Serbia is making strides toward accelerating economic growth that is more green, resilient, and inclusive, by implementing a series of legal and policy reforms designed to create a public sector that is more efficient and transparent, as well as better able to enhance the economy’s resilience to natural hazards and climate change. The Public Sector Efficiency and Green Recovery Development Policy Loan, approved today by the World Bank Board of Directors, will provide €82.6 million to solidify this reform agenda and quicken Serbia’s recovery from the COVID-19 pandemic.
“This budget support operation is an important part of the World Bank Group’s engagement in Serbia and is closely linked to the pathways toward reducing poverty and boosting shared prosperity, with a strong focus on environmental sustainability and climate action,” says Stephen Ndegwa, World Bank Country Manager for Serbia.
“Public sector reforms and greening the recovery are important vehicles for accelerating Serbia’s EU integration agenda.’’
The two-pronged operation will support the Republic of Serbia in improving public sector efficiencies and initiating a green recovery, in tandem with the Agence Francaise de Développement, (AFD) – which is supporting the green recovery aspects of this initiative through its own additional financing to the Government of Serbia.
Public sector efficiency improvements are expected to come from a more transparent and efficient public procurement, improved mechanisms for public sector hiring, more efficient management of social protection programs, better control of state aid, and a more predictable legal framework for international transactions.
A green recovery will also focus on reducing air pollution and creating a legal framework for climate policy, actions which are expected to benefit people from all segments of the population.
“For us, this operation is only the beginning of the significant and comprehensive support for Serbia in the field of a green recovery. We are already working with other development partners on creating a program of reforms over the next couple of years to create greener, more resilient, and inclusive growth,” concluded Mr. Ndegwa.
Lighthouse Partnerships Gain Momentum on Social Justice
Crises in climate, health and inequality are compelling organizations to align business strategies with equity and social justice values.
In a new whitepaper, Lighthouse Action on Social Justice Through Stakeholder Inclusion, the World Economic Forum, in collaboration with Business for Social Responsibility (BSR) and Laudes Foundation, shines a light on emerging corporate momentum supporting stakeholder inclusion and social justice.
Through the case studies of nine “lighthouse examples,” the report chronicles how the following companies and coalitions are establishing stakeholder inclusion models and best business practices in three key areas:
Making investments targeting impacted communities in value chains and ecosystems:
– The Resilience Fund for Women in Global Value Chains (UN Foundation, BSR, Women Win/Win-Win, Gap Foundation, PVH Foundation, H&M Foundation, the VF Foundation, and the Ralph Lauren Corporate Foundation)
– In Solidarity Program (Mastercard)
– Replenish Africa Initiative (The Coca-Cola Foundation)
Influencing public policy and speaking out as corporate citizens:
– Open for Business Coalition (39 major corporations)
– Racial Equality and Justice Task Force (Salesforce)
Applying rigorous accountability practices and sharing power with workers in supply chains and communities:
– Unilever’s Living Wage commitment (Unilever)
– Farmer Income Lab (Mars, ABinBev, Danone, Oxfam, IDH, Livelihoods Fund for Family Farming, UNDP)
– Amul Supplier Cooperative Ownership (Amul)
– Patagonia’s Implementation of Regenerative Organic Certified Standards in its Apparel Supply Chain (Patagonia)
The whitepaper outlines successes and pain points as these leading lighthouse partnerships between business and civil society strive for more meaningful participation with communities most impacted by systemic injustices. Each business is unique in its culture and path to long-term value creation, but all are committed to the belief that stakeholder primacy leads to optimal outcomes.
The time to move forward with these ideals is now, and the conclusion is clear in that, “…the crises of pandemic, protest and social disruption have created an inflection point for many companies to evaluate their corporate sustainability strategies,” said David Sangokoya, Head, Civil Society and Social Justice, World Economic Forum. “Stakeholder inclusion must be at the centre of any corporate action on equity and social justice in our unequal world…positioning business on the path towards redesigning business models that shift power and value towards stakeholder primacy.”
