Growth in Honduras is due to remittances and strong export performance. Nevertheless, over 59% remain below the poverty line and 36.2% in extreme poverty. Bank and government work together to reduce vulnerabilities and create opportunities for all.
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MÉRIDA, MEXICO, May 27, 2015—The Clean Energy Ministerial (CEM) will work with the World Bank’s Energy Sector Management Assistance Program (ESMAP) to deliver targeted technical assistance that will h... Show More +elp developing and middle-income countries integrate large shares of wind and solar energy into their electricity grids.The price of wind and solar inputs has dropped substantially in recent years, and these energy sources are becoming cost-competitive with coal and gas for electricity generation in some markets. Over 144 countries have set renewable energy targets, and more than 100 have already enacted policies or measures to promote the use of renewables. Since 2011, over half of net capacity additions in the global power sector have come from new renewable energy deployment.However, the prospect of meeting a sizeable share of electricity demand through wind and solar also requires expansion and modernization of electricity grids, as well as significant changes to policies and operational practices. There is tremendous demand for technical assistance to help countries make the transition to a “renewable-friendly” grid.CEM and the World Bank will work together to meet this demand by leveraging CEM’s wide-ranging technical expertise to support a new ESMAP initiative. The ESMAP Variable Renewable Energy Integration Program helps countries develop capacity for long-term grid planning, market design, renewable energy pricing, development of rules of access to electricity grids, and strengthening of the electricity dispatch and transport infrastructure. Countries participating in this initiative will now have access to technical experts, knowledge and resources through CEM’s 21st Century Power Partnership (21CPP) and Clean Energy Solutions Center. The services provided will help countries address immediate issues and increase their capacity for longer-term policy and investment planning. “Technical assistance is critical for developing the policies, targeted investments and infrastructure that make the transition to renewable-friendly grids possible,” said Anita Marangoly George, Senior Director of the World Bank’s Energy and Extractives Global Practice. “The World Bank and the Clean Energy Ministerial can bring together technical expertise, country engagement and financing to help facilitate this transition.”Together, the ESMAP and CEM initiatives will work to deliver the most advanced knowledge—from technical integration of VRE and smart grids to harmonized policy and regulatory frameworks—that will draw from the experiences of vanguard countries already managing high percentages of wind and solar penetration. The Clean Energy Solutions Center will provide just-in-time technical assistance to policy makers participating in the ESMAP initiative through its “Ask-An-Expert” service.Opportunities will also be identified to hold clean energy workshops and webinars to provide cooperative training for policy makers in participating countries. Additionally, ESMAP donors and the United States will support ESMAP by sending technical experts to play key roles in the Variable Renewable Energy Integration initiative. ”Accelerating clean energy deployment while maintaining reliability and affordability is an area of significant research and innovation in the United States and other countries around the world,” said Jonathan Elkind, Principal Assistant Secretary for International Affairs at the U.S. Department of Energy. “We are excited that through this partnership we can directly apply this knowledge to help other countries more effectively scale up their share of renewables."This collaboration will expand the work of 21CPP on grid integration already underway through multi-year technical assistance programs in India, Mexico, and South Africa. The ESMAP initiative, although still in its early stages, is already evaluating proposals for support in Mexico, Guatemala, Costa Rica, Honduras, Haiti, Morocco, Ukraine, India, Philippines, Seychelles, South Africa and Vietnam. The 21st Century Power Partnership is an initiative of the Clean Energy Ministerial focused on power sector transformation and grid integration of renewable energy, energy efficiency, and smart grid technologies. For more information and to view reports and publications, visit http://www.21stcenturypower.org/ or contact firstname.lastname@example.org.The Clean Energy Solutions Center, an initiative of the Clean Energy Ministerial, provides no-cost policy assistance, training, and tools to help governments, advisors, and analysts create policies and programs that advance the deployment of clean energy technologies. The Solutions Center is co-led and co-funded by the U.S. Department of Energy through support from the U.S. Department of State and the Australian Department of Industry and Science. For more information, visit www.cleanenergysolutions.org.The Energy Sector Management Assistance Program (ESMAP), a multi-donor technical assistance trust fund program administered by the World Bank, helps countries increase their knowledge and institutional capacity to achieve environmentally sustainable energy solutions for poverty reduction and economic growth. For more information, please visit www.esmap.org. Show Less -
