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What’s an ambitious but realistic target for human capital progress?

Zelalem Yilma Debebe's picture

Globally, 56 percent of children live in countries with Human Capital Index (HCI) scores below 0.5. As these countries gear up to improve their human capital outcomes, it is vital to set a target that is ambitious enough to prompt action and realistic enough to be achieved. One way to get at this is to examine the historical rate of progress that countries demonstrated to be possible.

Using time-series data between 2000 and 2017, we estimated countries' progress in the health components of HCI (fraction of children not stunted, child survival and adult survival) using a non-linear regression model. [1] Our measure of progress is the fraction of gap to the frontier that is eliminated every year- the frontier being 100 percent child and adult survival, and no stunting.,[2]

We address the following two questions:

  1. What is the typical progress in the health components of HCI observed globally?

Between 2 Geeks: Episode 5 - A renewable energy tipping point?

Tariq Khokhar's picture

Which World Bank financed project can you see from space, and on Leonardo DiCaprio’s Instagram?

As Raka and I found out in this episode, it’s the “Noor Ouarzazate Concentrated Solar Power Plant” in Morocco - an epic energy project that’s part of the country’s plan to have 42% of its energy mix come from renewables by 2020.

Seriously, it’s epic: just look at these pictures from CNN and this World Bank video.

Renewable energy seems to be getting cheaper than ever, and we ask the question: are we reaching a “tipping point” where renewable energy is cheaper to produce than energy from fossil fuels.

In our discussion with Mafalda Duarte, head of the $8.3 billion Climate Investment Funds (CIF), I learned that renewable energy (in this case, concentrated solar power) is a bit more complicated than just finding somewhere sufficiently sunny or windy. For example, the concentrated solar power (CSP) technology being used in Noor Ouarzazate is relatively new and so more expensive. With the investment CIF is making, the cost of the CSP technology can be driven down, and the tipping point reached faster for other countries wanting to adopt the technology.

So what are the issues of geography, politics, technology and economics when it comes to large scale renewable energy, and how can we influence them to help countries reach the tipping point where renewable energy becomes the best option?

This episode of Between 2 Geeks is hosted by Tariq Khokhar & Raka Banerjee, and produced by Richard Miron. You can chat with us on twitter with the hashtag #Between2Geeks, listen to more episodes on the World Bank Soundcloud Channel and subscribe to “World Bank’s Podcasts” in your podcast app or on iTunes.