It was great to answer live questions today at the WBG event on "Financing Climate Action". The private sector is essential to creating jobs and driving innovation for the net-zero transition. If you missed the event, watch the replay 👇 https://t.co/zDPhx01Srs #Finance4Climate
Timely piece by @rabah_arezki on development assistance & aid through digital cash transfer programs.
A strong & successful #IDA20 replenishment can help support the digital infrastructure & funding needed for more, inclusive safety nets. https://t.co/exps8yxTzS
Tackling emissions from coal will demand innovative solutions, major financial resources & a strong focus on ensuring a secure & inclusive transition.
More in this op-ed (in 🇫🇷) by our Executive Director @fbirol & World Bank President @DavidMalpassWBG ⬇️ https://t.co/gbEyEwvUWb
Today, I was pleased to see NAF, Jordan’s cash transfer program, in action & meet frontline staff & beneficiaries.
I welcomed the expansion & improvement in targeting of Takaful – the @WorldBank-financed program that provides support to the poorest & most vulnerable households.
Delighted to show #WorldBank President @DavidMalpassWBG the vibrant market @ZaatariCamp
Refugee entrepreneurs play an important part in the camp’s economy
This afternoon, I visited @ZaatariCamp.
I commend Jordan’s efforts to support refugees & provide them with education, job opportunities, health & basic services. The @WorldBank is pleased to partner with UNHCR (@Refugees) & @ILO in supporting Jordan's refugee response.
Today in Sudan, I delivered remarks on the country’s progress but also the reversals in development during this “time of upheaval.”
The world faces many challenges to boost growth, shorten the crisis, resume development & prepare for the future.
Remarks: https://t.co/RXPx701EnN
As of 2020, 690M people are hungry. Improving access to safe & nutritious food is a key priority for us & putting food systems on a sustainable path will take a major shift in incentives.
@DavidMalpassWBG remarks @FoodSystems Summit: https://t.co/5od7CDwTXW #UNFSS2021
The Taskforce’s data shows specific vaccine supply gaps—globally and for each country.
It also identifies countries with excess doses & vaccine supplies (e.g., G7 countries have collectively pre-purchased 2.4 billion excess doses, not counting their purchase options).
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The Multilateral Leaders Taskforce on #COVID19 is working to accelerate access & delivery of vaccines to developing countries by enhancing transparency & facilitating targeted solutions.
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Read today’s @WBG_Health blog with updated data: https://t.co/cQJhL8xUh2
At today's @g20org International Tax Symposium, I emphasized the need for fiscal policies that integrate climate & development goals.
Balanced incentive structures & sufficient resources for the world’s poorest countries are key.
My remarks: https://t.co/7V8xgkLVG8
At the @g20org International Conference on Climate, I affirmed the @WorldBank Group's commitment to integrate climate & development.
A country-based, data-driven approach to prioritize changes in subsidies, taxes & investments is essential.
My remarks: https://t.co/97spxdDvQ7
I was glad to convene & chair today’s first meeting of our Task Force on #COVID19 Vaccines, Therapeutics & Diagnostics for Developing Countries with @KGeorgieva, @DrTedros & @NOIweala.
Accelerating access to vaccines is critical.
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Our statement: https://t.co/YoGDBoWAtE
Given accelerating demand for #COVID19 vaccine finance, the @WorldBank Group is now able to make available financing up to $20b over the next 18 months – surplus doses must be released for use by developing countries.
Read my remarks here: https://t.co/B17iFJq5on
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The @WorldBank Group can fully fund the purchase of 400 million J&J doses for Africa, negotiated by @AfricaCDC & #AVATT.
I am excited to have @UNICEF join us in this important partnership – their assistance will do much toward getting people vaccinated.
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As the @WorldBank Group works to help developing countries expand vaccine manufacturing capabilities, today’s @IFC_org €600m long-term financing package for Aspen Pharmacare will do much to help with Africa’s #COVID19 response.
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Read more here: https://t.co/8aOp7AzGNm
The @WorldBank now has #COVID19 vaccine deployment operations for over 50 developing countries.
Boosting supply, enhancing transparency, accelerating deployment & matching doses to country needs are all key priorities.
Read more here: https://t.co/qf9mmhPNfm
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The @WorldBank Group now accounts for over half of multilateral climate finance to developing countries & 2/3 of adaptation finance.
We are increasing climate finance & focusing on meaningful results — greenhouse gas reduction & successful adaptation to climate change.
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.@WorldBank Group financing, diagnostics & advice will help the largest emitters flatten the emissions curve.
These will also help countries achieve successful adaptation & resilience to climate change, while preserving jobs and improving livelihoods.
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