Tag: World Bank Group

World Bank Group Aims to Expand Health Services to 1.5 Billion People

Stuart Mitchell

The World Bank Group has announced an ambitious plan to support countries in delivering quality, affordable health services to 1.5 billion people by 2030. This is part of a larger global effort to provide a basic standard of care through every stage of a person’s life—infancy, childhood, adolescence, and adulthood. For decades, the World Bank Group has helped provide health services for women and children in more than 100 countries. A focused effort to become faster, work better with partners, and bring in the private sector has enabled the 80-year-old…

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World Bank Group Responds to Overlapping Crises with Nearly $115 Billion in Financing in Fiscal Year 2022

Stuart Mitchell

In its just-completed fiscal year 2022 (FY22), the World Bank Group responded with unprecedented scale to overlapping global crises, providing advice and financing in response to the sharpest economic slowdown in eight decades, rising inflation, deepening food insecurity, war and fragility, and the continued negative impact of the COVID-19 pandemic. Amid these devastating crises, the World Bank Group deployed a record $114.9 billion in FY22 (July 1, 2021-June 30, 2022). Commitments during FY22 were informed by our knowledge work and helped countries address rising food prices, manage refugee flows, bolster…

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World Bank Group and CTA Announce Winners of Global Women’s HealthTech Awards

Stuart Mitchell

The World Bank Group and the Consumer Technology Association (CTA) announced the winners of The Global Women’s HealthTech Awards, recognizing innovative startups that leverage tech to improve women’s health and safety in emerging markets. The winning startups selected by a panel of industry experts are Antiva Biosciences, InnAccel, NIRAMAI, and UE LifeSciences. The Awards attracted over 70 companies from 35 countries, which submitted their innovative products and services under three categories: reproductive health and pregnancy, general women’s and adolescent health, and women safety and security. “These startups are using technology to…

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World Bank Group to Help Attract Investments and Empower Women Entrepreneurs in Armenia

Stuart Mitchell

The World Bank Group, in partnership with the United Kingdom’s Good Governance Fund, is launching a new advisory program in Armenia to help the government implement reforms, attract foreign direct investment (FDI), and foster female entrepreneurship to spur business growth and job creation. Since 2008, attracting FDI to Armenia has been challenging due to the global economic crisis, the recession in Russia—the country’s main trading partner—and regulatory and institutional issues. Armenia also faces disparities between women and men in entrepreneurship, reducing economic output to an equivalent of 14 percent of…

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Timberland Partners with United Nations Convention to Combat Desertification and World Bank Group’s Connect4Climate in support of the Great Green Wall

Stuart Mitchell

Global outdoor lifestyle brand Timberland announces a partnership with the United Nations Convention to Combat Desertification (UNCCD) and World Bank Group’s Connect4Climate to support the Great Green Wall as a nature-based solution to fight the global climate crisis. The Great Green Wall is an African-led movement to grow an 8,000km line of trees across the entire width of Africa to fight climate change, drought, famine, conflict, and migration. It represents a marquis project in Timberland’s pledge to plant 50 million trees worldwide by 2024, announced earlier this month.  Timberland’s longstanding…

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