Against the backdrop of catastrophic natural disasters that struck in Indonesia, the World Bank Group and IMF Annual Meetings took place last week in Bali. No scene could be more illustrative of the fragility of infrastructure in the face of more extreme and frequent weather events—and the urgent need for meticulous planning, with an eye for resilience.
The global water crisis is a crisis of too much, too polluted and too little. At the World Bank, our job is to find and implement solutions to tackle this crisis. In the “Water Solutions” blog series, you’ll read about World Bank-supported projects in different countries which demonstrated solutions to the world’s most pressing water issues, to fulfill our vision for a water-secure world.
It is rainy season again in the Philippines, and typhoons and tropical storms are hitting the country again at regular intervals. The worst such event this year so far in Metro Manila occurred the weekend of August 11-12, when Tropical Storm Karding (international name Yagi) brought excessive monsoon rains and submerged large areas of Metro Manila, forcing tens of thousands of people to evacuation centers. It was not just the rains that caused the severe flooding as solid waste was equally to blame. Many waterways and drains are clogged with solid waste, which does not allow water to freely flow to outlets and pumping stations.
Against a milieu of changing PPP enabling environments in the Middle East and North Africa (MENA), a public-private partnership (PPP) forum took place last month in Dubai focusing on anchoring partnerships and unlocking the potential of PPPs in delivering the national visions that will drive MENA’s future economic growth.
For a family, having a place to call home is everything. Housing tends to be a family’s most important asset – often, in fact, their only asset, especially for the poor. But more than a home, housing is also the workplace, collateral for loans and an important vehicle for job creation. In the U.S., housing contributes more than 15% of the GDP.
The dream of housing, however, can quickly turn into a nightmare – for both families and for governments. Disasters can erase decades of progress in reform and poverty reduction in a matter of seconds, hurting the poor and vulnerable the most. A review of the World Bank’s Post-Disaster Needs Assessments (PDNAs) since 2000 shows that housing comprises 40%-90% of damages to private property.
The IMF/World Bank Group Annual Meetings is an event you won't want to miss. Join us for a week of seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world's financial system. This year's events will take place in Nusa Dua, Bali, Indonesia, October 8-14, 2018.
Find out why the World Bank, countries, and partners are coming together to try to close the massive human capital gap in the world today.
The World Bank Group, the International Monetary Fund, and the Government of Indonesia are also co-sponsoring a first-ever technology fair to bring innovation to the heart of the Annual Meetings.
This three-day “showcase” will feature 28+ innovators – companies from around the world – who will demonstrate the powerful role that technology can play in spurring development, strengthening financial development and inclusion, and improving health and education outcomes. The 2018 Innovation Showcase will run from October 11-13 in the Bali International Convention Center.
So, We've got you covered on Facebook, Twitter and Instagram!
The 2016 monsoon was much heavier than usual affecting almost all of Bhutan, especially in the south.
Landslides damaged most of the country’s major highways and smaller roads. Bridges were washed away, isolating communities.
The Phuentsholing -Thimphu highway which carries food and fuel from India to half of Bhutan was hit in several locations, and the Kamji bridge partially collapsed, setting residents of the capital city and nearby districts into panic for fear of food and fuel shortages.
Overall the floods drove down Bhutan’s gross domestic product by 0.36 percent.
“Uncertainty is the only certainty there is.” This quote is attributed to the mathematician Jean Allen Paulos but could also capture the feeling of development practitioners trying to find ways to effectively support people and institutions in countries affected by fragility, conflict and violence (FCV).
Interestingly, straws make up a fairly small share of the overall plastic pollution in our oceans, especially compared to other sources of plastic waste such as fishing nets and gear. Still, every small piece of plastic that does not end up contaminating the environment is a win. But what’s truly remarkable here is how the global community rallied behind a simple and impactful change, and then followed through with it.
The whole campaign about plastic straws and the quick reaction that ensued got me thinking about what a “plastic straw moment” could look like for the transport sector. What small change can we all take to get the world to rally behind transport?
- Awareness Raising
- Awareness Campaigns
- advocacy campaign
- behavior change
- transport accessibility
- safe transport
- green transport
- road safety
- low-carbon mobility
- low-carbon transport
- sustainable mobility
- sustainable transport
- Sustainable Communities
- Urban Development
- Climate Change
In 2011, Bangladesh and India flagged off the first of their border haats, representing an attempt to recapture once thriving economic and cultural relationships that had been truncated by the creation of national borders.
Border Haats are local markets along the Indo-Bangladesh border that stretches 4100 Kms and runs through densely populated regions.
Conceived as Confidence Building Measures between India and Bangladesh, 4 Border Haats were set up between 2011 and 2015.
- Balat (Meghalaya) – Sunamgunj (Sylhet)
- Kalaichar (Meghalaya) – Kurigram (Rangpur)
- Srinagar (Tripura) – Chagalnaiya (Chittagong)
- Kamalasagar (Tripura) – Kasba (Chittagong)
Initially only local produce was permitted for trade. But subsequently, the range of items has been broadened to include goods of household consumption.
But border haats are not only about trade.
A decade of strong economic growth helped Bangladesh reach lower middle-income status while sharply decreasing its poverty rate, a remarkable achievement. But like many countries in the world, such progress has come at considerable environmental cost.
The monetary cost to the Bangladeshi society of environmental degradation in urban areas, measured in terms of foregone labour output was equivalent to about one percent of the Gross Domestic Product (GDP) annually. If one takes into account the broader welfare impacts of mortality attributed to environmental risks, the economic cost is equivalent to 3.4 percent of the national GDP. Noncompliant industries and inadequate waste management of hazardous and nonhazardous materials are polluting the cities' air as well as surface and ground water. The study also indicated that many rivers around Dhaka are polluted.