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El Banco Mundial ofrece su apoyo para responder al huracán Irma
WASHINGTON, 7 de septiembre de 2017 – El Presidente del Grupo Banco Mundial, Jim Yong Kim, realizó la siguiente declaración mientras el huracán Irma arrasaba con el Caribe oriental, continuando su trayectoria devastadora a través del mar Caribe: “Enviamos nuestra simpatía y solidaridad a los habitantes del Caribe oriental y a todos aquellos que todavía pueden verse afectados por el huracán Irma. Nos hemos comunicado con el gobierno de Antigua y Barbuda ofreciendo apoyo inmediato para evaluar los daños y pérdidas, responder al desastre y ayudar a comenzar la recuperación. Nuestro personal sobre el terreno, tanto en República Dominicana como Haití, ya está trabajando de manera estrecha con agencias nacionales y socios en el desarrollo para mejorar el nivel de preparación y brindar una respuesta oportuna. Es muy pronto aún para conocer el impacto total de la tormenta, dado que la situación todavía se está desarrollando. Sin embargo, desastres como estos nos recuerdan la necesidad de ayudar a los países a desarrollar su capacidad de resistir estos "shocks" cada vez más frecuentes”.Desde 1980, ocho países en el Caribe han sufrido un desastre natural con un impacto económico mayor al 50 por ciento de su PIB anual: Antigua y Barbuda, Dominica, Granada, Guyana, Haití, Jamaica, Santa Lucía y San Cristóbal y Nieves.Actualmente, el Banco Mundial apoya a los países caribeños en temas de gestión de riesgos ante desastres y adaptación al cambio climático con una cartera activa de inversiones de US$383 millones.Para conocer el trabajo del Banco Mundial en América Latina y el Caribe visite: www.bancomundial.org/alcVisítenos en Facebook: http://www.facebook.com/bancomundialManténgase informado via Twitter: http://www.twitter.com/BancoMundialLACNuestro canal de YouTube: https://www.youtube.com/user/alcregion2010/videos   
Declaración de la reunión de alto nivel sobre recuperación y resiliencia en el Caribe
Washington, 13 de octubre de 2017— Los líderes y representantes de los países y territorios de CARICOM y sus socios internacionales, incluidas las instituciones financieras internacionales y los representantes de los territorios en la región, se reunieron hoy en una mesa redonda de alto nivel sobre recuperación y resiliencia en el Caribe organizado por el Grupo Banco Mundial (GBM), como parte de las Reuniones Anuales del GBM-FMI. Durante la discusión, los participantes examinaron el impacto y la recuperación de los huracanes destructivos que afectaron al Caribe en septiembre, revisaron los instrumentos disponibles para la gestión y respuesta al riesgo de desastres y consideraron la necesidad de innovar más para abordar los desafíos a largo plazo y fortalecer la resiliencia de las islas afectadas. Los participantes expresaron solidaridad y apoyo a las islas y comunidades afectadas, y reafirmaron su compromiso de trabajar juntos para reconstruir mejor y de una manera más resistente, después de la devastación causada por los huracanes Irma y María. Destacaron la necesidad de garantizar la participación activa de las comunidades, especialmente de las mujeres, en el proceso de recuperación y reconstrucción, así como la importancia de establecer normas de construcción que mitiguen el impacto de futuros fenómenos meteorológicos extremos. Los participantes también señalaron la importancia de avanzar en la Hoja de ruta de los Estados pequeños del Banco Mundial, que propone diversas iniciativas para promover la capacidad de recuperación de los pequeños Estados. Los participantes destacaron la necesidad de una respuesta que involucre a todos los socios, incluidas las organizaciones regionales, los socios para el desarrollo, el sector privado, los gobiernos nacionales y la sociedad civil, para aprovechar las ventajas comparativas para aumentar la resiliencia ante los desastres en estados insulares pequeños altamente vulnerables, donde eventos climáticos extremos han agregado a sus actuales vulnerabilidades económicas. La contribución del sector privado también será crítica, ofreciendo tanto recursos como experiencia. Si bien la evaluación de las necesidades de daños y recuperación está en curso, las primeras estimaciones apuntan a impactos económicos, en infraestructura y en subsistencia extremadamente altos de los dos huracanes en muchas de las islas afectadas. Más de dos millones de personas se vieron afectadas, con un daño casi total en las zonas más afectadas. Los participantes reconocieron el compromiso de los socios internacionales para abordar las necesidades de recuperación y resiliencia a largo plazo, como lo demuestra la continua evolución del marco de gestión y respuesta del riesgo de desastres. Un marco que actualmente incluye herramientas para la reducción de riesgos, preparación, reconstrucción y recuperación, así como financiamiento y seguro de riesgos. Por ejemplo, después de los huracanes Irma y Maria, el CCRIF SPC (anteriormente el Mecanismo de Seguros Contra Riesgos de Catástrofes en el Caribe), pagó un total de USD48.6 millones a los miembros afectados para necesidades inmediatas de alivio y recuperación. Esto muestra que la colaboración global en finanzas y seguros de riesgo puede brindar apoyo financiero rápido y confiable específicamente para las poblaciones pobres y vulnerables. Las Instituciones Financieras Internacionales (IFI, por sus siglas en inglés) también reconocieron la necesidad de continuar fortaleciendo su marco y herramientas de preparación y resiliencia a crisis, incluyendo