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World Bank

World Bank Must Prioritize Genuine Citizen Engagement

Nezir Sinani | Posted 08.12.2016 | World
Nezir Sinani

More than thirty years ago, in response to disastrous effects of its development projects, the World Bank Group (WBG) instituted the first of eight safeguard policies designed to "prevent or mitigate adverse impacts of its projects on people and the environment." But they need updating.

Bahrain's Money Talk

Brian Dooley | Posted 08.10.2016 | World
Brian Dooley

Money talks in Bahrain. In fact it never really shuts up. The ruling family continues to splurge on a series of vanity projects despite a growing clamor of alarm from international analysis warning that the tiny island kingdom's finances are fast swirling down the toilet.

San Diego a Leader in Phones, Drones and Genomes: the TPP and Jobs of the Future

Carl Nettleton | Posted 08.12.2016 | Business
Carl Nettleton

While presidential candidates have continued to focus on the negative aspects of U.S. trade agreements, Commerce Secretary Penny Pritzker visited San ...

As Climate Change Hits Economies, Small Island States Turn to Selling Passports

Till Bruckner | Posted 07.28.2016 | Business
Till Bruckner

Such economic citizenship programmes, which are being run by several small island states in the region, have raised concerns that terrorists, criminals and other shady characters could buy Caribbean passports to evade justice, slip into Europe and North America through the back door, or squirrel away billions in stolen public money in tropical tax paradises.

World Bank's Updated Safeguards a Missed Opportunity to Raise the Bar for Development Policy

Nezir Sinani | Posted 07.26.2016 | Green
Nezir Sinani

Despite an unprecedented consultative process involving thousands of stakeholders from government, civil society, and the private sector, the review and update of the World Bank safeguard policies has proven to be a missed opportunity for the Bank to reclaim its place as a global leader in development.

To Secretary General Ban Ki Moon

Fernando Morales-de la Cruz | Posted 07.21.2016 | Impact
Fernando Morales-de la Cruz

Sadly, hundreds of millions of farmworkers earn daily wages that are lower than the price of a cup of coffee, tea or chocolate in New York or Geneva, while the industries they supply in developed nations accumulate tens of billions of dollars in profits every year.

Ideas For Action From Youth: Financing Solutions For Implementing The Sustainable Development Goals

Mahmoud Mohieldin | Posted 07.20.2016 | World
Mahmoud Mohieldin

The innovative and fresh ideas needed to tackle the world's biggest challenges will likely come from youth. That's why the World Bank Group and the Wharton School sponsor the Ideas for Action competition.

World Bank Forgoes Transparency, Hides Behind Policy Loophole

Nezir Sinani | Posted 06.26.2016 | World
Nezir Sinani

On May 26, 2016, sixty-nine civil society organizations (CSOs) from twenty-six countries urged the World Bank to maintain transparency throughout the ongoing review of its environmental and social protection policies, or safeguards.

To Reach the SDGs, the World Needs a Multi-Generational Alliance

Bill Reese | Posted 06.21.2016 | Impact
Bill Reese

Last year, more than 190 world leaders committed to end extreme poverty, reduce social and economic inequalities, and address the horrors of climate c...

A Clinton-Warren Ticket Means Double Trouble for The Donald

Alexia Parks | Posted 06.10.2016 | Politics
Alexia Parks

Yesterday, I attended a fund-raising event where Naomi Klein spoke about the importance of keeping fossil fuels in the ground, as government policy, o...

U.S. Senators Call on Treasury to Prevent Dilutions to World Bank Safeguard Policies

Nezir Sinani | Posted 06.06.2016 | Green
Nezir Sinani

Co-authored by Julia Radomski, Information Services Coordinator at Bank Information Center The World Bank has been reviewing its environmental and sa...

Have We Passed the Era of Peak Dam?

Peter Bosshard | Posted 06.02.2016 | Green
Peter Bosshard

The breakthrough of wind and solar power helps to keep rivers like the Nu/Salween free-flowing (Peter Ford, Christian Science Monitor) Wind and solar...

Have We Passed the Era of Peak Dam?

