Tag Archives: World Bank

Tackling the COVID-19 Pandemic of Inequality to Build a Green, Inclusive, & Resilient Recovery

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Join World Bank Group President David Malpass, ahead of the Spring Meetings, at the LondonScreenshot_2021-03-25 Tackling the COVID-19 Pandemic of Inequality to Build a Green, Inclusive, Resilient Recovery School of Economics as he discusses what is needed to build a green, inclusive, and resilient recovery from the pandemic. The crisis has worsened inequality and disproportionately impacted the poorest and most vulnerable, particularly women and children.  

In his conversation with Minouche Shafik, Director of the London School of Economics and Political Science, President Malpass will share his thoughts on accelerating a recovery that tackles growing inequalities and improves livelihoods.

Join us for the live conversation on March 29.
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Assessing Country Readiness for COVID-19 Vaccines – First Insights from the Assessment Rollout

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The global COVID-19 vaccination campaign will be the largest in history. The delivery of

Kuala Lumpur, Malaysia. 03rd Mar, 2021. A healthcare worker holds a vial of the Pfizer-BioNTech Covid-19 vaccine during the first phase of the country nationwide vaccination drive at the Hospital UiTM in Sungai Buloh, outskirts of Kuala Lumpur. Credit: SO

COVID-19 vaccines presents challenges unprecedented in scale, speed and specificities, especially in low- and middleincome countries. In November 2020, anticipating the availability of safe and effective vaccines for COVID-19, the World  Bank together with WHO, UNICEF, the Global Fund, and Gavi rolled out readiness assessments in more than 100 low and middle-income countries.

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One Year Into The COVID-19 Pandemic, Six Stories That Inspire Hope

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March 11 marks one year since COVID-19 was officially declared a pandemic. While the past year has been tremendously challenging, there have been remarkable stories of human resilience, ingenuity, and creativity. On this grim anniversary, we wanted to bring you stories from around the world that inspire. The following six stories are not billion-dollar projects, but the tales of everyday entrepreneurship and innovation happening on a small scale with a big impact. The World Bank Group is continuing to support the poorest countries as they look to a build a sustainable, resilient, and inclusive recovery.

1. Lao PDR: Unlocking the Full Potential of Small- and Medium-Sized Enterprise

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Vorachith Keoxayavong

Unlocking Private Investment in Climate Adaptation and Resilience

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STORY HIGHLIGHTS

  • A new joint report by the World Bank and IFC offers a blueprint for action for climate-adaptation-and-private-sector-report-covergovernments to catalyze private investment in climate adaptation and resilience.
  • The blueprint for action lays out a systematic approach to incentivize adaptation financing from the private sector and meet countries’ fast-growing financing needs to achieve climate resilience.
  • The approach will be tested in several pilot countries as part of the World Bank Group’s support towards enabling private investment in adaptation.

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Building back better from the crisis: What will it take for the poorest countries?

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It is a catchy acronym. An alliterative call to action. It rolls off the tongues of world leaders like 49834557482_5cac8f2747_k_0UK Prime Minister Boris Johnson and US President Joe Biden. Building Back Better—or BBB—is the seeming light at the end of the COVID-19 tunnel. But what does BBB really mean in the world’s poorest countries? And how can these countries—which are supported by the World Bank’s International Development Association (IDA)—secure the resources they need to make it happen?

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We can end routine gas flaring by 2030. Here’s how

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We are now less than a decade away from the goal of Zero Routine Flaring by 2030, an nigerian-flaring-updated-minambition that sits at the nexus of climate change mitigation and energy policy. Developed by the World Bank and launched in 2015 by the UN, World Bank and several governments, along with oil companies and development institutions, the Zero Routine Flaring initiative is designed to end an oil industry practice that has existed since oil production first began more than 150 years ago.

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Economic inclusion programs: A springboard out of extreme poverty

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As the world grapples with the pandemic, the new State of Economic Inclusion peileaderreport points to paths out of poverty for the poorest and most vulnerable.

For the first time in two decades, extreme poverty is rising around the world, as COVID-19 threatens to erode years of hard-won progress.   The World Bank estimates that the economic fallout from the pandemic may add as many as 150 million extreme poor by 2021. Women, children, displaced populations, and people with disabilities have been particularly hard hit.

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Better Farming on Their Own Land: How Rural Communities in Cambodia Overcome COVID-19 Restrictions and Sustain Incomes

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Story highlights:Horn-Oeun

  • In Cambodia, the Land Allocation for Social and Economic Development (LASED) projects secured about 16,000 hectares of land for landless and small landholder families across five provinces.
  • Over 5,000 households have received direct benefits, including land titles.
  • The projects will phase out by ensuring the sustainability of achievements and improving family incomes.

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After the pandemic, put women first

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From education to entrepreneurship, global recovery efforts need to pay shutterstock_1835789131particular attention to the needs of women and girls. 

Policymakers haven’t always considered how economic shocks impact women and men differently — or how governments should respond.  When the 2008 recession hit, few asked how stimulus measures would affect women compared with men.

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