la exploración de oportunidades para la gestión de riesgos en varios países, tales como los Catastrophe Bonds (bonos CAT), y soluciones de seguros; al igual que la provisión de servicios de asesoramiento para los países del Caribe y territorios. Las IFI siguen comprometidas en garantizar que las respuestas y los enfoques posteriores a los desastres se ajusten a las necesidades específicas de los países para prepararse y mitigarse mejor el impacto de futuros desastres. Además de sus iniciativas existentes, como el programa de reducción de desastres del Grupo Banco Mundial, las facilidades crediticias rápidas del Fondo y las inversiones del Banco de Desarrollo del Caribe en infraestructura resistente al clima, se profundizará el trabajo de todas las instituciones con países en riesgo en el Caribe. para ayudar a construir bases macroeconómicas y fiscales más fuertes y una mayor resiliencia económica. Todos los participantes reconocieron la importancia de la colaboración mundial en recuperación, resiliencia, financiación de riesgos y seguros para las poblaciones pobres y vulnerables ante riesgos climáticos y de desastres y acordaron la importancia de continuar este debate crítico durante los próximos eventos de alto nivel en 2017.  
Statement on High Level Meeting on Recovery and Resilience in the Caribbean
Washington, October 13th, 2017-- Leaders and representatives of CARICOM countries and territories, and international partners, including the international financial institutions, and the representatives of territories in the region, convened today in a high-level round table on recovery and resilience in the Caribbean hosted by the World Bank Group (WBG), as part of the WBG-IMF Annual Meetings. During the discussion, participants examined the impact of and recovery from the destructive hurricanes that struck the Caribbean in September, reviewed the instruments available for disaster risk management and response, and considered the need to innovate further in order to address the long-term challenges and strengthen resilience of affected islands.    Participants expressed solidarity and support to the affected islands and communities, and reaffirmed their commitment to working together to build back better and in a more resilient way, following the devastation caused by hurricanes Irma and Maria. They highlighted the need to ensure active engagement of communities, especially women, in the recovery and reconstruction process, as well as the importance of putting in place building standards that will mitigate the impact of future extreme weather events. The participants also noted the importance of making progress on the World Bank’s Small States Roadmap which proposes various initiatives to promote resilience of small states. The participants highlighted the need for a response involving all partners, including regional organizations, development partners, private sector, national Governments and civil society, to leverage comparative advantages for building resilience to disasters in highly vulnerable small-island states, as extreme weather events have added to their existing economic vulnerabilities. The contribution of the private sector will also be critical, offering both resources and expertise. While the damage and recovery needs assessment is ongoing, early estimates point to extremely high economic, infrastructure and livelihood impacts of the two hurricanes across many of the affected islands. More than two million people were affected, with near total damage in the worst affected areas. The participants acknowledged the international partners’ commitment to addressing long-term recovery and resilience needs, as demonstrated by the continuous evolution of the available disaster risk management and response framework.  A framework that currently includes tools for risk reduction, preparedness, reconstruction and recovery, as well as risk finance and insurance. For example, in the aftermath of hurricanes Irma and Maria, the Caribbean Catastrophe Risk Insurance Facility (CCRIF), made payouts totaling US$48.6 million to affected members for immediate relief and recovery needs. This shows that global collaboration on risk finance and insurance can provide quick and reliable financial support specifically for poor and vulnerable populations. The International Finance Institutions (IFIs) also recognized need to continue enhancing their crisis preparedness and resilience framework and toolkit, including through exploring opportunities for multi-country risk management --such as Catastrophe Bonds (CAT bonds) and insurance solutions and extending advisory services across the Caribbean countries and Overseas Territories. The IFIs remain committed to ensuring that post-disaster responses and approaches are tailored to specific country needs to better prepare for and mitigate the impact of future disasters. In addition to their existing initiatives, such as the World Bank Group’s disaster reduction program, the Fund’s rapid credit facilities, and the Caribbean Development Bank’s investments in climate resilient infrastructure, the work of all institutions with at-risk countries in the Caribbean will be deepened to help build stronger macro-fiscal foundations and economic resilience.All participants acknowledged the importance of global collaboration on recovery, resilience, risk finance and insurance for poor and vulnerable populations in the face of climate and disaster risk and agreed on the importance of continuing this critical discussion including at upcoming high level events in 2017.
