IFC GLOBAL MANUFACTURING CONFERENCE

Manufacturing is key to development by building economic complexity throughdownload industrialization. As the manufacturing sector adds new capabilities to produce more products, participates in value chains, and adds process technologies, this results in more resources and materials being used. Circular economy models are necessary to replace the make, use and dispose linear production model.

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The manufacturing sector is now focusing on its crucial role in conserving resources, eliminating waste, and transitioning into more regenerative business models where repairing, reusing, and recycling products replaces simply disposing of them.

The third IFC Global Manufacturing Conference will address the critical questions regarding Circular Economy and provide a dynamic forum for exploring the future of manufacturing.

Millions on the move: What climate change could mean for internal migration

When you think of climate migration, you probably think of people moving from one countrygroundswell_blog_20120218-niger-farhat-8040_1140x500 to another to escape rising seas or expanding deserts. And to some extent, you’d be right. But the fact is, the vast majority of climate migrants are actually moving within their country’s borders. 

The findings of our new Groundswell report forecast that there could be up to 216 million internal climate migrants globally by 2050.  Hotspots of climate migration may start to emerge as early as 2030, as people leave places that can no longer sustain them and go to areas that offer opportunities. The drivers of these migrations, according to the report, will be water scarcity, declining crop productivity and sea-level rise.

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COP26: The World Is Watching

STORY HIGHLIGHTS COP26 venue in Glasgow

  • The clock is ticking for high impact climate action at COP26 in Glasgow from October 31 – November 12, 2021.
  • A strong theme of the World Bank Group’s participation will be its support for green, resilient, and inclusive recoveries from the COVID-19 pandemic.
  • Watch live-streamed events and participate in the conversation with #COP26 and #ClimateActionWBG.

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World Bank Group COP26 Climate Briefs

10 Things You Didn’t Know About the World Bank Group’s Work on Climate Change

  • Climate change, poverty, and inequality are the defining issues of our age. TacklingCC_shutterstock climate change will require major social, economic and technological changes, many of which are costly and will require large investments. Did you know…. Continue reading

Climate Change Could Further Impact Africa’s Recovery, Pushing 86 Million Africans to Migrate Within Their Own Countries by 2050

Deep dives on climate migration in West Africa and Lake Victoria Basin

WASHINGTON, October 27, 2021— The World Bank’s new Groundswell Africa reports, released today ahead of the 26th session of the Conference of the Parties (COP 26), find that the continent will be hit the hardest by climate change, with up to 86 million Africans migrating within their own countries by 2050.

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Taking Action: The World Bank Group’s Climate Priorities

Tackling climate change will require major social, economic and technological changes,dm_oped_climateshutterstock_1869476341_1140x500 many of which are costly and will require large investments.  To achieve our climate objectives, it will be critical to integrate climate and development and identify projects at the country level that tackle mitigation and adaptation and channel appropriate sources and structures of financing toward these projects in a manner that maximizes impact.

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Open Learning Campus: Women’s Entrepreneurship – What Works to help women thrive in the Digital Economy

Rapid digital transformation across the globe has dramatically changed the way entrepreneurs run their business. But for women entrepreneurs, it is still an uphill battle with lack access to capital, digital tools and skills, and a supporting environment to fully participate in the new digital economy: there are still 234 million fewer women than men accessing mobile phones. This webinar will explore findings and recommendations from interventions aimed at closing gender gaps in the digital economy: two reports on Women and E-Commerce in Southeast Asia and Africa, led by the International Finance Corporation (IFC), show that closing participation and revenue gaps between men and women entrepreneurs on e-commerce platforms can add over $280 billion to the value of the e-commerce markets in these regions. An impact evaluation by the Latin America and the Caribbean Gender Innovation Lab (LACGIL) in Guatemala, DIGITAGRO, documents the potential to increase market access to women working in agriculture using digital technologies. Work by the Africa Gender Innovation Lab (AFRGIL) promoting the use of mobile savings accounts among women microentrepreneurs in Tanzania, with and without business training, suggests that while there is a latent demand for digital savings accounts, it may be necessary to supplement such products with complementary business training in order to observe positive impacts on business investment and profits.

The Changing Wealth of Nations

The Changing Wealth of Nations 2021 provides an updated database and rich analysis ofCWON_WebsiteImage-sml-01 the world’s wealth accounts spanning 146 countries, annually from 1995 to 2018. It contains the widest set of assets covered so far, including human capital broken down by gender, as well as many different forms of natural capital, spanning minerals, fossil fuels, forests, mangroves, marine fisheries and more.

A just transition away from coal: Vital for people and planet

Helping countries transition to clean energy systems while meeting growing energy demand is one of the greatest development challenges of our time. Access to electricity is key to creating new jobs and supporting vital services, such as lighting, cooling, modern healthcare, better education, and affordable broadband. 

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