World Bank Group will no longer finance upstream oil and gas after 2019

Paris, 12 December, 2017 – At the One Planet Summit convened by President Emmanuel Macron of France, United Nations Secretary General Antonio Guterres, and World Bank Group President Jim Yong Kim, the World Bank Group made a number of new announcements in line with its ongoing support to developing countries for the effective implementation of the Paris Agreement’s goals.

 

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Towards a Climate-Smart World: 12 Ways for a Resilient Future

In early 2016, the Fiji province of Ra was hit by Cyclone Winston, the biggest storm ever cycloon.pngrecorded in the Southern Hemisphere, impacting 62% of the Fiji population and caused F$2 Billion in damage (20% of GDP). It killed 44 people, injured hundreds and left 131,000 people homeless. The Category 5 storm first made landfall in Ra, leaving its communities completely devastated. Cyclone Winston was an example of new enemies facing communities. Enemies that are linked to climate change.

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Getting to financial close on PPPs: Aligning transaction advisor payment terms with project success

Getting to commercial close on a Public-Private Partnership (PPP) transaction is a major 2363688612_6d71737477_bmilestone. But the deal is far from done. Getting from commercial close to financial close involves satisfying a long list of PPP contract Conditions Precedent, the terms, and conditions of lenders, among other requirements. The process is tricky and involves a lot of heavy lifting, particularly in emerging markets where the market for PPPs and supporting institutional structures may not yet be robust. None of this is news. Continue reading

Opening doors: How national IDs empower women cross border traders in East Africa

When Agnes became a young widow with four children still to raise, many people in her community thought she would have to take her children out of school. 1_VKgpfpebYFgjXAUoKewFVg But education is important to Agnes and to support her family, she turned to business and became a cross border trader.

“I buy millet in Uganda and sell it in Kenya,” she explains. “In Kenya, I buy sugar and then bring back to Uganda.”

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‘Learning for All’ Must Include Children with Disabilities

December 1, 2017– While the developing world has made strong progress towards disabled_children_masaru_goto_world_bank.jpg
universal primary education, education is still largely an unfulfilled dream for millions of children with disabilities. Leroy Philips, a youth leader and radio broadcaster from Guyana, recalls what it was like growing up blind.

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eC2: Sectoral Water Use Assessment for Adaptive Allocation and Valuing Water in Tanzania

Deadline: 08-Jan-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The Bank is carrying out analytical study on Tanzania freshwater resilience, which will underpin institutional reform and future on-the-ground investment for water resources management. A core activity of this study is to assess water use of the major sectors, namely, agriculture and industry, in Tanzania. The agricultural and industrial sectors are the major economic drivers of the country representing the biggest and most rapidly expanding users of water resources.

 

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eC2: Support to the Government of Uganda for a Capacity Building Program for Implementing PPPs

Deadline: 14-Dec-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The Finance and Markets Global Practice and the Infrastructure, PPPs and Guarantees (IPG) Group of the World Bank, supported by DFID, intend to engage the services of a consulting firm qualified and experienced in PPP related technical, financial, institutional and legal work to develop and deliver a comprehensive training program for relevant government entities and other relevant stakeholders in PPPs and infrastructure financing. The services expected are described in the Terms of Reference.

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eC2: Climate Resilient Industries Framework Development

Deadline: 19-Dec-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The World Bank Trade & Competitiveness Global Practice and Global Facility for Disaster Reduction and Recovery (GFDRR) Tokyo Disaster Risk Management (DRM) Hub is embarking on a knowledge project on Business Continuity Planning (BCP) for Climate Resilient Industries. imagesThe Project aims to identify, mitigate, and manage risks from disasters and climate change impacts that disrupt national industries, domestic and international value chains, undermine competitiveness and reduce economic derived from industries through a focus on business continuity planning and upgrading of critical industrial infrastructure. The results from this knowledge project will fill a critical gap in knowledge related to industrial resilience and provide the World Bank Group with a clear entry point on providing solutions for client governments.

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eC2: Strengthening the integration of disaster risk management and climate resilience in road transport to improve trade and competitiveness in the Western Balkans Region

Deadline: 23-Dec-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The Development Objective of this proposed activity is to: Support the development of a more resilient trade and transport in the Western Balkans. balkans For this end the activity will assess the economic impacts associated with the potential disruption of core road network assets in terms of infrastructure related loss and the loss of functional connectivity as a function of time among other dimensions. It will overall advance the analytical knowledge to better inform and define possible measures and strategies to improve the Western Balkans Regions Action Plan for Facilitating Trade and Transport against adverse natural events.

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eC2: Enhancing technical skills for analyzing and advocating private sector and investment climate reform issues in Bangladesh

Deadline: 19-Dec-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: Bangladesh has set a national target to improve its business climate by 2021. In achieving this target, private sector stakeholders can play a significant role by identifying, analyzing, prioritizing and advocating relevant reform issues. As part of its investment competitiveness and private sector reforms engagement, WBG is supporting Bangladesh in selected reform areas. This assignment aims to enhance analytical capacity for reform advocacy of key stakeholders who engage actively with the government in private sector and investment climate policy dialogues.

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