World Bank Voices
Syndicate content

Why poaching is not “a poverty problem”

Valerie Hickey's picture
Also available in: Français | Español

The World Bank’s vision is a world free of poverty. As this statement suggests, it is rare that we tackle a problem that is not grounded in poverty. Today, on World Wildlife Day, it is our imperative to draw attention to one such issue, an issue that does not stem from poverty but rather comes from greed and neglect. Today, we take on poaching.
 


The illegal capture and killing of wildlife takes place primarily in developing countries but it is not an issue born out of poverty. The criminological community has disproved the notion that poverty causes crime and found rather that many crimes are opportunistic. In the absence of poverty, crime lives on. This is true of wildlife crime as well, as discussed by World Wildlife Fund experts in a recent interview.

Islamic sukuk: A promising form of finance for green infrastructure projects

Michael Bennett's picture
Also available in: العربية
Casablanca traffic. Arne Hoel/World Bank


Three trends in the  global financial market are converging to make sukuk, the Islamic financial instrument most similar to a conventional bond, a potentially viable form of finance for green investments: (1) banks are reluctant to finance infrastructure due to stricter capital requirements; (2) an increasing number of investors are interested in ‘environmentally sustainable investing’ (in other words, investing to promote activities seen as positive for the environment); and (3) the market for sukuk  is growing significantly. While these three trends are distinct and not obviously related, taken together, they create a market opportunity for sukuk to be used as a tool to finance environmentally sustainable infrastructure projects.
 
The need for significant infrastructure spending is obvious in both developed and developing countries. From crumbling transportation infrastructure in the United States to inadequate power generation capacity in India, the evidence is clear that improving infrastructure is a global priority. At the same time, popular concern about climate change and the detrimental impact of increasing greenhouse gas emissions has also made improving infrastructure in an environmentally sustainable manner a priority.

#EachDayISee Instagram photo contest finalists and National Geographic honorable mentions

Mario Trubiano's picture
Also available in: Français | Español | العربية

The #EachDayISee photo contest wrapped up on February 13, having received more than 1,400 submissions. To say that the number and quality of the entries exceeded all our expectations would be an understatement. We asked you to share your view of the world, and the visual stories we received from every region were breathtaking. Beyond the photos themselves, most submissions included detailed captions that set the context and helped viewers understand the stories behind the photos.

When less is more: How Serbia could deliver better justice with fewer judges

Georgia Harley's picture
When less is more: How Serbia could deliver better justice with fewer judges
 
In courts across Europe, there is a common refrain: “we need more judges!” Your court has a backlog? Many hands will make light work. Your courts are out of touch? Let’s bring in some new blood.
 
Serbia, however, has the opposite problem. Serbia has too many judges. And the implications for system performance, service delivery, and justice reform are significant.
 
How many is too many?
 

What the world can learn about sustainable food systems from Ireland's 'Origin Green'

Juergen Voegele's picture
To feed up to 9 billion people by 2050, the agriculture sector will need to produce about 50% more food.
 
But the natural resources needed to grow food are overstretched, and in many cases, severely depleted. Agriculture is also vulnerable to climate change and a changing climate could reduce crop yields by up to 25%. At the same time, agriculture is a big contributor to the climate problem, generating close to a quarter of greenhouse gas emissions. Without targeted interventions, that number could rise further, threatening the world’s food supplies.
 

Rain and shine: Deliberations in Istanbul on the impact of oil prices

Ulrich Bartsch's picture
On a recent rainy Saturday in Istanbul, the mood was so gloomy that a roomful of macro-economists were at pains to admit that the sharp fall in the oil price since June 2014 would actually benefit a lot of people. On display was an impressive assortment of "two handed economists", who saw almost as many losers as winners. They cited negative effects on fiscal balances in oil exporting countries, investment declines because of uncertainty, and demand shortfalls in countries in which consumers are still deleveraging after the Global Crisis. In addition, the gains in many countries would be tempered by government interventions, which may reduce subsidies or raise taxes without translating fiscal space into higher spending.

Recent Floods in Malawi Hit the Poorest Areas: What This Implies

Stéphane Hallegatte's picture
 
Malawi flood map 2015


By Stéphane Hallegatte, Mook Bangalore, and Francis Samson Nkoka

Malawi is no stranger to significant flooding. In January 2012, floods affected more than 10,000 people and caused US$3 million worth of damage to households and infrastructure. But this year’s floods are much larger in magnitude, even unprecedented.

Beginning in early January, heavy rains triggered significant flooding in the southern and eastern districts of the country. The districts which experienced the largest impacts include Nsanje and Chikwawa in the south and Phalombe and Zomba in the east. So far, the flooding has affected more than 600,000 people, displaced over 170,000, and damaged agricultural crops covering more than 60,000 hectares.

While aggregate numbers and economic cost indicate the seriousness of the event, it is critical to look at exactly who is affected in the country. We have found that the poorest are on the front line.

Can Court Fee Waivers Open the Door for Justice in Serbia?

Georgia Harley's picture
The courts are open and justice is blind, or so they say. But if you’re poor, the courts may be beyond your reach. How can you protect your rights if you cannot afford to walk through the door of the courthouse?

In many countries, courts offer to waive their fees to anyone who can demonstrate that they cannot afford them.

Whilst it is true that fee waivers will not overcome profound barriers to access to justice, they do provide an important safety net for the poor to access essential services. And by helping the poor to pursue their rights, the courts can help to level that unequal playing field that is the courtroom.

In Serbia, providing court fee waivers are particularly pertinent.
 

Pages