If you saw how poor I was before, you would see that things are getting better.
When I hear stories like that of Jean Bosco Hakizimana, a Burundian farmer whose life was transformed by a cow, I get excited about the change we can all make. Jean Bosco’s income is improving, his kids are eating better, his wife has some nice clothes, and his manioc fields are yielding better harvests — all thanks to the milk and fertilizer from this one cow.
A similar story is playing out in more than 2,600 communities across Burundi, offering new life to a people once decimated by civil war. These community agricultural programs sponsored by the International Development Association (IDA), the World Bank’s fund for the poorest, show that development doesn’t have to be that complicated and that collective effort can make all the difference.
Imagine you are a leader of an African country and your entire government budget for the year is $1.2 billion.
That same year, an investor sells 51 percent of their stake in a huge iron ore mine in your country for $2.5 billion — more than double your annual government budget.
And imagine having ordered a review into mining licenses granted by previous regimes and knowing that the investor who made the $2.5 billion sale had been granted a mining license in your country for free.
It's what happened in Guinea. It's a story I heard Guinea's president, Alpha Condé tell the G8's trade, transparency and taxation conference in London. And it's a story I thought well worth sharing at the UN Security Council's meeting on fragile states and natural resources last week.
KABUL -- On my first trip to Afghanistan as World Bank Group president, I met with many of the country's senior leaders, including President Hamid Karzai, as well as leaders in business and among women's groups. The challenges for Afghanistan, like many fragile or conflict-affected states, are huge, but it's critically important that we build on successes that we've achieved in the last decade. Learn more by watching the video.
This week in Doha, the marble corridors of the Qatar National Convention Center resonate with voices from around the world. Over half way through the UN Climate Change Conference, as ministers arrive and the political stakes pick up, a sense of greater urgency in the formal negotiations is almost palpable. But in the corridors, negotiations are already leading to deals and dreams and action on the ground.
UN Secretary-General Ban Ki-moon opened the discussions by saying we need optimism, because without optimism there are no results. He reminded us all that Superstorm Sandy was a tragic awakening. He reiterated the call for a second commitment period of the Kyoto Protocol, a global agreement and 100 billion in climate finance by 2020.
Meanwhile our focus was firmly on the region ...
- Yemen, Republic of
- Western Sahara
- United Arab Emirates
- Syrian Arab Republic
- South Sudan
- Saudi Arabia
- Iran, Islamic Republic of
- Egypt, Arab Republic of
- Middle East and North Africa
- Latin America & Caribbean
- Urban Development
- Culture and Development
- Communities and Human Settlements
- Agriculture and Rural Development
- food security
- Climate Change
- Ban Ki-moon
Earlier today, the bank hosted a film preview and panel discussion on maternal health and progress toward Millennium Development Goal 5, which focuses on reducing maternal deaths.
The film clip shown—part of a moving documentary titled “No Woman, No Cry”, directed by Christy Turlington Burns—tells the story of a pregnant Tanzanian woman facing a difficult delivery in a remote village. The local clinic is understaffed and ill-equipped for complicated cases, and finding transport to the nearest hospital is difficult and expensive.