In Peru, Jim Yong Kim highlights initiatives aimed at improving educational quality as a way to combat extreme poverty and promote shared prosperityLIMA, May 7th, 2015 – The President of the World Ban... Show More +k Group (WBG), Jim Yong Kim, today highlighted Peru’s efforts in delivering quality education to poor and vulnerable students, and called for further progress as a way to eradicate extreme poverty and promote shared prosperity among more Peruvians. President Kim travelled to Peru as part of the Road to Lima, a knowledge exchange initiative that highlights development milestones in advance of the World Bank Group and International Monetary Fund Annual Meetings that will take place in Lima next October.President Kim traveled with the President of Peru, Ollanta Humala, and the Minister of Education, Jaime Saavedra, to the Pasco region to meet with recipients of Beca 18 scholarships and students at a high-performance school in Chontabamba in Oxapampa Province. He talked with the students about their educational experiences and the importance of access to quality education for all Peruvians at all levels.President Kim told the students and school authorities present at the meeting that the schools can “help Peru innovate to improve student performance and teacher training and evaluation,” and contribute to a “better future for Peru” because “better learning outcomes help to build a competitive labor force, to create jobs and to promote inclusive economic growth.” High performance schools offer outstanding poor students the opportunity to attend a boarding school-type institution that provides quality educational instruction and resources to develop their skills. The Beca 18 program helps low income youth access higher education. Both initiatives provide disadvantaged students new opportunities to compete in an increasingly global labor market.Following the visit, President Kim and President Humala talked to the press in Oxapampa, and highlighted Peru’s economic progress. Thanks to a transparent and prudent macroeconomic framework, Peru has managed to stabilize and strengthen its economy.“This impressive and improving track record shows that Peru has much to share with the world about promoting development. This is just one reason why it’s a natural fit to host our Annual Meetings in October. Between now and then, we’ll continue to work closely with the Government on the Road to Lima, a knowledge initiative that, among other things, showcases to the world what Peru, Latin America and the Caribbean countries have taught us about doing development right,” Kim said.This is Kim’s second visit to Peru as President of the WBG. As an infectious disease doctor, Kim worked extensively in the country early in his career. His goal was to provide high quality health services to poor communities close to Lima. His practice included a focus on patients with multiple-drug-resistant tuberculosis. Jim Yong Kim will return to Lima in October to be part of the Annual Meetings of the World Bank Group and the International Monetary Fund.-----------------------For more information on the World Bank's work in Latin America and the Caribbean: www.worldbank.org/lacVisit us on Facebook: http://www.facebook.com/worldbankBe updated via Twitter: http://www.twitter.com/BancoMundialLACFor our YouTube channel: http://www.youtube.com/worldbank Show Less -
Jim Yong Kim will visit education initiatives with President Ollanta Humala in the Pasco region. His trip is part of the “Road to Lima” program in advance of the World Bank Group’s Annual Me... Show More +etings in Lima in October. LIMA, May 6, 2015 - The President of the World Bank Group (WBG) will visit Peru on May 7th, 2015, to observe the country’s progress delivering quality education to poor and vulnerable students. President Kim will travel with President Ollanta Humala and Education Minister Jaime Saavedra to the Pasco region to meet with recipients of “Beca18” scholarships and students at a high-performance school in Chontabamba in Oxapampa Province. President Kim and President Humala will give statements to the press upon completing their visit to the school.High-performance schools offer outstanding poor students the opportunity to enter a boarding institution that provides quality educational instruction and resources to develop their skills. The Beca 18 scholarship program helps low-income youth access higher education. Both initiatives provide disadvantaged students new opportunities to compete in an increasingly global labor market.President Kim’s visit is part of the “Road to Lima” program taking place in the lead up to the Annual Meetings of the World Bank Group and International Monetary Fund (IMF) in Lima, Peru, this October. The Road to Lima is a knowledge sharing initiative involving conferences and other activities that highlight development milestones that are essential for emerging economies in the 21st century, from equitable growth, quality education and jobs to efforts to address citizen insecurity. President Kim will return to Lima for the meetings.This is Dr. Kim’s second visit to Peru as President of the World Bank Group. In June 2013, he traveled to Lamay in the Cusco Region where he emphasized the importance of quality education to ending extreme poverty and increasing opportunities for all in Peru and in Latin America. President Kim, an infectious disease physician, worked extensively in Peru early in his career. He aimed to provide top quality health services to poor communities near Lima. His practice included a focus on patients suffering from multi-drug resistant tuberculosis. Show Less -