But this has come at a cost. The stress on our planet has been immense. Human beings have dramatically altered the climate, changed the chemistry of the oceans, and triggered mass extinctions. The impact has been so great as to define an entirely new geological era – the Anthropocene, turbo charged by a “great acceleration” of population, economic growth and natural resource consumption since the 1950s.
So what will the world be like for our children? By 2050, the population is projected to top 9 billion. People will probably live better and longer lives. Global GDP will likely triple; natural resource consumption will double. And the effects of climate change–some now inevitable–will be felt more strongly than they are today. Sea levels will be higher, weather more erratic, biodiversity less, and water and natural resources likely scarcer. People who live in poverty will be especially vulnerable to natural disasters, land degradation, water shortages, and shocks in food production.
Alaa Jundi, 27, from Tebbaneh outside Tripoli, Lebanon, didn’t have the chance to continue his education. But he loved the arts and had an ambition was of being an actor one day. After feeling hopeless that he had no opportunities, he took art classes that were part of a World Bank project to build his skills. “At first, I felt this was a dream, I was just participating to fill my time and practice my hobby.” But the skills he learned led him to opening an entertainment company with a colleague to host kids’ birthday parties and events.
When I was your age “checking your mail” meant walking to the post office and collecting letters, “tweet” meant the chirping of a bird, and “cloud” meant rain! Today, we live in a very different world.
Mozambique has achieved substantial poverty reduction during the last two decades, but the existing development model is running out of steam. When the civil war ended in the early 1990s, Mozambique was one of the poorest countries in the world. Since then, it has had relatively fast growth and the poverty headcount rate has declined steadily. However, the Jobs Diagnostic produced as part of the Let’s Work Mozambique Country Pilot shows that over the last 20 years, the pattern of growth has become progressively less inclusive. In this blog, we outline four possible strategies that could help accelerate the shift into higher value-added activities and better livelihoods for the mass of low-paid workers in Mozambique.
Forty percent of Egypt’s 104.2 million people are under the age of 18 according to the Central Agency for Public Mobilization and Statistics (CAPMAS), which means the country needs to create about 42 million jobs in the next 30 years to absorb them. Private sector job creation and entrepreneurship are vital for the country’s future development. The government of Egypt recognizes the importance of immediately creating a business environment that is conducive to entrepreneurship and private sector development.
According to The Africa Competitiveness Report 2017, Africa is forecasted to produce just 100 million new jobs by 2035, while the working age population is projected to grow by more than 450 million. The fastest population growth will occur in the 15 to 35-year-old demographic. This growing working-age population presents both an opportunity and a potential risk to Africa’s future prosperity. To ensure these new workers engage in productive livelihoods and prevent significant increases in extreme poverty and civil unrest, governments will need to enable job creation, including scaling cost-effective livelihood development programs targeting the extreme poor. Described below is a cost-effective approach which is yielding promising results and scaling through results-based financing.
Guest blog by: Margo Hoftijzer, formerly a Senior Economist in the Education Global Practice of the World Bank.
Work-based learning is a hot topic when discussing the transition of young graduates from school to work. Whether we talk about apprenticeships, dual vocational education and training, or work placements, it is recognized worldwide that there are strong benefits when students gain real workplace experience before they join the workforce.
The many benefits of work-based learning
When implemented effectively, students don’t only gain relevant practical skills, but they also strengthen essential socio-emotional skills, such as the ability to work in teams, problem solving, and time management. Firms benefit as well. They can tailor the programs to ensure that students acquire those skills that are most relevant for their enterprises, and they get to know their trainees well so that they can select the best for recruitment later. Moreover, during the period of work-based learning itself, firms benefit from the trainees’ contributions to the work processes of the enterprise, usually at low costs.
When we talk about the future of work, it is important to include perspectives, ideas and solutions from young people as they are the driving force that can shape the future. As we saw at the recent Youth Summit 2017, the younger, digitally-savvy generations —whether they are called Millennials, Gen Y, or Gen Z— shared solutions that helped tackle global challenges. The two-day event welcomed young people to discuss how to leverage technology and innovation for development impact. In this post, we interviewed —under a job-creation perspective—finalists of the summit's global competition.
- private sectors
- Social Entrepreneurship
- Youth Summit
- Agriculture and Rural Development
- Labor and Social Protection
- Information and Communication Technologies
- Global Economy
- Financial Sector
- Climate Change
- Latin America & Caribbean
- South Asia
- East Asia and Pacific
- South Africa
People not only have to deal with the physical and biological impacts of an illness, but also with the social and cultural stigma that accompanies it.
This was what Bhoomi and his family went through before they benefited from the Tamil Nadu government’s Mental Health Program (TNMHP).
A World Bank Group team set out to answer the questions: Who are Moroccan green entrepreneurs, and what is the entrepreneurial landscape they operate in? They found that:
Almost half of surveyed Moroccan green entrepreneur businesses are solo-run.
84 percent of surveyed entrepreneurs were self-funded at the early-stages.
54 percent of entrepreneurs identified a lack of access to market information as the biggest barrier to doing business in Morocco.
Those are just a few findings from their work on the first World Bank Group climate entrepreneurship ecosystem diagnostic in Morocco, a deep dive into the North African nation’s green start-up ecosystem.
The diagnostic, surveying more than 300 entrepreneurs and industry players, shines unprecedented insight into multiple facets of Morocco’s climate entrepreneurship ecosystem, and how different political, financial, and cultural forces play out to drive the sector.
In a highly visual format, a new report explores the top findings from the diagnostic, bolstering them with case studies, key facts, and graphics. The report uncovers interesting clues to Morocco’s strengths and challenges: Typical Moroccan green entrepreneurs are young, educated, and started their businesses because they wanted to be their own boss. These entrepreneurs work in diverse sectors — from green information technology to energy efficiency — and are creating and adapting technologies and solutions to solve some of Morocco’s greatest environmental challenges.