Invigorating Africa’s climate resilient ocean economies

­_bo_5646_0.jpgWe are all too aware that difficult times lie ahead for coastal communities

Coastal erosion, especially in West Africa, has already displaced communities, with economic losses costing about 2.3% of GDP in Togo alone. In the past 60 years, sea temperatures in the Western Indian Ocean increased 0.6 C, triggering mass coral bleaching and deadly climate-related disasters across the region. The economic cost of the 1998 coral bleaching event to Zanzibar and Mombasa was in the tens of millions of dollars. The natural cost is still unknown.

Continue reading

World Bank President Outlines Strategy to End Poverty, Welcomes New Development Partners

Article was published on April 7th, 2015 on the World Bank website.

To view the webcast of the speech which is referenced by the article given by Dr. Jim Kim please click here

WASHINGTON, April 7, 2015World Bank Group

President Jijyk-curtain-sm2015-large_0m Yong Kim today announced a broad strategy to end extreme poverty by 2030, and he welcomed emerging players such as the Asian Infrastructure Investment Bank and the New Development Bank, established by the BRICS countries, as potentially strong allies in the economic development of poor countries and emerging markets.

Continue reading