Lebanon crisis: More international assistance needed urgently
Lebanon’s enduring economic crisis risks reversing decades of gains in people’s wellbeing, the head of the UN World Health Organization (WHO) said on Friday.
Speaking from the capital, Beirut, at the end of a two-day visit to the beleaguered Mediterranean country, Tedros Adhanom Ghebreyesus described finding shortages of “basic and essential medicines”.
Although the WHO has done what it can to fill gaps in healthcare there for the last 15 years, the WHO Director-General said that the situation had become “very dire” and that international support was needed immediately.
“It’s not just COVID, almost all services are being affected,” he said. “We visited two hospitals today… they told us that you know, they had, patients, cancer patients or other patients, but a shortage of medicines and those who cannot afford not having access to, they can’t have medicine, so meaning other services are being disrupted, and this is life, life, life and death.”
Lebanon’s unprecedented political and economic crisis has been made worse by the COVID pandemic and last August’s port explosion.
Fuel and power shortages
Tedros said that when he went to meet top Government officials, a power cut interrupted their encounter.
Similar fuel shortages have left hospitals functioning at 50 per cent capacity, the WHO Director-General said, adding that he had agreed to send a team of health experts to Lebanon to offer technical support as soon as possible.
The UN health agency has also provided “Band-Aid” assistance to the country’s medical sector, Tedros added.
This includes the purchase of essential medicines for 450,000 patients with acute and chronic conditions last year and this year.
But Dr Iman Shankiti, WHO Representative in Lebanon, told journalists that the caseload is now increasing and that demand is growing for medications to treat cancer, dialysis and emergency patients.
“At one point in time we were able to support 2,000 cancer paediatric cases and we were able to support 17,000 persons with catastrophic medications, but this is not enough,” she said. “I cannot say that we have filled the gap, we have closed the shortage. The needs are huge….It needs a whole-of-Government approach (to solving the shortages)”.
Regional insecurity risk
While in Beirut, Tedros visited several health facilities, including the newly renovated Central Drug Warehouse that had been destroyed by the Beirut port blast.
Accompanying him, Dr Ahmed Al Mandhari, Regional Director for the Eastern Mediterranean, highlighted the threat to regional instability if Lebanon’s health sector was not propped up.
The country was rapidly losing its longstanding status as a key provider of medical professionals, he warned, as its youngsters left the country to seek work elsewhere.
Lebanon’s strong vaccination and immunisation system was also under threat, said Dr Al Mandhari, noting that it had “protected the children of Lebanon and all those living in Lebanon, which helped us in the region and beyond to control communicable diseases like for example polio, measles and other communicable diseases that affect adults and children. So, if there is a break or a weakness in this expanded programme of immunisation in the country it will definitely hit other countries in the region.”
77 million children have spent 18 months out of class
The UN Children’s Fund (UNICEF) says the world is facing an education crisis due to the COVID pandemic, that has left nearly 77 million children shut out of the classroom for the past 18 months.
This Thursday, the UN agency is closing down its social media channels for the next 18 hours to send one message to the world: #ReopenSchools for in-person learning as soon as possible.
The UN Educational, Scientific and Cultural Organization (UNESCO) is joining UNICEF, together with the World Bank, the European External Action Service (EEAS), the European Commission Humanitarian Aid operation, the LEGO Foundation and the WEF Global Shapers community of world youth.
Right to education
For UNICEF, the right to go to school is central to every child’s development, safety and well-being. Yet in too many countries, classrooms remain closed while social gatherings continue to take place in restaurants, salons and gyms.
The agency believes “this generation of children and youth, cannot afford any more disruptions to their education.”
New numbers from UNESCO, released this Thursday, show that schools are now fully open in 117 countries, with 539 million students back in class, ranging from pre-primary to secondary levels.
This represents 35 per cent of the total student population across the world, compared to 16% who returned to school in September 2020, when schools were only open, or partially-open, in 94 countries.
