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At IFC-Gates Foundation Event, A Call to Deepen Private Sector’s Impact on Poverty

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Available in: Español, عربي 

April 15, 2013--The private sector could play a key role in ending extreme poverty by 2030 by gathering high quality data and evidence of entrepreneurial impact in developing countries, speakers said at a conference organized by IFC and the Bill & Melinda Gates Foundation ahead of the World Bank-IMF Spring Meetings.

 

World Bank Group President Jim Yong Kim and IFC CEO Jin-Yong Cai of the Bank Group’s private sector  arm called the private sector an invaluable ally in a plan to reduce global extreme poverty to 3% by 2030, and foster income growth of the bottom 40% of the population in every country. Those targets will be proposed to the World Bank’s Board of Governors this weekend.

 

“There is no way that we’ll get there without a robust private sector that is creating the jobs that are critical to lifting people out of poverty,” said Dr. Kim at The Private Sector and Ending Poverty conference.

 

“The extent to which we commit to working with the private sector to foster growth will determine how ambitious we can be for the poorest people in the world.”

 

The event, attended by a cross-section of private sector companies, academics, think tanks, and foundations, was watched in Pakistan, Ghana, Albania, Venezuela and Colombia, among other countries, and followed on Twitter with #Results4Impact and #wblive.

Longreads: China 2013 Survey, Low Carbon Competitiveness, Pakistan’s Overseas Workers, the Great Chinua Achebe

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Find a good longread on development? Tweet it to @worldbank with the hashtag #longreads.

 

LongreadsChina’s prospects stirred interest as the BRICs met in South Africa and a new survey by the Organization for Economic Co-operation and Development found China on course to become the world’s largest economy by 2016. The OECD study says China has “weathered the global economic and financial crisis of the past five years better than virtually any OECD country” and should be able to continue catching up and improving living standards over the next decade.  While the OECD study says China needs to shift to more environmentally friendly modes of consumption and production, a new Climate Institute/GE Low-Carbon Competitiveness Index finds that France, Japan, China, South Korea and the United Kingdom are “currently best positioned to prosper in the global low-carbon economy.”

Climate Institute/GE Low-Carbon Competitiveness Index
Climate Institute/GE Low-Carbon Competitiveness Index

Longreads: Can Graphene Drive the Green Economy?, Women and Mobile Financial Services, With River Blindness ‘You Never Sleep’

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Find a good longread on development? Tweet it to @worldbank with the hashtag #longreads.

 

LongreadsA video about a “scientific accident that may change the world (or at least your battery life)” went “viral” in February.  Researchers at University of California, Los Angeles, found a way to make a “non-toxic, highly efficient energy storage medium out of pure carbon using absurdly simple technology,” says ReWire. The “graphene” battery is being touted as capable of “super-fast charging of everything from smartphones to electric cars,” according to ReWire. Responding to Climate Change (RTCC) asks whether the technology holds promise as a way to reduce greenhouse gas emissions. “Replacing heavier materials in vehicle manufacture with graphene, particularly in aircraft can lead to substantial fuel savings,” says RTCC.  Gizmodo anticipates how graphene could transform the gadgets of the future.

Quick Guide to International Women’s Day: Live Chat, Data, a Contest, Videos and More

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International Women’s Day 2013 comes at a time of heightened concerns globally about women’s safety in society—hence the day’s  theme: “A promise is a promise: Time for action to end violence against women.”  World Bank Group President Jim Yong Kim addresses the issue in a Huffington Post blog, and invites feedback from the public on ways to accelerate progress for women and girls.  You can ask questions and weigh in on the factors driving women’s empowerment in a live chat March 6 in English, French, and Spanish with Sustainable Development Vice President Rachel Kyte, and World Bank gender experts.  Find a complete list of World Bank International Women’s Day 2013 resources.

Participate

March 6 Live Chat: What Drives Empowerment?
11 a.m. EST (DC time), 16:00 GMT (Convert Time)

Post questions ahead of the chat for Sustainable Development Vice President Rachel Kyte, Gender and Development Director Jeni Klugman and other experts. Follow on Twitter with hashtag #WBLive.

Longreads: ‘Totally Drug-Resistant’ TB, Freshwater Losses in Middle East, Solar Wi-Fi in Kenya, Women’s Access to Justice

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Find a good longread on development? Tweet it to @worldbank with the hashtag #longreads.

 

Longreads“Totally drug resistant” tuberculosis in South Africa became a hot topic on Reddit with the release of a new paper in Emerging Infectious Diseases, a journal published by the U.S. Centers for Disease Control. The paper was cited in a popular US News and World Report story describing the struggle of health care providers to confront the problem, as well as one doctor’s personal battle with the bacteria.  For more on the response angle, check out the Wall Street Journal’s story about a plan by Brazil, Russia, India, China and South Africa to fight drug-resistant TB.

NASA image
Source: NASA

Longreads: Rise of Middle Class Jobs, ‘Real’ Birth of the Solar Industry, Ecosystem Modeling, Stranded on the Roof of the World

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LongreadsMiddle class gained on Twitter, with many people taking note of Thomas Friedman’s The Virtual Middle Class Rises. Friedman’s op-ed is about how cheaper computing is enabling people who earn only a few dollars a day to access the “kind of technologies and learning previously associated solely with the middle class.” Such access is driving social change and social protest, he says. It’s a trend also observed by sociologist and author Saskia Sassen in an interview with The Hindu, Why the Middle Class is Revolting, though Sassen’s vision is more pessimistic. Another trend—a  sharp, decade-long rise in “middle class” jobs in developing countries—is enlarging the middle class in the developing world and promises ultimately to drive global growth, says the International Labour Organization in a new study.  ILO says nearly 1.1 billion workers (42%) earn between $4 and $13 a day, which is middle class wages in the developing world.  The number of middle class workers in developing countries is expected to grow by 390 million to reach 51.9% by 2017.  The report notes, however, that “progress in poverty reduction has slowed” and the number of “near poor” is growing. Also check out the Guardian’s datablog on the report.

