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World Bank Committed to Support Nepal’s Development Goals

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World Bank Vice President for South Asia Region, Hartwig Schafer today reiterated the World Bank’s commitment to support Nepal in its ambitious transition to federalism, as he concluded a five-day visit to the country.

During his meeting with Prime Minister KP Sharma Oli, Schafer congratulated the government’s visionary goal of reaching middle-income country status by 2030, reaffirmed the World Bank’s commitment to support government priorities, and to seek additional resources through various available windows. In his meeting with Finance Minister Dr. Yuba Raj Khatiwada, Mr. Schafer also discussed further support to the federalism transition, as well as a potential International Investors’ Conference in 2019 in support of Nepal’s agenda to crowd in private finance for development.

With a stable government that has prioritized broad-based reforms and private sector-driven growth, I am positive that Nepal can achieve higher growth rates for the next several years. To sustain such growth, we want to help Nepal mobilize investments from sources that go beyond traditional development finance. We call this approach Maximizing Finance for Development. Private sector investment will only come if there is a transparent, conducive policy environment,” he said, “Nepal is one of the first countries where we are approaching this in a systematic way with the World Bank, IFC and MIGA coming in and helping to provide a platform for private investments in the energy, technology, and other sectors. This will also create jobs for more and more Nepalis, which is the need of the hour.”

The Vice President also had a joint field visit with Finance Minister Dr. Yuba Raj Khatiwada and Minister for Energy, Water Resources and Irrigation Barsha Man Pun to discuss the potential of tourism, hydropower and private sector investment in the country. The team visited Solukhumbu District and Sankhuwasabha District before observing the houses being rebuilt after the earthquake in the Majhi settlement of Gaikhura in Manthali Municipality, Ramechhap.

Walking through the houses being rebuilt, Schafer met members of local communities, commending their resilience and efforts to build back better after the earthquake. He also met elected members of parliament and local level representatives. “It is heartening to see the collective effort of so many actors to ensure that people’s homes and lives are rebuilt,” Schafer said. “We must pick up the pace of reconstruction, and also ensure that disaster risk reduction measures are put in place to deal with future contingencies.” The World Bank has provided a credit of $500 million to the Government of Nepal through the Earthquake Housing Reconstruction Project.

In Kathmandu, Schafer participated in the launch of a joint report of the World Bank Group entitled “Country Private Sector Diagnostic: Creating Markets in Nepal”. He was also part of the signing of two agreements between the Government of Nepal and World Bank. The agreements, totaling US$ 155.7 million, will be invested in the construction and maintenance of safe, resilient and cost-effective bridges in Nepal, and in improving food security of vulnerable households and communities. In his first visit to Nepal as the World Bank Vice President for South Asia, Schafer also met with opinion leaders, senior government officials and civil society representatives. In engaging with the private sector, he visited Saral Urja, the investee clients of Business Oxygen (BO2), an IFC SME-Venture Fund, and Incessant Rain Animation Studios, a state-of-the-art animation and visual effects facility.

After his interactions with the team at Incessant Rain, Schafer commented, “I really enjoyed this opportunity to visit an enterprise that is nurturing the artistic and creative talents of the Nepalese youth. With a world class facility that provides services to well- known international clients, organizations like this play an important role in putting Nepal on the map as an outsourcing destination. Apart from contributing to the economic growth through exports and job creation, it is a pleasure to see a home-grown company that promotes the country’s rich cultural heritage and diversity. This is the kind of future we want for the private sector in Nepal, and the World Bank is committed to support this vision.”

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EU Politics

Coronavirus: Commission reaches first agreement on a potential vaccine

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Today, the European Commission has reached a first agreement with the pharmaceutical company AstraZeneca to purchase a potential vaccine against COVID-19 as well as to donate to lower and middle income countries or re-direct to other European countries. This is following the positive steps regarding the conclusion of exploratory talks with Sanofi-GSK announced on 31 July and with Johnson & Johnson on 13 August. Once the vaccine has proven to be safe and effective against COVID-19, the Commission now has agreed the basis for a contractual framework for the purchase of 300 million doses of the AstraZeneca vaccine, with an option to purchase 100 million more, on behalf of EU Member States. The Commission continues discussing similar agreements with other vaccine manufacturers.

