Ending Extreme Poverty - World Bank
The World Bank defines “extreme poverty” as living on less than $1.90 per person per day. Ana Revenga, senior director of the Poverty and Equity Group at the World Bank, believes that the goal of ending extreme poverty can be achieved. In her 20-year career at the World Bank, she has worked in many regions of the world, especially on issues ...
Mainstreaming Green Finance: From ‘Not Yet’ to ‘Net Zero’
The Network for Greening the Financial System (NGFS), a network of central banks and supervisors dedicated to accelerating development of green finance and exploring central banks’ role in the climate agenda, has grown more than ten-fold in four years to 98 members and 16 observers. The World Bank is also supporting more than 50 countries in ...
Getting to Equal: How Educating Every Girl Can Help Break the Cycle of ...
Investing in Education Improves Gender Equality. “ Investing in girls is smart ,” says World Bank President, Robert Zoellick. “ It is central to boosting development, breaking the cycle of intergenerational poverty, and allowing girls, and then women—50 percent of the world’s population—to lead better, fairer and more productive ...
Better Internet Connectivity is Helping Improve People’s Lives in Kosovo
Demand for fixed and mobile broadband services is expected to increase significantly in Kosovo. The number of fixed broadband subscribers is projected to increase by 126% between 2015 and 2020, and mobile broadband subscribers by 205% during the same period. This trend presents significant commercial opportunity within the country.
Ethiopia to Benefit from World Bank Support for Social Safety Net
WASHINGTON, September 30, 2014 – The World Bank’s Board of Executive Directors today approved a US$600 million International Development Association (IDA*) credit to Ethiopia for the Productive Safety Nets Project 4 (PSNP4). The funds will be used to expand access to safety net and disaster risk management systems, as well as provide nutrition services and income support to food insecure ...
The nexus of green and digital: An opportunity or a challenge?
The Korean government takes a whole-of-government approach to the issue. The Presidential Committee on Carbon Neutrality, which manages the country’s efforts to achieve net-zero emissions, involves all 18 ministries. The Ministry of Science and Technology (MSIT), for example, plays a critical role in linking technology innovation and the ...
Five lessons for successfully investing in people - World Bank Blogs
Ghana has made substantial improvements in net enrollment rates – from 65 percent primary school enrollment in 2000 to 85 percent in 2017, and childhood stunting rates, which dropped from 35.4 percent in 2003 to 18.8 percent in 2014. How can Ghana’s experience inform the human capital investment plans of other countries?
New report on private capital for infrastructure in the poorest ...
Nevertheless, the good news here is that the trendline is picking up. In fact, 2017 was a stellar year compared to the past for private infra-investments in IDA countries—totaling $7.9 billion across 35 projects and garnering 8.5 percent of total private investments in EMDEs in 2017, up from 4.3 percent in 2016.
Plastic waste is a growing menace, and a wasted opportunity
With only 18 to 28% of recyclable plastic recovered and recycled in these countries, most plastic packaging waste is not only left to pollute the environment, littering beaches and roadsides, but its value to these economies is also lost. ... Emerging markets like the Philippines are net exporters of plastic waste scrap because they lack the ...
LIVE FROM COP27 | World Bank Group
Leaders, experts and activists are gathered in Sharm El Sheikh, Egypt for COP 27, amid growing urgency to tackle the climate crisis. The World Bank Group is hosting a number of live events, featuring top level guests, throughout the conference. Watch back our first week panels which included the Presidents of Mozambique and Tanzania on scaling ...