Tag Archives: World Bank

New global coalitions for green tech solutions

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By T. V. Padma – SciDev.Net The global community needs three kinds of new ‘coalitions’ of countries that can spur innovations and cut down costs in green technologies, and deliver affordable energy to all people, says Kandeh Yumkella, chief executive officer of the UN Sustainable Energy for All initiative. Yumkella told the 14th Delhi Sustainable Development Summit last week (6—8 ...

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Tunisia / Seeking Proposals for Social Accountability Projects

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Tunisian civil society organizations are once again invited to compete for financing through the Global Partnership for Social Accountability (GPSA). The GPSA will fund civil society organizations in Tunisia working in the field of social accountability. Social accountability work is wide ranging and includes activities like public disclosure of budgets; access to information, user satisfaction surveys; community scorecards and IT-based ...

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World Bank Supports Libya in Building the Institutions of its New State

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The World Bank Group is closely engaged with the new authorities in Libya to support the country’s transition to a stable and prosperous future using the energy of its young people and its natural endowments to the benefit of its citizens. This was the message delivered by World Bank Middle East and North Africa Vice President Inger Andersen during her ...

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World Bank chief prioritises tackling global growth risks

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Washington – On his first day as president of the World Bank Group, Jim Yong Kim stressed the role of the 188-member organisation in helping address global growth risks and providing development assistance. The World Bank has an economic and moral imperative to help address risks to global growth, no matter where they emerge. A strong global economy benefits all ...

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World Bank to Boost Access to Electricity and Clean Fuels, Renewable Energy and Energy Efficiency

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The World Bank Group announced today that it will boost efforts to expand energy access, while also increasing support for renewable energy and energy efficiency in developing countries, responding to UN Secretary-General Ban Ki-moon’s Sustainable Energy for All initiative. The World Bank Group provides about $8 billion a year in financing for energy projects and programs, which leverages a comparable ...

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Countries warned of volatility in global economy

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Pretoria – Developing countries should prepare for a long period of volatility in the global economy, the World Bank has warned. These countries should boost their medium-term development strategies while preparing for tougher times, said the bank in its Global Economic Prospects (GEP) June 2012 report released on Tuesday. According to the report a resurgence of tensions in high-income Europe ...

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World Bank, IMF call for inclusive growth, poverty reduction

Washington – The World Bank and the International Monetary Fund (IMF) have called for further efforts on inclusive growth and poverty reduction amid fragile global recovery. “The global economic outlook remains challenging,” the two Washington-based agencies said in a statement issued after a joint development committee meeting this weekend. “Policy adjustments and improved economic activity have reduced the threat of ...

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The Rise of Social Safety Nets in Africa

Social safety nets are taking off across Africa, where more than 120 cash transfer programs have been set up in the past 10 years alone. There is growing evidence that they significantly help to reduce poverty. In Rwanda, for example, the government has attributed rapidly falling poverty between 2006 and 2011 partly to the Vision 2020 Umurenge program of public ...

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New World Bank president wants alignment in changing world

Pretoria – Newly appointed World Bank president Dr Jim Yong Kim will seek a new alignment of the World Bank group with a rapidly changing world. The bank announced on Monday that it had selected the Korean-American global health expert to become its next president following the resignation of Robert Zoellick, whose term ends in June. “As president, I will ...

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Better resource allocation with customised computer models

Mathematical models developed in the United States could help developing countries better allocate their limited health resources and improve the provision of life-saving technologies and disaster relief. Case studies of the computer models, which were designed at the Georgia Institute of Technology, were presented at the annual meeting of the American Association for the Advancement of Science (AAAS) in Vancouver, Canada last month (19 February). Julie Swann, ...

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