Workers by economic class, 1991-2011, developing world
Source: International Labour Organization

Longreads: Black Carbon, Combating Violence Against Women, Global Trends 2030, Boomtown Slum

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LongreadsSatellite images of Beijing’s smog have been popping up on Twitter and blogs as the city suffers shockingly high air pollution levels. Some bloggers point out Beijing’s black skies aren’t so different from pre-1960s London or Pittsburgh in their industrial heyday. Even so, a new study warns that the heat-trapping effect of “black carbon,” or soot, is second only to CO2. Yale’s Environment 360 explains why cutting it could “go a long way to slowing climate change.” Check out cities with high air pollution levels in the Guardian’s data visualization showing exposure to outdoor air pollution, mapped by city.


(Source: Guardian)

Concern over the brutal and fatal rape of a young woman in India continues to grow. Former UK Prime Minister Gordon Brown highlights a global online petition that has attracted more than a million signatures in “Without frontiers, young people mobilize for change.” On Twitter, plans for a February 14 worldwide event to raise awareness about violence against women are being spread using hashtag #1billionrising, For an academic read on the issue, check out a recent study, linked below, on combating violence against women, covering 40 years and 70 countries. It finds that the “mobilization of feminists…is the critical factor accounting for policy change.” What will the world be like 17 years from now? A new report by the National Intelligence Council -- Global Trends 2030 (pdf) -- is sparking interest. Harvard University Distinguished Service Professor Joseph S. Nye offers his take on the report’s “gamechangers” and megatrends. One key trend—urbanization—is keenly felt in Nairobi. The city’s Kibera slum is a place where “government is absent,” and where the economy is booming and incomes are rising, according to the Economist, adding it “may be the most entrepreneurial place on the planet.

Bloomberg, Kim on Need for Greener, More Efficient Transport in Cities

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World Bank President Jim Yong Kim and New York Mayor Michael Bloomberg speak outside the Transforming Transportation 2013 conference.

World Bank President Jim Yong Kim and New York Mayor Michael Bloomberg weighed in January 18 on what it will take to shape the future of cities — and cut pollution, road deaths, commute times, and poverty.

A large part of the answer: greener, more efficient and cost-effective urban transportation that is designed to move people, not cars.

“We have to start looking at other ways to move people. Traffic does hurt your economy,” Mayor Bloomberg said at the 10th Annual Transforming Transportation conference in Washington, D.C., hosted by the World Bank and EMBARQ.

With 90 percent of city air pollution caused by vehicles, finding transportation solutions also will help confront emissions that drive climate change, Dr. Kim added.

Longreads: Mobile Internet Traffic Gaining Fast, Polar Ice Melt Quantified, Africa’s Lions Declining, Best Small Ideas of 2012

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Internet + trends + mobile, along with an image depicting the rapid rise of mobile Internet access in India, gained on Twitter and the Web after venture capitalist Mary Meeker shared the findings of her new Internet Trends report with Stanford University students December 3.  A key finding of the Kleiner Perkins Caufield & Byers report—an update to one released in March—is that, “Mobile traffic is growing so fast globally that in some places it has already surpassed desktop traffic,” says CNET. Meeker also notes several ways we are re-imagining our lives because of rapid technological development and Internet access. Polar ice melt is the topic of a new research paper in Science, A Reconciled Estimate of Ice-Sheet Mass Balance, containing the “most definitive” estimate so far of polar ice melt over the last 20 years (11mm), says the BBC, noting that “sea-level rise is now among the most pressing questions of our time.”  Africa’s lion population has declined to as low as 32,000, down from nearly 100,000 in 1960, says a study led by Duke University researchers and funded by National Geographic’s Big Cats Initiative. In a short overview, Duke’s Nicholas School of the Environment also highlights the continent’s rapid loss of savannah ecosystems where lions live. Small innovations are “quietly changing the world in big ways,” says author Tina Rosenberg in Foreign Policy. Such ideas include “pay for performance” to get kids in school or keep young men out of jail, or helping people with cash or vouchers rather than food aid or refugee camps.

Longreads: Women and Political Power, Developing Countries Turn to Each Other for Conservation, Skills Are the Test of Progress

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Find a good longread on development? Tweet it to @worldbank with the hashtag #longreads.

The new Global Gender Gap Report by the World Economic Forum inspired tweets and stories all over the world, including this one in Bloomberg Businessweek highlighting the finding that women represent only 20% of elected officials.  Also check out the gender inequality data visualization in Slate.  Biodiversity and ecosystems popped up on Twitter during the UN biodiversity meeting in Hyderabad, India, in October. While developed countries doubled pledges for conservation, India also made headlines when it announced a $50 million grant to help developing countries preserve biodiversity. The move, along with other examples of recent conservation efforts by emerging countries, hints of a future in which larger developing economies “play a more active role in saving the environment – not just at home, but also abroad,” reports the New York Times blog, India Ink.  With global youth unemployment at critical levels, a new Education for All Global Monitoring Report finds that 20% of young people in developing countries don’t have enough education or skills for work.  Kwame Akyeampong, an Education for All senior policy analyst, looks at the situation for themost vulnerable and disadvantaged youth in his native Ghana in an Al Jazeera opinion piece.  Once available only to paid subscribers, academic research papers are now increasingly accessible through open access publishing, according to a story in The Guardian. “The exponential rise in open access publishing shows no sign of slowing down,” writes Stephen Curry, a professor of structural biology at Imperial College. 

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