Annual Meetings 2015
The first WikiStage WBG was held in Lima on October 6 on the topic of social inclusion. You can view the entire show at World Bank Live.
What’s a WikiStage?
This was a special event organized by the World Bank and produced under license from WikiStage. It featured an inspirational sequence of talks, performance, and films in a 3-minute, 6-minute or 9 minute format. The WikiStage Association in Paris is a non-profit organization that supports a global network of volunteers and event organizers. WikiStage is independent from Wikipedia or other “Wiki” projects and is a young knowledge sharing collaborative that began in 2013 and today represents a network of more than 50 event organizers in 10 countries.
Our goal was to create an interesting and tightly choreographed program that explored social inclusion through the perspectives of people from a variety of different backgrounds and disciplines. It was presented in English and Spanish to a live audience of 500 and livestreamed to a global online audience.
Here are three things I learned from organizing the WikiStage WBG Lima.
Looking into the horizon from the 27th floor of the new tower of the National Bank while attending the World Bank’s Annual Meetings, the sight is partially clouded by a haze that typically lasts 9 months each year. I daydream and imagine I am still riding my bike somewhere down there, among farms and streams while exploring old Inca ruins.
As reality returns, all I can see are roads, buildings, and traffic congestion for miles without end. The Lima of my childhood is gone, having been replaced by a megalopolis of 12 million people, 5 times larger than in the 1960s. Its innocence is nowhere to be found, and today Lima is like any large city, overwhelmingly vast, contaminated, and chaotic. Yet at the same time it has retained the enchantment that made it the capital of the new world in the 1600s, earning it the name “the Pearl of the Pacific” as the seat of the rich Viceroyalty that made Spain the most powerful Empire in the world. Lima today is sophisticated and vibrant. The delegates attending the Bank meetings were treated to an amazing array of tradition and modernity, and enjoyed a delightful display of culture and gastronomy that keeps Lima as a destination in its own right. Lima boasts the best restaurant in the Americas, and 3 among the top 10 in the world. Its art and cultural scenes today are exceptional.
Back at the Banco de la Nación, it is hard to believe that this tower was not there just 18 months ago. It was built for the meetings using an ultra-modern “self-climbing” crane technology, together with the most technologically advanced Convention Center in Latin America. The impeccable organization of the Annual Meetings is a tribute to the capacity of this country to rise to the most difficult challenges, as well as to the hard work of our Bank colleagues that supported these efforts.
More than 700 million people live in extreme poverty around the world. If that number seems daunting, then consider this: 1.1 billion people – more than three times the population of the United States – live without electricity.
So it goes without saying that ending energy poverty is a key step in ending poverty itself. And world leaders agree – a sustainable development goal just for energy was adopted last month. It emphasizes the role of renewable energy in getting us to the finish line of reaching sustainable energy for all by 2030. What will give us a big boost in that race? Private financing.
With most of the global population and capital goods now concentrated in urban areas, cities are key to social development and economic prosperity. Urbanization, globalization, and climate change are interacting in a way that is unprecedented, and urban service delivery systems are becoming increasingly interlinked.
Join us for a live online session this Saturday, Oct. 10 at 11:30 a.m. ET (15:30 GMT) straight from the Bank-IMF Annual Meetings 2015 in Lima, Peru. A discussion with senior leaders and government officials about how to support cities in becoming more socially, environmentally, and fiscally sustainable.
The event will be livestreamed in five languages and live tweeted and live blogged. We’ll have English and Spanish-speaking urban specialists joining our live blog to address your comments and answer your questions as the session progresses –and the panel in Lima will take a few questions from our online audience.
To see the list of panelists and other details, and to watch and join the live discussion, please go here (also in Français, español, Português and العربية )
Plus, follow the event on Twitter with #cities4future #ciudadfutura #cidadesdofuturo #AvenirUrbain #المدن_المستدامة
Those of us who have been working on climate change over the years have witnessed a number of encouraging announcements as a run-up to the Paris COP, where the global community is gathering to agree on collective action to reduce greenhouse gas emissions beyond 2020. The two largest emitters have announced action, with China agreeing for the first time to peak its GHG emissions by 2030 (using a number of tools such as emissions trading), and the United States agreeing to cut its emissions to 26-28% below 2005 levels by 2025. The World Bank’s State and Trends Report on Carbon Pricing announced that about 40 countries and 23 cities, states, or regions have put a price on carbon emissions—explicitly internalizing costs of damage to the environment. This means that about 7 billion tons of carbon dioxide, or 12 percent of global greenhouse gas emissions are covered by some type of carbon pricing scheme. And countries continue to submit pledges to reduce GHG emissions—through the Intended Nationally Determined Contributions—in advance of the Paris COP.
In the energy world, there is equal excitement about recent developments. Renewable energy prices have significantly fallen over the years, in particular for wind and solar. The International Energy Agency (IEA) announced earlier this month that renewable energy will be the largest source of new power generation capacity globally—700 GW in the next 5 years. The IEA does not expect that the fall of oil prices to affect the growth in renewable energy, and expects the power sector to continue to lead the way in the global energy transformation. The IEA also estimates that the share of power generation from modern renewables (including hydropower) will increase from 22 % in 2013 to 26% in 2020.
Can we end extreme poverty in a world with extreme inequality? That question inspired a spirited debate in English and Spanish on Oct. 7, just ahead of the World Bank Group-IMF Annual Meetings in Lima, Peru, addressing corruption, taxation, discrimination against women, and the need to even the playing field for the younger generation.
Latin America’s experience with inequality was front and center at the live-streamed event, Inequality, Opportunity, and Prosperity, featuring World Bank Group President Jim Yong Kim, Ibero-American Secretary General Rebeca Grynspan, Oxfam International Chair Juan Alberto Fuentes Knight, and moderated by CNN Español news anchor Patricia Janiot.
The economic slowdown in Latin America and the Caribbean is putting pressure on workers and wages and forcing some people out of the labor force, according to a new report released during a live-streamed event of the same name, “Jobs, Wages, and the Latin American Slowdown,” in the lead-up to the World Bank Group-IMF Annual Meetings in Peru.
“A lot of women joined the labor force in the good times. Now, in the slowdown, people are exiting the labor force — men and youth with little education. This is good news if they’re going to university, but bad if they’re going to live with their parents and be idle,” said Augusto de la Torre, the World Bank’s chief economist for Latin America and the Caribbean.
Moreover, the “exit of youth from the labor force will affect poor families more than wealthier ones – inequality could become greater,” said de la Torre.
The launch of the Sustainable Development Goals (SDGs) at the recent U.N. General Assembly meetings brought especially welcome news: The future we want now officially includes universal health coverage (UHC), as defined under SDG 3, target 8. We also heard, the same week, from a group of economists from 44 countries, who publicly stated that “UHC makes economic sense.” It seems the tide has turned toward making essential health care available to all who need it, without creating financial hardship.
The global economy, climate change, infrastructure, the food system – these are just a few of the hot topics that will be addressed in Lima, Peru, in the lead-up to the Annual Meetings of the World Bank Group and International Monetary Fund the week of Oct. 5.
The annual gathering of ministers from 188 countries takes place just two weeks after a historic vote at the United Nations to adopt Sustainable Development Goals. Government ministers will again discuss the SDGs at the Oct. 11 meeting of the Development Committee of the World Bank Group and IMF.