The World Region
Around 1 billion people worldwide are estimated to live with some form of disability, and for 185 million of those, they are severe enough that they have serious difficulty functioning.
As the World Bank renews its commitment to doing more to support people with disabilities, I thought I’d take a moment to reflect on the evolution of my own thinking on disability. When I was in my teens I thought of disability in black and white terms – there were people with disabilities and there were others, without.
As I grew up in a small town (by Indian standards) in northern India, my perspectives began to evolve, both through routine observation of the numerous failings of people we see as “able”, and through highly inspiring interactions with people who had so called “disabilities”. I must say I am in a very different place today than I was as a child.
Under the agreement, Liberia and Norway will work together to improve the framework for forest governance, strengthen law enforcement and support efforts to reduce greenhouse gas emissions from deforestation and forest degradation in Liberia. Improved governance and adequate law enforcement in the forest sector and agriculture impede further destruction of Liberia’s rainforests and aim to avoid illegal logging and unsustainable agricultural practices. In a country where timber was once used to purchase weapons and helped fuel a devastating civil war, the partnership holds promise to reduce carbon emissions related to deforestation and forest degradation, facilitate green growth and enhance livelihoods.
Liberia has a population of approximately 3.5 million people and 4.5 million hectares of lowland tropical forests—one of the largest contiguous forest blocks that remains in West Africa. Liberia’s forests are also widely recognized as a global hotspot of diversity, boasting flora and fauna (like pygmy hippos) that is both rare and at risk.
Liberia plans to conserve 30 percent or more of its forests as protected areas with the remainder to be used for sustainable forest management and community forestry.
The forecast for climate change has been undeniably altered overnight — positive news for the planet and for economic growth.
U.S. President Barack Obama and Chinese President Xi Jinping, the leaders of the world's two largest economies and two largest emitters of pollutants into the atmosphere, demonstrated that, together, they are leading the global fight against climate change.
Their commitments are an absolutely essential first step if we are to hold the warming of the planet under 2 degrees Celsius, and avoid the disastrous consequences of an even more uncertain world. China committed to an emissions peak by 2030, with 20 percent of its energy coming from renewable sources, and the United States agreed to reduce its emissions by 26-28 percent below 2005 levels by 2025. Importantly, they agreed to expand their joint clean energy research and development.
When I got that quote by the French philosopher tattooed on my arm, I wasn’t thinking about world poverty. I wasn’t thinking about the environment or peace or conflict or starvation or social justice. In fact, aside from puzzling over which recycling bin my coffee cup goes in, I didn’t think about much outside of my own world. Like so many others, I have plenty of my own problems to worry about, let alone ending world poverty. It’s easy to get caught up in our own lives. That daily crush of details — getting to work on time or paying the bills — can swallow up years. But if everyone only focused on what’s happening in their own world, then nothing would ever get better.
“Growing a Green Bond Market in Mexico: Issuers and Investor Summit” was held Oct. 27 in Mexico City, organized by the International Finance Corporation (IFC), the Asociación de Bancos de México, HSBC, and Crédit Agricole. The timing could not have been better. Although the first green bonds were issued in the last decade, their popularity has exploded in recent years. According to estimates, the market will be a $40 billion one this year, a figure that represents a fourfold increase relative to last year.
A green bond is a financial market debt instrument. Its uniqueness lies in the commitment of the issuer to channel the funds raised exclusively toward green projects, that is, projects that have a positive impact on climate change and involve both renewable energy and energy efficiency.
In a sector that is scarce and expensive to begin with, corruption can mean the difference between life and death.
I recently attended the World Bank Group’s second annual Youth Summit, developed in partnership with the Office of the United Nations Secretary-General's Envoy on Youth. The event, hosted thanks to the leadership and initiative of young World Bank Group employees, focused on increasing youth engagement to end corruption and promote open and responsive governments. In the wake of the Ebola crisis, and amidst some very eager, idealist, and passionate conversations, I couldn’t help but think about the price of corruption in health.
Many have argued that decades of corruption and distrust of government left African nations prey to Ebola. Whether in Africa or any other continent, it should come as no surprise that complex, variable, and dangerously fragmented health systems can breed dishonest practices. The mysterious dance between regulators, insurers, health care providers, suppliers, and consumers obscures transparency and accountability-based imperatives. As the recent allegations about Ebola-stricken families paying bribes for falsified death certificates illustrate, when it comes to health, local corruption can have serious consequences internationally.
As we mark World Food Day, here’s a sobering thought: Too many people are hungry.
One in nine people suffer from chronic hunger, more than 1 billion people are undernourished, and 3.1 million children die every year due to hunger and malnutrition. This is a huge drain on development--when people are hungry and malnourished, they are less able to improve their livelihoods; adequately care for their families; live full and healthy lives and lift themselves out of poverty.
The problem is set to intensify in the future, as the population grows, climate change affects how we produce our food and the natural resources that help feed the world are stretched even further. We aren’t feeding the world as well as we should be in 2014. How can we do better in the future, when the world will need to feed and nourish 9 billion people in 2050?
Having an identity is part of living in a modern society, and the key to accessing public services, bank accounts, and jobs. But how should developing countries with tight budgets go about building a national system that records births and deaths and establishes identities?
A panel including representatives from Ghana, Moldova, and Canada explored that question and related issues Friday at Making Everyone Count: Identification for Development, during the World Bank-IMF Annual Meetings. The event was live-streamed in Arabic, English, French, and Spanish and moderated by Kathy Calvin, president and CEO of the United Nations Foundation.
The idea of “Inclusive growth” and how to achieve it was talked about a lot in the days ahead of the 2014 World Bank-IMF Annual Meetings. Among the solutions on the table was a new initiative that could help unlock billions of dollars for infrastructure and improve the lives of many.
About 1.2 billion people live without electricity and 2.5 billion people don’t have toilets. Some 748 million people lack access to safe drinking water. The Global Infrastructure Facility (GIF) announced by World Bank Group President Jim Yong Kim this week hopes to lower these numbers by developing a pipeline of economically viable and sustainable infrastructure projects that can attract financing.