With a population of more than 1.2 billion, India is the world’s largest democracy. Over the past decade, the country’s integration into the global economy has been accompanied by economic growth. India has now emerged as a global player.
Read More »
ContextFor billions around the world—especially the world’s poorest—healthy oceans mean jobs, food and protection. FAO estimates that fisheries and aquaculture assure the livelihoods of 10-12 percent of... Show More + the world’s population with more than 90 percent of those employed by capture fisheries working in small-scale operations in developing countries. Oceans are equally important for food security and jobs. In 2012, fisheries produced roughly 160 million tons of fish and generated over US$129 billion in exports while securing access to nutrition for billions of people and accounting for 16 percent of total global animal protein. Coastal areas within 100 kilometers of the ocean account for an estimated 61 percent of the world’s total Gross National Product (GNP) and are of particular importance for developing countries; in 54 coastal and island countries up to two thirds of total national territory is ocean. Overall, healthy oceans, coasts and freshwater ecosystems are crucial for economic Show Less -
REGION: SOUTH ASIACOUNTRY: INDIAFOCUS AREA: RESILIENT RECOVERYResults & AchievementsNearly one million coastal residents were relocated in a massive evacuation effort ahead of Cyclone... Show More + Phailin in 2013, partly enabled by the shelters and emergency roadways that were funded through the National Cyclone Risk Mitigation Project (NCRMP), as well as frequent mock drills and extensive community-level preparation. Successful disaster risk management initiatives, some involving the support of the Global Facility for Disaster Reduction and Recovery (GFDRR), enabled a 99.6% reduction in fatalities from a comparable cyclonic storms system 14 years prior. Under NCRMP, Odisha and Andhra Pradesh are adding 1,000 km of new evacuation roads, 23 bridges to better connect communities, 285 new cyclone shelters, and 140km improvements to existing coastal embankments. GFDRR has contributed $270,000 since 2011 to help implement the National Cyclone Risk Mitigation Project (NC Show Less -
Bank Group ContributionThe World Bank and Bank-managed trust funds are increasingly supporting initiatives to rebuild the ocean’s natural capital. Many of the Bank’s investments in the oceans over the... Show More + last five years promote the sustainable governance of marine fisheries, the establishment of coastal and marine protected areas, and integrated coastal resource management. The World Bank’s active ‘blue growth’ portfolio comprises activities worth US$6.4 billion. This amount includes fisheries management, habitat conservation including integrated coastal zone management, pollution reduction and water resource management.Partners The Bank has been working with dozens of partners to increase investment in healthy oceans. In support of this, the Bank has participated in many numbers of ocean events for both technical and political purposes, raising both the profile and reach of our work, while also contributing to broader ocean community engagement. In addition to bilateral partnerships Show Less -