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More Cities in Turkey to Benefit from Sustainable Municipal Services

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The World Bank’s Board of Executive Directors today approved financing of Eur 500 million (US$ 560.6 million equivalent) to support sustainable development in Turkish cities. This comes in the form of an Additional Financing (AF) to the Sustainable Cities 2 Project, the second in a series of projects under the Program for Sustainable Cities. The program aims to improve the economic, financial, environmental, and social sustainability of Turkish cities by enabling interested municipalities to access financing for their priority investments and to deliver improved services to their citizens.

The first Sustainable Cities Project (SCP 1) for US$132.7 million (including an EU IPA grant of EUR 23.125 million), was approved in December 2016 and the second Sustainable Cities Project (SCP 2) for US$ $91.54 million was approved in April 2018. This financing comes at a time when the entire SCP1 and SCP2 funds are fully committed to subprojects.

“Turkey’s growing cities are faced with increasing climate and disaster risks requiring a broad range of sustainable and resilient infrastructure to provide services and improve the lives of Turkey’s citizens,” said Auguste Kouame, World Bank Country Director for Turkey. “The World Bank Group has a long-standing engagement in Turkey’s urban sector and we are happy to continue helping Turkey’s cities to expand and improve their service delivery through this additional financing to the second Sustainable Cities Project.”

The project will be implemented by Ilbank to finance eligible subprojects in areas of urban resilience and sustainability and will have two components:

Component A: Municipal Investments (EUR 498.75 million or equivalent to $559.20 million). This component will be scaled up to finance demand-driven municipal infrastructure investments to improve access to quality, sustainable and resilient public transport, water and wastewater, solid waste management, energy efficiency and renewable energy, urban environments, municipal firefighting services, and social infrastructure and services.

Component B: Project Management (EUR 1 million, Ilbank financed equivalent to $1.12 million). This component will finance goods, consulting services related to day-to-day project management, M&E, reporting, and project communications.

The project fits within the Turkey Country Partnership Framework of the World Bank Group for the 2018-2021 period, which includes the strategic objective of improving the sustainability and resilience of cities through investments and technical assistance interventions, which coalesce around a public-private investment coordination approach.

The project supports the maximizing finance for development (MFD) approach of the World Bank and the International Finance Corporation (IFC) which is the Private Sector Arm of the World Bank Group. The project is also consistent with the Turkish Government’s 10th Development Plan (2014–2018), particularly its ‘Livable Spaces/Sustainable Environment’ pillar, which recognizes the challenges of rapid urbanization and maximizing its benefits for people and economy.

The lending instrument for the project is an IBRD Flexible Loan with a fixed spread and 30-year maturity, including a five-year grace period, level principal repayments and a commitment-linked repayment schedule.

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Development

World Bank Plans to Invest over $5 Billion in Drylands in Africa

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The World Bank plans to invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote livelihoods across 11 African countries on a swathe of land stretching from Senegal to Djibouti.

World Bank Group President David Malpass announced the investment at the One Planet Summit, a high-level meeting co-hosted with France and the United Nations that is focused on addressing climate change and biodiversity loss.

“This investment, which comes at a crucial time, will help improve livelihoods as countries recover from COVID-19 while also dealing with the impact of both biodiversity loss and climate change on their people and economies,” said Malpass.

The more than $5 billion in financing will support agriculture, biodiversity, community development, food security, landscape restoration, job creation, resilient infrastructure, rural mobility, and access to renewable energy across 11 countries of the Sahel, Lake Chad and Horn of Africa. Many of these efforts are in line with the Great Green Wall initiative. This builds on World Bank landscape investments in these countries over the past eight years that reached more than 19 million people and placed 1.6 million hectares under sustainable land management.

“Restoring natural ecosystems in the drylands of Africa benefits both people and the planet,” said Moussa Faki Mahamat, Chairperson of the African Union Commission.  

Working with many partners, PROGREEN, a World Bank global fund dedicated to boosting countries’ efforts to address landscape degradation, will also invest $14.5 million in five Sahelian countries – Burkina Faso, Chad, Niger, Mali, Mauritania.

The World Bank Group is the biggest multilateral funder of climate investments in developing countries. In December 2020, the World Bank Group announced an ambitious new target for 35% of its financing to have climate co-benefits, on average, over the next five years.

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Health & Wellness

Health experts arrive in Wuhan to investigate COVID-19 origins

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Members of an international team studying the origins of the virus that causes COVID-19 arrived in Wuhan, China, on Thursday, the head of the World Health Organization (WHO) announced during an expert meeting on the disease. 

Tedros Adhanom Ghebreyesus, the WHO Director-General, was addressing the latest session of the Emergency Committee on COVID-19 established under the International Health Regulations (IHR), a treaty that guides global response to public health risks. 

