Here are some facts that you might not know:
- Over the last 60 years, Guatemala has lost almost half of its forests, much of it due to illegal logging.
- Built-up area around Lake Laguna in the Philippines has more than doubled between 2003 and 2010.
- The mining sector accounts for 10-15 percent of total water use in Botswana.
The results above are among the numerous NCA findings that are being generated every year, with support from a World Bank-led global partnership called Wealth Accounting and the Valuation of Ecosystem Services (WAVES). In response to the growing appetite for information on NCA, WAVES has set up a new Knowledge Center bringing together resources on this topic.
- Knowledge Center
- Carbon Tax
- united nations
- natural capital accounting (NCA)
- Wealth Accounting and the Valuation of Ecosystem Services (WAVES)
- Sustainable Development
- Latin America & Caribbean
- United States
- Trinidad and Tobago
- South Africa
- Costa Rica
It is the end of another hot day in Rio de Janeiro. I’m tired and sweaty after spending the afternoon checking out the progress on some of the city’s train stations, which are being renovated for the upcoming Olympic Games. But I’m also happy, having witnessed the progress made in improving Rio’s suburban rail system, known as SuperVia, which the World Bank has been supporting for the last 20 years.
Anyone working in education is familiar with the story of Finland’s remarkable evolution into one of the world’s top-performing education systems. The country ranked fifth in science and sixth in reading on the 2012 PISA assessment, second on the 2012 PIAAC (the new OECD test of adult literacy) , and is routinely in the top five of practically every other international measure of education quality. To visitors from standards-and-accountability-heavy countries such as the UK and the US, or from low-performing countries in Latin America and the Caribbean (LAC), Finland’s formula can seem like magic. All teachers have a Master’s degree. There is no student testing. There are no school inspections or rankings. Students have little homework and teachers work few hours. Teachers are trusted professionals with full autonomy in the classroom.
My study tour to Finland in September 2015 convinced me that this formula is indeed magic. Why? Because the popular version of the “Finnish story” neglects elements of the institutional context that are so hard-wired into the system that the locals hardly register them. Three crucial elements, in particular, create an accountability framework that makes it possible for the “magic” to work.
Indeed, we in development, and governments that we work with, invest millions of dollars in behavior campaigns. However, many of these campaigns are unconvincing, lack inspiring narratives, and are communicated through outmoded and uninteresting outlets such as billboards and leaflets. Research shows that traditional mass media interventions are often ineffective in promoting behavior change, especially in the long run (Grilli et al 2002, Vidanapathirana et al 2005).
October 16 is World Food Day, a day when people come together to declare their commitment to eradicate hunger within a lifetime.
Many school-age children across the globe depend on school feeding programs for morning and mid-day meals. School feeding programs incentivize parents to keep children in school and provide students the essential nutrients to stay healthy and able to learn.
The global landscape these days is not a pretty one: collapsing commodity prices, weak demand in the OECD economies and a pronounced slowdown in many emerging markets, unpredictable capital flows affecting exchange rates, and a noticeable slump in world trade. This is clearly not a good time to be a Minister of Finance!
This is the panorama that surrounds the IMF World Bank Annual Meetings in Lima, October 8-10. The weak global picture is heavy on diagnostics of what is troubling many developing countries, but less robust on the side of policy solutions. In Lima, this will be one of the key topics of discussion during a high-level debate on “Balancing sustainable growth and social equity”.
Thousands of young entrepreneurs from 43 countries across the world took part in a series of online and onsite dialogues as part of the Road to Lima 2015 activities. The inclusion of youth in such an important process was possible thanks to the World Bank Group and the Young Americas Business Trust (YABT).
While Brazil faces a difficult fiscal and economic situation right now, I would like to view national progress on employment and incomes from a long-term perspective, which is valuable when addressing Education and Human Development issues in a broader sense.
Last month, I met an obstetrician in India and in the course of conversation, asked her how many babies she had delivered.
“After ten thousand babies, I stopped counting,” she said.
Naturally, I was curious to know if anything scared her when she’s delivering a child. Her answer: “I pray that there is electricity for sterilized water and other equipment during the process.”
The obstetrician is also the project director for part of a World Bank health project in Nagaland—a remote Northeastern state in India. She is an ardent advocate for the expansion and promotion of solar energy in the primary health care sector because she, like many of her colleagues, believes that more solar energy in the health sector can spur a revolution by boosting the standard and reliability of health delivery services in the country.
When I joined the World Bank four months ago as a renewable energy specialist, I had always considered solar in the context of electricity for homes and businesses. But working with other sectors and exploring solar interventions in increasing crop productivity, safe drinking water and child delivery in health centers has shown me the massive potential solar energy has to help other areas of development as well. There is a clear business case for why solar is fast becoming a mainstream technology for providing power even in non-energy sectors like agriculture and water.
Until recently, the biggest hurdle in adopting solar power was the high upfront cost (more than $3 per watt before 2010) and lack of project financing for solar projects.
But much of that has changed. In the last four years, solar module prices have fallen more than 70% (less than $1 a watt), and per unit cost of solar power (kwh) has fallen from 30 cents per unit in 2010 to less than 8 cents per unit not only in India but also in Brazil, Chile, UAE and other countries.