Around 117 million students, representing 7.5 per cent of the total, are still affected by complete school closures in 18 countries. The number of countries with partly open schools, has declined from 52 to 41 over the same period.
In all countries that had prolonged full school closures, education was provided through a combination of online classes, printed modules, as well as tuition through TV and radio networks.
Schools can reopen safely
UNESCO and its Global Education Coalition partners have been advocating for the safe reopening of schools, urging full closures to be used as a measure of last resort.
Since the onset of the pandemic, schools were completely closed for an average of 18 weeks (4.5 months) worldwide. If partial closures are accounted for, the average duration of closures represents 34 weeks (8.5 months) worldwide, or nearly a full academic year.
For UNESCO, the past two academic years have resulted in learning losses and increased drop-out rates, impacting the most vulnerable students disproportionately.
Schools in most countries have adopted some forms of sanitation protocol such as wearing masks, using hand sanitizers, improving ventilation and social distancing, which were also key to re-opening schools last year.
Some countries have also introduced large scale testing as well as temporary classroom and school closures when the virus is detected.
Rising vaccination rates among both general population and teaching staff, has also been a key factor in reopening schools.
The vaccination of teachers has been prioritized in around 80 countries, allowing for the inoculation of some 42 million teachers. In a handful of countries, the vaccination of students aged 12 and over, is an important factor in determining the full re-opening of schools.
Action to accelerate the recovery of learning losses remains an essential component of national COVID-19 education responses. For that, UNESCO says teachers and educators need adequate support and preparation.
Connectivity and bridging the digital divide also remain key priorities in building the resilience of education systems and providing hybrid learning opportunities.
For that reason, UNESCO, UNICEF and the World Bank have partnered in an initiative called Mission: Recovering Education 2021, that supports governments in bringing all learners back to school, run programmes to help them catch up on lost learning, and prepare teachers to address learning losses and incorporate new digital technology.
Money seized from Equatorial Guinea VP Goes into Vaccine
As a classic precedence, the Justice Department of the United States has decided that $26.6m (£20m) seized from Equatorial Guinea’s...
More Than 2.5 Billion Trees to be Conserved, Restored, and Grown by 2030
Companies from across sectors are working to support healthy and resilient forests through the World Economic Forum’s 1t.org trillion tree...
AUKUS aims to perpetuate the Anglo-Saxon supremacy
On September 15, U.S. President Joe Biden worked with British Prime Minister Boris Johnson and Australian Prime Minister Scott Morrison...
A shift in militants’ strategy could shine a more positive light on failed US policy
A paradigm shift in jihadist thinking suggests that the US invasion of Afghanistan may prove to have achieved more than...
Ukraine’s EU-integration plan is not good for Europe
Late this summer, Estonia, in the person of its president, Kersti Kaljulaid, became the first EU country to declare that...
The AUKUS Alliance and “China’s Maritime Governance Strategy” in the Indo-Pacific
1) Announcing the (French-Indian alliance) to confront the (Australian-American alliance) for establishing a (new multilateral system), and the AUKUS alliance...
Europe tells Biden “no way” to Cold War with China
Amidst the first big transatlantic tensions for the Biden Administration, a new poll shows that the majority of Europeans see a...
Middle East4 days ago
Turkey’s Destruction of Cultural Heritage in Cyprus, Turkey, Artsakh
Southeast Asia3 days ago
Indonesian G20 presidency promises to put a ‘battle for the soul of Islam’ on the front burner
Defense3 days ago
American Weaponry in the Hands of the Taliban
Economy3 days ago
Synchronicity in Economic Policy amid the Pandemic
Environment4 days ago
Act now to slow climate change and protect the planet
Defense2 days ago
Presidential Irrationality and Wrongdoing in US Nuclear Command Authority
Finance3 days ago
Deloitte reports FY2021 revenue
Southeast Asia2 days ago
The Anandamahidol Foundation and the Legacy of Rama the Ninth of Thailand