While many impacts of climate change are already evident around the world, the worse is still to come. Having a clear picture of future risks is essential to spur action now on a scale that matches the problem. The World Bank has prepared the following infographic to communicate the risks for one of the world’s most vulnerable countries—Bangladesh.
The data comes from the 2013 World Bank report Turn Down the Heat: Climate Extremes, Regional Impacts, and the Case for Resilience. This report combines a literature review and original scientific modeling to build on a previous effort that found that the world will become 4°C (7.2°F) hotter during this century in the absence of deep and fast cuts to global carbon emissions. In this scenario, hotter local temperatures, greater water challenges, higher cyclone risks, and lower crop yields will create a hotspot of risks for Bangladesh.
Bangladesh already has a hot climate, with summer temperatures that can hit 45°C. Heat waves will break new records in a 4°C hotter world, with 7 out of 10 summers being abnormally hot. Northern Bangladesh will shift to a new climatic regime, with temperatures above any levels seen in the past 100 years and monthly deviations five to six times beyond the standard.
The World Bank’s vision is a world free of poverty. As this statement suggests, it is rare that we tackle a problem that is not grounded in poverty. Today, on World Wildlife Day, it is our imperative to draw attention to one such issue, an issue that does not stem from poverty but rather comes from greed and neglect. Today, we take on poaching.
The illegal capture and killing of wildlife takes place primarily in developing countries but it is not an issue born out of poverty. The criminological community has disproved the notion that poverty causes crime and found rather that many crimes are opportunistic. In the absence of poverty, crime lives on. This is true of wildlife crime as well, as discussed by World Wildlife Fund experts in a recent interview.
Africa’s population grew at an average annual rate of 2.6 percent between 1950 and 2014, much faster than the global average of 1.7 percent as estimated from UN population projection data. During this time, the region experienced a demographic transition, moving from a period of high mortality and fertility rates to one of lower mortality, yet still high fertility rates. Other regions, most notably East Asia, took advantage of their transitions to accelerate growth, and reap a so-called ‘demographic dividend’. Africa is now being presented a similar opportunity.
On Friday, February 27, CGAP, IPA, JPAL and the World Bank will host a full-day event to share the latest evidence from six randomized controlled trials across six countries. The event will feature the results presented by the researchers themselves, followed by a discussion on what this evidence means for policy and practice.
The impact of microcredit has been widely debated for the past decade, and has been both vilified and celebrated as a development tool. This new set of RCTs goes a long way toward confirming what many have suspected, but argued without much evidence, in recent years: that while microcredit can benefit some, the effects on poverty are modest, not transformational. Microcredit is but one tool in a multi-dimensional approach to addressing the multi-dimensional nature of poverty.
Every year World Bank Group conducts country opinion surveys (COS) to better understand how its work is being perceived on the ground. These surveys help World Bank Group improve its operations, results, and bolster its engagement with countries.
These surveys also allow the Bank Group to get a sense of development priorities, and what kind of projects people think can contribute to poverty reduction and shared prosperity. We looked at these surveys to see how survey respondents view governance’s role in reducing poverty and whether they view governance as a development priority.
Survey respondents are opinion leaders who typically come from national and local governments, media, academia, the private sector and civil society. They are also from multilateral/bilateral agencies.
As you can see in the maps below, for example, in the 2014 survey, in Zimbabwe, 40% of respondents believed governance should be the top development priority and 34% of them believed that governance is the top contributor to poverty reduction.
Until now, the gap between rich and poor in the Middle East and North Africa has seemed—statistically at least—narrower than in many other regions of the world. Digging up data on wealth that has been squirreled abroad and hidden from the public eye, though, changes that.
As many middle-income countries are moving towards embracing cash transfers with or without co-responsibilities attached (and the recent hype of handing cash directly to the poor), there is an important wave of programs that provide “cash plus” intervention.