This year, the World Bank’s spring meetings are offering a rare opportunity for the heads of the United Nations, the World Bank Group, and the IMF to jointly talk to finance ministers from around the world about the critical importance of inclusive green growth and careful stewardship of the Earth’s natural resources.
The venue is a breakfast meeting this morning with over 30 national finance ministers. The meeting will be private – and powerful. We’re hoping for an open and frank discussion among ministers on how to achieve concrete outcomes at the UN Conference on Sustainable Development, Rio+20, in June.
From left, Robert B. Zoellick, President, The World Bank; Corazon “Dinky” Juliano Soliman, Secretary of the Department of Social Welfare and Development, Philippines; Romulo Paes de Sousa, Vice Minister of Social Development and Fight Against Hunger in Brazil; Michael Elliott, President and CEO, ONE; Dikembe Mutombo, NBA Global Ambassador; Maurice "Mo" Evans, Washington Wizards. Photo: Simone D. McCourtie / World Bank
Safety nets are needed more than ever to stave off malnutrition, illiteracy and disease in an increasingly uncertain world, but many of the most vulnerable people still lack coverage.
That was the main message of an April 18 live event, Close the Gap: Safety Nets Work, held at the World Bank in Washington in the lead-up to the World Bank-IMF Spring Meetings. The event, which was webcast and live-blogged in English, French, Spanish and Arabic, followed the release of a new World Bank Social Protection and Labor strategy calling on countries to invest in stronger social protection and labor systems.
An online audience sent feedback and questions to a panel including World Bank President Robert B. Zoellick, ONE President and CEO Michael Elliott, high-ranking officials from Brazil and the Philippines, and two basketball stars. They were flanked by banners urging people to “act equal,” “create jobs,” and “protect the vulnerable with safety nets.”
As a child, I loved fire engines.
In this, of course, I wasn’t any different from millions of other young boys across the world. I loved the bright red machines of my Calcutta youth – which sped to the scene of a fire, with shiny bells clanging, firemen quickly unrolling the long hoses, connecting them to the water hydrant at the roadside, and then spraying down the conflagration with great jets of cooling water.
So what does this have to do with social safety nets?
Sustainable development is built on the triple bottom line: economic growth, environmental stewardship, and social development - or prosperity, planet, people. Without careful attention to all three, we cannot create a sustainable world.
In the 25 years since sustainable development was coined as a term, there has been progress, but the pathway to sustainable development must now be more inclusive green growth.
- The World Region
- Urban Development
- Labor and Social Protection
- Social Development
- Science and Technology Development
- Public Sector and Governance
- Private Sector Development
- Information and Communication Technologies
- Culture and Development
- Communities and Human Settlements
- Agriculture and Rural Development