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Four policy approaches to support job creation through Global Value Chains

Ruchira Kumar's picture
 Maria Fleischmann / World Bank

Mexico created over 60,000 jobs between 1993 to 2000 upgrading the apparel value chain from assembly to direct distribution to customers.  (Photo: Maria Fleischmann / World Bank)

As we discussed in our previous post, Global Value Chains can lead to the creation of more, inclusive and better jobs. GVCs can be a win-win for firms that create better jobs while they enjoy greater efficiency, productivity, and profits. However, there is a potential trade-off between increasing competitiveness and job creation, and the exact nature of positive labor market outcomes depends on several parameters. Given the cross-border (and, therefore, multiple jurisdictive) nature of GVCs, national policy choices to strengthen positive labor outcomes are limited. However, national governments can make policy decisions to facilitate GVC participation that is commensurate with positive labor market outcomes.

Las Vegas, Marrakech, Malta, Casablanca – managing dwindling resources in water scarce cities

Richard Abdulnour's picture
Las Vegas via Andrey Bayda / Shutterstock.com

What do casinos in the Las Vegas desert, beachside cultural sites in Malta, and palm groves around centuries-old markets in Marrakech have in common? The answer lies beneath a veneer of seemingly disparate societies and geographies: this improbable urban trio shares the same story of dwindling water resources and associated crisis management. The good news is that these fast growing, tourist-invaded, and arid urban areas are constantly writing new chapters of their water stories. We believe that these chapters, featuring a world of possibilities for innovation and learning, are worth sharing with water scarce cities around the world.
 
The Water Scarce Cities Initiative (WSC) is a pioneering World Bank global program that connects diverse stakeholders to share their experiences in bolstering integrated approaches for water security and climate resilience. With its sights set on collective progress, WSC partnered with the 5 + 5 group for the Water Strategy in the Western Mediterranean (WSWM) to hold a Regional Water Scarce Cities Workshop in Casablanca, Morocco from May 22-23, 2017. From Cyprus to Barcelona (Spain), the workshop inspired and motivated over 40 diverse participants from the Western Mediterranean region and beyond to explore the connections between their water security and urban resilience experiences.

A new front in the climate fight: innovative finance

Miria Pigato's picture
 Innovate4Climate Finance & Markets Week. Photo: World Bank / Simone D. McCourtie


What does public debt have to do with combatting climate change?
 
A few years ago, this would have seemed a strange question, as debt management and climate policy have traditionally been regarded as unrelated fields. But at a workshop at the annual Debt Management Forum in Vienna on May 22, 2017, debt managers from 50 developing countries discussed the role of emerging debt instruments such as green bonds and blue bonds, in raising capital for climate-friendly projects that range from reforestation to renewable energy.

While green and blue bonds resemble more traditional debt instruments in terms of structure and returns, they represent a novel approach to climate finance. Created just ten years ago, the total value of green bonds has grown at a spectacular pace, reaching US$82.6 billion in 2016. By the end of 2017, the total value of green bonds will likely exceed US$100 billion.

There are otters in the city

Ede Ijjasz-Vasquez's picture

Photo by budak via Flickr CC

When a family of 10 smooth-coated otters appeared in Singapore’s urban downtown of Marina Bay last year, the city was ablaze with excitement and delight. Who would have thought that these otters would make a dense urban environment like Singapore home? After all, otters were thought to have vanished in the 1970s as Singapore rapidly developed into a dense metropolis.
 
Was this a fad? Probably. Was this a big deal? Absolutely. In a small city-state where land is considered a scarce resource, the tension between urban development and biodiversity conservation can be very pronounced. This was not the case in Singapore. Between 1986 and 2010, as Singapore’s urban population doubled from 2.7 to 5 million, its green cover also increased from 36% to 50%, all within the confines of just 710 square kilometers. The increase in green cover in urbanized Singapore was seen as a sign that the efforts by the urban planning agency, parks and water management boards had paid off, and a testament that the natural environment could be indeed be integrated effectively into the urban fabric of the city.
 
Today is World Environment Day. This year, it celebrates the theme of “connecting people to nature,” and invites us to think about how we are part of nature—and how intimately we depend on it.

Panama Canal expansion: A smart route for boosting infrastructure in Latin America

Philippe H. Le Houérou's picture
Since it opened in 1914, the Panama Canal has been one of the world’s most important trade assets and a marvel of engineering. Its expansion has doubled the canal’s cargo capacity, adding a new lane and bigger locks that will shake up shipping routes and make seaborne trade less costly and more efficient.
 
© Panama Canal Authority


Panama, already projected to be Latin America’s fastest-growing economy over the next five years, was the big winner when the expanded canal opened its locks on June 26. New port projects and related logistics hubs are in the works to attract global manufacturers and further enhance the country’s competitiveness.

Renewable energy export-import: a win-win for the EU and North Africa

Sameh Mobarek's picture

Also available in: Arabic | French | Spanish

Rows of solar panel at a thermo-solar power plant in Morocco. Photo by Dana Smillie / World Bank.
Rows of solar panel at a thermo-solar power plant in Morocco. (Photo: Dana Smillie / World Bank)

Over the past several years much has been written about the significant potential for solar energy generation in the Middle East and North Africa, where there is no shortage of sunshine. The International Energy Agency estimated that the potential from concentrated solar power technology alone could amount to 100 times the electricity demand of North Africa, the Middle East and Europe combined.   

