Tag Archives: World Bank

What is rated criteria? and how does it help procurement?

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· World Bank Procurement in Investment Project Financing helps borrowers achieve sustainable development objectives through value-based, principled, and transparent procurement guidance and support.

· The World Bank Procurement Framework launched in 2016 promotes a strategic, fit-for-purpose approach to procurement that focuses on impact and overall value-for-money.

· In keeping with the value-focused approach, most World Bank-financed Procurement will require the use of Rated Criteria which will promote the inclusion of key quality and sustainability criteria rather than using just the lowest evaluated price for award decisions.

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Scaling Up to Phase Down: Financing Energy Transitions in the Power Sector

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To meet climate and development goals, low- and middle-income countries need to transform their power sector infrastructure at a scale and pace that is unprecedented. The World Bank framework “Scaling Up to Phase Down” maps out steps to support developing countries, with the help of development partners, to scale up affordable, secure, and reliable clean energy and phase down coal-fired electricity generation.

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Governing Effectively During Challenging Times

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Governments worldwide are facing overlapping crises, including COVID-19, debt, climate change, and conflict, which challenge their ability to provide essential public goods and services to their people, especially the most vulnerable. Fiscal constraints, climate-related disasters, wars, and lack of legitimacy often limit governments’ capacity to act effectively.

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Growth and Stability During Crises – from University of Niamey

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In his speech, “Growth and Stability During Crises,” World Bank Group President David Malpass discussed the challenges facing development policy, including the need for macroeconomic stability, the importance of private capital to international integration, and the increasing need to support global public goods. President Malpass emphasized the role of education in supporting growth and creating pathways out of fragility and extremism, which are both critical for Africa’s Sahel Region.

The live-streamed speech was hosted by the Abdou Moumouni University of Niamey, Niger.

Read the transcript of President Malpass’s speech

 

 

Wrap-up. Sustainable Development Goals (SDGs) and Partnerships

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Wrap-up. Sustainable Development Goals (SDGs) and Partnerships

We wrap up all the developments from the Meetings with Devex’s Raj Kumar. UN Deputy Secretary General Amina Mohammed joins The Zone to talk about how to get the SDGs back on track and the partnerships needed to tackle poverty. Amit Bouri outlines how private investment can increase development impact, and Dr. Ahmed Ogwell Ouma of the Africa CDC gives insight on preparing for the next pandemic.

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Spring Meetings 2023: Toward a New Era

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At this year’s World Bank Group-IMF Spring Meetings, management and shareholdersSM23-Gender-Melinda-780 recommitted to the institution’s vision of a poverty-free world and pledged to explore new solutions to tackle an ever-present set of threats to development and the lives of the poor—from stress in the banking sector and persistent inflation to rising debt, Russia’s invasion of Ukraine, and the mounting dangers of climate change.

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Seminar on Financing Green Hydrogen Projects in Developing Countries

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Wednesday May 10 at 15:30-17:00 CET, World Hydrogen Summit Rotterdam whs

Join us at the World Hydrogen Summit for a seminar on Financing Green Hydrogen Projects in Developing Countries with the IFIs and Invest International.

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Seminar on Financing Green Hydrogen Projects in Developing Countries

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logo

Wednesday May 10 at 15:30-17:00 CET, World Hydrogen Summit Rotterdam whs

Join us at the World Hydrogen Summit for a seminar on Financing Green Hydrogen Projects in Developing Countries with the IFIs and Invest International.

Continue reading →

Development Finance Needs Creative Solutions. Rhino Bonds Are Just One Example.

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The current strains in the financial sector highlight once more the importance of sound risk-water_hero.jpgmanagement practices in banking. Understanding potential balance-sheet risks arising from holding specific assets is paramount. That’s why, when launching innovative new sustainable bonds, the World Bank is transparent and makes available all the information necessary for potential investors to assess the risk/return profile of an instrument. 

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Are you paying taxes on sugary drinks? Half of the world’s population does and here is why it makes sense

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Amid multiple crises and one of the sharpest global economic downturns in nearly three20150616-drc-tremeau-0931.jpg decades, policymakers are looking for new tools to improve productivity and raise revenue. Sugar-sweetened beverage (SSB) taxes are of increasing interest for their potential to both improve population health and bring in new revenue. These taxes increase the price of sugary drinks such as sodas and energy drinks, relative to healthier alternatives such as unsweetened water.

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