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- Permanent Link:
- http://dpanther.fiu.edu/dpService/dpPurlService/purl/FI13042121/00001
Notes
- Summary:
- This document outlines the role of the World Bank in helping developing countries adapt to the negative impacts of climate change by establishing risk management strategies and financial products that help reduce vulnerabilities, and make cities resilient to natural disasters. It presents the results of programs and projects designed to address these challenges. The World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA) work together to reduce poverty and improve the lives of the poor in developing countries. They provide financial and technical assistance through various projects focused on international trade, finance, health, poverty, education, infrastructure, governance, climate change, etc. This report presents an assessment of the World Bank’s activities addressing post-crisis situations in 2011. The main challenges recognized in the document for this year include rising food prices, meeting the Millennium Development Goals (MDGs), improving risk management and disaster response and recovery, and youth unemployment. The report highlights the importance of linkages amongst developing countries by discussing the World Bank’s support for South-South knowledge transfers and foreign investment. In recognition of the particularly devastating impact of climate change on developing countries, the Bank has moved low-carbon climate-resilient poverty reduction and development to the forefront of its thinking. In fiscal year 2011, the World Bank Group committed $ 57.3 billion, distributed in credits, loans, grants, and guarantees, to these various efforts. In terms of sectoral lending, the Bank has focused heavily on public administration, law and justice; transportation; along with health and other social services. The last section discusses the World Bank’s own performance improvement agenda, as well as its strategic priorities to achieve its desired results. At the end of the report, it provides notable results from World Bank’s involvement in each of the member countries. An Independent Evaluation Group’s (IEG) assessment of the World Bank’s response to the current economic crisis showed that the principal recipients of Bank lending were middle-income countries. With these countries leading the global recovery, this engagement shows the part that the Bank now plays in stabilizing world economic growth. Separate assessments of each of the six regions’ state of development finds that World Bank support has made a significant difference to boosting economic growth, reducing poverty, and improving the living conditions of the poor. ( English,English,English,, )
- Subject:
- Climate Change and Disasters
- Scope and Content:
- The Board of Executive Directors; Message from the President of the World Bank Group and
Chairman of the Board of Executive Directors; The Role of IBRD p. 2; The Role of IDA p. 2; World Bank Lending by Theme and Sector, Fiscal 2006–11 p. 4; Operational Summary, Fiscal 2011 p. 5; Chapter 1: Postcrisis Directions p. 6; Chapter 2: The Regions p. 14; Africa p. 14; East Asia and Pacific p. 16; Europe and Central Asia p. 18; Latin America and the Caribbean p. 20; Middle East and North Africa p. 22; South Asia p. 24; Chapter 3: The World Bank p. 26; World Map: World Bank Regions, Country Offi ces, and Borrower Eligibility; See The World Bank at Work: Results from the Field, a special insert in the center of this report.
- Citation/Reference:
- Lips, C. (ed). (2011). The World Bank annual report 2011: year in review. The World Bank
Record Information
- Source Institution:
- Florida International University
- Rights Management:
- All rights reserved. All queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2422; e-mail: pubrights@worldbank.org.
- Resource Identifier:
- FI13042121
978-0-8213-8828-0 ( isbn )
0252-2942 ( issn )
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