Sector markets for the 4 billion BOP consumers range widely in size.
A recent UN report highlights the need to examine the role of development finance institutions in sustainable development, but it leaves open the question of whether member states should call for a review process.
Here’s a perspective on some of the outstanding negotiation challenges.
After 17 months of debate, the UN Open Working Group has proposed a set of Sustainable Development Goals to succeed the Millennium Development Goals, which expire next year. These goals focus on eradicating extreme poverty by 2030.
How do these newly proposed goals square with this ambitious aim?
Although the World Bank has successfully addressed a number of important economic and social risks in its projects, it is falling short in recognizing climate risks. As the World Bank refreshes its long-term strategies, this is a key moment to bring climate change—and more broadly, sustainability—to the forefront of its investment agenda.
Assessing Principles of Sustainable Development and Governance in the World Bank's Project Plans...
As the challenges facing the world—from economic uncertainty and political unrest, to the increasingly severe impacts of a changing climate—have grown, the World Bank is seeking to reinvent itself and help its developing member countries address these challenges.
To understand the World...
Helping the global community to forge a transformative and inclusive global sustainable development agenda by 2015.
Under the new leadership of Dr. Jim Yong Kim, the World Bank Group continues to reinvent itself to meet the challenges of global development. That reinvention will continue this Saturday, when the Board of Governors is expected to endorse a new strategy for the institution. If properly implemented across the Group, the strategy could help boost the institution’s contribution to equitable and sustainable development. Two areas of focus will be especially important, including how the Group handles its work on climate change and selects its investments.
When the secretary general, Ban Ki-moon, takes the floor of the UN general assembly this week, he will address two of the most pressing challenges of our time: poverty and climate change.
The United Nations’ new population growth projections show that the world is set to reach nearly 9.6 billion by 2050. This growth holds serious implications for global food security. Absent other effective measures to control dietary shifts and reduce food loss and waste, the world will need to produce about 70 percent more food annually by 2050 to meet global demands. That is a big task, and even harder to do without converting millions more hectares of forests into farmland, contributing to climate change.
On July 16, 2013 the World Bank agreed to support universal access to reliable modern energy and limit the financing of coal-fired power plants to rare circumstances in an effort to address climate change concerns.