Ursula von der Leyen, President of the European Commission, said: “The European Commission’s intense negotiations continue to achieve results. Today’s agreement is the first cornerstone in implementing the European Commission’s Vaccines Strategy. This strategy will enable us to provide future vaccines to Europeans, as well as our partners elsewhere in the world.

Stella Kyriakides, Commissioner for Health and Food Safety, said: “Today, after weeks of negotiations, we have the first EU advance purchase agreement for a vaccine candidate. I would like to thank AstraZeneca for its constructive engagement on this important agreement for our citizens. We will continue to work tirelessly to bring more candidates into a broad EU vaccines portfolio. A safe and effective vaccine remains the surest exit strategy to protect our citizens and the rest of the world from the coronavirus.”

The agreement approved today will be financed with the Emergency Support Instrument, which has funds dedicated to the creation of a portfolio of potential vaccines with different profiles and produced by different companies.

AstraZeneca’s vaccine candidate is already in large-scale Phase II/III Clinical Trials after promising results in Phase I/II concerning safety and immunogenicity.

The decision to support the vaccine proposed by AstraZeneca is based on a sound scientific approach and the technology used (a non-replicative recombinant chimpanzee adenovirus-based vaccine ChAdOx1), speed at delivery at scale, cost, risk sharing, liability and the production capacity able to supply the whole of the EU, among others.

The regulatory processes will be flexible but remain robust. Together with the Member States and the European Medicines Agency, the Commission will use existing flexibilities in the EU’s regulatory framework to accelerate the authorisation and availability of successful vaccines against COVID-19. This includes an accelerated procedure for authorisation and flexibility in relation to labelling and packaging.

Background

The European Commission presented on 17 June a European strategy to accelerate the development, manufacturing and deployment of effective and safe vaccines against COVID-19. In return for the right to buy a specified number of vaccine doses in a given timeframe, the Commission would finance part of the upfront costs faced by vaccines producers in the form of Advance Purchase Agreements. Funding provided would be considered as a down-payment on the vaccines that will actually be purchased by Member States.

Since the high cost and high failure rate make investing in a COVID-19 vaccine a high-risk decision for vaccine developers, these agreement will therefore allow investments to be made that otherwise would simply probably not happen.

The European Commission is also committed to ensuring that everyone who needs a vaccine gets it, anywhere in the world and not only at home. No one will be safe until everyone is safe. This is why it has raised almost €16 billion since 4 May 2020 under the Coronavirus Global Response, the global action for universal access to tests, treatments and vaccines against coronavirus and for the global recovery.

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Human Rights

Millions ‘on the edge’ in DR Congo, now in even greater danger of tipping over

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WFP food distribution to Internally Displaced People in Kikuku, North Kivu, Democratic Republic of the Congo. WFP/Ben Anguandia

Millions of lives could be lost to hunger in the Democratic Republic of the Congo (DRC), amid escalating conflict and worsening COVID-19 transmission, the UN emergency food relief agency has warned, urging the international community to step up support for the African nation.

According to the World Food Programme (WFP), latest national data shows that about four in ten people in the DRC are food insecure, with some 15.6 million suffering “crisis” or “emergency” levels of hunger.

“So many Congolese are on the edge, and in even greater danger now of being tipped over the edge”, said Claude Jibidar, the head of WFP operations in the country.

“The world just can’t let that happen, worried though it understandably is about the huge toll COVID-19 is taking on lives and livelihoods elsewhere.”

Crisis in every direction

Outbreaks of diseases, violence, and fears of a poor harvest, are worsening an already alarming situation.

