The World Bank forecasts that global economic growth will strengthen to 2.7 percent in 2017 as a pickup in manufacturing and trade, rising market confidence, and stabilizing commodity prices allow growth to resume in commodity-exporting emerging market and developing economies. Growth in advanced economies is expected to accelerate to 1.9 percent in 2017, and growth in emerging market and developing economies as will rise to 4.1 percent this year from 3.5 percent in 2016. Read more and download Global Economic Prospects.
The number of stunted children has declined steadily since 1990, and many countries are on course to meet the global target of reducing stunting by 40% by 2025. But the absolute number of stunted children increased in Sub-Saharan Africa from nearly 45 million in 1990 to 57 million in 2015, and the region will not meet the target if the current trend is not reversed. Read more in the 2017 Atlas of Sustainable Development Goals.
Which World Bank financed project can you see from space, and on Leonardo DiCaprio’s Instagram?
As Raka and I found out in this episode, it’s the “Noor Ouarzazate Concentrated Solar Power Plant” in Morocco - an epic energy project that’s part of the country’s plan to have 42% of its energy mix come from renewables by 2020.
Renewable energy seems to be getting cheaper than ever, and we ask the question: are we reaching a “tipping point” where renewable energy is cheaper to produce than energy from fossil fuels.
In our discussion with Mafalda Duarte, head of the $8.3 billion Climate Investment Funds (CIF), I learned that renewable energy (in this case, concentrated solar power) is a bit more complicated than just finding somewhere sufficiently sunny or windy. For example, the concentrated solar power (CSP) technology being used in Noor Ouarzazate is relatively new and so more expensive. With the investment CIF is making, the cost of the CSP technology can be driven down, and the tipping point reached faster for other countries wanting to adopt the technology.
So what are the issues of geography, politics, technology and economics when it comes to large scale renewable energy, and how can we influence them to help countries reach the tipping point where renewable energy becomes the best option?
This episode of Between 2 Geeks is hosted by Tariq Khokhar & Raka Banerjee, and produced by Richard Miron. You can chat with us on twitter with the hashtag #Between2Geeks, listen to more episodes on the World Bank Soundcloud Channel and subscribe to “World Bank’s Podcasts” in your podcast app or on iTunes.
Global emissions of carbon dioxide, a major greenhouse gas and driver of climate change, increased from 22.4 billion metric tons in 1990 to 35.8 billion in 2013, a rise of 60 percent. The increase in CO2 emissions and other greenhouse gases has contributed to a rise of about 0.8 degrees Celsius in mean global temperature above pre-industrial times.
In 2015, 663 million people were drinking from unimproved sources such as unprotected dug wells. The bulk of those without were in Sub-Saharan Africa and South Asia, where rural dwellers, especially the poorest, lagged behind others in access to both water and sanitation.
An undernourished person doesn’t have enough foot to meet their daily energy needs. Globally, over 793 million people are currently considered undernourished. While there’s been steady progress over the past 25 years, ending hunger by 2030 will require accelerated efforts to achieve faster declines in undernourishment levels.
Violence against women exists across the globe but laws against gender-based violence do not. In many countries societal norms permit physical and verbal abuse, and in countries studied, when there are fewer legal provisions, women are more likely to tolerate this abuse.
The World Bank is pleased to release the 2017 Atlas of Sustainable Development Goals. With over 150 maps and data visualizations, the new publication charts the progress societies are making towards the 17 SDGs.
The Atlas is part of the World Development Indicators (WDI) family of products that offer high-quality, cross-country comparable statistics about development and people’s lives around the globe. You can:
- View the SDG Atlas online or download the PDF publication (150Mb)
- Access the WDI statistical tables and interactive SDG Dashboard
- Download and query the WDI database.
The 17 Sustainable Development Goals and their associated 169 targets are ambitious. They will be challenging to implement, and challenging to measure. The Atlas offers the perspective of experts in the World Bank on each of the SDGs.
For example, the interactive treemap below illustrates how the number and distribution of people living in extreme poverty has changed between 1990 and 2013. The reduction in the number of poor in East Asia and Pacific is dramatic, and despite the decline in the Sub-Saharan Africa’s extreme poverty rate to 41 percent in 2013, the region’s population growth means that 389 million people lived on less than $1.90/day in 2013 - 113 million more than in 1990
Note: the light shaded areas in the treemap above represent the largest number of people living in extreme poverty in that country, in a single year, over the period 1990-2013.
- Sustainable Communities
- Research and Publications
- Urban Development
- Social Development
- Public Sector and Governance
- Private Sector Development
- Migration and Remittances
- Law and Regulation
- Labor and Social Protection
- Information and Communication Technologies
- Global Economy
- Financial Sector
- Climate Change
- Agriculture and Rural Development
- The World Region
The world's population is young: 42 percent of people are under the age of 25. In South Asia and Sub-Saharan Africa, the number of people aged 12-24 has steadily risen to 525 million in 2015 - almost half the global youth population. The newly released Atlas of Sustainable Development Goals 2017 analyses this and other data related to the 17 SDGs.
Nearly 1.1 billion people or 15 percent of the world’s population had no access to electricity in 2014. Nearly half were in rural areas of Sub-Saharan Africa, and nearly a third were rural dwellers in South Asia. In all, 86 percent of people without electricity lived in rural areas, where providing infrastructure is more challenging. Read more in the Global Tracking Framework and their 2017 report on progress towards sustainable energy.