Most of development assistance today is delivered through input finance with no guarantee of successful achievement of results. Now imagine that a government could commission for increased employability among a targeted population, narrowed learning gap between boys and girls, more affordable housing in urban settings, or increased connectivity to economic opportunities.
GPRBA's first project in the solid waste management sector was for the benefit of residents in the Bethlehem and Hebron governorates in the southern West Bank; components of this project included consruction of the Al-Minya Sanitary Landfill and the closing of dozens of illegal dumpsite, establishment of recycling facilities, and jobs training for waste pickers.
The ongoing refugee crisis in the Middle East is placing increased pressure on the region's environment and municipal services. capacity.
This IFC-produced video describes the pioneering solid waste management project for the Bethlehem and Hebron Governorates, and recognizes GPRBA's (ex-GPOBA) role in bringing the project to fruition.
By Jessica Lopez -- The first time I traveled to Uganda, in October 2016, I met a young mother whose strength and resilience I still think about today; an important reminder of why and for whom I work as an international development professional.
Try to imagine a well-functioning economy without having secure land tenure and property rights established. Would investors and service providers enter such a risky environment? Would banks be wary of offering and lending? Could conventional commerce or business transactions even operate optimally?
A new education funding project using social impact bonds (SIBs) seeks to help increase the number of children ages 3-7 enrolled in preschools in disadvantaged urban areas across Uzbekistan. The planned program is made possible through a $4.85 million grant provided by the World Bank’s Global Partnership for Results-Based Approaches (GPRBA).
In the West Bank and Gaza, decades of conflict had led to underinvestment in solid-waste management. Hebron and Bethlehem, the poorest governorates in the West Bank and home to nearly one million people, generated 20 percent of the area’s total solid waste. In 2009, 500 tons of waste produced daily were disposed of in unsanitary dumps, illegally abandoned, or burned.
This paper outlines the potential contributions of impact bonds to the World Bank Group’s Maximizing Finance for Development (MFD) approach. The MFD approach is in part a response by the World Bank Group to the 2030 Sustainable Development Agenda.