Peter Bosshard | Posted 06.02.2016 | Green
Peter Bosshard

The breakthrough of wind and solar power helps to keep rivers like the Nu/Salween free-flowing (Peter Ford, Christian Science Monitor) Wind and solar...

New Insurance To Help Poor Countries Tackle Pandemics Like Ebola, Zika

The Huffington Post | Sarah Grossman | Posted 05.25.2016 | Impact

A new tool aims to help poor countries manage epidemics, before they devastate their health and finances. The World Bank recently launched the “Pand...

From Billions to Trillions

Dante Disparte | Posted 05.23.2016 | Business
Dante Disparte

Business is hard everywhere. Wise business leaders will diversify the regulatory burden and comparatively high costs of operating in advanced markets where the competitive landscape is crowded, for the first mover advantage of pioneering markets.

Why Advancing the Rule of Law Is Good for Business... and the World

Michael Walsh | Posted 05.25.2016 | Business
Michael Walsh

War zones represent the most extreme lack of rule of law, but not the whole spectrum. According to the United Nations, an estimated 4 billion people live outside the umbrella protection of the rule of law and these people often struggle for basic, human rights. If you're picturing countries outside U.S. borders, think again.

Global Moms' Health Must Improve So Kids' Brains Can Compete In Digital Future: World Bank

Thomson Reuters Foundation | Sarah Grossman | Posted 05.23.2016 | Impact

COPENHAGEN (Thomson Reuters Foundation) - Countries which fail to invest in young women's health will be left behind because the underdeveloped brains...

Natural Disasters Already Cost $40 Billion A Year. It Could Get A Lot Worse.

The Huffington Post | Casey Williams | Posted 05.17.2016 | Green

As climate change makes natural disasters worse, countries are struggling to cope. The combination of climate change, population growth and urbanizat...

Duterte and 'The System'

Daniel Wagner | Posted 05.13.2016 | World
Daniel Wagner

Things must be pretty bad if a man who endorses and participates in vigilante-style justice and summary executions led by death squads is overwhelmingly elected by the people to do so on a national level.

Inspired to Action, World Leaders Aim to Ensure Education Opportunity For All Children

Benedict Joson | Posted 05.02.2016 | World
Benedict Joson

Photos by Lana Wong/Education Commission For many of us, our daily lives revolve around the scheduled setting of school, work, and home. For millions...

Mobilizing Resources to Finance Global Health Priorities

Dr. Ariel Pablos-Mendez | Posted 04.27.2016 | HuffPost Home
Dr. Ariel Pablos-Mendez

On April 14 and 15 I had the pleasure to co-host, together with the World Bank, the first annual forum on Resource Mobilization for Universal Health Coverage. Even though this sounds like a mouthful I can assure you that the topic is extremely important for all of us working in global health.

Setting the World Bank President Straight On Large Dams

Peter Bosshard | Posted 04.26.2016 | Green
Peter Bosshard

On April 6, World Bank President Jim Kim addressed the Union Theological Seminary in New York on "The Principle of Mercy." During his presentation, Jim Kim mused extensively about his philosophical upbringing and his path from a public health activist to the head of a global financial institution.

'Green News Report' - April 26, 2016

Brad Friedman and Desi Doyen | Posted 04.26.2016 | Green
Brad Friedman and Desi Doyen

The Green News Report is also available via... IN TODAY'S RADIO REPORT: 30 years after the world's worst nuclear accident, new efforts to contain...

Can the World Bank Take Pride in its Defense of the LGBT Community?

Nezir Sinani | Posted 04.25.2016 | Queer Voices
Nezir Sinani

The current Bank social policies do not require assessing the unique needs or concerns of the LGBT community, or to determine how a specific project might impact that community. These policies do not guarantee Bank consultation with LGBT people or organizations in areas where the Bank will be investing or conducting its work.

4 Questions, 4 Answers: What's Next After the Paris Agreement?

John Roome | Posted 04.22.2016 | Green
John Roome

I've answered some questions that will better help explain why the signing of the Paris Agreement is critical and how we in the World Bank Group are stepping up our efforts to help countries deliver on their pledges.