Banco Mundial designa nueva directora para el Caribe
WASHINGTON, 9 de febrero de 2017 – Tahseen Sayed Khan es la nueva directora para los países del Caribe, cargo en el que será responsable de mantener una sólida alianza con estos países, a fin de atender sus desafíos financieros y de desarrollo. “Es un honor para mí poder trabajar en el Caribe”, dijo Tahseen Sayed Khan. “Espero poder profundizar nuestra cooperación con los gobiernos, socios en el desarrollo, sociedad civil y el sector privado, con vistas a fomentar el crecimiento inclusivo y reducir la pobreza en el Caribe”. Tahseen, oriunda de Pakistán, se desempeñó anteriormente como gerente para Albania en la región de Europa y Asia central. Se unió al Banco en 1997 como especialista en el sector social de Asia meridional y desde entonces ha ocupado varios cargos, incluidos los de especialista principal en educación, asesora de operaciones y gerente del Banco Mundial para Nepal. Tahseen Sayed Khan posee amplios conocimientos de los programas con los países y un fuerte historial de servicio e innovación. Tiene una maestría en derecho y diplomacia con especialización en estudios de desarrollo de la Escuela de Derecho y Diplomacia de la Universidad Tufts en los EE.UU.
Remarks by World Bank LAC Vice President Jorge Familiar at 38th CARICOM Heads of Government Meeting
Your Excellencies, Prime Minister Mitchell,Heads of Government, CARICOM Secretary-General, CDB President, OECS Director General, and Partners,   ·        It is a privilege for me to join you today to discuss development finance opportunities for Small States and how the blue economy has become the next frontier for economic growth for the Caribbean, as well as other island and coastal countries. ·        To discuss this, I cannot think of a better setting than being in the beautiful spice island of Grenada. With its rich and pristine coastline and colorful reefs, and understanding of climate risks, Grenada is demonstrating its commitment to inclusive growth and enhancing investment in the Blue Economy. ·        Often when we meet to discuss development prospects for Caribbean countries, we devote significant attention to common challenges: small scale, high debt, exposure to external shocks, and dependency on fossil fuels.  ·        Today, I would like to focus more on hope and opportunity. Small economies are more open to trade and foreign investment. While they are highly specialized in their export sectors, they are also more nimble and able to change the structure of their economies and exports over time. ·        In fact, Caribbean countries have been more successful in reinventing themselves than some of the region’s giants. This region managed to find a niche in the highly competitive global industry after it lost its trade preference treatment with Europe in the 1980s. ·        Today, there is an opportunity for CARICOM countries to find new sources of growth by transitioning to a blue economy and to leverage new sources of financing. ·        There are a number of important questions that would be useful to reflect on today, but for this discussion I would like to focus on two: 1.     What is the blue economy and what opportunities it can offer for growth? 2.     How can the World Bank assist the CARICOM countries to leverage new sources of financing in their pursuit of inclusive and sustainable growth? New report: “Toward a Blue Economy: A promise for sustainable growth in the Caribbean” ·        Ocean assets and services are drivers of economic growth: The Caribbean Sea generated US$407 billion in gross revenue in 2012, equivalent to almost 18 percent of Caribbean GDP, including mainland Caribbean coastal countries. This comes from marine tourism, oil and gas, maritime shipping, fishing, etc. ·        Caribbean island and coastal states may be small in terms of population and land area, but large when it comes to marine area.  In fact, they are ‘Great Ocean States’.  For example, St. Lucia’s ocean area is over 7 times greater than its land area and for Grenada over 70 times greater. ·        Ocean Health = Ocean Wealth Harnessing marine resources while preserving the Caribbean Sea’s health, can help countries address key challenges such as high unemployment, low growth, food security, poverty and resilience to climate change. - 1.5 million people rely on fishing for their livelihood and fish for food security; - Reefs such as Belize Barrier Reefs reduce 75% of destructive capabilities from storm surges - Marine Tourism directly and indirectly supports two million direct and indirect jobs and generates over US$ 40 billion annually to Caribbean islands alone. ·        With a growing population, demand for seafood and aquaculture production will increase, shipping traffic and tourism will continue to grow, and new ocean industries will emerge. ·        If we look globally, ocean based industries such as fisheries, tourism, and shipping drive global trade, and annually contribute around 3 percent or $1.5 trillion in value added globally. ·        If “Thinking green” was the focus of the past decade, Small Island Developing States and Coastal Economies are now starting to “think blue”.  ·        This report identifies key priorities to generate blue growth, while ensuring that oceans and marine ecosystems are sustainably managed and used. ·        Already the impacts of overfishing, coastal development, pollution and climate change are being felt by coastal communities around the world: about 75 percent of the region’s coral reefs are considered to be at risk from human activity and 85 percent of wastewater enters the Caribbean Sea untreated. ·        Tourists come to the Caribbean region largely for its beautiful beaches and sea attractions, which puts tremendous pressure on the very coastal ecosystems that drive economies.  ·        A successful transition to a blue economy would mean that countries could better measure the region’s rich marine resources, better manage its ocean space, and ultimately achieve greater growth and prosperity from sound management of the ocean. Three recommendations are: 1) Identify, value and map ocean assets: This will allow countries to better manage their ocean wealth and develop smart policies to promote a healthy, resilient and productive marine environment: marine special plans like OECS countries are planning to do with our support. 2) Regional integration and cooperation is essential to drive economic growth from the Caribbean Sea: This is particularly important as many ocean assets are transboundary in nature (fisheries; shipping; minerals; oil and gas; biodiversity). The Eastern Caribbean Regional Ocean Policy is a good framework that can help countries pool resources and more effectively manage their ocean wealth. 3) Promoting private sector investments in blue economy: This means creating enabling conditions for private investment in ocean industries; building ‘blue green’ infrastructure (e.g. building a port using natural mangrove barriers); and supporting ocean MSMEs to generate ‘blue jobs’. ·        Your Excellencies, in our view, there has never been a better time than now for the coastal and island nations to invest in the transition to a blue economy.  I would like to congratulate many of you for the important steps that you are already taking. This brings me to the second question; how can the WBG leverage new sources of financing in support of growth? ·        In recent years, small states have taken a collective stand in international fora to highlight the development challenges they face and urge more attention to their concerns.   ·        In response, the World Bank Small States initiative, now chaired by Grenada, has developed a roadmap for World Bank Group Engagement with Small States which identifies priorities for engagement including: predictability of affordable financing; access to new and existing climate financing; and capacity building among others. ·        We are working with different partners in the region and across the globe to find ways to make these priorities become concrete actions. ·        For example, together with the Organization of the Eastern Caribbean States Commission, we have secured over $6 million in additional Global Environmental Facility grants to support the implementation of regional activities of the Eastern Caribbean Regional Oceans Policy (ECROP).  A comprehensive marine spatial plan is expected to be prepared and adopted under this program. The Caribbean states also require special financing to help them address common vulnerabilities. This means combining both public and private financing. 1.     In the context of small, open and highly volatile economies, continued efforts on fiscal consolidation and structural reforms are essential to free up greater public financing for growth. A few countries in the region have taken concrete measures that will allow them to save in good times so that they can respond fast when the need arises. Grenada has recently adopted a medium-term fiscal framework anchored on clear spending rules, While Saint Vincent and the Grenadines has established a contingent fund within the state budget that will be used exclusively to respond to disasters. 2.     Leveraging private finance in the face of increasing volatility is indeed challenging. The World Bank Group is addressing this by working on operationalizing a new approach to development financing. ·        We will be devoting more resources to help governments create the right conditions for boosting private investments in transport, connectivity, technology, as well as climate resilience. ·        We are also using concessional finance through the International Development Association (IDA) in innovative ways to mitigate risk, and blend finance to support private sector investment. This includes the new IDA 18 Private sector window, which will leverage $2.5 billion in IDA capital to mobilize at least $6-8 billion in private sector investments in the poorest and most fragile markets over the next three years. ·        In addition, under the three year IDA18 cycle, starting from July 1, US$630 million will be available to six eligible CARICOM countries: Dominica, Grenada, Guyana, Haiti, Saint Lucia, and Saint Vincent and the Grenadines. This is tripling of resources available under the IDA17 cycle providing a unique opportunity to earmark resources in support of regional and country priorities. ·        For the first time, IDA 18 also provides enhanced crisis response facilities and instruments that will be available to small states: The Catastrophe Deferred Drawdown Option (CAT-DDO) is a contingent financing line that until now was only offered to IBRD countries.  