Photo: AhmadArdity | Pixabay
There are many reasons why infrastructure projects often fail to materialize, meet their timeframe, budget, or service delivery objectives. Important examples include weak and insufficient planning and assessment of affordability as well as uncertainty over the rules of the game.
These issues severely constrain the ability of governments to mobilize finance to deliver key services that help achieve the Sustainable Development Goals (SDGs). The World Bank estimates that achieving the SDGs would require some $4.5 trillion in public and private investment by 2030.
In light of the financing requirements for the SDGs, the World Bank has developed the Maximizing Finance for Development (MFD) approach to help governments and other stakeholders crowd in private sector solutions while optimizing the use of scarce public resources.
The World Bank Group and the African Development Bank, with support from key development partners, have organized the second Infrastructure Governance Roundtable, to be held in Abidjan, Cote d’Ivoire, June 21-22, to foster a robust dialogue on how best to improve infrastructure governance practices to create sustainable infrastructure, and to assist with building capacity in this area.
For five years now, the global community has been observing the International Day of Forests on March 21. It is an occasion to celebrate the wide range of economic and social benefits that forests and trees bring to humankind. Since joining the World Cocoa Foundation (WCF) as its president in July 2016, I have been paying lots of attention to forests in West Africa, which is the world’s leading source of cocoa. These tropical forests, and others like them around the world, play an indispensable role in fighting global climate change by storing carbon. They also meet vital local needs, by cooling temperatures, helping generate rainfall, and purifying the air and water. Healthy forests help rural communities thrive. The paradox is that, over the last 10 years, life-giving forests in Côte d’Ivoire and Ghana were felled at an alarming rate as cocoa farmers, faced with challenges such as low prices, climate change, and low productivity, have expanded the land area on which they grow cocoa. The crop, essential for the chocolate and cocoa products that many of us love, is now seen as a major driver of deforestation in these countries.
Anuella Hélaise is the winner of the blog post contest entitled À l’écoute de nos enfants (Listening to Our Children) organized by the World Bank office in Abidjan. The contest asked young high school students to express their views on Côte d’Ivoire’s technology gap, the focus of the most recent economic update on Côte d’Ivoire.
The world’s climate is changing, and is projected to continue to do so for the foreseeable future. The impact of climate change will be particularly felt in agriculture, as rising temperatures, changing rainfall patterns, and increased pests and diseases pose new and bigger risks to the global food system. Simply put, climate change will make food security and poverty reduction even more challenging in the future.
2018 is here, and we hope your new year is off to a positive start! Thank you for being a part of the global movement to help end poverty. For every like, share, “heart”, retweet, you name it, thanks for engaging with our content!
Every year brings new highlights, challenges, and priorities, and 2017 was no different.:
Twitter:for themselves or their loved ones. So unsurprisingly, you showed strong support for #HealthforAll during the Universal Health Coverage Forum in December.
What's one big reason families around the world fall into #poverty? #Health expenses. To reach the #globalgoals, we must achieve #HealthforAll. Join us at #UHCForum https://t.co/fl9GYMMBeH pic.twitter.com/LEAkSpeffQ— World Bank (@WorldBank) December 10, 2017
We were also very impressed to see how strongly you feel about preserving our planet. During last month’s One Planet Summit, several of you replied to the news of the World Bank’s announcement on phasing out financing of oil and gas exploration, with positivity. For example @RalienBekkers said: “Great, everyone should follow”:
Many of you agreed that women shouldn’t be restricted from doing some jobs, just because they are women:
In many ways, girls’ education is a success story in global development. Relatively simple changes in national policies – like making primary schooling free and compulsory – have led to dramatic increases in school enrollment around the world. In Uganda, for example, enrollment increased by over 60 percent following the elimination of primary school fees.
As more young people have enrolled in school, gaps in educational attainment between boys and girls have closed. According to UNESCO, by 2014, “gender parity (meaning an equal amount of men and women) was achieved globally, on average, in primary, lower secondary, and upper secondary education.”
Yet, more than 250 million children are not in school. Many more drop out before completing primary school. And many young people who attend school do not gain basic literacy skills. These challenges remain particularly acute for poor girls.
In a new paper, published in Population and Development Review, we explore recent progress in girls’ education in 43 low- and middle-income countries. To do so, we use Demographic and Health Survey data collected at two time points, the first between 1997 and 2007 (time 1), and the second between 2008 and 2016 (time 2).
When painting creates hope
"The project is good, it allows me to be an independent woman," says Edwige Domi, who recently completed training in building painting. A resident of the Koumassi commune in Abidjan, Côte d'Ivoire, she is carefully applying paint to a private building located at cité 80 logements in the commune. Beside her is Jean-Claude N'dri, who states that "it's a trade that opens many doors."
The impact of climate change on hydrology and other natural resources, and on many sectors of African economies—from agriculture to transport, to energy—has been widely researched and discussed. But its effect on marine fisheries, an important economic sector and significant source of food for large numbers of people in Africa, is less well understood.
First, what is known?
Climate change leads to rising sea temperatures, making fish stocks migrate toward colder waters away from equatorial latitudes, and contributing to shrinking fish sizes. It also influences the abundance, migratory patterns, and mortality rates of wild fish stocks.
Politicians and economists often go to great lengths to scrutinize hundreds of pieces of data to identify complicated solutions, to the point of ignoring the obvious facts staring them right in the face! Although Côte d'Ivoire is devising complex strategies in a bid to achieve middle-economy status, it tends to overlook the role of women, who largely face deep inequalities that are difficult to ignore.
Stéphanie Quoioh is very definite about it: she owes her steady rise in the entrepreneurial world to the Center for Investment Promotion in Côte d’Ivoire (CEPICI), which took her under its wing. A year ago, this young entrepreneur created her startup business, Archive Expert, in less than 24 hours, thanks to CEPICI, which enormously facilitated the task.