To do this, we rely heavily on macroeconomic data from the national statistical office, the Ministry of Finance, the Central Bank and other sources. While this sounds straightforward enough (given it’s what economists around the world do when they compile their latest economic assessments) – it’s a rather indirect way to assess the issue.
Europe and Central Asia
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The number of vehicles on the world’s roads is on pace to double to about 1.7 billion by 2035. Pair that with a rapidly urbanizing population – six in 10 of us are likely to live in cities by 2030 – and the world’s cities have a transport problem in the making.
It’s also an opportunity, one that cities, particularly the fast-growing urban centers in developing countries, must take now.
Those that build efficient, inclusive urban transport systems can connect their people with jobs, health care, and education. They can reduce congestion, and they can limit carbon emissions that are contributing to climate change.
With a double dip recession––after just two years of sluggish recovery––now taking hold across the Western Balkans it is time for policy makers to begin looking at ways the ongoing financial crisis can be leveraged to bring about lasting fiscal reform in these countries. After just two years of sluggish recovery, these countries as a group––Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro, and Serbia––are experiencing a drop in real GDP by 0.6 percent and it is now clear that the road to recovery in 2013 will be arduous.
Photo: A teacher and school class stand at a cyclone shelter in rural Bangladesh. Stephan Bachenheimer/World Bank
Al Gore’s Climate Reality Project launches its “24 hours of Reality: Dirty Weather Report” today. It’s a global online multimedia event that seeks to demonstrate how climate change is manifesting itself around the world, showcasing countries, communities and individuals leading through innovative solutions.
Deep inside the ICRISAT campus just outside Hyderabad, there are two sub-zero rooms that house the seeds of 120,000 plants from over 100 countries and 120,000 chances to change poor farmers' lives. The rows of plastic containers and freeze-dried metallic packages resemble a huge and very cold medicine cabinet.
These seed banks, or genebanks, hold the keys to growing more productive, hardier, healthier food crops that could help feed the 9 billion people who will be living on Earth by 2050. Scientists use the collection to map characteristics that enable individual plants to withstand water shortages, pests, and disease, or increase yields and nutrient levels. Over 800 improved crop varieties have been developed from this seed bank and now grow in 79 countries.
ICRISAT is the international crop research institute for the semi-arid tropics and one of 15 CGIAR research centers. Scientist here work on sorghum, millet, chickpeas, pigeon peas, and ground nuts - the food crops that smallholder farmers from the driest parts of the world depend on for their survival.
A walk through the campus reveals the power and potential of international research.
At a time when all decision-makers around the world can think about is the state of their country’s economy, debt, spending and fiscal stability, one phrase attempts to sum it all up: it’s arithmetic.
In Armenia, it is all about arithmetic too.
Despite the volatility of Armenia’s economy in the twenty years since the country gained independence, effective government reforms led to double-digit growth rates from 2001 to 2007. That ended with the global financial crisis in 2008.
Ten years ago, the World Bank and the government of Norway launched an ambitious project to drastically reduce greenhouse gas emissions from a source few people thought much about. If you’ve driven past oil fields at night, you’ve seen the flames from gas flaring. But you might not have realized just how much greenhouse gas was being pumped into the dark – and how much of a natural energy resource was being wasted in the process.
Half a dozen major oil companies joined us in 2002 in creating the public-private Global Gas Flaring Reduction partnership, and we began working together to reduce the flaring. More than 30 government and industry partners are on board today.
Together, we have achieved a great deal in just the first decade.
Sometimes, international convention meetings can be heart-breakingly slow-moving. The Convention on Biological Diversity (CBD) – one of the three conventions born after Rio in 1992 to drive sustainable development – which has been meeting in Hyderabad in India this week, is no exception. I’ve seen tough negotiators from all corners of the Earth emerge from conference rooms wearing pained expressions.
It’s outside the negotiating rooms – where the major topic of the moment is how to mobilize the financial resources needed to meet the CBD’s ambitious Aichi Targets – where things are a lot brighter.
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The success of the Amazon Region Protected Areas Program (ARPA) drew a crowd here in Hyderabad at the UN Convention on Biological Diversity meeting. This effort by the government of Brazil – supported by the World Bank, the Global Environment Facility, WWF, and the German Development Bank (KfW) – is protecting almost 60 million hectares of rainforest, an area roughly the size of France and Belgium combined.
Speakers from the governments of Brazil and Germany, as well as from the GEF and foundations, all agreed that ARPA’s results are impressive: Between 2004 and 2006, ARPA accounted for 37 percent of Brazil’s substantial decrease in deforestation, and the program’s first 13 new protected areas will save more than 430 million tons of CO2 emissions through 2050.
Don’t just believe me. Listen to the Rwandan farmers whose now-terraced hillsides are getting higher yields, producing better nutrition, and improving their livelihoods.
Japan and the Republic of Korea are among those convinced that GAFSP is a good investment in food security. Inspired by a challenge from the Unites States, Japan and South Korea just pledged an additional $60 million to GAFSP at a meeting in Tokyo held in conjunction with the World Bank and IMF Annual Meetings.
The United States announced that it was prepared to contribute an additional $1 to GAFSP for every $2 contributed by other donors, up to a total of $475 million.
Why is GAFSP so successful?
- food security
- gates foundation
- global agriculture and food security program
- Communities and Human Settlements
- Agriculture and Rural Development
- The World Region
- South Asia
- Middle East and North Africa
- Latin America & Caribbean
- Europe and Central Asia
- East Asia and Pacific
- United States
- United Kingdom
- Sierra Leone
- Korea, Republic of