In the wake of commitments at the Paris climate conference (COP21), it is time to develop this rich source of low-carbon energy sitting close to Europe’s southern shores, and bolster efforts to agree on a framework to import clean, sustainable energy from North Africa. 

As recently as 2012 there have been efforts to adopt a framework that would allow importing renewable energy from Morocco to Germany—through France and Spain—but electricity trade between countries typically becomes reality when there are economic benefits for all sides. Electricity trade has the added benefit of fostering closer political ties. 

Expanding regional trade between North Africa and Europe has also been hindered by inadequate physical electrical connections between the two continents and poor physical integration in European electricity grids. There is currently only one electrical transmission interconnection between North Africa and Europe, namely the Morocco-Spain connection.  Further, Spain’s interconnection with the rest of Europe is limited, with no new transmission projects undertaken to expand this capacity for the past three decades. At the same time, Spain had excess generation capacity because of the economic downturn experienced in Europe over the past several years. That made impractical the notion of allowing North African renewable energy into the Spanish market. Italy, another potential electricity gateway from North Africa, was in a similar situation.

Six stories show renewable energy underpins a climate-friendly future

Andy Shuai Liu's picture

Also available in: Arabic | French | Spanish


In 2015 the world saw great momentum for climate action, culminating in a historic agreement in December to cut carbon emissions and contain global warming. It was also a year of continued transformation for the energy sector. For the first time in history, a global sustainable development goal was adopted solely for energy, aiming for: access to affordable, reliable, sustainable and modern energy for all.
 
To turn this objective into reality while mitigating climate change impacts, more countries are upping their game and going further with solar, wind, geothermal and other sources of renewable energy. As we usher in 2016, these stories from around the world present a flavor of how they are leading the charge toward a climate-friendly future.  
 
 World Bank Group

1: Morocco is rising to be a “solar superpower.” On the edge of the Sahara desert, the Middle East’s top energy-importing country is building one of the world’s largest concentrated solar power plants. When fully operational, the Noor-Ouarzazate power complex will produce enough energy for more than one million Moroccans and reduce the country’s dependence on fossil fuels by 2.5 million tons of oil.

Education is the key to integrating refugees in Europe

Christian Bodewig's picture
Syrian refugee students listen to their school teacher during math classes. 
Photo © Dominic Chavez/World Bank


​In Europe, the year 2015 will be remembered as the year of the “refugee crisis.” Hundreds of thousands of refugees have crossed treacherous waters and borders to flee war and persecution in Syria and the wider Middle East and Africa in search of protection in the European Union. Transit and destination countries have been struggling to manage the refugee flow and to register and shelter the new arrivals. At the same time, the EU is debating how best to tackle the sources of forced displacement and is stepping up support to Turkey, Jordan, and Lebanon, who host the lion’s share of Syrian refugees. But largely missing from the frenetic activity so far, except in Germany, has been a thorough discussion of the next step: how to manage the integration of refugees in host countries beyond the initial humanitarian response of shelter and food.

Part of the #Youthbiz movement? Share your story!

Valerie Lorena's picture

Also available in: Français | العربية
 



A boat trip from Port Elizabeth to Kingstown, in the Caribbean country of Saint Vincent and the Grenadines, is a one-hour trip that locals take several times a day. It was during one of these journeys that the boat of Kamara Jerome, a young Vincentian fisherman, ran out of gas six miles from Bequia City in what is termed locally as the "Bequia Channel." While waiting for help with strong wind gusts and the sun on his head, the idea of developing a boat that would run with wind and solar energy was born. Soon after, the idea became a prototype; a boat using green technology was on the water making 20-year-old Jerome a winner of international innovation competitions and a role model to other Caribbean youth. 
 
In Mexico, young engineer Daniel Gomez runs a multimillion bio-diesel company originally conceived as a research project for his high school chemistry class. Gomez and his partners - Guillermo Colunga, Antonio Lopez, and Mauricio Pareja - founded SOLBEN (Solutions in bio-energy in Spanish) in their early twenties. 
 
Although Daniel and Kamara have different educational backgrounds, they do share one important skill, the ability to identify a problem, develop an innovative solution, and take it to the market. In other words, being an entrepreneur, an alternative to be economically active, that seems to work and not only for a few.

Europe’s Asylum Seekers and the Global Refugee Challenge

Omer Karasapan's picture
Migrants arriving on the island of lampedusa

The human tragedy of thousands of asylum seekers floundering—and dying--in the Mediterranean highlights an unprecedented global challenge for the 21st century. “In terms of migrants and refugees, nothing has been seen like this since World War Two“, says Leonard Doyle, spokesman for the International Organization for Migrants (IMO). Globally there were estimated to be 16.7 million refugees and 34 million Internally Displaced People (IDPS) at the end of 2013. The conflicts in Iraq, Syria, Libya and Yemen alone have created  o some 15 million refugees and IDPs.  The numbers are growing almost on a daily basis. Just in the past few weeks, the fighting in Yemen has displaced another 150,000 while fighting in Iraq’s Ramadi has added another 114,000 to Iraq’s total displaced of around 3 million refugees and IDPs.

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