SENDAI, Japan – Without better preparation for disasters – whether they be earthquakes and tidal waves, extreme weather events, or future pandemics – we put lives and economies at risk. We also have no chance to be the first generation in human history that can end extreme poverty.
Just a few days ago, the world was again reminded of our vulnerability to disasters, after Tropical Cyclone Pam, one of the most powerful storms ever to make landfall, devastated the islands of Vanuatu. Some reports found that as much as 90 percent of the housing in Port Vila was badly damaged. When the cyclone hit, I was in Sendai for the UN World Conference on Disaster Risk Reduction, which took place only a few days after the fourth anniversary of the Great East Japan Earthquake of 2011. That quake and subsequent tsunami tragically resulted in more than 15,000 deaths and caused an estimated $300 billion in damage.
Why are petroleum prices dropping so fast anyway? Have they reached rock bottom yet? Should we be worried if they continue to fall? These are questions that probably every finance minister in either oil-rich or oil importing nations is trying to answer.
The January 2010 Haiti earthquake killed many thousands and caused damage and losses estimated at US$7.8 billion, more than US$3 billion of which was in the housing sector alone.
What might surprise those who have heard only anecdotal accounts of the shortcomings of the Haiti response is that some exemplary practices that emerged from that event have already been redeployed in other disaster responses.
With 95 percent of its population of 10 million under age 65, Haiti’s most abundant asset is its human capital. Given this large share of children, youth and working-age adults, education is both an ongoing challenge and policy priority for the Government of Haiti. Yet decision-making on education has been hampered by a lack of reliable data, with even basic information such as enrollment rates being difficult to estimate reliably.
This post was originally posted on February 26, 2014
YouTube, Wikipedia, Facebook, LinkedIn, Instagram, Twitter, blogs… This list could easily go on and on for paragraphs. Today, we are so immersed in social media that we can hardly go a day without reading or watching user-generated online content. Videos like “Charlie Bit My Finger” make us laugh. Free lessons on Khan Academy, which were originally started by a hedge fund analyst at home, help us learn.
But user-generated online content is not all about entertainment and free classes. Crisis maps on crowd-sourcing platforms like OpenStreetMap and Ushahidi have demonstrated a less expected yet significant capacity of user-led content creation online: it saves lives in disasters.
Latin America has a long, fractured, and ultimately failed history of public media. So-called “public media” typically functioned as government-controlled institutions for spurious goals - propaganda and clientelism - rather than quality content in the service of multiple public interests.
Junaid Ahmad, World Bank Group Senior Director for Water, and Caren Grown, World Bank Group Senior Director for Gender, wrote a blog for Thomson Reuters Foundation ahead of World Toilet Day. Read the blog below, which originally appeared in Thomson Reuters Foundation.
Advancing equality for women in developing countries is not only the right thing to do, it makes good economic sense.
Gender equality enhances productivity, improves well-being, and renders governing bodies more representative. And yet around the world, discriminatory laws, preferences, and social norms ensure that girls and women learn less, earn less, own less, enjoy far fewer opportunities to achieve their potential, and suffer disproportionately in times of scarcity or shock.
It has now been more than four and a half years since the January 12, 2010 earthquake devastated one of the most vulnerable countries in the Western Hemisphere. Just before 5pm local time on, a 7.0 magnitude earthquake struck Haiti. The epicenter was near the town of Leogane, about 20 miles west of the capital city Port-au-Prince. The heavy block and concrete style construction of the capital— intended to withstand hurricane force winds—collapsed and caused massive loss of life and injury. It is now estimated that over 40,000 people died and over 1 million were displaced. As many as 40% of Haiti’s civil servants were injured or killed, and the majority of government buildings were damaged or destroyed. The World Bank along with donor governments and other international organizations launched one of the largest disaster relief and reconstruction efforts in history.
The World Bank Group President Jim Yong Kim and World Bank Chief Economist Kaushik Basu had some answers in a live-streamed conversation, Building Shared Prosperity in an Unequal World, with Chinese media entrepreneur Yang Lan in the lead-up to the institution’s Annual Meetings on Wednesday morning.