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  • Online Resource  (349)
  • International Finance Corporation  (232)
  • Malpass, David  (117)
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  • Online Resource  (349)
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  • 1
    Online Resource
    Online Resource
    Blended Finance for Climate Investments in India (2024)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Environmental Expenditure Review
    Keywords: Access To Finance ; Adaptation To Climate Change ; Blended Concessional Finance ; Clean Energy ; Climate Investments ; Climate-Smart Agriculture ; Environment ; Finance and Financial Sector Development ; Green Housing ; Solar Power ; Waste-To-Energy
    Abstract: The document collection focuses on the concept of blended finance for climate investments, emphasizing the need for innovative financial mechanisms to address climate change. It discusses the potential of blending public and private capital to mobilize investment in climate-related projects, aiming to achieve both environmental and financial returns. The collection explores various models and case studies to demonstrate the effectiveness of blended finance in driving sustainable development and combating climate change on a global scale
    DOI: 10.1596/41194
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
  • 2
    Online Resource
    Online Resource
    Building Green : Sustainable Construction in Emerging Markets (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2201
    Keywords: Access To Finance ; Adaptation To Climate Change ; Carbon Emission Reduction ; City Development Strategies ; Climate Change Adaptation ; Climate Change Mitigation and Green House Gases ; Construction Materials ; Decarbonization ; Developing Countries ; Emerging Markets ; Environment ; Finance and Financial Sector Development ; Sustainable Construction ; Urban Development
    Abstract: How developing countries meet their rising building needs will be pivotal to the world's climate future. The good news is that the projected emissions growth in construction value chains can be reduced significantly with the application of existing technologies, new financing instruments, and the implementation of appropriate policies. Even as emerging economies meet the rising demand for residential and commercial buildings, it is possible to reduce total emissions from the sector below today's level by 2035. To avoid perpetuating the status quo, decisive action is needed by policy makers, developers, construction material producers, financiers, and international development institutions. IFC is launching this report to guide international efforts to decarbonize construction value chains. Building Green: Sustainable Construction in Emerging Markets was prepared through close collaboration between IFC economists, investment officers, and building and constructionsector specialists. The report provides a comprehensive analysis of the challenges of reducing carbon emissions from construction value chains in developing countries, but also the considerable opportunities that willcome from mobilizing the estimated USD 1.5 trillion of investment required for this transition
    DOI: 10.1596/40561
    URL: Deutschlandweit zugänglich
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  • 3
    Online Resource
    Online Resource
    Building a Better Future : IFC Annual Report 2023 Financials (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2128
    Keywords: Education Reform and Management ; Finance and Financial Sector Development ; Financial Data ; Financial Results ; Global Outlook ; IFC ; Information Technology
    Abstract: This Management's Discussion and Analysis (MD and A) discusses the financial results of the International Finance Corporation (IFC or the Corporation) for the fiscal year ended June 30, 2023 (FY23). The MD and A contains forward looking statements which may be identified by such terms as "anticipates," "believes," "expects," "intends," "plans", "aims" or words of similar meaning. Such statements involve a number of assumptions and estimates that are based on current expectations, which are subject to risks and uncertainties beyond IFC's control. Consequently, actual future results could differ materially from those currently anticipated. IFC undertakes no obligation to update any forward-looking statements. Certain reclassifications of prior years' information have been made to conform with the current year's presentation
    DOI: 10.1596/40507
    URL: Deutschlandweit zugänglich
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  • 4
    Online Resource
    Online Resource
    Working with Smallholders : A Handbook for Firms Building Sustainable Supply Chains, Third Edition (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (526 pages)
    Parallel Title: Erscheint auch als
    Keywords: Agribusiness ; Agricultural Finance ; Agriculture ; Climate-Smart Agriculture ; Farmer Cooperatives ; Farmer Cooperatives Training ; Gender and Agriculture ; ICT4Ag ; Smallholder Agriculture ; Smallholder Farmers ; Smallholder Supply Chains ; Smallholders
    Abstract: Smallholder farmers are the stewards of more than 80 percent of the world's farms. These small family businesses produce about one-third of the world's food. In Africa and Asia, smallholders dominate the production of food crops, as well as export commodities such as cocoa, coffee, and cotton. However, smallholders and farm workers remain among the poorest segments of the population, and they are on the frontline of climate change. Smallholder farmers face constraints in accessing inputs, finance, knowledge, technology, labor, and markets. Raising farm-level productivity in a sustainable way is a key development priority. Agribusinesses are increasingly working with smallholder farmers in low- and middle-income countries to secure agricultural commodities. More productive smallholders boost rural incomes and economic growth, as well as reduce poverty. Smallholders also represent a growing underserved market for farm inputs, information, and financial services. Working with Smallholders: A Handbook for Firms Building Sustainable Supply Chains (third edition) shows agribusinesses how to engage more effectively with smallholders and to develop sustainable, resilient, and productive supply chains. The book compiles practical solutions and cutting-edge ideas to overcome the challenges facing smallholders. This third edition is substantially revised from the second edition and incorporates new material on the potential for digital technologies and sustainable farming. This handbook is written principally to outline opportunities for the private sector. The content may also be useful to the staffs of governmental or nongovernmental development programs working with smallholders, as well as to academic and research institutions
    URL: Deutschlandweit zugänglich
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  • 5
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    Online Resource
    Opening Remarks by World Bank Group President David Malpass during the Launch of the January 2023 Global Economic Prospects Report (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Concessional Resources ; Debt Distress ; Debt Markets ; Debt Sustainability ; Debt Transparency ; Economic Forecasting ; External Debt ; Finance and Financial Sector Development ; Global Growth Outlook ; Governance Standards ; International Economics and Trade ; Investment and Investment Climate ; Investment Climate ; Macroeconomics and Economic Growth
    Abstract: These remarks were delivered by the World Bank Group President David Malpass during the Launch of the January 2023 Global Economic Prospects Report on January 10, 2023. He addressed the following topics: global growth outlook; rising levels of debt distress and possible directions to achieve debt transparency and sustainability; the need for greatly expanded resources for developing countries, including deeply concessional resources; and attractive investment climate and governance standards
    DOI: 10.1596/38512
    URL: lizenzpflichtig
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  • 6
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    Online Resource
    IFC Annual Report 2023 : Building a Better Future (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2128
    Keywords: Energy Access ; Environment ; Finance and Development ; Finance and Financial Sector Development ; Innovation ; Public-Private Partnerships ; Science and Technology Development ; Technology ; Trade Finance
    Abstract: IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets and developing economies. We work in more than 100 countries, using our capital, mobilization capacity, expertise, and influence to create jobs and raise living standards, especially for the poor and vulnerable. In fiscal year 2023, IFC committed a record 43.7 billion dollars to private companies and financial institutions in developing countries, leveraging the power of the private sector to improve people's lives as economies grapple with the impacts of global compounding crises
    DOI: 10.1596/40506
    URL: Deutschlandweit zugänglich
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  • 7
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    Creating Markets in Eswatini : Strengthening the Private Sector to Grow Export Markets and Create Jobs - Country Private Sector Diagnostic (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Beef ; Business Environment ; Forestry ; Private Investment ; Private Sector ; Private Sector Development ; Private Sector Economics ; Rural Development ; Small and Medium Size Enterprises ; Sugar ; Trade Facilitation
    Abstract: Eswatini is facing multiple challenges. It was already experiencing weak economic growth before the COVID-19 pandemic, a reflection of longstanding, deeply rooted issues such as fiscal unsustainability, declining private investment, weakening productivity and competitiveness, and falling export diversification and complexity, compounded by the impact of climate shocks. It shifted from a private investment-led higher-growth model to a government spending-led lower-growth model after the end of apartheid in South Africa. With weak investment in productive sectors, Eswatini's job market failed to keep pace with an expanding, younger labor force, leading to a large informal sector. Eswatini's public sector-driven growth model is unsustainable under current fiscally constrained conditions, and there is a need to reduce and reprioritize public spending. An assessment of existing sectoral data and consultations with Eswatini's private sector and policy makers suggest that four sectors can help drive the export-led private sector growth model. To return to an export-led growth model, Eswatini needs to increase export competitiveness by advancing regulatory reforms and improvements in trade logistics that include regional collaboration to address trade facilitation constraints. Finally, given the country's vulnerability to climate risks, policies to foster economic resilience amid extreme weather events (mainly droughts that affect agriculture) and improve disaster preparedness need to be pursued. The private sector must adapt to this challenge and work with the government to improve climate resilience
    DOI: 10.1596/38335
    URL: lizenzpflichtig
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  • 8
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    Opening Remarks by World Bank Group President David Malpass during the Launch of the International Debt Report 2022 (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Asset Repricing ; Economic Forecasting ; Economic Insecurity ; External Debt ; Finance and Financial Sector Development ; Global Recession ; International Debt Report 2022 ; International Economics and Trade ; Macroeconomics and Economic Growth ; Rising Interest Rates ; Slow Growth ; Stagflation Risk
    Abstract: These opening remarks were delivered by World Bank Group President David Malpass during the Launch of the International Debt Report 2022 on December 6, 2022. He spoke about the World Bank identified the stagflation risk early in that year which brings three risks: a global recession in 2023; a multi-year period of slow growth; and widespread asset repricing as higher interest rates are applied, and hedges run out. He mentioned that the interest rates were very low for a long period allowing a huge use of capital by fully-funded governments and business sectors, and this misallocation of global capital undercuts growth and productivity and will take time to repair. He spoke about energy prices that are a major factor, with shortages of fertilizer and food hitting people in the poorest countries particularly hard. He highlighted on the combination of extremely high government debt levels and rising interest rates will cause heavy absorption of global capital by advanced governments for a prolonged period. He said that the World Bank's latest debt statistics report released that day makes it clear that a debt crisis in the world's poorest countries is intensifying. He mentioned that to address the increase in debt and the new composition, he has focused on improvements in three areas - debt sustainability, transparency, and restructuring. He spoke on debt restructuring, where new mechanisms are needed to reflect the new creditor landscape. He concluded by saying that together with the Kristalina Georgieva from the IMF, they will engage with Chinese authorities and with their policy banks - the China ExIm Bank and the China Development Bank on the need for faster progress on resolving unsustainable debt and the need for more transparency
    DOI: 10.1596/38518
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  • 9
    Online Resource
    Online Resource
    Handbook for Scaling Irrigation Systems (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agricultural Study
    Keywords: Access To Finance ; Agricultural Irrigation and Drainage ; Agriculture ; Asset Management ; Finance and Financial Sector Development ; Financial Structures
    Abstract: The demand for more efficient use of land and water resources to enable farmers to produce food using climate-resilient processes continues to grow in the face of a growing global population and the impacts of climate change and other shocks such as Coronavirus (COVID-19). Although irrigation has been widely promoted as important for productivity and resilience, it has not been sufficiently expanded. Large, well-established irrigation projects developed by public institutions and select private sector projects play an important role in providing access to irrigation, but they are insufficient to meet need. In parallel, farmers have been developing effective small-scale irrigation (SSI) options that include a range of technologies, financing methods, and operating models. International Finance Corporation (IFC) and the International Fund for Agricultural Development (IFAD) are global organizations focused on promoting resilient agriculture and food system transformation. This handbook takes a practical approach in guiding its target readers, which comprise policy makers, governments and government agencies, private sector actors, and development institution partners, on how to deliver effective design and operation strategies, combined with financing models, to implement and sustainably expand use of irrigation
    DOI: 10.1596/38336
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  • 10
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    Online Resource
    Creating Markets In Namibia : Creating Resilient and Inclusive Markets - Country Private Sector Diagnostic (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Agribusiness ; Agriculture ; Energy ; Finance and Financial Sector Development ; Housing Finance ; Private Investment ; Private Sector ; Private Sector Development ; Private Sector Economics ; Renewable Energy
    Abstract: Since achieving independence in 1990, Namibia's remarkable growth has been fueled by foreign direct investment and enabled by prudent economic management. Since 2016, however, growth has declined steadily and the economy fell into recession, exposing the vulnerability of Namibia's economic growth model to external and climate shocks. These challenges were exacerbated by the Coronavirus (COVID-19) pandemic, an economic slowdown in neighboring South Africa, worsening terms of trade on the back of declining global demand and commodity prices, a decline in Southern African Customs Union (SACU) revenues, and the effects of crippling droughts on agricultural and industrial production. Namibia has very high levels of poverty and inequality, which are largely driven by high levels of unemployment. The primary objective of this Country Private Sector Diagnostic (CPSD) is to identify near and medium-term reform opportunities to revitalize the private sector and help reposition Namibia's growth on a green, resilient, and inclusive trajectory. This CPSD explores priority reform opportunities to address five cross-cutting bottlenecks: (1) enhancing the role and performance of the state-owned enterprise (SOE) sector through a more effective competition policy environment; (2) strengthening implementation of the public-private partnership (PPP) framework to expand private investments, especially in infrastructure; (3) leveraging the potential for digital transformation of the economy; (4) addressing inefficiencies in logistics and trade facilitation; and (5) tapping opportunities in the water sector for green and resilient growth. The diagnostic then looks in depth at three sectors prioritized by the Namibian government - renewable energy, climate-smart agribusiness, and housing, and provides recommendations for reducing sector-specific bottlenecks to stimulate growth potential
    DOI: 10.1596/38334
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  • 11
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    Remarks by World Bank Group President David Malpass at the G20 Leaders' Summit in Bali Indonesia (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Access and Equity in Basic Education ; Access To Clean Water ; Access To Electricity ; Debt Crisis ; Diesel Shortage ; Economic Forecasting ; Education ; Education For All ; Fertilizer Shortage ; Hunger ; Learning Poverty ; Macroeconomics and Economic Growth ; Poverty ; Water Resources ; Water Supply and Sanitation
    Abstract: These remarks were delivered by World Bank Group President David Malpass at the G20 Leaders' Summit in Bali Indonesia on November 15, 2022. He spoke about the developing world faces hunger, poverty, unsustainable debt, and learning poverty above 70 percent. Climate change makes all of these burdens worse. Farmers face droughts and floods. In poor countries, they face severe shortages of fertilizer and diesel. Underinvestment blocks access to electricity and clean water. Current global macro policies create a permanent drain on global capital, risking a long recession. The developing world needs much greater resources. The World Bank Group has achieved the largest increase in commitments in our history and greatly expanded trade finance. Regarding the debt crisis, it is urgent to create a more effective debt reduction process for low and middle-income countries that are in debt distress
    DOI: 10.1596/38519
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  • 12
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    Remarks by World Bank Group President David Malpass at the WHO Ministerial Briefing on the Global COVID-19 Vaccination Strategy and Implementation (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Communicable Diseases ; Disease Control and Prevention ; Health Service Management and Delivery ; Health Systems Development and Reform ; Health, Nutrition and Population
    Abstract: These remarks were delivered by World Bank Group President David Malpass at the WHO Ministerial briefing on the Global Coronavirus (COVID-19) Vaccination Strategy and Implementation on July 21, 2022. He said that over the past months, much of the world's attention has shifted to Russia's invasion of Ukraine and the risks it poses to global supplies of energy and food. He added that we are simultaneously facing many other crises, including the sharp rise in inflation and poverty, climate, the learning losses from school closures, and more countries facing conflicts and violence. He mentioned that even as the virus has continued to mutate, vaccines remain highly effective at reducing serious illness and death. He highlighted that the World Bank has supported developing countries with COVID-19 emergency health and vaccine operations in more than 100 countries amounting to over fourteen billion. He spoke about their vaccine financing is helping countries purchase and distribute vaccines, expand storage and cold chains, develop tracking systems, train health workers, engage citizens and communities, and strengthen health systems. He gave three examples of the Bank's efforts in supporting countries: Bangladesh, Uganda, and Liberia. He said that World Bank Group has also been working through World Bank-financed projects and through the Global Financing Facility platform to provide financing and prioritization of primary health care systems that will deliver immunization and other essential services. He also mentioned about ongoing efforts to provide additional financing to address critical gaps in pandemic prevention, preparedness, and response (PPR). Finally, he concluded by inviting all member States to continue collaborating to bring the COVID-19 pandemic to its end, including vaccinating the most vulnerable, and work together to build stronger, resilient health systems that are ready to prevent, detect and respond to future emergencies
    DOI: 10.1596/37808
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  • 13
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    Remarks by World Bank Group President David Malpass at the Sina Finance 2022 ESG Global Leaders' Summit (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Adaptation to Climate Change ; Climate Change Economics ; Climate Change Impacts ; Energy ; Energy Policies and Economics ; Environment ; Macroeconomics and Economic Growth ; Renewable Energy
    Abstract: These remarks were delivered by World Bank Group President David Malpass at the Sina Finance 2022 ESG Global Leaders' Summit on June 28, 2022. He mentioned that in response to Russia's invasion of Ukraine, countries are shifting their energy policy priorities in ways that may slow down the energy transition and affect global climate goals and the achievement of electricity access. He said that the increased price of natural gas is already causing increased use of coal, diesel, and heavy fuel oil in the developing world. He insisted that it will be important to identify, fund and implement the most impactful projects in terms of GHG emissions and resilience in adapting to major climate vulnerabilities. .He said that to help focus efforts in developing countries, the World Bank Group has launched a new core diagnostic called Country Climate and Development Reports, or CCDRs. He described that constant innovation will be needed as the private sector applies significant funding to global public goods. He highlighted that the World Bank promotes global transparency on climate metrics, targets, and outputs so that we can create opportunities, tackle challenges, and help countries maximize positive outcomes in their climate transition. He mentioned that China's role as a major global creditor gives it additional responsibility to support the global shift toward investments with high ESG standards. He concluded by saying that a commitment to high standards of transparency and environmental and social risk management, similar to the standards that the World Bank Group and other MDBs follow, would help recipient countries achieve sustainable development while also significantly lowering risks for Chinese investors themselves
    DOI: 10.1596/37717
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  • 14
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    Remarks by World Bank Group President David Malpass at the 2022 Nordic Baltic Governors Meeting (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Capital Flows ; Climate Change ; Climate Change Economics ; Conflict ; Conflict and Development ; Covid-19 ; Economic Conditions and Volatility ; Macroeconomics and Economic Growth ; Refugees ; Social Development ; Voluntary and Involuntary Resettlement
    Abstract: These remarks were delivered by World Bank Group President David Malpass at the 2022 Nordic Baltic Governors Meeting on June 9, 2022. He spoke about the following: war in Ukraine; the World Bank Group is responding, with increased financial support to FCV countries, and with more staff on the ground. Addressing the challenges of fragility, conflict and violence requires strengthened international cooperation and deeper collaboration with governments, with partners such as the UN, with civil society, and the affected populations themselves, and climate action
    DOI: 10.1596/37767
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  • 15
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    Transcript of World Bank Group President David Malpass's Interview with James Coomarasamy on BBC Radio's The World Tonight (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Armed Conflict ; Conflict ; Conflict and Development ; Covid-19 ; Energy ; Energy Production and Transportation ; Energy Resources Development ; Energy Supply ; Food Security ; Post Conflict Reconstruction
    Abstract: These remarks were delivered by the World Bank Group President David Malpass's at the interview with James Coomarasamy on BBC Radio's The World Tonight on May 19, 2022. He said that the key thing for the world is to create more supplies of energy of food of fertilizer, and move forward. He mentioned about lot of pressure on debt in developing countries because the contracts weren't transparent. He mentioned that there was Coronavirus (COVID-19) itself, the pandemic and the deaths but then also the shutdowns and in particular the shutdowns and closures of schools, and it is going to take years and years to make up for the educational losses that went on. He highlighted the course of inflation depends a lot on the amounts that can be added into the global economy to make up for some of the losses. He spoke about export bans are a big problem. He concluded by saying that it's vital to end the war in Ukraine, and if that can't be done, then it's vital that countries around the world, and especially the advanced economies, announce new supplies of energy, of food and of fertilizer
    DOI: 10.1596/37785
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  • 16
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    Remarks by World Bank Group President David Malpass to the Development Committee - 2022 Spring Meetings (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Conflict and Development ; Fertilizers ; Food Security ; Global Economy ; Inflation ; Macroeconomics and Economic Growth ; Water Resources
    Abstract: These remarks were delivered by World Bank Group President David Malpass to the Development Committee at 2022 Spring Meetings on April 22, 2022. In the case of Ukraine, the World Bank Group is doing everything we can to assist during the crisis. We have already mobilized more than 3 billion dollars of support, enlarged by your grants, guarantees, and parallel financing. We are also exploring other innovative financing options to support countries hosting Ukrainian refugees. Together with the IMF and other IFIs we are sending a clear signal that we stand with the Ukrainian people during these difficult times. The World Bank Group has made significant progress over the past decade in our engagements with countries facing challenges across the full spectrum of fragility, conflict, and violence. The Bank expects to have committed 11 billion dollars to purchase and deploy vaccines by the end of our fiscal year, benefiting 81 countries. As the world faces crises of refugees and IDPs, digitalization is creating new jobs, expanding financial inclusion, and improving the delivery of health, education, and social protection programs. It is also increasing the quality of government services, enhancing accountability, and reducing opportunities for corruption. The World Bank Group can work with the public and private sectors, in collaboration with other development partners, to develop and expand access to solutions aimed at harnessing the full potential of digital transformation
    DOI: 10.1596/37803
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  • 17
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    Transcript of World Bank Group President David Malpass at Spring Meetings 2022 Opening Press Conference (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Adaptation to Climate Change ; Agriculture ; Climate Change Mitigation and Green House Gases ; Electric Power ; Energy ; Environment ; Food Security ; Macroeconomics and Economic Growth
    Abstract: These remarks were delivered by World Bank Group President David Malpass at Spring Meetings 2022 Opening Press Conference on April 20, 2022. He said that the World Bank Group has been acting fast in the face of the crises: first the COVID-19 surge financing in over the last two years, which was one of the fastest and largest in our history; and now putting money into Ukraine and have moved quickly both to commitments and disbursements, including nearly 1.5 billion dollars that he announced in Poland last week. He mentioned that the World Bank is working actively on climate, through their Climate Change Action Plan and the formation of Country Climate and Development Reports (CCDRs), which will identify the high priority items country by country, in their efforts to mitigate and to adapt to climate change. He insisted that one of the solutions for the world is to recognize that markets are forward looking. He mentioned that as interest rates rise, the debt pressures are mounting on developing countries, and we need to move urgently towards solutions. He hopes and expects that many countries will step forward with individual solutions to alleviate the food crisis and the fertilizer crisis. He explained the efforts to support people within Mexico, and the World Bank is interested in working with governmental entities on that. He spoke about Nigeria has huge opportunity because of its natural resources and because of its people, and could see its growth accelerate with improvements in policy. He insisted that there needs to be substantial investment in the backbone of the global electricity system in terms of baseload and grid in order to get through to the other side of this energy crisis. He did a joint statement with IMF, with WTO, and with the World Food Program late the week before stating these views, that it's important that the world increase supply and not close markets, not fragment markets, as we move through this crisis. He hopes, as we look at the resolution to the current crisis, one of the key steps will be for the central banks and the fiscal authorities to use their tools to improve the allocation, to allow an allocation of capital that goes more towards small businesses, new businesses, and developing countries
    DOI: 10.1596/37802
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  • 18
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    Addressing Challenges to Growth, Security and Stability Speech by World Bank Group President David Malpass at the Warsaw School of Economics (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Armed Conflict ; Conflict and Development ; Disaster Management ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; Food Security ; Inflation ; International Affairs
    Abstract: These remarks were delivered by the World Bank Group President David Malpass, addressing Challenges to Growth, Security and Stability on April 12, 2022 at the Warsaw School of Economics. He spoke about again living through a dangerous period of overlapping crises and conflicts with Poland near the center. He has been deeply shocked and horrified at Russia's invasion of Ukraine, the atrocities committed against the civilian population, and the loss of life and livelihoods for millions of Ukrainians. Since the invasion, the World Bank Group has provided fast-disbursing financial support to Ukraine to help the government provide critical services to people, including wages for hospital workers, pensions for the elderly, and social programs for the vulnerable. Through IFC, they have provided immediate working capital for companies providing supplies to Ukraine. He was pleased to announce that the World Bank is preparing a nearly 1.5 billion US dollars operation for Ukraine to support continuation of essential government services during the war. He also discussed about the following: (i) Overlapping global crises; (ii) Weakening economic outlook; (iii) Areas for action; and (iv) Lessons learned
    DOI: 10.1596/37795
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  • 19
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    Keynote Remarks by World Bank Group President David Malpass to the European Union-African Union Summit on Peace, Security and Governance (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Conflict ; Food Security ; Inequality ; Inflation ; International Trade and Trade Rules ; Poverty Reduction ; Pro-Poor Growth
    Abstract: These keynote remarks were delivered by World Bank Group President David Malpass to the European Union-African Union Summit on Peace, Security and Governance on February 17, 2022. He spoke about the global misallocation of capital leaves developing countries with inadequate capital flows and unable to sufficiently respond to the multitude of challenges they face. He mentioned that the World Bank Group has significantly increased their support for fragile states over the last five years, providing 15.8 billion in FY21 for over thirty fragile and conflict-affected countries, many of them in Africa. He was gravely concerned by the rapid escalation in conflicts in countries such as Burkina Faso and Ethiopia. He said that without good governance, Africa will continue to face underinvestment, insufficient access to electricity and clean water, and regulatory barriers. He highlighted on their operations working toward better outcomes in terms of reduced poverty and higher incomes which means governance that promotes trade facilitation, builds accountability mechanisms, enhances systems for service delivery, and fosters citizen engagement. He declared that the Recovery and Peacebuilding Assessment between the EU, UN, and the World Bank helps governments identify their priority needs for recovery, reconstruction, and peacebuilding. He also works with the UN Peacekeeping Missions in Democratic Republic of Congo, Mali, and the Central African Republic, where they have been able to provide rapid support once insecure areas are stabilized. He concluded with noting that by 2030, two-thirds of the world's extremely poor people could be living in fragile countries, and together with their development partners, they must continue to ramp up our efforts to support the world's poorest and most fragile states in becoming more resilient, peaceful, just, and economically robust
    DOI: 10.1596/37883
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    Creating Markets in Fiji : Overview and Summary of Key Findings from Sector Deep Dives - Country Private Sector Diagnostic (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Adaptation To Climate Change ; Business Environment ; COVID-19 ; Environment ; Private Sector ; Private Sector Development ; Private Sector Economics ; Resilience
    Abstract: This Country Private Sector Diagnostic (CPSD) comes at a challenging yet opportune juncture for Fiji to rebuild a more diverse and resilient economy amid the lingering impacts of COVID-19. Fiji recorded its strongest period of gross domestic product (GDP) growth (since achieving independence in 1970) in the decade leading up to COVID-19, underpinned by rising productivity and investment, improved political stability, and a booming tourism sector. However, the shocks of COVID-19 and a series of natural disasters, Tropical Cyclone (TC) Harold and TC Yasa, have been devastating for Fiji's economy, bringing widespread production disruptions and job losses. The increasing frequency of these weather events has also complicated Fiji's economic development strategy and plans. Fiji's real GDP declined by 15.2 percent in 2020 and is estimated to have contracted a further 4.0 percent in 2021, with the long-term ramifications of the COVID-19 pandemic on the economy yet to be fully seen. These shocks have also exacerbated some of Fiji's long-standing structural vulnerabilities, including the economy being vulnerable to repeated climate-related shocks, its lack of sectoral diversification, and sluggish private sector job growth (particularly among youth and women). In this context, the CPSD approach for Fiji to 'build back better' revolves around four key interrelated pillars: (1) unlocking new sectoral sources of growth beyond tourism; (2) strengthening economic and climate resilience; (3) leveraging Fiji's potential as an economic hub in the Pacific region; and (4) creating inclusive employment opportunities
    DOI: 10.1596/37867
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    Energy Sector Baseline Study in the Kakuma-Kalobeyei Refugee-Hosting Area in Kenya (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Study
    Keywords: Energy ; Energy Consumption ; Energy Demand ; Energy Finance ; Energy Markets ; Energy Sector
    Abstract: Kakuma as a marketplace, a 2018 consumer and market study of Kakuma refugee camp in northwest Kenya, estimates that Kakuma camp and its hosting community have 2,100 refugee-owned businesses and are worth 56 million dollars based on household consumption. This study provides information for businesses in the energy sector to help them assess opportunities for providing or expanding energy services in the Kakuma and Kalobeyei areas; it also provides insights to inform International Finance Corporation (IFC) interventions. The study maps the supply of and demand for energy for lighting, cooking, and productive use among households and businesses in the camp and examines the regulatory environment affecting the energy sector
    DOI: 10.1596/37863
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  • 22
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    Remarks by World Bank Group President David Malpass at the Launch of IDA20 in Tokyo, Japan (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Inequality ; Poverty and Policy ; Poverty Reduction ; Recession
    Abstract: This report discusses the remarks delivered by World Bank Group President David Malpass at the Launch of IDA20 in Tokyo, Japan. Global growth is expected to slow sharply from 5.7 percent in 2021 to 2.9 percent in 2022, with further slowing likely as more countries fall into recession. In developing economies, COVID-19 has already had a devastating impact on income growth and poverty reduction. The war in Ukraine is dealing yet another blow to their growth prospects. Developing countries are now expected to grow by a mere 3.4 percent in 2022, well below the average from 2011 to 2019. Each step in the progression of crises in recent years is leaving poorer countries further behind, adding to inequality. My deep concern is that these trends will persist. The World Bank Group is making around 170 billion dollars in financing available for new and existing projects over the 15 months starting April 2022 to support this crisis response package. This will be complemented by analytical and advisory work to strengthen evidence-based development policies and programs
    DOI: 10.1596/38050
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    Remarks by World Bank Group President David Malpass at the Eighth Ministerial Meeting of the Coalition of Finance Ministers for Climate Action - Annual Meetings 2022 (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Adaptation To Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Competition ; Economic Forecasting ; Environment ; Macroeconomics and Economic Growth ; Recession ; Science and Technology Development ; Science of Climate Change
    Abstract: These remarks, as prepared, were delivered by World Bank Group President David Malpass at the Eighth Ministerial Meeting of the Coalition of Finance Ministers for Climate Action, during the Annual Meetings on October 12, 2022. The remarks focus on major challenge of climate change and the global outlook. The World Bank Group (WBG) can help in many ways, and is working closely with the IMF and with other multilateral development banks (MDBs). We are implementing our Climate Change Action Plan with clear, intense, and focused measures to help our client countries fully integrate climate and development. They require diagnostics, impactful projects, WBG resources, and large-scale financing. A principal goal of the action plan is to build financing mechanisms to help the global community support global public goods, such as climate action in developing countries
    DOI: 10.1596/38173
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    Remarks by World Bank Group President David Malpass at the U.S. Treasury's MDB Governors Roundtable on the Partnership for Global Infrastructure and Investment (PGII) and Private Capital Mobilization (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Business Environment ; Environment ; Green Issues ; Infrastructure Economics and Finance ; Law and Development ; Private Participation in Infrastructure ; Private Sector Development ; Private Sector Development Law
    Abstract: These remarks were delivered by the World Bank Group President David Malpass at the U.S. Treasury's MDB Governors Roundtable on the Partnership for Global Infrastructure and Investment (PGII) and Private Capital Mobilization on October 18, 2022. He mentioned three of the World Bank activities as follows: (i) First is World Bank's trust funds and Financial Intermediary Funds, such as Global Infrastructure Facility and Public-Private Infrastructure Advisory Facility, which the Bank established as an Umbrella program to increase their upstream advisory support; (ii) Second, the World Bank actively use guarantees to increase capital flows to infrastructure and is working on ways to catalyze more private capital through appropriate de-risking instruments; and (iii) Third, World Bank's work on Quality Infrastructure Investment (QII) is key to increasing private investment opportunities. He also shared the following three updates: (i) First, he was pleased to see that the G20 adopted the Compendium of QII Indicators; (ii) Second, the World Bank works closely with client countries and development partners at the upstream level to improve the enabling environment for the private sector; and (iii) Third, The World Bank is of course working on new ideas and he welcomed their engagement here too. He said that importantly, the World Bank introduced the SCALE trust fund at last week's Annual Meetings. He concluded by saying that he wants to be using the full suite of World Bank, IFC, and MIGA financing instruments and capabilities to unlock larger volumes of private finance for quality, sustainable infrastructure
    DOI: 10.1596/38291
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    Spring Meetings Press Conference Opening Remarks by World Bank Group President David Malpass (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Armed Conflict ; Climate Change Impacts ; Conflict and Development ; Covid-19 ; Environment ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Immunizations ; Inflation ; Macroeconomics and Economic Growth
    Abstract: These opening remarks were delivered by World Bank Group President David Malpass at Spring Meetings Press Conference on April 20, 2022. He said that we are facing COVID-19, inflation, and the war in Ukraine. He spoke about the World Bank Group has been acting fast in the face of the crises: first the Coronavirus (COVID-19) surge financing in over the last two years, which was one of the fastest and largest in our history; and now putting money into Ukraine and have moved quickly both to commitments and disbursements, including nearly 1.5 billion dollars that he announced in Poland last week. He mentioned that the World Bank Group is also working actively on climate, through its Climate Change Action Plan and the formation of Country Climate and Development Reports (CCDRs), which will identify the high priority items country by country, in their efforts to mitigate and to adapt to climate change. He was intrigued to see and welcomed India's moves the day before and that day to begin to sell from its stockpiles. He said that one of the solutions for the world is to recognize that markets are forward looking. He mentioned that the central banks can use tools that add to supply and that allow capital allocation to be improved. He concluded by saying that as interest rates rise, the debt pressures are mounting on developing countries, and we need to move urgently towards solutions
    DOI: 10.1596/37771
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    Remarks by World Bank Group President David Malpass at the 2nd Ministerial Roundtable for Support to Ukraine (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Conflict and Development ; Disaster Management ; International Affairs ; Post Conflict Reconstruction
    Abstract: These remarks were delivered by World Bank Group President David Malpass at the 2nd Ministerial Roundtable for Support to Ukraine on October 12, 2022. Ukraine's basic non-military budget financing needs, dominated by essential social services, are substantial and need continued external financing support. Even more is needed to repair roads, bridges, homes, schools, energy infrastructure, and clinics. And as winter sets in, urgent support is needed for energy supplies and preparations for homes. To mobilize additional support, the World Bank has established a multi-donor fund to help the government sustain its capacity to deliver services, conduct relief efforts, and plan and implement the country's recovery and reconstruction
    DOI: 10.1596/38172
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  • 27
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    Remarks by World Bank Group President David Malpass at the G20 Finance Ministers and Central Bank Governors' Meeting - Annual Meetings 2022 : Sessions 2, 4 and 5 (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Capital Markets and Capital Flows ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; Infrastructure Investment
    Abstract: These remarks were delivered by World Bank Group President David Malpass at the G20 Finance Ministers and Central Bank Governors' Meeting - Annual Meetings 2022 on October 14, 2022. He spoke about the following: (i) International financial architecture; (ii) infrastructure investment; and (iii) sustainable finance
    DOI: 10.1596/38360
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  • 28
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    Business Case for Creating Respectful Workspaces in Sri Lanka (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Law and Development ; Social Conflict and Violence ; Social Development ; Social Protections and Labor ; Work and Working Conditions
    Abstract: Workplace violence and harassment is pervasive, and it affects all countries, occupations, and work arrangements. This problem comprises a range of unacceptable behaviors that result in, or threaten physical, psychological, sexual, or economic harm, including gender-based violence and harassment. Between 2020 and 2022, the International Finance Corporation (IFC) conducted a study to better understand the prevalence and impact of violence and harassment on employees and businesses in Sri Lanka. This research covered workplace experiences and behaviors, and how these affect employees. The findings presented in this report will be used to develop tools and resources to help companies prevent and address violence and harassment connected with the workplace. The findings demonstrate the importance of employers' measures to address workplace violence and harassment, including through implementing measures that are consistent with International Labour Organization Convention 190 on Violence and Harassment
    DOI: 10.1596/38338
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  • 29
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    Introductory Remarks by World Bank Group President David Malpass at the State of the Global Economy Event Organized by Brookings Institution (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Conflict and Development ; Energy ; Food Security ; Inequality ; Inflation ; Macroeconomics and Economic Growth ; Municipal Bond Markets ; Poverty Reduction ; Urban Development
    Abstract: These opening remarks were made by World Bank Group President David Malpass at the State of the Global Economy Event Organized by Brookings Institution on July 13, 2022. Mr. Malpass said the world is facing multiple crises, including the sharpest slowdown in GDP growth in 80 years, the risk of a frozen crisis in Ukraine due to Russia's invasion, and a massive worsening in global inequality as advanced economies absorb the limited supplies of global capital and energy. Global growth is not expected to rebound in 2023, given energy supply constraints; the long overdue normalization of interest rates and bond yields in the advanced economies; and the misallocation of investments that has pushed much of the world's savings into bonds, mostly bonds issued by governments and overcapitalized borrowers. The global economy is also facing significant downside risks. These include intensifying geopolitical tensions, the fragility in many countries, the potential for an extended period of stagflation, the widespread financial stress that's caused by the higher borrowing costs, and food insecurity
    DOI: 10.1596/37807
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  • 30
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    Transcript of Conversation with David Malpass and Samantha Power on the Way Forward (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Conflict ; Conflict and Development ; Food Security ; Fragile States ; Inflation ; Poverty ; Poverty Reduction ; Social Protections and Labor ; Social Safety Nets ; Usaid
    Abstract: These remarks were delivered by the World Bank Group President David Malpass in conversation with Samantha Power, USAID Administrator on June 21, 2022. They discussed about the impact of overlapping global crises on the poorest and most vulnerable people. The world, as people know, is in a very complicated situation, especially for people in poorer countries and the poor worldwide. It has to do with inflation, with food, with conflict, fragility, issues that we work with every day at the World Bank and USAID does, too. As people know, the World Bank works on an array of development issues and including and especially right now food and fertilizer. We have announced 30 billion dollars of assistance in the food-related areas as part of our response to the current set of crises. And one of the challenges is, in specific country areas, to find the right program. And we work very, very closely with development assistance agencies around the world, including and especially USAID
    DOI: 10.1596/37768
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    Remarks by World Bank Group President David Malpass to the 52nd Washington Conference on the Americas (2022)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Covid-19 ; Energy ; Energy Finance ; Energy Sector Regulation ; Equity and Development ; Fertilizers ; Food Security ; Inequality ; Inflation ; Poverty Reduction
    Abstract: These remarks were delivered by World Bank Group President David Malpass to the 52nd Washington Conference on the Americas. He discusses: the Bank forecast that Latin America and the Caribbean will grow by only 2.3 percent in 2022. Energy, food, and fertilizer prices are rising at a pace not seen in many years, hitting the region's poor particularly hard. The commodity price boom will benefit natural resource exporters and government revenue. One key unfolding crisis is the rise of inflation in advanced economies. At the primary and secondary levels, the learning losses from the Coronavirus disease 2019 (COVID-19) lockdown policies need to be urgently addressed. As the leaders from the region gather for the Summit of the Americas in Los Angeles, it provides an opportunity to be strategic in addressing the challenges ahead
    DOI: 10.1596/37805
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    Remarks by World Bank Group President David Malpass at the Virtual COVID-19 Global Action Plan Foreign Ministerial Meeting (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Communicable Diseases ; Disease Control and Prevention ; Health, Nutrition and Population ; Immunizations
    Abstract: These remarks were delivered by World Bank Group President David Malpass at the Virtual COVID-19 Global Action Plan Foreign Ministerial Meeting on July 19, 2022. He said that Coronavirus (COVID-19) has highlighted the pressing need for action to build stronger health systems and mobilize additional resources for Pandemic Prevention, Preparedness, and Response or PPR. He mentioned that when COVID-19 struck, it required immediate support for developing countries, and the World Bank Group mounted the fastest and largest response in our history with operations in over 100 countries. He declared that the World Bank Group is working closely with the COVID-19 Vaccine Delivery Partnership to support focus countries to achieve their coverage goals. He said that they have worked closely with the WHO, IMF, and WTO throughout the pandemic. He also added that they have also worked with other development partners, including USAID and JICA, to strengthen the laboratory capacity of regional entities, such as the Africa CDC. He mentioned that the World Bank Group is proceeding quickly to establish a financial intermediary fund or FIF to mobilize additional resources for PPR and complement efforts to strengthen health systems in developing countries and regions. He concluded by saying that they look forward to more countries joining this partnership, to strengthening health systems further, and to working together on this critical agenda, including at the Tokyo International Conference on African Development (TICAD) in August in Tunisia
    DOI: 10.1596/37812
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    Remarks by World Bank Group President David Malpass at the State of Global Learning Poverty 2022 Update Report Launch (2022)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Access and Equity in Basic Education ; Education ; Education Reform ; Gender ; Primary Education ; Teacher Training
    Abstract: These remarks were delivered by World Bank Group President David Malpass at The State of Global Learning Poverty 2022 Update Report Launch on June 28, 2022. He said that the COVID-related school closures and disruptions have deepened the learning crisis and worsened inequalities in education. He highlighted that the World Bank estimates that the share of 10-year-old children in developing countries who are unable to read and understand a basic text is now at 70 percent. He insisted that it's urgent for political leaders to act decisively to recover and accelerate learning and avoid a human capital catastrophe. He suggested that they can do that by prioritizing four learning recovery strategies and investments: First, re-enroll and retain children in school; Second, focus on foundational learning; Third, assess students' learning levels; and Fourth, support teachers with the practical training and learning materials that are proven to help students recover lost learning rapidly. He mentioned that the World Bank is committed to working with partners in support of countries to achieve more equal, effective, and resilient education, particularly for girls. He concluded by saying that it's critical that children and youth of this generation have the opportunity to shape the future they deserve
    DOI: 10.1596/37718
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    The Business Case for Gender-Responsive Climate-Smart Mining (2022)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Women in Development and Gender Study
    Keywords: Energy ; Gender ; Gender and Economics ; Industry ; Social Aspects of Climate Change ; Social Development
    Abstract: Transitioning to a low-carbon economy is critical to the sustainability of the planet. A recent World Bank report found that increasing demand for clean energy technologies can increase demand for minerals such as graphite, lithium, and cobalt by nearly 500 percent by 2050. Even though the authors expect recycling rates to go up in the future, mining will still be required to supply critical minerals: the shift to a low-carbon future will be mineral-intensive, and mining will remain a critical industry. It is in this context that the World Bank Group established the climate-smart mining initiative (CSM), which is sustained by a partnership between industry and country governments. The initiative supports the sustainable extraction, processing, and recycling of the minerals and metals that are needed for low-carbon technologies. The concept is built upon four pillars: (i) climate mitigation; (ii) climate adaptation; (iii) reducing material impacts; and (iv) creating market opportunities
    DOI: 10.1596/37875
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    Creating Markets in Albania : Taking Advantage of New Trade and Investment Opportunities for a More Robust Private Sector - Country Private Sector Diagnostic (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Agribusiness ; Business Environment ; Emerging Markets ; Innovation ; Private Sector ; Private Sector Development ; Private Sector Economics
    Abstract: Despite a challenging transition period and a string of adverse shocks, in recent decades Albania has made major strides in raising per capita income and integrating into the world economy. A dynamic private sector has become the engine of Albania's economic development, and its increasing role continues to offer opportunities for expanding the country's economic base and promoting faster and more diversified export-oriented growth. Albania is endowed with considerable economic assets, including a strategic geographical position, exceptional natural beauty, and abundant renewable and nonrenewable resources. A politically stable environment, improving governance indicators, and a record of dependable macroeconomic policies have supported the process of European Union (EU) accession, which offers a wide array of opportunities for the development of the Albanian private sector. Because a small domestic labor pool and consumer market limit the potential for economies of scale, sustaining Albania's economic expansion will require intensifying its integration with the global economy. Despite decades of progress, Albania continues to face serious structural and policy challenges. The country's economic expansion has not been matched by commensurate improvements in productivity. In this context, the World Bank Group has prepared the following country private sector diagnostic (CPSD) to assist the authorities in their efforts to leverage Albania's geographic location, natural assets, and improved institutional and policy framework to promote diversification, competitiveness, and robust private-sector-led growth. The analysis highlights the importance of improving the business environment while stepping up investments in technology and innovation. The report explores three critical sectors for accelerating and diversifying growth: agribusiness and food processing, tourism, and automotive manufacturing
    DOI: 10.1596/37868
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    Creating Markets in Mali : Mobilizing the Private Sector for Economic Resilience and Recovery - Country Private Sector Diagnostic (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Access To Finance ; Agribusiness ; Agriculture ; Business Environment ; COVID-19 ; Emerging Markets ; Energy Sector ; Livestock ; Private Sector ; Private Sector Development ; Private Sector Economics ; Special Economic Zones
    Abstract: Until the onset of the coronavirus disease 2019 (SARS-CoV2) COVID-19 pandemic and despite the deteriorating security situation, Mali's economic growth averaged five percent since 2014, on par with its long-term potential. Mali's fragile state status has also taken a toll on economic activity and social welfare by reducing access to markets, threatening food security, and degrading human capital indicators. With an increasing debt burden resulting in limited fiscal space to address persistent security risks and to combat the COVID-19 pandemic, the government of Mali is compelled to refocus the role of the state and unleash the potential of the private sector to boost productivity growth, to diversify the economy away from a narrow base, and to ensure inclusive economic and social welfare for all Malians. The growth model will be readdressed around energizing investment, creating resilient markets, and building back better for a more resilient recovery via (a) improving the business environment; (b) crowding-in private participation in the delivery of infrastructure and certain public services; (c) ensuring that remaining state-owned enterprises and private firms compete on equal terms - that is, upholding competitive neutrality principles; (d) expanding public-private partnerships in key sectors, through transparent and competitive procurement; and (e) leveraging digital solutions by further enhancing digital infrastructure that would, in turn, increase the uptake of digital financial services and digital platforms for key sectors of the economy, such as agriculture, and digitize government services (e-government)
    DOI: 10.1596/37862
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    Creating Markets in Uganda : Growth through the Private Sector and Trade - Country Private Sector Diagnostic (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Agribusiness and Markets ; Business Environment ; Business in Development ; Global Value Chains and Business Clustering ; Private Sector Development ; Rural Development
    Abstract: This Country Private Sector Diagnostic (CPSD) investigates the potential for greater private sector investment to meet some of Uganda's development challenges. At least 600,000 Ugandans enter the labor market every year, making for a workforce that is increasingly younger and urban based. To address the country's simultaneous productivity and job challenge requires a focus on growth in sectors that can leverage demand from abroad, are labor intensive, and low skilled. Three sectors hold promise in this regard: agribusiness, which is important for productivity, employment, and export growth; energy as an enabler of overall productivity; and housing because of its role in fueling growth in the labor-intensive construction sector and alleviating the demographic pressures that rapid urbanization puts on Ugandan cities. Within the agribusiness sector, the CPSD considers three of the most promising value chains-fish, dairy, and maize-and undertakes a more disaggregated assessment of the environment for private investment
    DOI: 10.1596/37857
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    Creating Markets in Botswana - A Diamond in the Rough : Toward a New Strategy for Diversification and Private Sector Growth - Country Private Sector Diagnostic (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Business Environment ; Climate Change ; Climate Change Economics ; COVID-19 ; Economic Growth ; Energy ; Macroeconomics and Economic Growth ; Poverty Reduction ; Private Sector Development ; Private Sector Economics ; Water
    Abstract: Diamonds have been at the center of Botswana's growth miracle for decade - but the urgency to diversify is stronger than ever. Although Botswana's economy has undergone transformation over the past decades, the shift has been largely into non-tradable services, with limited gains in employment, income equality, and export diversification. In addition, Botswana's high vulnerability to climate change, which affects all major sectors of the economy, underscores the need to strengthen Botswana's response to climate factors as a basis for renewed, sustainable growth. A positive growth outlook and steps taken as part of the Coronavirus disease 2019 (COVID-19) crisis response should give the government new impetus to accelerate reforms. Success in diversifying the economy will depend on the decisive implementation of structural measures to increase private sector participation in nonmineral exports and transformative sectors. The dominant role that the government of Botswana still plays in large parts of the economy, particularly through its footprint as a shareholder in companies in the corporate sector, is a critical constraint that inhibits the entry and success of private sector participants. Gaps in infrastructure, access to finance, and skills are additional key constraints to employment and productivity growth. A coordinated approach to financing entrepreneurship and policies to increase uptake of digital finance can help close the gap. Trade barriers are another key cross-cutting constraint for the private sector, and a greener path for the economy can be unlocked by facilitating improved trade in environmental goods and services (EGS). Three key recommendations for the energy sector are as follows. The first recommendation is the fast tracking of instruments to facilitate investment in energy infrastructure development, including independent power producer (IPP) licensing, and procurement guidelines and processes. The second recommendation is the enhancement of the institutional capacity and governance model of the Botswana Energy Regulatory Authority (BERA). The third recommendation is the development of credit-enhancement and risk-mitigation strategies and supporting instruments to attract and mobilize private sector investment
    DOI: 10.1596/37881
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    Creating Markets In Honduras : Fostering Private Sector Development for a Resilient and Inclusive Economy - Country Private Sector Diagnostic (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Business in Development ; Gender ; Gender and Economic Policy ; Governance ; Private Sector Development ; Private Sector Economics ; Unemployment
    Abstract: Honduras has significant investment potential, with ample productive resources, a solid industrial base, a market-oriented reform agenda, a strategic location with access to many international markets, and a growing labor force. The country's young and growing population is yielding a demographic dividend, which presents new opportunities for economic growth and diversification, especially in the service sectors such as business-process outsourcing (BPO) and in development of digital financial services (DFS). Honduras's rich endowment of resources and improving business climate have attracted rising levels of private investment, and the country achieved the second highest tradeto-GDP ratio in the Latin America and the Caribbean region prior to COVID-19 crisis. However, large-scale investment and trade have yet to generate rapid economic growth and robust poverty reduction. The public and private sectors will both play vital roles in Honduras's economic recovery. Ongoing targeted support will be necessary to address the health and humanitarian consequences of the pandemic, mitigate the resulting increase in poverty and inequality, and support the resumption of economic activity. This Country Private Sector Diagnostic (CPSD) is designed to help guide Honduras's private sector development agenda in this challenging and rapidly evolving context
    DOI: 10.1596/37871
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    Remarks by World Bank Group President David Malpass at the G20 Finance Ministers and Central Bank Governors Meeting Held During the 2022 Annual Meetings (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Health Care Services Industry ; Industry ; Public Health Promotion
    Abstract: This report discusses the remarks delivered by World Bank Group President David Malpass at the G20 Finance Ministers and Central Bank Governors meeting held during the 2022 annual meetings. He discusses: the world needs to be much better prepared to respond to pandemics, catastrophes, and health emergencies. Investing in prevention and preparedness now will save lives and, over the medium term, will save resources. Since the COVID-19 pandemic is not yet behind us, let me first say a few words about our efforts to support countries through this pandemic. I'll then turn to the topic of preparedness and financing for future health crises. The World Bank Group's 157 billion dollars response to COVID-19 was unprecedented. It was the fastest and largest growth in our history. This helped countries evaluate their health capacity gaps, finance their health systems, secure vaccines, and turn those vaccines into actual vaccinations in the poorest countries. As of last week, our financing has helped 67 countries purchase over half a billion doses. Doses closely connected. The doses are closely connected to our financing of country deployment programs and monitoring, through workforce training, public awareness campaigns, logistics, cold chain capacity, syringes, and testing kits. Preparedness and building for the future are core to the World Bank's mission through comprehensive health projects. We are working to strengthen health systems in over 100 countries with an active portfolio totaling 30 billion dollars
    DOI: 10.1596/37018
    URL: Deutschlandweit zugänglich
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    Remarks by World Bank Group President David Malpass to G20 Finance Ministers and Central Bank Governors on the Global Economy and Health Agenda (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Energy ; Energy Production and Transportation ; External Debt ; Fertilizer ; Finance and Financial Sector Development ; Food Security ; Health Economics and Finance ; Health, Nutrition and Population ; Recession
    Abstract: These opening remarks were made by World Bank Group President David Malpass to G20 Finance Ministers and Central Bank Governors on the Global Economy and Health Agenda on July 15, 2022. The report discusses about the COVID-19 pandemic and now Russia's invasion of Ukraine have caused a humanitarian and economic catastrophe. Recessions are likely in many countries. This will put heavy new burdens on fiscal deficits and debt markets. Ukraine is severely affected. The World Bank Group has been using all our tools to mobilize emergency financing for Ukrainians. More than 6 billion dollars of this financing has already been disbursed. The danger for other developing countries is acute due to inflation, currency depreciation, rising debt service costs, and the collapse of international reserves. These problems are severely constraining future growth and deepening inequality and fragility. The diversion of natural gas to Europe presents grave obstacles to developing country production of electricity, food, and fertilizer. Priority areas identified to complement work by existing institutions include disease surveillance; laboratory systems; emergency communication, coordination, and management; critical health workforce capacities; and community engagement
    DOI: 10.1596/37809
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    Recorded Remarks by World Bank Group President David Malpass at the World Government Summit 2022 (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Adaptation to Climate Change ; Climate Change Economics ; Economic Diversification ; Energy ; Energy and Economic Development ; Energy Resources Development ; Environment ; Macroeconomics and Economic Growth ; Solar Energy
    Abstract: This report discusses the remarks delivered by World Bank Group President David Malpass at the World Government Summit 2022. He discusses: Middle East and North Africa (MENA) will soon be the epicenter of the upcoming climate action discussions, with Egypt hosting COP27 and UAE COP28. From a global perspective, more access to clean energy will be critical for development. 760 million people, many of whom live in the poorest countries, remain without access to electricity. Regional cooperation on energy can bring GCC financing and expertise to the rest of the MENA region. With the current situation in commodity markets, the fiscal bill for fuel subsidies will crowd out many other activities if left unreformed
    DOI: 10.1596/37794
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    Remarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Action (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Adaptation to Climate Change ; Climate Change Mitigation and Green House Gases ; Coal and Lignite ; Energy ; Environment
    Abstract: This report discusses the remarks delivered by World Bank Group President David Malpass at the seventh ministerial meeting of the coalition of finance ministers for climate action. He discusses: many climate interventions and projects offer large global public good benefits but require substantial resources and compensations and may offer no financial returns. The challenge is how to incentivize these activities. As carbon markets scale, they may provide part of the flow of financial benefit to support projects that reduce carbon emissions. To address this part of the challenge, the Bank have prepared a concept note that presents pooling private sector contributions in support of greenhouse gas (GHG) emission reduction projects into a financing platform in exchange for verified carbon credits. Globally, Finance Ministries also need to catalyze the private sector to help close the financing gap for investments in mitigation and adaptation
    DOI: 10.1596/37797
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    Remarks by World Bank Group President David Malpass on World Environment Day 2022 - Mobilizing Communities for Sustainability : The Role of the Indian State (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Adaptation to Climate Change ; Climate Change ; Climate Change Impacts ; Environment ; Natural Resources Management ; Rural Development
    Abstract: These were the remarks delivered by World Bank Group President David Malpass on World Environment Day 2022 about Mobilizing Communities for Sustainability : The Role of the Indian State on June 5, 2022. He said that on the occasion of the world's environment day and in honor of Prime Minister Modi's focus on Lifestyle for the Environment (LiFE) and his call for papers, he was guided to the ancient texts of India and enlightened by their great respect for the natural world and the environment. He focused on the question of what the state can do to mobilize communities at scale for sustainable economic growth and development. He mentioned that localizing decisions to the community level has been an important part of India's development philosophy. He highlighted on getting prices right remains a vital prerequisite for changing behaviors of communities and strengthening the economy. He said that getting institutions right is also a vital prerequisite. He mentioned that alongside community motivators, mobilizing communities around development and climate-related issues will require more effective local governments and local administration. He said that to help support change, India has an impressive system of cash and non cash transfers that forms the foundation of a strong social protection system using a unique ID mechanism. He also added that it is vitally important, the state must get pricing policies and institutions right in order to credibly invite communities to participate in development programs as part of a mass movement. He said that they look forward to supporting this with a whole of World Bank approach combining the full resources and energy of the IBRD, IDA, IFC and MIGA. He highlighted that call for papers offers the opportunity to use scholarly work to understand better how policies and institutions matter in incentivizing and leveraging communities around development issues. He concluded by saying that let us not lose this learning opportunity being offered here that day by Prime Minister Modi, who said recently that once people are determined to do something together, they do wonderful things
    DOI: 10.1596/37770
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    Remarks by World Bank Group President David Malpass to the Europe Institute at the University of Zurich (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Conflict and Development ; Debt ; Energy ; Energy Demand ; Energy Resources Development ; Finance and Financial Sector Development ; Global Public Goods ; Inflation ; Refugees ; Social Development ; Voluntary and Involuntary Resettlement
    Abstract: These remarks were delivered by World Bank Group President David Malpass to the Europe Institute at the University of Zurich. He discusses on: Churchill symposium; Ukraine, refugees, and fragility; energy realignment; inflation, debt, and growth; the challenge of global public goods; and Swiss partnership
    DOI: 10.1596/37784
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    Remarks by World Bank Group President David Malpass to the African Consultative Group at the 2022 Spring Meetings (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Conflict and Development ; Economic Insecurity ; Environment ; Environmental Disasters and Degradation ; Food Security ; Macroeconomics and Economic Growth
    Abstract: These remarks were delivered by World Bank Group President David Malpass to the Development Committee at 2022 Spring Meetings on April 22, 2022. The war in Ukraine is an added challenge to catastrophic droughts, the surge in food prices, and disruptions of food supply chains. An estimated 100 million people in Sub-Saharan Africa are expected to face food insecurity in the coming months. In Ethiopia, South Sudan and Madagascar, there were no rains for the past three years. In the Horn of Africa alone, twenty-five million people are facing famine. The Sahel faces drought, environmental degradation, displacement, poor trade integration, and the deteriorating security situation are key factors. Cameroon, the Gambia, Sudan, Tanzania, Kenya, and South Africa were major importers of agri-food products originating from Russia. Djibouti, Egypt, and Tunisia have already been experiencing high food price inflation over the past year owing to the region's dependence on cereal imports
    DOI: 10.1596/37783
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    Remarks by World Bank Group President David Malpass to the U.S. Treasury's Event on Tackling Food Insecurity : The Challenge and Call to Action (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Energy ; Energy and Economic Development ; Food Security ; Human Migrations and Resettlements ; Social Development ; Voluntary and Involuntary Resettlement
    Abstract: These remarks were delivered by the World Bank Group President David Malpass to the U.S. Treasury's Event on Tackling Food Insecurity : The Challenge and Call to Action, on April 19, 2022. He spoke about Russia's invasion of Ukraine has triggered major threats to global food and nutrition security. He mentioned that the global food and fertilizer prices were already on the rise prior to the war. He added that food and nutrition insecurity were also rising. He described that the deepening of the crisis in the last two months is directly linked to the terrible war being waged by Russia on Ukraine, and the costly financial, shipping, and logistical hurdles now faced by agribusinesses and importers. He also said that food crises are particularly devastating for the poorest and most vulnerable people. He expects to launch an overall surge in their financial support in coming weeks. He told them that funding for food security will be an important component. He also mentioned two mechanisms that can be mobilized alongside IDA and IBRD, to boost food security and resilience, in a well-coordinated manner as follows: (i) the Global Agriculture and Food Security Program (GAFSP), which was set up by the G20 in response to the 2007-2008 food crisis; and (ii) the World Bank also hosts a multi-donor Trust Fund, Food Systems 2030, that can help countries strengthen their food systems to meet short and long-term goals. He spoke about the tragedy unfolding in Ukraine must not be compounded with another tragedy - a global food crisis. He concluded by saying that they can count on the World Bank Group to work with all partners to help the people of developing economies to confront these challenges
    DOI: 10.1596/37799
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    Spring Meetings 2022 Media Roundtable Opening Remarks by World Bank Group President David Malpass (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Communicable Diseases ; Disease Control and Prevention ; Energy ; Energy Markets ; Equity and Development ; Health, Nutrition and Population ; Inequality ; Inflation ; Macroeconomics and Economic Growth ; Poverty Reduction
    Abstract: This report discusses the remarks delivered by World Bank Group President David Malpass at the spring meetings 2022 media roundtable opening. He discusses on Coronavirus disease 2019 (COVID-19), inflation, and Russia's invasion of Ukraine
    DOI: 10.1596/37796
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    Remarks by World Bank Group President David Malpass at the Ninth World Water Forum in Dakar, Senegal (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Access To Finance ; Conflict ; Environment ; Finance and Financial Sector Development ; Law and Development ; Water Resources ; Water Resources Law ; Water Resources Management ; Water Supply and Sanitation
    Abstract: These remarks were delivered by World Bank Group President David Malpass at Remarks by World Bank Group President David Malpass at the Ninth World Water Forum in Dakar, Senegal on March 21, 2022. At the Fragility Forum at the World Bank in early March, we showed that 23 countries, with a combined population of 850 million people, are facing high, or medium-intensity conflict. Over 300 million people in fragile and conflict settings experienced acute food insecurity in 2021, and the war in Ukraine is making shortages and food price spikes even worse. The COVID-19 pandemic has brought dramatic reversals in development outcomes. Indicators of poverty, growth, nutrition, education, and security are all deteriorating, rather than improving as is needed for the world to truly develop. The latest hammer blow is inflation and rising interest rates. They hit the poor the hardest and make inequality worse. Today's world faces other enormous challenges. The Water Forum today focuses on the importance of water security for development and peace. Population growth and increased use of water are creating water scarcity and intense competition for water. Ongoing climate change heightens the water crisis, which is starkly evident in Africa. Only 58 percent of Africans have access to safe drinking water. Only 10 percent of hydroelectricity potential is being put to work. Globally, 2 billion people lack access to safely managed drinking water and over 3.6 billion people lack safely managed sanitation
    DOI: 10.1596/37772
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    Creating Markets in Sri Lanka : Private Sector-Led Inclusive Growth from Islands of Excellence: Country Private Sector Diagnostic (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Agribusiness ; Agricultural Sector Economics ; Agriculture ; Covid-19 ; General Manufacturing ; Industry ; Information and Communication Technologies ; Information Technology ; Private Sector Development ; Private Sector Economics
    Abstract: Sri Lanka is a country of paradoxes. With the lowest poverty rates, best social indicators, and highest per capita income in South Asia, Sri Lanka's economic performance since independence had generally been hailed as a success before the current debt crisis. However, past performance occurred amidst many distortions and an economy less open than its peers, largely reflecting the strong involvement of the state in the economy. Even if this interventionist model of economic policy and the presence of many state-owned enterprises (SOEs) served the country well through the years of conflict and their aftermath, it is no longer sustainable. Indeed, after the rapid growth of the peace dividend in the years post-2009, the economy has faltered and progress on social indicators has stagnated. Many of market distortions remain and have been exacerbated by COVID-19. Understanding how, despite these handicaps, Sri Lanka achieved positive economic and social outcomes in the past provides the building blocks of a realistic, forward-looking growth strategy, one of the objectives of this Country Private Sector Diagnostic (CPSD). The research for this report was conducted prior to the current crisis, but the recommendations remain relevant to implementing public policies that will support private sector-led inclusive and sustainable growth
    DOI: 10.1596/37839
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    Remarks by World Bank Group President David Malpass to G20 Finance Ministers and Central Bank Governors at the 2022 Spring Meetings (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Conflict and Development ; Finance and Financial Sector Development ; Financial Structures ; Health, Nutrition and Population ; Immunizations ; Post Conflict Reconstruction ; Social Development ; Voluntary and Involuntary Resettlement
    Abstract: These remarks were delivered by World Bank Group President David Malpass to G20 Finance Ministers and Central Bank Governors at the 2022 Spring Meetings on April 20, 2022. He spoke about the following: (i) Global Economy and Risk; (ii) Global Health Issues; and (iii) International Financial Architecture
    DOI: 10.1596/37885
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    Remarks by World Bank Group President David Malpass at the High-Level Event on Access to Grains and Fertilizers in Africa During UNGA 77 (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Climate Change and Agriculture ; Energy ; Energy Demand ; Energy Markets ; Food Security
    Abstract: This report discusses the readout from World Bank Group President David Malpass's meeting at the at the High-Level event on access to grains and fertilizers in Africa during UNGA 77. The global food, energy, and fertilizer crisis is taking a toll on developing countries. These sectors are closely interlinked. Natural gas is used both as a feedstock and energy source in the production of ammonia, accounting for 70 to 80 percent of ammonia production costs. The rapid increase in gas prices has turned into an increase in fertilizer prices, with fertilizer prices tripling over the past two years. Last Friday, we released our Food Security Update, despite the recent stabilization of agriculture prices and the resumption of grain exports from the Black Sea, high food inflation and food security remain a critical concern. The challenge is meeting the immediate demand for fertilizers to support next season's crops. Current projections suggest that Africa's unmet demand could reach four million metric tons this year, with West Africa facing the most acute challenges this growing season
    DOI: 10.1596/38064
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    Remarks by World Bank Group President at the Opening Session of the 8th Tokyo International Conference on African Development (TICAD 8) (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Access of Poor To Social Services ; Poverty Reduction ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: These remarks were delivered by World Bank Group President, David Malpass at the Opening Session of the 8th Tokyo International Conference on African Development (TICAD 8) on August 27, 2022. He said that the World Bank Group remains a committed, long-term partner to Africa, and nearly half of IBRD and IDA funding goes to Africa, and they work together closely in several areas as follows: First, the World Bank Group is advising governments on necessary trade policies, including on the need to avoid export bans and other trade-restrictive measures; Second, help African countries provide much needed, targeted social protection for the most vulnerable; and Finally, much of work in Africa is supported by IDA, their fund for the world's poorest. He concluded by reaffirming his special thanks to Prime Minister Kishida for his leadership in promoting the cause of developing countries and effective international financial institutions, and their very strong partnership with Japan
    DOI: 10.1596/37969
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    Annual Meetings 2022 Media Roundtable Opening Remarks by World Bank Group President David Malpass (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Environment ; Equity and Development ; Green Issues ; Poverty and Policy ; Poverty Reduction ; Pro-Poor Growth ; Recession
    Abstract: Transcript of the remarks delivered by President David Malpass at the 2022 World Bank Group annual meetings media roundtable. He outlines the most urgent current crises facing development, and answers questions from participants
    DOI: 10.1596/38126
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    Remarks By World Bank Group President David Malpass at an Event for the Africa Higher Education Centers of Excellence : A Pathway Towards Sustainable Development (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Education ; Education for the Knowledge Economy ; Education Indicators and Statistics ; Science and Technology Development ; Science Policies
    Abstract: These remarks were delivered by World Bank Group President David Malpass at an event for the Africa Higher Education Centers of Excellence : A Pathway Towards Sustainable Development on October 17, 2022. He congratulated the ACE centers, and their host institutions and governments for working across borders to achieve impressive innovative research outputs and the training of the next generation of Africa's scientists, engineers, ICT specialists and teachers across the priority sectors of education, health, agriculture, STEM, and environment. He also thanked the Association of African Universities (AAU), the Inter-University Council of East Africa, the French National Research Institute for Sustainable Development (IRD), the French Development Agency (AFD), and the China-World Bank Partnership Facility. He said that the ACE program offers regional specializations which are attracting students, researchers, and industry from the entire continent and enhancing regional integration in Africa. In keeping with the focus on leveraging partnerships, last month the World Bank entered into a Memorandum of Understanding with six Historical Black Colleges and Universities (HBCUs). He highlighted that the ACEs are a great example of how building coalitions for change can help to enhance tertiary education in Africa. He concluded by saying that he looks forward to hearing about the innovation and impact of the ACEs as he walks through the exhibition
    DOI: 10.1596/38293
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    Remarks by World Bank Group President David Malpass at the 2022 Annual Meetings Plenary (2022)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Climate Change Economics ; Economic Conditions and Volatility ; Economic Growth ; Energy ; Energy Demand ; Food Security ; Macroeconomics and Economic Growth
    Abstract: These are the remarks delivered by World Bank Group President David Malpass at the 2022 Annual Meetings Plenary on October 14, 2022. He spoke about the following: (i) update on the Bank Group's financial results and a few of the immense challenges during COVID-19;(ii) emergency financing for Ukraine; (iii) capital Increases of IBRD and IFC; (iv) the IDA20 replenishment; (v) the Bank has established a new Financial Intermediary Fund (FIF) for Pandemic Prevention, Preparedness, and Response (PPR); (vi) Global Alliance for Food Security with the German G7 Presidency; (vii) SCALE, a new umbrella trust fund for the Bank's results-based climate activities; (viii) publishing Bank's Country Climate and Development reports, or CCDRs; and (ix) continue to work toward broad-based growth that reduces poverty and lifts all countries and all people
    DOI: 10.1596/38294
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    Remarks by World Bank Group President Malpass at the G7 Ministerial Conference on Uniting for Global Food Security (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agricultural Trade ; Agriculture ; Conflict and Development ; Fertilizers ; Food Security ; International Affairs
    Abstract: These remarks were delivered by World Bank Group President Malpass at the G7 Ministerial Conference on Uniting for Global Food Security on June 24, 2022. He said food systems were fragile even before Russia invaded Ukraine, and the war has now accelerated a global food crisis. He recommended the following actions that countries should take to mitigate impacts of higher food prices and make sure that the most vulnerable continue to have food: First, support vulnerable households through social safety nets and well-targeted cash transfers; Second, enhance the next season's production by facilitating farmers' access to agriculture inputs such as fertilizers; Third, invest in strengthening the resilience of food systems; and fourth, and most importantly, facilitate increased trade by building international consensus. He said that to help countries taking these actions, the World Bank Group is making up to thirty billion available over the next fifteen months. He highlighted that together with the G7 Presidency, the World Bank has co-convened the Global Alliance for Food Security - an alliance for countries and organizations to support existing initiatives and catalyze an immediate and concerted response. He concluded by saying that he looks forward to more opportunities to work with G7 member countries and other organizations
    DOI: 10.1596/37719
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    Transcript of Conversation with David Malpass and Masood Ahmed on the Way Forward (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Climate Change Economics ; Conflict ; Conflict and Development ; Economic Insecurity ; Food Security ; Inequality ; Macroeconomics and Economic Growth ; Poverty ; Poverty Reduction
    Abstract: These remarks were delivered by the World Bank Group President David Malpass in conversation with Masood Ahmed, the President of the Center for Global Development on May 26, 2022. They both discussed on the following topis: (i) respond to the COVID crisis and now to the latest set of crises from Russia's invasion of Ukraine; (ii) the world moves away from the dependence on Russian energy, then new supplies will be vital; (iii) COVID Vaccination; (iv) fighting climate change; (v) global public goods; (vi) climate change action plan; (vii) climate financing; (viii) sustainable debt finance process; (ix) food security and infrastructure development; (x) possible global recession; (xi) education sector; (xii) human capital index; (xiii) the G7 communique; and (xiv) low-income households
    DOI: 10.1596/37769
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    Remarks by World Bank Group President David Malpass at the 2022 Ibrahim Governance Forum (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Armed Conflict ; Climate Change Economics ; Climate Change Impacts ; Conflict and Development ; Covid-19 ; Debt ; Environment ; Inflation ; International Migration ; Macroeconomics and Economic Growth ; Post Conflict Reconstruction
    Abstract: These remarks were delivered by World Bank Group President David Malpass at the 2022 Ibrahim Governance Forum on May 25, 2022. He spoke about the world is facing a dangerous period of overlapping crises of the COVID-19 pandemic, inflation, debt, and Russia's invasion of Ukraine. He explanied that Africa is particularly vulnerable to the impacts of the overlapping crises. He spoke about climate interventions and projects offer large global public good benefits, but many require substantial external funding as well as a comprehensive policy framework. He emphasized the importance of strong governance and sound institutions to confronting climate challenges in Africa, the area which is at the core of the Mo Ibrahim Foundation's work. He highlighted that the Ibrahim Index of African governance is vital in understanding the overall trajectory of governance in Africa and informing decision-making processes, including in response to climate change. He said that building a more climate-resilient Africa does not mean slowing down development or the progress toward achieving SDG7. He concluded by saying that various steps will be essential in Africa's transition from subsistence farming to productive economic activity in agriculture, services, industry, and public sectors
    DOI: 10.1596/37781
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    Remarks by World Bank Group President David Malpass at the 2nd Global COVID-19 Summit (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Capacity Building ; Communicable Diseases ; Disease Control and Prevention ; Health Systems Development and Reform ; Health, Nutrition and Population ; Pharmaceuticals and Pharmacoeconomics
    Abstract: These remarks were delivered by World Bank Group President David Malpass at the 2nd global Coronavirus disease 2019 (COVID-19) summit. He discusses: the World Bank Group is working hard to support developing countries with their health programs. Looking ahead, the new financial intermediary fund (FIF) - for pandemic prevention, preparedness, and response at the World Bank will complement the financing and technical advice - core instruments that strengthen health systems and preparedness. With support from the G20, the Bank is proceeding quickly to develop the FIF, working with interested governments, the World Health Organization (WHO), and other partners. To achieve better health outcomes, developing countries need strong political leadership, commitment, and consistent domestic investments. They also need more financial support from the international community to build capacity
    DOI: 10.1596/37804
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    Remarks by World Bank Group President David Malpass at World Bank Group 2022 Spring Meetings Ministerial Roundtable for Support to Ukraine (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Armed Conflict ; Conflict and Development ; Economic Assistance ; Finance and Financial Sector Development ; Financial Sector and Social Assistance ; Macroeconomics and Economic Growth ; Post Conflict Reconstruction ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: These remarks were delivered by World Bank Group President David Malpass at World Bank Group 2022 Spring Meetings Ministerial Roundtable for Support to Ukraine on April 21, 2022. He said that he has been deeply horrified and shocked by Russia's invasion of Ukraine, the atrocities committed against the civilian population, and the loss of life and livelihoods for millions of Ukrainians. He mentioned that since the invasion, the World Bank Group has provided fast-disbursing financial support to help the government provide critical services, pay wages for hospital workers, public servants, and the elderly. He insisted that It will be important for all partners to continue coordinating their support for Ukraine's budget needs. He described that the World Bank Group is working toward three phases of the recovery effort of relief, recovery, and resilience. He said that as the war continues, the World Bank Group will work to build confidence in Ukraine's financial, monetary, and fiscal institutions, fostering currency stability as they go forward. He mentioned that rebuilding will take hard work, determination, and struggle, but he remains optimistic. He concluded by saying that with our collective support, Ukraine can achieve a brighter future
    DOI: 10.1596/37782
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    Remarks by World Bank Group President David Malpass at Fragility Forum 2022 : Development and Peace in Uncertain Times (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Adaptation to Climate Change ; Agriculture ; Climate Change and Agriculture ; Conflict ; Conflict and Development ; Environment ; Equity and Development ; Poverty Reduction ; Social Development ; Voluntary and Involuntary Resettlement
    Abstract: These remarks were delivered by World Bank Group President David Malpass at Fragility Forum 2022, Development and Peace in Uncertain Times on March 7, 2022. He said that there are no words to express the horror of the Ukrainian people, and the World Bank Group is doing everything it can to assist Ukraine and the region. He spoke about the largest refugee flow in Europe since WW2. He explained that they are assessing the consequences and how the WBG can respond, both in eastern Europe and in fragile countries around the world. He was hoping this fragility forum will confront challenges and provide new ideas on how the international community can more effectively help people facing conflict and fragility. He mentioned the following: (i) first, we are living in a world where protracted armed conflict keeps increasing, as we have seen in the Middle East and Africa, where immensely destructive impacts are reversing decades of progress in development; (ii) second, the pandemic has hit societies that are already in turmoil, food systems that are already impacted by climate change, and populations already displaced by conflict; (iii) third, climate change is a threat multiplier, placing major strain on economies and societies, particularly in fragile settings; and (iv) equally worrying are the new acute and destabilizing political crises, including coups d'etats, as well as the unfreezing of old conflicts and the emergence of new inter-state wars. He highlighted that the World Bank Group has been active in fragile settings from our very inception and the support to countries affected by fragile, conflict, and violence (FCV) has deepened over the last decade. He spoke about their current FCV strategy provides a basis for differentiating their response at every stage of fragility and conflict as follows: helping prevent or mitigate risks in fragile environments; ensuring that they remain engaged in active crises and conflicts; and working to ensure sustainable recovery in post-crisis transitions. He hopes that the discussions during the Forum will help deepen our understanding of challenges related to fragility and set the concrete actions and priorities for the international community, for governments, and for people working to reverse the alarming trends we are seeing now
    DOI: 10.1596/37773
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    Creating Markets in Chile : A Stronger Private Sector for a More Productive and Inclusive Society - Country Private Sector Diagnostic (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Foreign Trade Promotion and Regulation ; Free Trade ; Private Sector Development ; Productivity ; Science and Technology Development ; Trade
    Abstract: Chile has long had a strong private sector that has enjoyed an accommodating and supportive policy environment. The imperative of building a green, knowledge-based, inclusive economy will inevitably continue to rely on the private sector playing a potent role as a partner in development. In an environment constrained by lower growth and productivity, Chileans are demanding access to better opportunities and improved services. The current constitutional process is an opportunity to set the stage for the private sector to be a stronger partner in building a more inclusive society and an innovative, productive, and greener economy. For this to happen, this country private sector diagnostic (CPSD) argues that three avenues will be essential: enhancing productivity, building a knowledge-based economy through more support to innovation, and upgrading skills for greater inclusion and innovation
    DOI: 10.1596/37872
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    Realizing Sustainability Through Diversity : The Case for Gender Diversity Among Sri Lanka's Business Leadership (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Women in Development and Gender Study
    Keywords: Decision Making ; Gender ; Gender and Economics ; Sustainability
    Abstract: This report makes the case for greater gender diversity on Sri Lanka's corporate boards and in senior management by highlighting the value propositions of such diversity for companies, communities, and ultimately the country. Diversity is about more than just gender, ethnicity, or religion. However, this report focuses primarily on promoting gender diversity in the workplace, particularly in the corporate boardroom and among senior management. Empirical evidence from around the world shows the importance and value of gender diversity in improving firms' overall performance, including but not limited to financial performance. Gender diversity among business leaders typically leads to better decision-making processes and better monitoring and strategy involvement. The business case for gender balance at the top goes beyond financial performance. Extensive research shows that having more women in business leadership positions leads to higher environmental, social, and governance standards, with a particularly clear connection when women achieve a critical mass of about 30 percent on company boards. Companies with enhanced environmental, social, and governance standards also perform better on critical metrics: stronger internal controls and management oversight, reduced risk of fraud or other ethical violations, positive workplace environment, greater stakeholder engagement, and improved reputation and brand. Therefore, having a more gender-balanced board and leadership team contributes to stronger environmental, social, and governance performance, which, in turn, leads to better business performance. Ultimately, diversity is about ensuring companies' competitiveness, performance, and long-term sustainability
    DOI: 10.1596/37866
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    The Crisis Facing Development : Speech by World Bank Group President David Malpass before the 2022 Annual Meetings (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Energy ; Energy Demand ; Income ; Inflation ; Macroeconomics and Economic Growth
    Abstract: These remarks were delivered by World Bank Group President David Malpass before the 2022 Annual Meetings on the Crisis Facing Development on September 28, 2022. He spoke in detail about the following topics: (i) Human consequence of overlapping crises; and (ii) Confronting unprecedented fiscal and monetary policies
    DOI: 10.1596/38107
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    Remarks by World Bank Group President David Malpass at the Future of Digital Cooperation Event : Building Resilience Through Safe, Trusted, and Inclusive Digital Public Infrastructure (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Access of Poor To Social Services ; Access To Finance ; E-Government ; Finance and Financial Sector Development ; Governance ; ICT Legal and Regulatory Framework ; Information and Communication Technologies ; Poverty Reduction
    Abstract: This report discusses the readout from World Bank Group President David Malpass's meeting at the Future of Digital Cooperation Event: Building Resilience Through Safe, Trusted, and Inclusive Digital Public Infrastructure. There have been severe reversals in development, and global policy trends suggest these will persist. Digital public infrastructure is a vital part of our response. Digital identification, payment, and data sharing platforms have made it possible for countries to respond more effectively, more transparently, at a greater speed and scale, and with more security and privacy. The World Bank Group is engaged across all these elements and our operations with significant digital components have been growing. Our portfolio stands at nearly 4.7 billion dollars. Through country engagements, we support our clients to boost mobile phone networks and remove regulatory barriers to foster access to finance. We are helping with the adoption of e-government platforms and the modernization of social protection systems. Our Global Findex database shows that 71 percent of adults in developing economies now have a formal financial account, often a bank account, compared to 42 percent a decade ago. It is critical to build on this trend. Expanding access to finance, reducing the cost of digital transactions, and channeling wage payments and social transfers through accounts will be critically important to mitigate the reversals in development from the ongoing turbulence
    DOI: 10.1596/38062
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    Remarks by World Bank Group President David Malpass at the Transforming Education Summit during UNGA 77 (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Access and Equity in Basic Education ; Economics of Education ; Education ; Education for the Knowledge Economy
    Abstract: This report discusses the remarks delivered by World Bank Group President David Malpass at the Transforming Education Summit during UNGA 77. The World Bank Group's support to countries covers the entire learning cycle. We have an active portfolio of 24 billion dollars in education in over 95 countries and are the largest external financer of education for the developing world. The World Bank is very pleased for the opportunity to deepen our partnership on education with other development institutions including UNICEF, UNESCO, the UK's Foreign Commonwealth and Development Office (FCDO), USAID, and the Bill and Melinda Gates Foundation. We are all committed to action, to continue strongly supporting countries in addressing education challenges through financing and technical assistance
    DOI: 10.1596/38061
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    Remarks by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Agriculture ; Climate Change ; Climate Change and Agriculture ; Climate Change Impacts ; Developing Countries ; Environment ; Inflation ; Macroeconomics and Economic Growth ; Social Development ; Social Risk Management
    Abstract: These remarks were delivered by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors on October 11, 2022. The developing world is facing an extremely challenging outlook shaped by sharply higher food, fertilizer, and energy prices, rising interest rates and credit spreads, currency depreciation, capital outflows, and higher level of debts that adds to higher inflation, impacting especially the poor. With the current trends, the risks of a global recession in 2023 are high. The World Bank Group, together with the IMF, stands ready to continue working with the G20 to make progress in the debt agenda and we look forward to working with India's upcoming G20 Presidency on this
    DOI: 10.1596/38170
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    Remarks at the Climate Adaptation Summit (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass spoke about how the World Bank recognizes and appreciates the Netherlands' leadership and expertise on adaptation. He focused on action and adaptation, which is a core activity in the World Bank Group's development activities. World Bank Group financing for adaptation increased from forty percent of climate finance in 2016 to over fifty percent in 2020. The Bank is committed to making it half of total climate finance for the next five years. In six West African countries, the World Bank Group is working to protect against coastal erosion, restore wetlands and mangroves, and build seawalls and dikes. He highlighted World Bank support for Risk Management Readiness Operations with Deferred Draw-Down Options in small island states across the Caribbean, Pacific and Africa to build institutions and strategies to handle national emergencies caused by natural disasters and to access instant funding when disasters strike. He spoke about steps taken to strengthen resilience in World Bank Group projects. He concluded by mentioning the World Bank's goal to help keep communities safe and to help them develop in ways that are resilient during climate change
    DOI: 10.1596/35077
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    Remarks at the Leaders' Summit on Climate (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank, discussed the core plan of the World Bank's climate change action plan. The World Bank Group has reached its highest-ever levels of climate finance in the past two years. The Bank plan commits to big increases in spending, focused on results, plus active private sector mobilization through International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA), the private sector focused entities. Also, the Bank is aligning the financing flows with the Paris Agreement. The Bank goal is to provide support, and take prompt action, in ways that create the most positive impact toward green, resilient, and inclusive development
    DOI: 10.1596/35524
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    Building a Green, Resilient, and Inclusive Recovery (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass acknowledged the importance of the United Kingdom within the World Bank Group. He spoke about the Coronavirus (COVID-19) which descended on the poor like wildfire. He highlighted the Bank's approach to the interlinked crises of green, resilient, inclusive development (GRID). The World Bank is working to help countries build "Country Platforms" to engage with wider groups of development actors as they develop the programs with Bank support. He focused on three of the most pressing challenges of climate, debt, and inequality. There is a need for integrated, long-run strategies that emphasize green, resilient, and inclusive development. He concluded we can generate a recovery that ensures a broad and lasting rise in prosperity especially for the poorest and most marginalized
    DOI: 10.1596/35348
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    Interview with Brian Cheung, Yahoo! : Finance (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass spoke about the need for more transparency in all of the contracts that are between the COVAX manufacturers and the intermediaries, so the World Bank Group and others can find ways to provide additionality. The need now is to have more supply and more shipments going to the people that are most in need. The direction that the world needs to head is toward a greener, more resilient, more inclusive recovery. The World Bank is by far the biggest financier globally of climate-related efforts by countries. It is very important for the people to know what contracts have been entered into by their governments. The World Bank is working with the countries directly on what are called the NDCs, the nationally determined contributions, which is the relationship that countries have with the Paris Agreement. He was pleased with the things that the Biden Administration is saying about the need for real transformation in the greenhouse gas area
    DOI: 10.1596/35327
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    Conversation with the Lowy Institute (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David spoke about the World Bank's response for Coronavirus (COVID-19) was to make health programs available in a lot of countries. The Bank wanted to get as many people vaccinated as possible in countries around the world. The Bank is looking at how to help India now. India has massive needs way beyond the potential of the World Bank alone. World Bank commitments in calendar year 2020 were up by sixty-five percent from calendar year 2019. The World Bank Group has a unique ability to raise funding through the global bond markets, and in that way the donor countries put money in and then it's leveraged through that process. Debt relief, as described by the G20 as a Framework, involves burden sharing among the various official bilateral creditors and commercial creditors. The Debt Service Suspension Initiative that was done in 2020 saved five billion dollars for debtor countries. The Bank is working on climate issues by identifying priorities, working with countries on things where the Bank can add expertise. The OECD has an anti-corruption standard, and it would be good if more countries joined that standard. He mentioned the need to invest in both physical infrastructure and human capital. Human capital is one of the most valuable investments that countries make, and that people make in their own lives. He spoke about the unrest in Myanmar and the Bank has put a hold on disbursements there
    DOI: 10.1596/35548
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    Interview with Beatrice Janzon, Swedish Radio International (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank, discussed with Beatrice Janzon, Swedish Radio International, the following topics: long-term effects of children out of school during the pandemic, economic recovery for developing countries, importance of vaccinations for the developing countries, and World Bank on Paris Agreement on Climate Change
    DOI: 10.1596/35732
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    Remarks at the World Health Organization Media Briefing on COVID-19 and Vaccine Equity (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass stated that the immediate priority is for countries that have sufficient supply to quickly release doses to countries that have vaccination deployment programs. He said that by the end of June, the World Bank will have approved vaccination operations in over 50 countries. It is vital to speed up the supply chain. The World Bank is providing transparent access to very detailed information about projects through an online portal available at https://www.worldbank.org/vaccines. He urged other development partners to publish detailed information about their vaccine financing and deployment programs and their delivery schedules. The World Bank is also working to expand supply and will be making announcements of investments by IFC, the World Bank Group's private sector development arm
    DOI: 10.1596/35731
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    Remarks at the Global Health Summit Co-Hosted by the European Commission and Italy (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass highlighted that in the first year of the pandemic, the World Bank Group committed USD 180 billion to help countries respond to the health, economic, and social impacts of the pandemic. The Bank authorized USD 12 billion to help countries access and deploy vaccines, with the goal of vaccinating a billion people in developing countries. The World Bank launched a website to make all information about our vaccination projects easily accessible in one place. He urged countries with excess supplies to release their surplus doses as soon as possible to developing countries that have vaccination operations already in place, and he also urged all of them to increase the transparency of these delivery commitments. At Tuesday's Summit on Financing of African Economies, he announced his commitment to provide USD 150 billion in financing for sub-Saharan Africa over the next five years. Pandemic preparedness means investments across sectors, not just in health. The Coronavirus (COVID-19) pandemic has shown that social safety nets that provide digital cash transfers are particularly valuable, adding to the resilience of food security, basic health, and education. He concluded that the World Bank Group is committed to the health agenda. By working together, we can help developing countries build the resilience they need when they face major threats to their people's health
    DOI: 10.1596/35678
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    Remarks to the Nordic and Baltic Ministers and Governors of the World Bank Group (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank, discussed the immediate health impact of Coronavirus disease 2019 (COVID-19) to the long-term effect of climate change, the extent of the global crisis, and the depth of its consequences. He focused on the financing needs in low-income countries, vaccines, climate change, and debt. He introduced Jakob Kopperud as the Special Representative to Europe
    DOI: 10.1596/35733
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    Remarks at the G20 Session on International Financial Architecture (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass remarked that early in the pandemic, the World Bank Group set out to use aggressive financial programming and leverage to increase commitments as rapidly as possible. The World Bank group used a number of powerful financial programming and leveraging techniques toward that goal. He highlighted recent capital increases, aggressive leveraging through bond issuance by IBRD, IDA and IFC, as well as MIGA reinsurance, and private sector mobilization, the combined WBG has been able to provide support to low- and middle-income countries over the last fifteen months. This financing is based on world-class knowledge work, and deep country relationships and know-how in our country teams present on the ground around the world. The World Bank Group strongly supports leveraging donor resources to maximize commitments, respond to emergencies, and prepare for crises. The World Bank Group provides grants to countries that are most in need, including fragile and small states and are investing heavily in social safety nets and digital cash transfer programs. Data sharing by both debtors and creditors enables debt reconciliation, a key for the debt restructuring process and he called on the G20 members to share their lending data and assist in the reconciliation exercise. The Group is actively implementing the Sustainable Development Finance Policy under IDA19 and will continue it in IDA20. The Group continues to strongly and actively support the implementation of the Common Framework, working closely with partners
    DOI: 10.1596/35940
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    Remarks at Media Roundtable during Annual Meetings 2021 (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Disease Control and Prevention ; Economic Growth ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Immunizations ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction
    Abstract: World Bank Group President David Malpass discussed a broad range of development issues, including the economic outlook, growth, vaccines, debt, climate, and trade. World Bank financing operations will be addressed at the annual meeting as well as our climate change action plan, which aims to help reduce greenhouse gas (GHG) emissions and improve adaptation. We expect global growth of 5.7 percent in 2021 and 4.4 percent in 2022, these are very similar to our projections in the June Global Economic Prospects report. Incoming high-frequency data point to slowing momentum in global activity amid persistent supply chain bottlenecks and COVID-19 surges. Moreover, the global recovery remains dramatically uneven. The outlook is challenging for much of the developing world with lagging vaccination rates, rising inflation, limited policy support, too few jobs, and shortages that extend to food, water, and electricity. As of mid-2021, over half of IDA countries, those are the world's poorest countries, are in external debt distress or at high risk of it. A comprehensive approach, including debt reduction, swifter restructuring and more transparency is needed to help countries assess and manage their external debt risks and work toward sustainable debt levels and terms. These are fundamental to supporting health systems, education, and infrastructure and creating growth, investment, and prosperity. Enhanced and accelerated implementation of the Common Framework will be critical in achieving this much-needed debt transparency and sustainability
    DOI: 10.1596/36487
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    Remarks at the United Nations Biodiversity Conference : Aligning Finance and Building Capacity for an Ecological Civilization (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Biodiversity ; Climate Change ; Climate Change and Environment ; Conservation ; Environment ; Environmental Protection
    Abstract: World Bank Group President David Malpass discussed biodiversity and climate change being closely interlinked, with terrestrial and marine ecosystems serving as critically important carbon sinks. At the same time climate change acts as a direct driver of biodiversity and ecosystem services loss. The World Bank has financed biodiversity conservation around the world, including over 116 million hectares of Marine and Coastal Protected Areas, 10 million hectares of Terrestrial Protected Areas, and over 300 protected habitats, biological buffer zones and reserves. The COVID pandemic, biodiversity loss, climate change are all reminders of how connected we are. The recovery from this pandemic is an opportunity to put in place more effective policies, institutions, and resources to address biodiversity loss
    DOI: 10.1596/36489
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    Remarks at the G20 Finance Ministers and Central Bank Governors Meeting Held during the 2021 Annual Meetings (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Coronavirus ; Disease Control and Prevention ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Immunizations ; Trade Barriers
    Abstract: World Bank Group President David Malpass discussed the Bank's new International Debt Statistics (IDS) report, published on Monday, showing the debt of low-income countries is 860 billion U.S. dollars, up 12 percent. Turning to vaccines, developing countries need 5 billion more doses to vaccinate 70 percent of their population by the middle of next year. Some urgent steps are needed: (i) swapping near-term vaccine delivery schedules with COVAX and AVAT; (ii) closing the gap between pledges and deliveries; and (iii) eliminating trade and regulatory barriers. Finance and health ministers in developing countries should also seek contracts that include early delivery schedules
    DOI: 10.1596/36490
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    How Firms are Responding and Adapting During COVID-19 and Recovery : Opportunities for Accelerated Inclusion in Emerging Markets (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Business Cycles and Stabilization Policies ; Coronavirus ; COVID-19 ; Disease Control and Prevention ; Emerging Markets ; Gender ; Health, Nutrition and Population ; Insurance ; Macroeconomics and Economic Growth ; Private Sector Development ; Private Sector Economics ; Trade
    Abstract: Coronavirus disease 2019 (COVID-19), which began as a health crisis in early 2020, has rapidly evolved to become an unprecedented economic crisis affecting global, national, and regional economies and billions of individuals around the world. This report analyzes the widespread implications of the crisis on industry sectors, businesses, individuals, families, and communities. It closely examines evidence and data from business sectors and segments of society that may face challenging paths to recovery, including the most vulnerable firms and individuals in emerging markets that are likely to experience continuing hardship and specific difficulties coping with the crisis. And it highlights opportunities for the private sector to respond, to support a vigorous recovery and to build back better. The first section of the report, chapters 1 to 5 addresses issues that cut across sectors, as well as ways the development community can join with the private sector to help impacted communities and sectors recover and rebuild. The second section, chapters 6 to 9 focus on sector-specific responses to the crisis. The final section, chapters 10 to 12 attends to gender inequities, how they have been aggravated by the crisis, and potentially effective remedies
    DOI: 10.1596/36265
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  • 83
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    Using Blended Concessional Finance to Invest in Challenging Markets : Economic Considerations, Transparency, Governance, and Lessons of Experience (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Finance and Development ; Finance and Financial Sector Development ; Non Bank Financial Institutions ; Private Investment ; Transparency
    Abstract: Blended concessional finance is the combination of concessional funds from development partners with commercial finance from development finance institutions (DFIs) and private sources. These resources can be used strategically to help mitigate risk in challenging emerging markets and attract private investment where it otherwise would not go. It can be an important source of finance to help reach the Sustainable Development Goals (SDGs) and address the economic challenges brought on by Coronavirus (COVID-19). This report examines IFC's two decades of experience supporting pioneering projects with blended concessional finance. The report addresses issues such as why and when concessional finance is appropriate to support private sector projects; the key transparency, access, and governance processes required to implement projects efficiently and effectively; the principles for selecting and structuring projects; how to use blended concessional finance to invest in lower-income countries; and the different ways of structuring concessional finance facilities used by DFIs
    DOI: 10.1596/36262
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  • 84
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    Digital Entrepreneurship and Innovation in Central America (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: Information and Communication Technologies ; Information Technology ; Science and Technology Development ; Technology Innovation
    Abstract: Coronavirus disease 2019 (COVID-19) has made the digital revolution more important than ever. A strong entrepreneurial ecosystem is essential for digital revolution. This report assesses entrepreneurship ecosystems in Central America and provides a series of recommendations. The assessment was carried out in four countries of Central America - Costa Rica, El Salvador, Guatemala, and Honduras - and combined a set of analytical instruments. It included an analysis of firm-level micro-data, an analysis of public programs and intermediary organizations to support entrepreneurship, focus groups, and an online survey of more than 2,000 firms on technology use. The findings and the corresponding recommendations also cover challenges that make it difficult for small and medium enterprises (SMEs) to digitalize their operations and for start-ups in general
    DOI: 10.1596/37843
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  • 85
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    Architectural And Cultural Heritage Tourism Products In Nepal : An Assessment of New Private Sector Investment Opportunities in the Tourism Sector in Annapurna Conservation Area (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Keywords: Accommodation and Tourism Industry ; Business in Development ; Cultural Assets for Poverty Reduction ; Employment ; Environment ; Industry ; Poverty Reduction ; Private Sector Development ; Tourism and Ecotourism ; Tourism Industry
    Abstract: IFC supports the tourism industry because of its strong development impact. It is easily accessible to rural entrepreneurs, allows for local approaches and products, has a bias towards female participation, and enables excellent supply-chain linkages. Our activities in tourism are aimed at promoting private sector-investments leading to sustainable and inclusive growth. In Nepal, tourism development also enables the creation of cultural, adventure, and sightseeing experiences that have appeal and significance among its established global, loyal market of visitors-ranging from pilgrims to mountaineers, hikers, and wellness and sightseeing travelers. But the COVID-19 pandemic has hit the tourism industry especially hard. The potential loss to the country's GDP from the collapse of tourism activities is estimated at USD 460 million. Around 230,000 jobs are at risk; 20,000 tour and trekking guides are unemployed, and 2,600 trekking agencies are closed, some maybe permanently. Now, as outbound markets begin to show signs of recovery, it is time to implement strategic adjustments to Nepal's tourism sector and implement policies that will align the destination with the new market reality
    DOI: 10.1596/37854
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    Creating Markets in Malawi : The Road to Recovery; Turning Crisis into Economic Opportunity - Country Private Sector Diagnostic (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Agribusiness ; Business Environment ; Business in Development ; Emerging Markets ; Energy Sector ; Private Sector ; Private Sector Development ; Private Sector Economics
    Abstract: Malawi is at a turning point in its political, social, and economic trajectory. Lazarus Chakwera was sworn in as Malawi's sixth president in June 2020. This marked a historic moment: the first time in Africa that an opposition candidate won a presidential election following initial results being overturned. After widespread unrest prior to the election, Malawians, especially the youth, have been demanding greater accountability, an end to corruption, and tangible progress on eradicating persistent poverty levels that exceed 70 percent of the population. The average gross national income (GNI) of a Malawian is the third lowest in the world, just USD 380 as of 2019. The Chakwera administration will need to find a way to unify the country's fractured political landscape and deliver on development promises. On top of these challenges, the new administration must also navigate the ongoing and evolving economic shocks of the COVID-19 pandemic. Gross domestic product (GDP) growth expectations for 2020 have been lowered from 4.8 percent to 0.8 percent. Recent efforts to build fiscal and institutional resilience have helped but need to be strengthened. The pandemic's fallout has weakened the country's macroeconomic foundations, and the overall risk of debt distress is now high. Meanwhile, human capital gains are at risk. Poverty reduction is expected to stagnate, and overall poverty could potentially worsen. The pandemic will likely exacerbate existing inequalities in economic opportunities for women. Women-owned firms, for example, are primarily concentrated in informal agriculture and services, sectors that lack basic social protections to buffer against economic distress. Female farmers, for example, generally have lower access to productive inputs, information, and liquidity than male farmers, so in times of crisis, their farm productivity and food security can be hit harder
    DOI: 10.1596/37847
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    Trishuli Assessment Tool - Field Manual : A Standardized Methodology for Freshwater Aquatic Biodiversity Sampling and Long-Term Monitoring for Hydropower Projects in the Himalayan Region (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water Papers
    Keywords: Environment ; Water Conservation ; Water Resources ; Water Resources Management
    Abstract: The Trishuli Assessment Tool is a standardized methodology for sampling freshwater aquatic biodiversity in hydropower projects. This tool was developed to: 1) strengthen the collection of aquatic biodiversity data for environmental impact assessments (EIAs) and international-level environmental and social impact assessments (ESIAs); and 2) provide a simple yet standardized method for the long-term monitoring of aquatic biodiversity in relation to hydropower projects. The tool was developed by a group of 30 international and Nepalese aquatic scientists at a workshop in 2019 and tested during a field survey in 2020. It provides a field sampling methodology for three focal groups of aquatic biodiversity: fish, macroinvertebrates, and periphyton as indicators of overall aquatic biodiversity. This field manual provides guidance for implementing the Trishuli assessment tool in the rivers of Nepal and other Himalayan regions. The manual is applicable to all types of hydropower projects (HPPs), from small run-of-river to larger peaking projects because all of them have some impact on the aquatic environment
    DOI: 10.1596/37869
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    Remarks at the IDA20 Replenishment Meeting (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Climate Change ; Disease Control and Prevention ; Finance and Financial Sector Development ; Health, Nutrition and Population ; Poverty Reduction
    Abstract: World Bank Group President David Malpass noted that Japan is now one of the largest contributors to IDA, a key partner in achieving development results at the global, regional, and country level. He mentioned that for more than 60 years, IDA has provided concessional development financing totaling more than USD 458 billion to 114 countries to boost economic growth, reduce poverty and inequality, and improve people's living conditions. He highlighted that the World Bank's crisis response to COVID-19 has been the largest in its history, and IDA responded with speed and scale to the unprecedented economic and health crises and committed USD 56.9 billion between April 2020 and November 2021. He expressed his appreciation to the IDA Borrower Representatives who have consistently offered their advice, providing a country lens on how the support can best be tailored to meet the needs and priorities of IDA countries. He spoke about the generous pledges that are matched by the most ambitious IDA policy package. He concluded by saying that cross-cutting issues are the foundational building blocks of this policy framework. These include crisis preparedness, which was introduced in IDA20 to build resilience in a world of more frequent crises with compounded effects, as well as ongoing emphasis on governance and institutions, debt sustainability, and digital infrastructure and interventions to foster economic and social inclusion
    DOI: 10.1596/36745
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  • 89
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    Women and E-commerce in Africa (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Women in Development and Gender Study
    Keywords: E-Commerce ; Gender ; Private Sector Development
    Abstract: The rapid digital transformation underway in Africa has the potential to have an equally transformative impact on women entrepreneurs. Although Africa boasts a higher incidence of women entrepreneurs compared to men, women-owned (WO) businesses across the continent tend to be smaller, have lower average sales, and have fewer employees. The exponential growth of e-commerce in Africa presents an opportunity to close gender gaps by opening more markets to WO enterprises. Advances in disruptive technologies do not always translate into advances in gender equality, and to date, there is limited research that has investigated women's participation or their success on e-commerce platforms. This report seeks to address this knowledge gap with the first large-scale, sex-disaggregated analysis of e-commerce sellers in Africa and to shed light on the following key questions: (1) how are women entrepreneurs participating and performing in e-commerce?; (2) what are the opportunities and challenges for women entrepreneurs selling on e-commerce platforms?; and (3) is there a business case for e-commerce platforms to invest in women entrepreneurs? To answer these questions, the research team conducted in-depth interviews with sellers, as well as global and regional e-commerce experts; undertook surveys of representative samples of men and women sellers in Cote d'Ivoire, Kenya, and Nigeria; and conducted an analysis of data from Jumia, one of the region's largest e-commerce platforms
    DOI: 10.1596/37836
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  • 90
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    Consumer and Market Study in Southwest and West Nile Refugee-Hosting Areas in Uganda (2021)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Business Environment ; Emerging Markets ; Human Migrations and Resettlements ; Private Sector Development ; Private Sector Economics ; Social Development ; Voluntary and Involuntary Resettlement
    Abstract: The International Finance Corporation (IFC) commissioned a consumer and market study to explore economic activities, employment trends, consumption levels, and consumer preferences of refugees and host communities in Uganda's largest refugee-hosting areas in the Southwest and West Nile regions. The study covers a gap in existing research on the economic situations of forced displacement, which is often conducted from a humanitarian perspective and rarely offers the private sector view. The study presents the refugees' economic activities in their distinct roles as consumers, producers, suppliers, and salaried workers from the view of a private sector firm entering the market. It builds on earlier research conducted by the Uganda Investment Authority, in partnership with the United Nations Development Program (UNDP), which produced investment profiles for refugee-hosting districts. The report is divided into eight chapters. Chapter one introduces the study. Chapter two outlines the study methodology. Chapter three provides socioeconomic baseline data, such as educational attainment, employment, and income, comparable by region and population group (refugees versus host communities). Chapter four explores access to telecommunication and financial services. Chapter five analyzes household consumption expenditure, the volume of economic activity, consumer preferences, and access to finance and telecommunication services. Chapter six discusses findings from the business survey. Chapter seven briefly looks at agricultural value chains in the Southwest and West Nile. Chapter eight presents investment opportunities in the refugee-hosting districts for the private sector
    DOI: 10.1596/37876
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  • 91
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    Gender Equality in Nigeria's Private Sector : A Gender Gap Assessment of the 30 Most Capitalized Companies Listed on the Nigerian Exchange (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Women in Development and Gender Study
    Keywords: Access To Finance ; Finance and Financial Sector Development ; Gender ; Gender and Economic Policy ; Gender Monitoring and Evaluation ; Macroeconomics and Economic Growth ; Private Sector Development
    Abstract: Nigeria is the largest economy in Africa, and it is projected to have the fifth largest population in the world by 2026. The gender gap is particularly acute in Nigeria, and three market failures stand out: (1) a persistent gender gap at the company leadership level; (2) lack of access to finance for women who want to start a business; and (3) women's limited access to markets through supply chains and procurement opportunities. The International Finance Corporation (IFC) and Nigerian Exchange Limited (NGX) have joined forces to rally some of the largest Nigerian companies to increase women's participation in private sector development. Through the Nigeria2Equal initiative, IFC is working with the chief executive officers (CEOs) of companies listed on NGX that are committed to implementing gender-smart solutions to reduce gender gaps across leadership, employment, and entrepreneurship. Through the Nigeria2Equal initiative, IFC is working with the chief executive officers (CEOs) of companies listed on NGX that are committed to implementing gender-smart solutions to reduce gender gaps across leadership, employment, and entrepreneurship. By conducting market research and publishing studies such as this report, IFC is establishing the business case for the private sector to invest in women in Nigeria, and are helping companies to identify gaps and constraints, and invest in reducing those gaps
    DOI: 10.1596/37860
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    Strategy for Sustainable Hydropower Development in the Jhelum Poonch River Basin Pakistan (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Study
    Keywords: Energy ; Environment ; Environmental Protection ; Hydro Power ; Hydropower ; Law and Development ; Water Resources ; Water Resources Law
    Abstract: IFC has remained financer and development partner in hydropower projects in Pakistan. In this process, IFC has developed a comprehensive approach for developing sustainable hydropower as a cheaper and cleaner energy that benefits the environment as well as the communities in the area. A key part of the approach involves raising environmental and social standards in hydropower development through its advisory engagements. Strategy for Sustainable Hydropower Development in the Jhelum Poonch River Basin (JPRB) is one such IFC initiative implemented through a multistakeholder-engagement process to provide practical guidance for government, developers, and other stakeholders. The proposed strategy presents key lessons learned from hydropower projects in the Jhelum-Poonch River Basin as well as other related basins during construction and operation. It enhances the knowledge base of the Jhelum-Poonch Basin and provides recommendations for hydropower developers and government to implement best practice in their projects. This helps strike a balance between conservation and development by minimizing negative environmental and social impacts from hydropower projects in the basin. The strategy provides recommendations for government and regulators on how to improve policy and regulation to strengthen the hydropower sector. Developers can make good use of this report to strengthen their planning, systems, and business operations
    DOI: 10.1596/37865
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  • 93
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    Solomon Islands Tourism Investor Guide : A guide to investing in land for tourism development (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Keywords: Accommodation and Tourism Industry ; Environment ; Foreign Direct Investment ; Foreign Trade Promotion and Regulation ; Industry ; Land Tenure ; Tourism and Ecotourism
    Abstract: This Guide is designed to provide information that may be of help to potential tourism investors in navigating the process of investing in land for the purpose of tourism development in Solomon Islands
    DOI: 10.1596/37849
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  • 94
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    Creating Markets in the Kyrgyz Republic : Unleashing the Private Sector to Rebuild Development Success - Country Private Sector Diagnostic (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Business Environment ; Emerging Markets ; Microenterprises ; Private Sector ; Private Sector Development ; Private Sector Economics ; Sustainability
    Abstract: This country private sector diagnostic (CPSD) for the Kyrgyz Republic assesses the barriers and opportunities for a more forceful development of the private sector in the country. Between 2000 and 2019, gross domestic product (GDP) growth rate averaged 4.4 percent, enabling the Kyrgyz Republic's ascension to lower-middle-income country status by 2014. Economic growth has been unstable as its sources lacked diversity and were vulnerable to external shocks. Economic growth has been unstable as its sources lacked diversity and were vulnerable to external shocks. If the Kyrgyz Republic wants to inaugurate a new era of faster, more sustainable economic growth, it must more aggressively develop its private sector to support economic diversification and improve productivity
    DOI: 10.1596/37850
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    Small Business, Big Growth : How investing in SMEs creates jobs (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Access To Finance ; Employment and Unemployment ; Job Creation ; Poverty Reduction ; Private Sector Development ; Small and Medium Size Enterprises ; Social Protections and Labor
    Abstract: This report presents an updated methodology to estimate the number of SME jobs created as a result of SME loans.5 It analyzes job multipliers across developing countries through a firm-level regression of annual employment change on loan size. Put simply, the framework presented here analyzes the relationship between the size of loans to SMEs and the jobs these enterprises create. This methodology builds on previous papers that found an association between access to finance and job growth, including Ayyagari and others (2016),6 and draws on data from the World Bank Enterprise Survey (ES) and IFC's own "tracer surveys" to develop a new SME jobs multiplier that would allow for the estimation of job creation effects that correlate with SME loan size.7 The use of tracer surveys has enabled IFC to analyze how the SME customers of a particular IFC partner financial institution have benefited from greater access to finance and generated positive developmental impacts such as greater SME growth, productivity, and female ownership
    DOI: 10.1596/37842
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    Creating Markets in Jordan : Volume II, Sector Assessments - Country Private Sector Diagnostic (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Private Sector Development, Privatization, and Industrial Policy
    Keywords: Accommodation and Tourism Industry ; Emerging Markets ; Equity and Development ; Industry ; Information and Communication Technologies ; Poverty Reduction ; Private Sector Development ; Transport
    Abstract: The Jordan Country Private Sector Diagnostic (CPSD) is a joint International Finance Corporation (IFC)-World Bank report that highlights the constraints as well as the opportunities facing the private sector in Jordan. It considers three sectors-tourism, logistics, and information and communication technology (ICT) - and the potential they offer for greater private sector contributions to the Jordanian economy, as well as the obstacles that they face from general or sector-specific policies and regulations. The CPSD also offers concrete recommendations to address some of these constraints. Although this report was largely prepared prior to the COVID-19 outbreak, its analysis and recommendations remain as, if not more, valid in the context of the pandemic and of an eventual recovery. A dynamic and resilient private sector is necessary if Jordan is to break the low-growth, high-unemployment trajectory it finds itself in today. The CPSD argues that tackling some of the major obstacles facing the private sector is essential to firm performance, investment, and productivity. These actions are as critical in times of crisis and especially afterwards to pave the way for a vigorous and sustainable recovery. Similarly, the sectors assessed by the CPSD continue to hold promise for the country. The pandemic has underscored the important role that digitalization, a strong ICT infrastructure, and supportive services have in creating a resilient economy and business continuity. E-commerce and logistics capabilities and services are an area put forward by the CPSD as an opportunity for Jordan in the coming years; they have boomed during the current crisis and are expected to be one of the post-pandemic growth sectors. Conversely, tourism, which had been experiencing a strong rebound in Jordan over the past few years, is one of the sectors hardest hit across the globe by the COVID-19 crisis. In Jordan the sector accounts for about 19.2 percent of gross domestic product and 32 percent of exports. Crafting a strategy that effectively addresses the many obstacles that prevent the tourism sector from attaining its potential is a necessary investment for a strong recovery - and a good use of what is likely to be a transitional period until travel re-commences
    DOI: 10.1596/37877
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  • 97
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    Markham/Ramu Agricultural Growth Corridor : A Possible Path of Transformational Agricultural Development (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agricultural Study
    Keywords: Agribusiness ; Agricultural Sector Economics ; Agriculture ; Macroeconomics and Economic Growth
    Abstract: In recent years, there has been a growing interest in investments from the government, development partners and the private sector in integrated development/growth corridors and other spatial development initiatives, where coordinated investments in transport infrastructure, power, communications and markets are expected to create conditions to unleash Papua New Guinea's undoubted agricultural potential. Growth corridor strategies are increasingly invoked to coordinate public and private investment around strategic backbone infrastructure in developing countries. Investments in soft and hard infrastructure to promote investment in processing zones or out-grower schemes and facilitate multi-stakeholder dialogue aim to overcome coordination failures and bottlenecks related to market linkages or producer-relations to secure supply chains. This paper discusses the model of growth corridors as a tool for inclusive agricultural development in Papua New Guinea. It provides corridor and other spatial development approaches in terms of i) their geographical scope, ii) their objectives and iii) their governance mechanisms, the driving force behind the corridor initiative. Finally, it analyzes the potential and the needs of how the Markham and Ramu valleys can be a role model for an agricultural transformation in Papua New Guinea
    DOI: 10.1596/37864
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    Investing in Sustainable Access to Communications : The Role of Telecom Energy Services Companies (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Keywords: Information and Communication Technologies ; Macroeconomics and Economic Growth ; Telecommunications
    Abstract: The expansion of telecommunications services to unserved and underserved areas is key to reduce the digital connectivity gap. In order to do so, it is important to explore innovative and cost-efficient technologies and business models. Telecom Energy Services Company (TESCOs) offer solutions for powering and managing telecom companies' networks in off-grid and bad-grid areas in chapter one. International Finance Corporation (IFC) is seeking to contribute to the growth and development of innovative solution providers for telecom sites located in areas with little to no access to electricity by providing insights into the growth perspectives of the TESCO market globally in chapters two and three. IFC presents a market segmentation framework based on current business models in chapter four. The report then examines the typical commercial arrangements and key drivers which influence the bankability of TESCOs in chapter five. IFC also estimates the total amount of financing needed in order to address the pressing need for connectivity in unserved and underserved areas and acts as a call to action to stakeholders in the industry and in the financing community to work towards bridging this important connectivity gap. The five sections covered in this report represent the key dimensions required to assess the investment opportunity for TESCOs
    DOI: 10.1596/37852
    URL: lizenzpflichtig
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  • 99
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    Sourcing2Equal Kenya : Barriers and Approaches to Increase Access to Markets for Women-Owned Businesses (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Women in Development and Gender Study
    Keywords: Gender ; Gender and Economic Policy ; Macroeconomics and Economic Growth ; Private Sector Development ; Small and Medium Size Enterprises
    Abstract: Small and medium enterprises (SMEs) make up a large part of Kenya's economy, accounting for approximately 98 percent of all businesses. SMEs are found in all sectors of the economy, they are estimated to contribute about 80 percent of total employment in Kenya, and they play a central role in Kenya's economic growth. Women's ownership of formal SMEs is low, comprising only about one third of registered SMEs. Women-owned and led SMEs (WSMEs) face structural barriers in growing their businesses due to their limited access to: finance, business networks and connections, and market information. Consequently, these barriers limit WSMEs' ability to access new markets, such as procurement contracts with private sector Buyers. In 2020, IFC established Sourcing2Equal, a global program that aims to connect 5,000 WSMEs to private procurement opportunities by 2023. The first project under the program is in Kenya. This report examines the barriers that Kenyan SMEs face in accessing private procurement contracts, and if there are differences based on whether companies are owned by women, men, or owned jointly by women and men. Analysis of survey data from 571 SMEs, and interviews with 14 corporate Buyers in Kenya, provide unique data on gender gaps in the participation of SMEs in corporate supply chains, and it reveals emerging practices that are aiming to increase the procurement of goods and services from WSMEs. The sample of formally registered SMEs was selected from a defined population in business membership organizations' databases, rather than from a national census dataset. Due to the potential risk of homogeneity in the sample, the statistically significant results of this study should not be assumed to be representative of the whole SME population
    DOI: 10.1596/37853
    URL: lizenzpflichtig
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  • 100
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    2021 Annual Meetings Press Conference (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Keywords: Climate Change ; Climate Change Impacts ; Disease Control and Prevention ; Environment ; Health Service Management and Delivery ; Health, Nutrition and Population ; Immunizations ; Poverty ; Public Sector Development ; Public Sector Management and Reform ; Youth
    Abstract: World Bank Group President David Malpass spoke about the world suffering from a dramatically uneven recovery, and inequality worsening across country groups. The highest priority is to secure access to vaccines and speed up shots in arms. He explained that the World Bank Group is working as hard as it can 24/7 to expand the number of doses as soon as it can get, and delivery schedules from the advanced economies and from the manufacturers. Regarding the IDA20 replenishment in December, African heads of state have already called for donors to be ambitious in their support for IDA's mission. He spoke about 1) making public spending more efficient in a country like Mexico; 2) climate finance provided to the developing countries should be doubled in the next few years; 3) opportunities presented by climate change and to support climate private sector investment in Africa; 4) the role of young people in global climate action; 5) boosting health systems and making them more resilient to shocks like COVID-19 in MENA region; 6) the pandemic impact on India's poor; 7) measures to save companies in difficulty during COVID-19; 8) lessons that developing countries draw from this health crisis, particularly on the social level; and 9) support to low-income countries efforts against pandemic
    DOI: 10.1596/36488
    URL: Deutschlandweit zugänglich
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