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October 12, 2018
Inclusive Urbanization amid Global Change

Cities in the developing world are growing rapidly, both in number and size. While urbanization is known to spur economic growth, the migration of people from rural to urban areas can be associated with rising inequalities – both across urban and rural areas and within cities, especially in developing countries. Within this context, coupled with fiscal constraints, evolving global trade relations, extreme climate events, and technology disruption trends, national policymakers and city leaders are grappling with challenges in the delivery and financing of services, such as transport, water, waste management, and housing. How can countries harness the power of urbanization and cities for inclusive economic growth to improve the quality of life for all residents? This event will bring together leading policymakers, practitioners, and private sector thought leaders for a moderated discussion of how to make the urbanization process more inclusive, resilient, and sustainable both across and within cities in a changing global environment. To Learn More: Publication: September 2018 Indonesia Economic ...

Type: Event
October 12, 2018
The State of the Africa Region: Boosting Productivity in Africa: The Role of Human Capital

The event builds on the forthcoming Africa’s Pulse report’s special theme: The role of human capital in boosting productivity. A highly skilled, healthy labor force plays an important role in driving economic growth. It facilitates the adoption of rapidly changing technologies and enhances the ability to develop new technologies. How can Africa capitalize on its human capital to ramp up productivity and close large and persistent gaps in income per capita relative to advanced countries?

Type: Event
October 12, 2018
Investing in a Climate-Adapted World
Watch Live in Bahasa Indonesia! Global climate action has been focused heavily on mitigation, but as the likelihood of meeting the Paris target of 1.5C warming diminishes, the need to climate-proof our economies is becoming more urgent. While investment is increasingly flowing to renewables, energy efficiency and clean infrastructure, there is a significant gap in public and private investments for climate adaptation and disaster resilience. This event will bring Climate Leaders and Ministers together to highlight the role of partnerships and how countries can build their preparedness for a changing climate using cutting-edge adaptation practices and innovative finance instruments.
Type: Event
October 12, 2018
Implementing the SDGs in a Changing World: Localization, Inclusiveness, and Investing for Impact
The 2030 Agenda for Sustainable Development can only be achieved if we transform its global aspirational language into local realities. The 17 Sustainable Development Goals (SDGs) contained in the agenda are ambitious and require an unprecedented mobilization of resources, partnerships, and knowledge at the global, national, and subnational levels. The SDGs are inclusive and therefore its critical we think locally in our aim to ensure vulnerable groups are not left behind. We are now three years into implementation and it’s time to take stock of how implementation of the 2030 Agenda can be accelerated by making better use of local practices and how global events influence action and progress on its implementation.  The seminar aims to encourage dialogue and action on the challenges faced by localities in implementing the SDGs, particularly in light of an ever changing national and global economic environment.
Type: Event
October 12, 2018
Disrupting Development: Digital Platforms and Innovation
Watch Live in Bahasa Indonesia! Online platforms are quickly transforming the way we conduct business, shop for everyday products, look for a job, catch up with friends, or access public services. The shift is global, and is having a profound impact on people and the economy. E-commerce is poised to become a $6-trillion market by 2021. More than 1/5 of the world’s population has an account on at least one social network. And many governments now have websites that allow individuals to file their taxes or register a company. This could be a game changer for developing countries. The expansion of digital platforms can spur economic growth through the emergence of entirely new business models, promote meaningful interaction between governments and citizens, and provide innovative solutions to complex development challenges. So how can me make the most of these opportunities? And how can countries create the right conditions to support effective, secure, and inclusive digital platforms? Join our distinguished lineup of ...
Type: Event
October 11, 2018
Investing for Positive Impact: What is Needed to Scale Up

Impact investing has emerged as a significant opportunity to mobilize both public and private capital into investments that target measurable positive social, economic or environmental impact alongside financial returns. Despite the increased interest in and number of product launches claiming to be impact investments, there is no common discipline for how to manage investments for impact and the systems needed to support this. This has created complexity and confusion for investors, as well as a lack of clear distinction between impact investing and other forms of responsible investing. To address this challenge, the International Finance Corporation (IFC), in consultation with a core group of external stakeholders—impact asset managers, asset owners, asset allocators, and development banks and financial institutions— has drafted “Investing for Impact: Operating Principles for Impact Management.” The Consultation Draft of the Principles was launched in Bali on October 12, 2018, during a high-level panel that brought together a core group of asset managers, asset owners, and policy makers who ...

Type: Event
October 11, 2018
2018 Annual Meetings Plenary

World Bank Group President Jim Yong Kim and Managing Director of the International Monetary Fund Christine Lagarde speak at the October 12th plenary session of the Annual Meetings in Bali, Indonesia.

Type: Event
October 11, 2018
Human Capital Summit: A Global Call to Action
Without a healthy, educated and resilient population, countries cannot compete effectively in the global economy. That is why these global leaders and influencers came together, hours after the launch of the World Bank’s Human Capital Index, to issue an urgent call for action. The third annual Human Capital Summit opens with a high-level conversation between Prime Minister Lee Hsien Loong of Singapore and Jim Yong Kim, President of the World Bank Group, on the changing nature of work and the resulting need to prioritize investments in people; the importance of shifting the focus away from supply toward outcomes and demand; and why every country in the index has work to do. Their conversation is followed by remarks from global influencers and government leaders, each with a story and strong case for investing in the world’s people—and doing so with urgency.
Type: Event
October 11, 2018
The Bali Fintech Agenda, Joint Seminar of the IMF and the World Bank Group

Rapid advances in financial technology – fintech –  are transforming the global economic and financial landscape. Fintech can support growth and poverty reduction by strengthening financial development, inclusion and efficiency, but may also pose risk to financial stability and integrity as well asconsumer and investor protection.  In response to calls from member countries, the IMF and World Bank Group have developed the “Bali Fintech Agenda” as a blueprint for policymakers and the international community.            Christine Lagarde, managing director of the IMF, and Jim Yong Kim, president of the World Bank Group, presented the Agenda in a panel discussion, where they were joined by Sri Mulyani Indrawati, minister of finance of Indonesia and chair of the Development Committee, Lesetja Kganyago, governor of the South African Reserve Bank and chair of the IMFC, and Mark Carney, governor of the Bank of England and chair of the Financial Stability Board. President of Indonesia Joko Widodo (Jokowi) delivered the opening remarks. Reflecting on the origins of ...

Type: Event
October 10, 2018
2018 Annual Meetings Opening Press Conference: World Bank Group President Jim Yong Kim
World Bank Group President Jim Yong Kim addresses the press during the World Bank Group/International Monetary Fund 2018 Annual Meetings.
Type: Event

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