PARIS, June 22, 2023—The World Bank Group today launched the Private Sector Investment Lab, a concrete step in a broader effort to develop, and rapidly scale, solutions that address the barriers preventing private sector investment in emerging markets.
Tag Archives: World Bank
Work with USAID June 2023
UPCOMING EVENTS
How Safer and More Resilient Schools Withstood the Earthquakes in Türkiye
Pricing emissions from shipping: Where should the money go?
The backbone of worldwide trade, international shipping moves more than 80 percent of
global trade by volume. As a result, international shipping accounts about three percent of global greenhouse gas emissions. Unless shipping moves to zero-carbon fuels and innovative technologies to green its energy footprint, the latest estimates suggest that carbon emissions will grow by 90-130 percent by 2050, as compared to 2008 levels.
Mission to Rewrite World Bank Group Playbook Advances with Banga’s Global Tour
WASHINGTON, June 8, 2023—The World Bank Group announced today a months-long global tour for new president Ajay Banga, an early step in his mission to write a new playbook for the 78-year-old institution.
Between now and December 2023, Banga will visit multiple countries in every region where the World Bank Group operates. During the impact-focused tour, Banga will work to reimagine strategic partnerships with other multilateral banks and development organizations, work to identify barriers for private sector investment, deepen the relationships between the World Bank Group and the countries it serves, and identify opportunities to maximize impact through knowledge, financing, and technical assistance.
Hiding in plain sight: The missing trillions for climate change
In debates about how to finance the growing bill for climate change, many worry where we
can find the money.
There is reason to worry. As part of the Paris Agreement, the world’s wealthier countries reaffirmed their commitment to mobilize at least $100 billion of climate financing annually to help developing countries to adapt to climate change, invest in renewable energies and achieve low-carbon development. But getting there is a work in progress.
What Counts as Climate? Preliminary Evidence from the World Bank’s Climate Portfolio
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In Ghana, Sustainable Cocoa-Forest Practices Yield Carbon Credits
STORY HIGHLIGHTS
- Cocoa farmers in Ghana are improving yields and mitigating climate change by adopting climate-smart cocoa practices while curbing deforestation.
- Ghana has earned $4.8 million for reducing nearly 1 million tons of carbon emissions caused by deforestation and forest degradation—with up to $45 million expected by the end of 2024.
- Ghana and other countries are generating high-quality, high-integrity jurisdictional carbon credits to realize their climate goals and gain access to international carbon markets.
The role of ethical leadership in curbing corruption
As much as researchers try to isolate the factors of success in controlling corruption,
whether it be at a national scale or that of a particular organization, there is always a residual unexplained element. It may be attributed to culture, systems, or other factors, but one catalytic ingredient is almost always leadership.
We can’t have a world without poverty in a world with plastic pollution
This is a story that started as an environmental crisis, and quickly became an economic and health crisis. And it’s a story that intersects with the triple planetary crises we are grappling with today: biodiversity, climate, and pollution. We are on the brink of writing the next important chapter in this story.
turtles choking on plastic debris, zooming out to show beaches and communities laden with trash, and panning to medical reports showing microplastic in the average person’s bloodstream.
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