Malnutrition is particularly pervasive in the east of the country, where decades of brutal conflict has forced millions from their homes – many of them numerous times. In the first half of 2020, almost a million people were uprooted from their homes due to new violence.

Displaced persons across the DRC – numbering more than five million – live in makeshift camps and urban areas with poor sanitation and healthcare, making them especially susceptible to COVID-19.

Adding to this are killer diseases, malaria and cholera, exacerbating the hunger challenge. A new large-scale outbreak of measles in the central Kasai region has significantly increased the risk of fatalities among malnourished children.

The dire health situation is compounded by successive outbreaks of Ebola Virus Disease (EVD). By the time the DRC’s tenth and biggest Ebola epidemic ended in June, having claimed almost 2,300 lives in the east over two years, the eleventh had erupted in the northwest, and continues to spread.

Resources urgently needed

Against this bleak picture, UN agencies, including the WFP have been working to provide life-saving assistance across the nation.

On its part, WFP need another $172 million to be able to fully implement its emergency operation in the country over the next six months. With enough resources, it aims to reach 8.6 million people this year– including almost a million of those hit hardest by the pandemic – up from a record 6.9 million reached in 2019.

However, without the necessary funding, food rations and cash assistance will have to be cut, then the number of people being helped, warned the UN agency.

“Interventions to treat and prevent acute malnutrition – which afflicts 3.4 million Congolese children – are at immediate risk”, it said.

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Coronavirus and schools: Access to handwashing facilities key for safe reopening

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Girls at a school in Cambodia wash their hands using water from a school WASH facility. © UNICEF/Bona Khoy

Nearly 820 million children worldwide do not have basic handwashing facilities at school, putting them at increased risk of COVID-19 and other transmittable diseases, according to a report published on Thursday by the World Health Organization (WHO) and the UN Children’s Fund, UNICEF.

“Access to water, sanitation and hygiene services is essential for effective infection prevention and control in all settings, including schools”, said Tedros Adhanom Ghebreyesus, the WHO Director-General.

“It must be a major focus of government strategies for the safe reopening and operation of schools during the ongoing COVID-19 global pandemic.”

Historic disruption to education

COVID-19 has created the largest disruption to education ever recorded, affecting nearly 1.6 billion students in more than 190 countries, according to UN data.

The study found that last year, 43 per cent of schools globally lacked access to basic handwashing with soap and water: a key condition for schools to be able to operate safely in the midst of the pandemic.

Of the roughly 818 million children worldwide who lack basic handwashing facilities at school, more than one third are in sub-Saharan Africa.

In the 60 countries at highest risk of health and humanitarian crises due to the virus, three-quarters of children lacked the basic ability to wash their hands at school at the start of the outbreak, while half lacked basic water service.

Balancing act for governments

The report stressed that governments seeking to control coronavirus spread must balance the need for implementing public health measures against the social and economic impacts of lockdown measures.

The partners said evidence of the negative impacts of prolonged school closures on children has been well documented.

“Global school closures since the onset of the COVID-19 pandemic have presented an unprecedented challenge to children’s education and wellbeing”, said Henrietta Fore, UNICEF Executive Director. “We must prioritize children’s learning. This means making sure that schools are safe to reopen – including with access to hand hygiene, clean drinking water and safe sanitation.”

Solutions for safe return

The report identifies resources for COVID-19 prevention and control in schools, including 10 immediate actions and safety checklists.

It builds on guidelines on the safe reopening of schools issued in April by UNICEF and partners, geared towards national and local authorities.

The guidelines include several protocols on hygiene measures, use of personal protective equipment, cleaning and disinfection, as well as providing access to clean water, handwashing stations with soap, and safe toilets.

UNICEF and WHO underlined their commitment to achieving equitable access to adequate water, sanitation and hygience services worldwide, including through the Hand Hygiene for All initiative that supports vulnerable communities.

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