The new coronavirus that sparked the pandemic first emerged in Wuhan in December 2019.  Tedros reported that most of the 15 members of the delayed mission are now in the city, although two people are still in Singapore awaiting COVID-19 test results. 

“All members of the team had multiple negative PCR and antibody tests in their homes countries prior to traveling”, he said. 

“The team members who have arrived in Wuhan will be in quarantine for the next two weeks, and will begin working remotely with counterparts in China. They will then continue their work on the ground for a further two weeks.” 

Focus now on vaccine equity, travel prospects 

Thursday marked the sixth meeting of the IHR Emergency Committee on COVID-19.   

Members first convened a year ago, when there were less than 560 cases of the new disease. Today, more than 90 million cases have been reported globally, and the death toll has almost reached two million. 

Tedros said although the rollout of COVID-19 vaccines represents “hope of light at the end of the tunnel”, focus is now on ensuring all countries can access them on an equitable basis. 

He also highlighted two urgent issues for the committee’s attention: the recent emergence of multiple new variants of the virus, and the potential use of vaccination and testing certificates for international travel. 

“One theme ties both issues together: solidarity”, said Tedros.  “We cannot afford to prioritize or punish certain groups or countries. We are all in this together, and we must all come out of it together.” 

Challenges in Africa 

Meanwhile, the UN agency has warned of the need to avert a “runaway surge” of infections in Africa, as cases there top three million and new variants of the virus emerge on the continent. 

COVID-19 cases have risen steadily since mid-September, with a steeper rise from late November, and could increase in the wake of the Christmas and New Year holidays due to travel and festive gatherings. 

Dr. Matshidiso Moeti, WHO Regional Director for Africa, said although virus mutations are not surprising, preliminary analysis reveals that a new variant circulating widely in South Africa, known as 501Y.V2, is more transmissible.  

“Even if the new variant is not more virulent, a virus that can spread more easily will put further strain on hospitals and health workers who are in many cases already overstretched”, she said.  

“This is a stark reminder that the virus is relentless, that it still presents a manifest threat, and that our war is far from won.” 

WHO is supporting African countries with reinforcing genome sequencing efforts, key to finding and understanding new COVID-19 variants. 

So far, 501Y.V2 has been identified in Botswana, the Gambia and Zambia, while Nigeria is further investigating another variant found in samples collected in August and November.   The virus variant circulating in the United Kingdom has not been reported on the continent.

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Tech News

World Bank Group and CES Announce Global Tech Challenge Winners

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image: ces.tech

World Bank Group and CES announced the winners of the Global Tech Challenge at CES®2021.

The result of a partnership between the Consumer Technology Association (CTA) and the World Bank Group, the Global Tech Challenge was launched at CES 2020 to reward scalable and innovative technological solutions in three main areas: digital health in East Africa, resilience in India and gender equality around the world. Technology solutions that helped communities respond to the COVID-19 pandemic were also prioritized.

Selected among over 1,000 applications, three winners were selected for gender equality, 10 for resilience and 17 for digital health. More details about the selected innovations can be accessed here for health, resilience and gender equality.

Global Tech Challenge winners will have the opportunity to access financial and/or technical assistance to pilot and scale their solutions on the ground with private sector companies, governments and within development projects financed by the World Bank Group, one of the largest sources of funding and knowledge for developing countries.  

“From closing the digital divide to building resilience in the face of natural disasters or pandemics, innovation can solve some of the most pressing development challenges. The World Bank Group is pleased to support impactful programs focused on bringing equal access to connectivity to women in developing countries and to recognize cutting-edge solutions such as AI-enabled robots to rebuild homes in post-disaster areas. Now is the time to scale up solutions that have proven effective, so that no one is left behind in the new digital era,” said Makhtar Diop, the World Bank’s Vice President for Infrastructure.

“Disruptive technologies are a fundamental driver of economic growth and job creation—and key to solving development challenges around the world. At IFC, we are proud to support the private sector in bringing these technologies to emerging markets, with innovations that range from portable ultrasound devices that can detect COVID-19 to medical tools that provide real-time cardiac diagnoses even in remote areas,” said Stephanie von Friedeburg, Interim Managing Director and Executive Vice President, and Chief Operating Officer at IFC.

We are thrilled to be continuing our work with the World Bank so the world’s best and brightest innovators at CES can collaborate with the World Bank Group to enter new markets, provide solutions and aid in development,” said Karen Chupka, EVP, CES, Consumer Technology Association (CTA).

Owned and produced by CTA, CES 2021 will be an all-digital experience connecting exhibitors, customers, thought leaders and media from around the world. CES 2021 will allow participants to hear from technology innovators, see cutting-edge technologies and the latest product launches, and engage with global brands and startups from around the world. For over 50 years, CES has been the global stage for innovation, and CES 2021 will provide an engaging platform for companies large and small to launch products, build brands and form partnerships.

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