The IMF/World Bank Group Annual Meetings is an event you won't want to miss. Join us for a week of seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world's financial system. This year's events will take place in Nusa Dua, Bali, Indonesia, October 8-14, 2018.
Find out why the World Bank, countries, and partners are coming together to try to close the massive human capital gap in the world today.
The World Bank Group, the International Monetary Fund, and the Government of Indonesia are also co-sponsoring a first-ever technology fair to bring innovation to the heart of the Annual Meetings.
This three-day “showcase” will feature 28+ innovators – companies from around the world – who will demonstrate the powerful role that technology can play in spurring development, strengthening financial development and inclusion, and improving health and education outcomes. The 2018 Innovation Showcase will run from October 11-13 in the Bali International Convention Center.
So, We've got you covered on Facebook, Twitter and Instagram!
This blog post was originally published on Project Syndicate.
Today, only 30% of the world’s population has legally registered rights to their land and home, with the poor and politically marginalized especially likely to suffer from insecure land tenure. Unless this changes, the 2015 United Nations Sustainable Development Goals will be impossible to achieve.
Sustainable Development Goals (SDGs) will be impossible to achieve.Unless this changes, the
Tenure arrangements may be based both on official laws and policies, and on informal customs. If those arrangements are secure, users of land have an incentive not just to implement best practices for their use of it (paying attention to, say, environmental impacts), but also to invest more.
The news headlines are grim. A male pilot whale dies on a Thai beach having swallowed 80 plastics bags; images of turtles stuck in six-pack plastic rings; a sad photo of a tiny seahorse clinging to a plastic ear-bud goes viral.
But the world is taking note and countries, the private sector, and communities are starting to act. From bans and taxes on various single-use plastics, to investments in waste collection, and policies on reduced plastics packaging, to beach clean-ups.
This year, World Environment Day focuses on “Beating Plastic Pollution”. The World Bank is contributing to this effort, using our suite of lending instruments and policy dialogue with key countries and cities to help identify and finance solutions to address the marine plastics issue. For example, Since 2000, the World Bank has invested over $4.5 billion to help improve more than 300 solid waste management programs to reduce pollution leakage, including plastics, into our environment. The Bank is also studying the flow of plastics into the ocean through a series of plastics pollution hotspot analyses to prioritize investments and look for quick wins.
But it is going to take more than building better solid waste management systems. Everyone needs to be on board to solve this problem and individual actions count.
Here are five things YOU can do—starting TODAY —to end plastic pollution:
By some estimates it could cost as much as $4.5 trillion a year to meet the Sustainable Development Goals (SDGs), and obviously, we will not get there solely with public finance. And there’s the rub: Countries will only meet the SDGs and improve the lives of their citizens if they raise more domestic revenues and attract more private financing and private solutions to complement and leverage public funds and official development assistance. This approach is called maximizing finance for development, or MFD.
2018 is here, and we hope your new year is off to a positive start! Thank you for being a part of the global movement to help end poverty. For every like, share, “heart”, retweet, you name it, thanks for engaging with our content!
Every year brings new highlights, challenges, and priorities, and 2017 was no different.:
Twitter:for themselves or their loved ones. So unsurprisingly, you showed strong support for #HealthforAll during the Universal Health Coverage Forum in December.
What's one big reason families around the world fall into #poverty? #Health expenses. To reach the #globalgoals, we must achieve #HealthforAll. Join us at #UHCForum https://t.co/fl9GYMMBeH pic.twitter.com/LEAkSpeffQ— World Bank (@WorldBank) December 10, 2017
We were also very impressed to see how strongly you feel about preserving our planet. During last month’s One Planet Summit, several of you replied to the news of the World Bank’s announcement on phasing out financing of oil and gas exploration, with positivity. For example @RalienBekkers said: “Great, everyone should follow”:
Many of you agreed that women shouldn’t be restricted from doing some jobs, just because they are women:
Ground-breaking, far-reaching , forests, and fisheries were endorsed five years ago by the Committee on World Food Security (CFS), based at the Food and Agriculture Organization of the United Nations (FAO) in Rome.
Today, the Voluntary Guidelines on the Responsible Governance of Tenure The guidelines are pioneering – outlining principles and practices that governments can refer to when making laws and administering land, fisheries, and forests rights. Ultimately, they aim to promote food security and sustainable development by improving secure access to land, fisheries, and forests, as well as protecting the rights of millions of often very poor people.
Sounds simple, maybe even jargony, but no – they are concrete, with real impacts. All of a sudden, we had an internationally negotiated soft law or a set of guidelines on (land) tenure navigating successfully through the global web of interests on land, reaching a common ground. The consensus at the CFS was further strengthened by the endorsement of the VGGT by the G20, Rio+ 20, the United Nations General Assembly, and the Francophone Assembly of Parliamentarians.
[Read: Land Tenure: What have we learned four years after approving a set of international land tenure guidelines?]
This journey started with an inclusive consultation process started by the FAO in 2009, and finalized through intergovernmental negotiations. Importantly, no interest group – governments, CSOs, academia, private sector – felt left behind, and the States were engaged in word-by-word review of the guidelines.
This can be seen in the result. The VGGT’s power stems from the consensus on its principles that States were to:
- Recognize and respect all legitimate tenure right holders and their rights;
- Protect tenure right holders against the arbitrary loss of their tenure rights; and that
- Women and girls [were to] have equal tenure rights and access to land.
And the list goes on.
Therefore, preventing violence requires a multi-sectoral approach. What does this concretely mean? It means that It also means to move away from a punitive perspective solely focused on the criminal justice system and acknowledge the shared responsibility for violence prevention and the need for different sectors and government agencies to contribute to solving the issue.
: refugees, rapid and unsustainable urbanization and climate change, failure to meet basic infrastructure needs, youth unemployment and disengagement, and stubbornly poor health and education outcomes, to name a few. Set against a backdrop of political and public pressure to do more with less – and see results faster than ever – even the most optimistic among us are likely to view the glass half empty.
No matter where we live or who we are, we should all care about Indigenous Peoples. Why?
First, Indigenous Peoples and ethnic minorities are more likely to be poor.
Although Indigenous Peoples make up only 5% of the global population, they account for about 15% of the world’s extreme poor. They are overrepresented.
And if you’re from an indigenous family in Latin America, then you’re three times more likely to be in poverty than someone from a non-indigenous family in the same region.
Africa’s urban areas are booming, experiencing a high urban growth rate over the last two decades at 3.5% per year. This growth rate is expected to hold into 2050. With this growth, street food is going to become one of the most important components of African diets. The formal sector will just not be able to keep up!
Enter my company, Musana Carts, which tackles the #FoodRevolution challenge from the end of the food value chain. Musana Carts, which currently operates in Uganda, streamlines and improves the production and consumption of street food.
Why did we decide to focus on street food?
Despite the illegal status of unlicensed street food vendors, who are regularly evicted from markets, street vending is an age old industry. Low income families spend up to 40% of their income in street food (Nri).
People eat street food because it is affordable, abundant, delicious and has a local and emotional flavor. Street food plays a key role in the development of cities. It is the one place where the posh and the poor from all walks of life meet and forget their social differences for the few seconds it takes to savor a snack.
Street foods tell a story. They capture the flavor of a nation and the pride of a tribe: in Uganda, the rolex, a rolled chapatti with an omelet, has been named one of the fastest growing African street foods. The minister for tourism made it the new Ugandan tourism product.