The Paris climate talks offer a once-in-a-generation opportunity to send the clear signal: We can build prosperity and support economic growth without carbon polluting the earth, and we must act with urgency because of a volatile, warming planet.
I believe political leaders from around the world will rise to this challenge in Paris. For us at the World Bank Group, we will help our client countries and companies make that transition to low-carbon and resilient economic development.
Jim Yong Kim's blog
WASHINGTON, November 13, 2015—The World Bank Group today issued the following statement from World Bank Group President Jim Yong Kim on the attacks in Paris.
"We condemn violence of all kinds and the attacks in Paris are an assault on collective humanity. We send our condolences to all the families of those who have died, to the people of France and its government. This kind of senseless attack is so difficult to comprehend, yet we must respond with unwavering commitment to what makes us human – coming to the aid of all around us, especially the most vulnerable."
- The World Region
ACCRA, Ghana — Energy rationing is popularly nicknamed “dum-sor,” or “on-off” in Ghana, an expression that people use to talk about the country’s frequent power outages. This is a challenge faced by countries across the region — sub-Saharan Africa loses 2.1% of gross domestic product from blackouts alone — and across the developing world.
While the lack of a consistent electricity supply is one of Ghana’s largest economic challenges, the truth is that the country has made progress in increasing access to energy. Today, about 75% of the country is connected to the national electricity grid. This is significantly higher than the regional average: only one in three people in sub-Saharan Africa has access to electricity.
In just six weeks, world leaders will meet in Paris to negotiate a new global climate-change agreement. To date, 150 countries have submitted plans detailing how they will move their economies along a more resilient low-carbon trajectory. These plans represent the first generation of investments to be made in order to build a competitive future without the dangerous levels of carbon-dioxide emissions that are now driving global warming.
The transition to a cleaner future will require both government action and the right incentives for the private sector. At the center should be a strong public policy that puts a price on carbon pollution. Placing a higher price on carbon-based fuels, electricity, and industrial activities will create incentives for the use of cleaner fuels, save energy, and promote a shift to greener investments. Measures such as carbon taxes and fees, emissions-trading programs and other pricing mechanisms, and removal of inefficient subsidies can give businesses and households the certainty and predictability they need to make long-term investments in climate-smart development.
In 1964, I came to the United States from South Korea, then an extremely poor developing country that most experts, including those at the World Bank, had written off as having little hope for economic growth.
My family moved to Texas, and later to Iowa. I was just 5 years old when we arrived, and my brother, sister, and I spoke no English. Most of our neighbors and classmates had never seen an Asian before. I felt like a resident alien in every sense of the term.
Too often, the conventional wisdom in diplomatic or scientific circles is that the general public doesn't know what's good for them when it comes to foreign policy or tackling global threats. It's too complicated, the experts say; the public wouldn't understand. Yet new polling suggests that many in the public understand very well how global infectious disease outbreaks pose a serious threat to their lives and economic security - and they know what should be done about it.
I work in one of the most rewarding fields imaginable – helping low- and middle-income countries develop so that poor people have a fair chance at reaching their full potential. My field of work is at a critical crossroads, and it is no exaggeration that the decisions we make this year will have an impact on everyone in the world and especially the poorest.
Yet, 121 million children today remain out of school. These young people are the hardest to reach—due to poverty, gender barriers, remoteness, and disability. We must make a new concerted push to bring all children into the classroom.
In addition to this challenge of improving attendance and access, we face an even tougher problem ahead: ensuring that children are learning while they’re in school. The sad truth is that most education systems are not serving the poorest children well. This is a tragic failure of our educational aspirations for the world’s youth.
To end poverty, we must address all forms of discrimination, including bias based on sexual orientation and gender identity. On the International Day Against Homophobia and Transphobia, I want to emphasize how crucial it is to fight prejudice and knock down barriers to education, jobs, social protection and good health faced by many people in the LGBTI community. When many among us cannot live up to our full potential, we all lose. Watch my video blog to learn more: