World Bank Group SDG Fund Steering Committee members are Mahmoud Mohieldin; Karin Finkelston; Mamta Murthi; Robert Saum; Aradhana Kumar-Capoor; Ousseynou Nakoulima; Sebnem Akkaya
We all want our work to have a positive impact on the people we serve, as reflected in national or global goals. The Sustainable Development Goals are one way to keep score on our progress, along with the World Bank Group Corporate Scorecard and other measures. But the SDGs are universally recognized as the global benchmark for progress.
As of yet, we haven’t done enough to show how the Bank Group’s contributes to the SDGs and the 2030 Agenda, but that is something that we’re working on.
That’s why we the World Bank Group Partnership Fund for the Sustainable Development Goals (WBG SDG Fund) which supports the growing demand for catalytic initiatives that can help countries strengthen implementation of the global goals.
As the world rushes to reduce the negative impacts of climate change, ambitious sub-national actors are rising to the fore. The recent exemplifies this trend. Earlier this month, urban leaders joined CEOs, financial institutions, researchers, Heads of State, and more in the adoption of the , calling for immediate voluntary actions and a specific commitment to invest in sustainable infrastructure across the continent.
For example, Sub-Saharan Africa is largely rural, but is also the region with the fastest urbanization rates. Currently, almost 40 percent of the people live in cities in Sub-Saharan Africa, but this is expected to grow to . So while urbanization provides economic and social opportunity, it can overburden traditional municipal resource and service delivery approaches.
The global economy is constantly exposed to disruptive technologies. Take the example of telecommunications: it was not long ago that everything revolved around landlines. Households would go to great lengths to ensure they were well-serviced with fixed-line infrastructure, while those left out endured long travel times for everyday activities like managing a business or connecting with family and friends. Those days are a bygone era. The mobile phone changed everything.
The good news is that several countries in the region,
But overall, .
In this context, it’s critical to confront failures that impede progress toward better health and nutrition in the region. Even more so since some undernutrition challenges persist, and new ones are emerging.
This starts early in a child’s life as breastfeeding rates remain low. Though early initiation of breastfeeding has more than doubled to 40 percent between 2000 and 2016, more than 20 million infants are still not being breastfed within the first hour of birth.
Progress is also uneven across the region: breastfeeding initiation ranges from 18 percent in Pakistan to about 90 percent in Sri Lanka.
Also worrisome is that
Further to that, the diets of infants over six months continue to be one of South Asia’s biggest and most persistent challenges.
Max Kasy blogs about his new work on – “Trying to identify the best policy is different from estimating the precise impact of every individual policy: as long as we can identify the best policy, we do not care about the precise impacts of inferior policies. Yet, despite this, most experiments follow protocols that are designed to figure out the impact of every policy, even the obviously inferior ones.... The key to our proposal is staging: rather than running the experiment all at once, we propose that researchers start by running a first round of the experiment with a smaller number of participants. Based on this first round, you will be able to identify which treatments are clearly not likely to be the best. You can then go on to run another round of the experiment where you focus attention on those treatments that performed well in the first round. This way you will end up with a lot more observations to distinguish between the best performing treatments.” Sounds very cool, but it does depend on short-term outcomes being your main objects of interest.
– the J-PAL blog provides some stats on the increase in data sharing requirements and practices, and the intriguing claim that “papers in top economics and political science journals with public data and code are cited between 30-45 percent more often than papers without public data and code” – which is based on preliminary work that uses changes in journal data availability requirements to attempt to make this a causal statement.
Nepal is on the brink of a new era. Four years ago this April, the powerful Gorkha earthquake devasted parts of Nepal and shook Kathmandu to the core.
: It is young, with more than 40 percent of Nepalis in the 16-40 age group. It is ambitious, with plans for new highways, new mass transit infrastructure, new airports, more trade, more energy, and growth.
And it is resilient. . Much has been said about the strength of the Nepali people. I’m humbled to have witnessed it firsthand.
. They are eager for education, for opportunity. They shouldn’t have to leave Nepal to get it.
As investors gather for the Nepal Investment Summit, this is the perfect time for Nepal to send a message to the world -- that .
With a stable government and an ambitious economic plan, Nepal is, for the first time in decades, in a position to dream big and to carry out a long-term vision that includes more and better services and opportunities for people.
Things are moving in the right direction. Extreme poverty is expected to decline from 15 percent in 2010 to a 10 percent in 2019, based on a poverty line of $1.90 a day. .
The goal of becoming a middle-income country by 2030 -- in just 11 years – is possible.
Many developing countries require technical inspections — by food and veterinary agencies (FVA) and phytosanitary agencies — to be carried out on all imported commodities. Inspections can be essential in preventing the entry of serious pests, diseases and toxins. However, the application of routine inspections for all imported agricultural commodities is often expensive and ignores the fact that commodities present differing risks for the movement of pests and diseases.
Addressing the requires improving the experience of young students, to help them learn more and progress further in their education. Principals are at the heart of shaping that experience – from the cleanliness of the building, to the way that students and teachers interact with each other, to the motivation and effort teachers make inside their classrooms. So it is no surprise that, after teachers, principals are generally considered to be the most important school input to student learning (see and ). Yet principals – how they are selected, trained, supported, and incentivized – have only recently come to the forefront of education policy discussions in many middle and lower income countries.
“We need to see people cracking open this market like IFC did in 2013,” declared Sean Kidney, CEO of the . He was referring to IFC’s issuance of two $1 billion green bonds as he set the scene for announcing CBI’s 'at a ceremony on March 5, 2019. IFC was recognized for its trailblazing work as issuer, investor and technical advisor. IFC was also recognized for its partnership with in creating the Amundi Planet Emerging Green One Fund. This is focused on green bonds in emerging markets and is the largest green bond fund in the world.
Is new technology “transformative” or “disruptive”? I’ve heard this topic hotly debated at meetings both within the World Bank and more broadly. The issue is not just linguistic hair-splitting. Technology optimists prefer the first term and see new technologies, digitization in particular, as an opportunity for low-income developing countries to leapfrog into the 21st century. Moonshot Africa, an ambitious World Bank initiative to connect individuals, firms, and governments in Africa to fast internet is inspired by this vision. Technology pessimists on the other hand emphasize the disruptive effects digital technologies are expected to have on labor markets. Concerns about robots and algorithms replacing human labor increasingly dominate the public debate not only in advanced economies, but also in emerging and developing economies. Against this background, it is natural to ask how these two views are compatible. To be more specific: How will Moonshot Africa create jobs on a continent where job creation is needed more than anywhere else in the world with Africa’s working-age population projected to rise by 70% in the next twenty years?