong basis for industrialization and modernization. To help mobilize private sector investment and commercial lending GOL has revised its Investment Promotion Law and recently approved a PPP Decree as a secondary law to supplement the Investment Promotion Law. However, further actions will be needed to strengthen the enabling environment for PPPs in Lao PDR. Therefore, GOL has requested support from the World Bank to help strengthen the PPP enabling environment and support capacity building across the PPP lifecycle, including support on managing Unsolicited Proposals and PPP related Fiscal Commitments and Contingent Liabilities.



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