Driving Foreign Direct Investment to Africa - World Bank Live
18:25 in Africa by major countries. The approval of the key mega projects, the Africans Continental 18:33 Free Trade Area Agreement, and this forthcoming sustainable investment protocol, could lead 18:39 to investment and picking up greater momentum beyond the 2022. So Africa is projected to 18:47 grow by 4.6% in 2021, and average of 4% up to ...
IFC's Work in Climate Business - International Finance Corporation
Helping our clients tap into these opportunities and working with a host of partners to catalyze finance for climate action, is at the core of our business. In 2021, IFC delivered 32% in own-account climate finance and mobilized $3.6 billion for climate. IFC is uniquely placed to help these countries mobilize the necessary private capital to ...
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 ...
Inclusive Growth: The Key to a Lasting Recovery
The World Bank’s latest estimates show that by the end of 2022, as many as 685 million people will be living in extreme poverty. Exacerbated by setbacks to growth caused by COVID, war, and high food and fuel prices, total debt in developing economies is now at a 50-year high, with nearly 60 percent of the poorest (IDA-eligible) countries in ...
Event | A shortage of Life’s Essentials: The Human Cost of the Food and ...
Globally, the energy sector is responsible for a significant share of greenhouse gas emissions. It is crucial that governments balance urgent short-term needs of food and energy access with longer-term goals such as shifting to renewable sources of energy, achieving net-zero emissions, and building resilience to climate change.
Event | The Crisis Facing Development | World Bank Live
The Crisis Facing Development. Even if advanced economies stabilize, conditions for developing countries risk going from bad to worse. Ahead of the IMF-World Bank Group Annual Meetings (October 10-16, 2022), watch World Bank Group President David Malpass deliver remarks, live from Stanford University. 📲 SHARE THIS: During his speech at ...
COP27 | Catalyzing the Green Digital Transformation | World Bank Live
00:00 Welcome! COP27 | Catalyzing the Green Digital Transformation 02:24 Opening remarks 09:04 Introduction of panel discussion 09:37 WBG infrastructure portfolio and digital development 12:29 The work of GIZ in green digital transformation 15:45 Scaling, moving faster, and acceleration 19:15 Visions from Ghana 21:52 The work of the European Commission in catalyzing private sector money
Powering Africa and Promoting a Just Energy Transition
18:24 Strategies of Nigeria in universal energy access 26:11 Partnering with the Netherlands 28:55 The role of the private sector 35:56 Visions from Malawi 45:21 Closure. Great panel discussion on how the goals of achieving universal energy access and a just and resilient transition in Sub-Saharan Africa are closely intertwined. This transition ...
Sustainable Investment in India - International Finance Corporation
Net FDI flows Net foreign portfolio flows. The enabling environment for sustainable investment in Indian listed equities is currently weak. Despite some notable exceptions from companies such as HSBC, CLSA, Trucost, KLD and Innovest, ESG research coverage is still relatively limited. ...
Carbon Opportunities Fund Launches First-of-its-Kind Investment ...
Washington, DC, August 17, 2022 – The International Finance Corporation, Cultivo, Aspiration, and Chia Network, today announced the launch of the Carbon Opportunities Fund (the Fund), a global investment platform that will raise private capital for an innovative model to source, tokenize and sell high-quality, verified carbon credits.. The Fund will seek to catalyse investments in the ...