Today, three countries – Norway, the United Kingdom and the United States – pledged $280 million to the World Bank’s BioCarbon Fund, kicking off a groundbreaking initiative for sustainable forest landscapes.
Their significant commitment to land and forest preservation is important for two reasons.
The new Initiative for Sustainable Forest Landscapes will manage landscapes in a holistic fashion by working across sectors, rather than in “silos.” It also brings in the private sector already in the design phase, recognizing that many private firms are committed to “greening” and securing their supply chains from the impact of climate change.
Even though it was windy and dark outside, Vivien Suerte-Cortez was smiling and full of energy on the stage. Suerte-Cortez is an accountability and transparency expert from the Philippines. Dressed in her gray jacket, she started to talk about Citizen Participatory Audit (CPA), a project in the Philippines that encourages citizens to participate in the audit process for government projects and explores how to ensure efficient use of public resources by the government.
About "Notes From the Field": With this occasional feature, we let World Bank professionals who are conducting interesting trade-related projects around the globe explain some of the challenges and triumphs of their day-to-day work. The views expressed here are personal and should not be attributed to the World Bank. All interviews have been edited for clarity.
The interview below was conducted with Ian Gillson, a Senior Trade Economist in the World Bank’s Poverty Reduction and Economic Management (PREM) network. Before coming to the World Bank’s headquarters in Washington, D.C., Mr. Gillson worked in Malawi and the United Kingdom on issues surrounding preferential trade between developed and developing countries, trade-related taxation systems, trade in services and agricultural trade. He spoke with us about his work managing a World Bank trust fund that supports trade-related assistance to poor countries around the globe.
It has been seven months since I joined The World Bank as a Lead Education Specialist coordinating their work on tertiary education. During this short period, I have met with people from across the globe, read a variety of reports, and participated in technical review meetings and missions with government officials and institutional leaders. In summary, I have been learning as fast as I can, about how this fascinating but complex organization operates, and about its unique contribution (not exempt from controversy) to development in the world.
These past few months have taken me across the world, from Latin America, to the Middle East, Africa, South East Asia, and Europe, on a journey that has provided me the unique and privileged opportunity to reflect on the challenges and opportunities that tertiary education is facing in the world. It is precisely such reasoning that led us, at the World Bank to organize a year-long lecture and panel series entitled “Tertiary Education at a Crossroads” during which we hope to engage in collective reflection on issues and trends in tertiary education, and confront them with an ambitious agenda towards eliminating extreme poverty in the world, by enabling shared prosperity in a sustainable planet.
If you live on an island in the ocean, energy and climate issues come together in a palpable way. Most small island developing states depend heavily on imported fossil fuels, especially diesel, for their power. For remote islands, in the Pacific for example, the fuel must be shipped over long distances. It’s expensive, the supply is limited and intermittent, and paying for it stretches government budgets. Because of this, low-income families and communities often rely instead on kerosene, and wood or other biomass for lighting and cooking.
LONDON -- I'm just back from the G8 meeting in Northern Ireland, and under the leadership of Prime Minister David Cameron, we focused on some critical but often overlooked elements on how the world can end extreme poverty in a generation: taxes, trade, and transparency. Watch the video to see why I feel so strongly about this.
Thirty-five organizations will be awarded $800,000 by the Egypt Development Marketplace (DM) funded by The World Bank Group (WBG) and its local and international partners. Each of the grantees will receive $25,000 to scale up their business model that would generate employment in the agriculture and handicraft sectors. Winning organizations will beshowcased at a DM sponsored event. A number of financial institutions, social entrepreneurs, investors, development organizations, and government officials will also participate in the event to bring attention to organizations implementing innovative solutions to unemployment in the country.
Overwhelming response to “Call for Proposal”
The call for proposals was launched in November and closed in January. At closing, 180 proposals from 171 organizations were submitted for funding. Preference was given to projects implemented in Upper Egypt and the majority of proposals were for projects in Minya. Applicants comprised the following types of organizations: 89 percent were Non-governmental Organizations (NGOs), 7 percent were private companies and 4 percent were foundations.
From its conception, the Egypt DM has been designed to surface and build the skills of organizations creating jobs in the country, primarily in the poorest areas with an emphasis on Upper Egypt. To generate interest in the competition and to ensure organizations operating in targeted areas applied, outreach events were held in Assyut, Qena, Aswan, and Minya. As a follow up, skill-building workshops in business planning were held for each of the 70 finalists to ensure high quality proposals were submitted.
- Labor and Social Protection
- Agriculture and Rural Development
- Middle East and North Africa
- United Kingdom
- Egypt, Arab Republic of
- Development Marketplace
- Social Entreprenuership
In memory of Sebastian Levine, who liked to read these posts.
This post is written by Ricardo Fuentes-Nieva, Oxfam’s Head of Research (twitter @rivefuentes)
In Danny Boyle’s movie Slumdog Millionaire, the young character wins a large pot of money against all odds. The movie is a fantasy tale for all practical purposes. The hero knows the responses posed to him in a quiz show through a number of coincidences and lucky breaks. It was his only chance to become wealthy.
What type of societies give better, more just chances to everyone? What is the connection between opportunity and socio-economic disparities? There are, at the risk of being simplistic, two broad sources of inequality: inequality resulting from individual entrepreneurship and effort (I’ll call it merit inequality) and the inequality that reproduces privilege and elite capture (I’ll call it privilege inequality).
A simple way to discover whether inequality is actually a result of merit is to think how far effort and hard work can take us. I recently heard Kaushik Basu, the new Chief Economist at the World Bank, detail an anecdote about this during a meeting with civil society people in London. When Basu visits his home city of Kolkata he goes for long walks and sometimes he wanders around a privileged district that stands in sharp contrast with the nearby slums. The close proximity of the two vastly different lifestyles ensures that slum dwellers also visit this district. Then Basu said, to the best of my recollection: “it is not fair to tell a kid in the slum that by working hard he will be able to achieve the wealth needed to live in that neighbourhood.”
The following post is a part of a series that discusses 'managing risk for development,' the theme of the World Bank’s upcoming World Development Report 2014.
Despite more than 19 episodes of severe food shortage in Ethiopia since 1895, it was the dramatic images of famines in 1972 and 1984 which came to the world’s attention and (wrongly) made Ethiopia synonymous with drought and famine. Despite consistent food shortages in Ethiopia for decades, it only became clear in the run-up to the 2002/3 drought that, while the humanitarian system appeared to be saving lives, it was proving to be ineffective in saving livelihoods and managing risks effectively. In essence, rural Ethiopians had faced chronic food insecurity for decades, but were receiving ‘treatment’ for transitory food insecurity. In part as a result of this misdiagnosis, rural Ethiopians were becoming increasingly less resilient to drought and were unable to manage risks effectively. This realization prompted the birth of the Productive Safety Net Programme (PSNP).