22 New Indicators introduced by the World Bank to measure it's impact.
1. Millions of beneficiaries of social safety net programs
2. Millions of students supported with better education
3. Millions of people receiving quality health, nutrition, and population services
4. Millions of people benefitting from strengthened capacity to prevent, detect, and respond to health emergencies
5. Countries at high risk or in debt distress that implemented reforms toward debt sustainability
6. Countries with tax revenues to GDP ratio at or below 15% (including social security contributions) that have increased collections, considering equity
7. Net GHG emissions per year
8. Millions of people with enhanced resilience to climate risks
9. Millions of hectares of terrestrial and aquatic areas under enhanced conservation and management
10. Millions of people provided with water, sanitation, and hygiene, of which (%) is safely managed
11. Millions of people with strengthened food and nutrition security
12. Millions of people that benefit from improved access to sustainable transport infrastructure and services
13. Millions of people provided with access to electricity
14. GW of renewable energy capacity enabled
15. Millions of people using broadband internet
16. Millions of people using digitally enabled services
17. Millions of people benefitting from greater gender equality, of which (%) from actions that expand and enable economic opportunities
18. Millions of people and businesses using financial services, of which (%) are women
19. Millions of new or better jobs
- of which (%) for women
- of which (%) for youth
20. Millions of displaced people and people in host communities provided with services and livelihoods
21. $ billions in total private capital enabled
22. $ billions in total private capital mobilized
I couldn't help but wonder if there is a correlation between no. 20 and nos. 21 and 22.
https://lnkd.in/eib6WTDX
There are reasons to feel optimistic about the latest update of The World Bank's Evolution Roadmap – which sets out a plan for reforming the institution to equip it with the tools needed to tackle major global challenges of the 21st century.
In a new blog, Hans Peter Lankes, Annalisa Prizzon and Chris Humphrey assess what the Roadmap has got right and where more needs to be done.
#AnnualMeetings#AM2023#WorldBank#MDBs
The World Bank's new corporate scorecard has 22 indicators. Here they are:
1. Millions of beneficiaries of social safety net programs
2. Millions of students supported with better education
3. Millions of people receiving quality health, nutrition, and population services
4. Millions of people benefitting from strengthened capacity to prevent, detect, and respond to health emergencies
5. Countries at high risk or in debt distress that implemented reforms toward debt sustainability
6. Countries with tax revenues to GDP ratio at or below 15% (including social security contributions) that have increased collections, considering equity
7. Net GHG emissions per year
8. Millions of people with enhanced resilience to climate risks
9. Millions of hectares of terrestrial and aquatic areas under enhanced conservation and management
10. Millions of people provided with water, sanitation, and hygiene, of which (%) is safely managed
11. Millions of people with strengthened food and nutrition security
12. Millions of people that benefit from improved access to sustainable transport infrastructure and services
13. Millions of people provided with access to electricity
14. GW of renewable energy capacity enabled
15. Millions of people using broadband internet
16. Millions of people using digitally enabled services
17. Millions of people benefitting from greater gender equality, of which (%) from actions that expand and enable economic opportunities
18. Millions of people and businesses using financial services, of which (%) are women
19. Millions of new or better jobs
- of which (%) for women
- of which (%) for youth
20. Millions of displaced people and people in host communities provided with services and livelihoods
21. $ billions in total private capital enabled
22. $ billions in total private capital mobilized
All unbanked stories are different. There isn't a single reason why close to two billion people have been excluded by the global financial system.
An inability to cover the costs, a lack of service in specific locations, and unreliable banks help explain a lot, and people feel it.
World Bank numbers suggest that in some LATAM countries, close to half of the population feel they can't rely on the financial system.
We must do better, and we will.
"Insurance was never a growth at all cost market, but the recent financial tightening has stressed this again."
This quote from the 'State of the Global Insurtech 2023' report seems more relevant than ever.
Against the backdrop of western central banks signaling a 'higher for longer' interest rate narrative, the prospect of a fiscal boost in the coming years dwindles.
Insurance entities must especially in this scenario, focus on streamlining processes to reduce administrative costs and maximize investment returns.
Thanks to MAPFRE and Mundi Ventures, for featuring our view on how the problem of payment inefficiencies causes unnecessary expenses across the insurance value chain.
The report is extremely well put together and filled with valuable insights - definitely worth a read!
#Insurtech#FinancialInsights#StreamlinedProcesses#IndustryTrends
AFI and Group of Twenty-Four (G-24) are hosting today the 15th Annual policymakers’ roundtable at the 2023 International Monetary Fund (IMF) and The World Bank Group (WBG) Annual Meetings.
The G-24/AFI Roundtable provides a high-level platform for engaging Central Bank Governors and senior policymakers from developing and emerging countries in discussions on globally relevant #FinancialInclusion policy issues.
This year’s G-24/AFI policymakers’ roundtable, which comes under the title “The Evolving Mandate of Central Banks," will explore the role of central banks in fostering inclusive #innovation and in advancing social and environmental goals.
In previous years, the G-24/AFI policymakers’ roundtable has galvanized action on cutting-edge topics including inclusive digital currencies, inclusive #GreenFinance, #gender inclusive finance, #FinTech regulation, and the challenge of de-risking.
Find out more: https://bit.ly/3ZP7N7j#LeaveNoOneBehind#GlobalGoals#SDG 13 #SustainableFinance#InclusiveInnovation
Immediate joiner as Project Manager/Resident Engineer for Infrastructure development Projects with 25 years' Experience
1moWhere the network of upskilling training centers will be located? What type of training will be provided?