October 17 is the international day to end poverty. There has been much progress toward this important milestone: the World Bank Group’s latest numbers show that since 1990 nearly 1.1 billion people have escaped extreme poverty. Between 2012 and 2013 alone, around 100 million people moved out of extreme poverty. That’s around a quarter of a million people every day. This is cause for optimism.
But extreme poverty and the wrenching circumstances that accompany it persist. Half the world's extreme poor now live in sub-Saharan Africa, and another third live in South Asia. Worldwide nearly 800 million people were still living on less than $1.90 a day in 2013, the latest year for which we have global numbers. Half of these are children. Most have nearly no education. Many of the world's poor are living in fragile and conflict afflicted countries. In a world in which so many have so much, it is unacceptable that so many have so little.
There is a lot for Bangladesh to celebrate in the latest World Bank research on global poverty and inequality.
The new report, entitled “Poverty and Shared Prosperity 2016: Taking on Inequality”, uses revised data to give a more accurate estimate of how many poor people live in Bangladesh. What the report shows is that 18.5 percent of the population was poor in 2010 compared with 44.2 percent in 1991.
This is a major achievement that will receive global recognition on October 17 when the World Bank Group marks End Poverty Day with the Bangladesh people at an event in Dhaka.
This achievement means that . It means that Bangladesh beat the deadline by an impressive five years in achieving Millennium Development Goal number 1, an internationally recognized target to cut extreme poverty rates by half by 2015.
It is worth remembering how far Bangladesh has come.
In disaster risk management, we often pay close attention to the latest technological boosts to better understand risks and help communities prepare for the next disaster. While such efforts are commendable, I noticed that
Such messages teach us how to keep hazards away from people (reducing existing risks) as well as how to keep people away from hazards (avoid creating new risks). On my latest trip to Japan, we hosted government officials from Armenia, Kyrgyz Republic, and Tajikistan as part of an experts’ visit focusing on disaster risk management, acting on Japan’s rich culture of passing on such decisive messages to future generations.
As a country that is particularly vulnerable to flooding, Malawians know that they cannot halt the forces of nature, but they can prepare and plan for their impacts – and they did. Supported by the Global Facility for Disaster Reduction and Recovery (GFDRR) and the World Bank, the Government of Malawi undertook a series of community mapping activities in which it collected data about the environment for a flood risk modeling exercise and other preparedness activities. So in January 2015, when Malawi experienced its most devastating flood in a century, the data that its government collected was used to support recovery activities.
Robust and actionable information like this can help those at risk understand and prepare for hazards, saving lives and assets. However, even in this era of big data and hyper-connectivity, when one would think that every place on earth is already mapped in great detail, such information is often inaccessible, disparate, or altogether nonexistent. Even as recently as this month’s earthquake on the border of Tanzania and Uganda, people still scrambled for spatial information. Doing so in the moments after a disaster, though, is too late.
Sri Lanka amazes me in many ways, with its smiling faces among a rich tapestry of cultures, diversity, and natural wonders. On this fourth visit and first time in the Northern Province, I once again found a resilient and industrious people eager to build their lives and advance the country together.
As Sri Lanka recovers from an almost three-decade long conflict, much progress has been made. I am proud that the World Bank Group has been a close and trusted partner with the country to help restore lives, livelihoods, and unlocking the potential of all of its people, inclusive of men and women, diverse geographic locations, as well as different ethnic and religious backgrounds.
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The global water community is gathering in Stockholm for World Water Week 2016. This year’s theme, “Water for Sustainable Growth,” comes at a critical time, as we are mobilizing to achieve the Sustainable Development Goals (SDGs), in which water plays an essential part.
It drives economic growth, supports healthy ecosystems, and is fundamental for life. However, water can threaten health and prosperity as well as promote it. Water-related hazards, including floods, storms, and droughts, are already responsible for 9 out of 10 natural disasters, and climate change is expected to increase these risks.
Over the next two decades and beyond, ‘thirsty agriculture’ and ‘thirsty energy’ competing with the needs of ‘thirsty cities’ will place new and increasing demands on the water sector. Over 4 billion people currently live in areas where water consumption is greater than renewable resources for part of the year – a number that will continue to increase.
Following the massive earthquake in Jogjakarta, Indonesia, in 2006, the city and surrounding areas were faced with having to build or rehabilitate about 300-thousand homes.
The government had the option of hiring 1,000 contractors to build 300 houses each. Or we could have 300 thousand people working to build one house each - their own homes.
With the Government of Indonesia in the lead, we took the latter approach in supporting Indonesia’s efforts to rebuild communities. This is the REKOMPAK way.
And while nature’s fury does not distinguish between urban and rural areas, a large majority of disaster losses are concentrated in cities, where they disproportionately affect the poor. This creates a great challenge for low and middle-income countries. , where most dwellings don’t comply with construction codes and home insurance is non-existent. Perhaps unsurprisingly, LAC’s informal districts also account for the majority of disaster-related deaths in the region.
Yet housing policies aimed at the poor tend to focus on supporting the construction of new units instead of retrofitting existing homes to make them safer—ignoring the fact that it is mostly buildings, not earthquakes, that kill people. As a result, the deficit in housing quality is still disturbingly high: millions of families remain exposed not just to disaster risk but also to high crime rates, eviction, poor housing conditions, as well as lack of access to basic services, healthcare, schools, and job opportunities.
To address these issues, countries will need to tackle the housing challenge from two different but complementary angles: they have to find ways of upgrading the existing housing stock, where the majority of the poor live, while making sure that new constructions comply with building regulations. After all, if floods or earthquakes do not distinguish between old or new homes, why should policy-makers?
- Sustainable Communities
- informal settlements
- Affordable Housing
- safe housing
- housing policy
- Disaster Risk Reduction
- Disaster Risk Mitigation
- disaster risk management
- Urban Development
- Information and Communication Technologies
- Public Sector and Governance
- Private Sector Development
- Law and Regulation
- Climate Change
- Latin America & Caribbean
Since natural disasters can strike anywhere and anytime, making far-sighted preparations is much more effective than scrambling to respond to a crisis. I recognized this after Hurricane Mitch ravaged Honduras and my grandmother had to be evacuated because the local river swelled to the second floor of her home.
As climate change intensifies extreme weather events across much of the planet, countries are seeking the World Bank Group’s support to improve both their physical and financial resilience to disasters.
We are increasingly working with governments to devise sound financial planning and risk management before a disaster strikes, not just to assemble financing to help countries recover in its wake.
Market-based instruments – such as insurance -- can act as shock absorbers in case of natural disaster, helping countries avoid the worst of a crisis’ financial impact.