It provides immediate liquidity to countries after a catastrophe. ·        To build resilience, the Caribbean Catastrophe Risk Insurance Facility is another example of effective and attractive risk pooling mechanism able to mobilize emergency funds within the first two weeks of a disaster. Several countries, including Haiti, are members and have used this Facility. ·        In closing, I would like to reiterate the World Bank Group’s continued and deep commitment to work as your partners in support of country and regional priorities.   ·        At present, committed financing under World Bank assisted ongoing projects amounts to $1.5 billion in the region, out of which almost $1 billion is IDA concessional financing. This is complemented by analytic and knowledge support such as the Blue Economy report I discussed today. ·        Your Excellencies, this is a special time for CARICOM and its member-states to come together and join forces in the pursuit of stable growth, while leading the transition to a blue economy. ·        I look forward to an energizing and engaging discussion. ·        Thank you once again for inviting me to participate in this forum.    Read the report: Towards a Blue Economy
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La Banque mondiale vient en aide aux pays touchés par l’ouragan Irma
WASHINGTON, 7 septembre 2017 – Tandis que l’ouragan Irma ravageait les Caraïbes orientales et poursuivait sa trajectoire dévastatrice dans la mer des Antilles, le président du Groupe de la Banque mondiale, Jim Yong Kim, a fait la déclaration suivante : « Nous exprimons notre compassion et notre solidarité envers les habitants des Caraïbes orientales et tous ceux qui sont encore touchés par l’ouragan Irma. Nous avons contacté le gouvernement d’Antigua-et-Barbuda et nous lui avons offert un appui immédiat pour l’aider à évaluer les dommages et les pertes, faire face à la catastrophe et entreprendre les travaux de reconstruction. Sur le terrain, le personnel du Groupe de la Banque mondiale présent en Haïti et en République dominicaine collabore déjà étroitement avec les organismes nationaux et les partenaires de développement pour accroître les capacités opérationnelles et intervenir dans les meilleurs délais. Il est encore trop tôt pour mesurer le plein impact de la tempête, car celle-ci continue de faire rage. Quoi qu’il en soit, de telles catastrophes nous rappellent qu’il est nécessaire d’aider les pays à renforcer leur résilience contre des chocs qui se produisent de plus en plus fréquemment. » Depuis 1980, huit pays des Caraïbes ont été victimes de catastrophes naturelles dont l’impact économique a dépassé 50 % de leur PIB annuel : Antigua-et-Barbuda, la Dominique, la Grenade, le Guyana, Haïti, la Jamaïque, Sainte-Lucie et Saint-Kitts-et-Nevis.À l’heure actuelle, la Banque mondiale aide les pays des Caraïbes à gérer les risques de catastrophe et à s’adapter au changement climatique grâce à un portefeuille d’investissements en cours d’un montant de 383 millions de dollars.  Pour en savoir plus sur l'action du Groupe de la Banque mondiale en Haïti: banquemondiale.org/haitiSuivez-nous sur :Facebook : /banquemondialeTwitter: @banquemondialeYouTube : vidéos en français
World Bank Offers Support to Respond to Hurricane Irma
WASHINGTON, September 7, 2017 – World Bank Group President Jim Yong Kim made the following statement as Hurricane Irma ripped through the Eastern Caribbean and continued its devastating path across the Caribbean Sea: “Our sympathy and solidarity go to the people of the Eastern Caribbean and to all those who may still be affected by Hurricane Irma. We've reached out to the government of Antigua and Barbuda and offered immediate support to assess damages and loss, respond to the disaster and help begin recovery. Our staff on the ground in the Dominican Republic and Haiti are already working closely with the national agencies and development partners to improve preparedness and deliver a timely response. It's too early to know the full impact of the storm as the events are still unfolding. However, disasters like this remind us of the need to help countries build greater resilience against ever-more frequent shocks”. Since 1980, eight countries in the Caribbean experienced a disaster event with an economic impact of over 50 percent of their annual GDP: Antigua and Barbuda, Dominica, Grenada, Guyana, Haiti, Jamaica, Saint Lucia and Saint Kitts and Nevis.The World Bank is currently supporting Caribbean countries on disaster risk management and climate change adaptation with an active investment portfolio of US$383 million.  Learn more about the work of the World Bank in Latin America and the Caribbean: www.worldbank.org/lacVisit us on Facebook: http://www.facebook.com/worldbankBe updated via:Twitter: @WBCaribbeanYouTube: http://www.youtube.com/worldbank  
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