[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111684-en":3,"doc-seo-111684-105":29,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},111684,1374391975076,"Riley","https://ap-avatar.wpscdn.com/avatar/14000253ca4ec9f6853?x-image-process=image/resize,m_fixed,w_180,h_180&k=1783305029341752051",8,"Research & Report","108thMeeting of the Development Committee - Statement","Statement at the Development Committee’s 108th meeting in Marrakech, Morocco, on October 12, 2023, covering humanitarian and geopolitical challenges and the urgency of strengthening the international financial system. The speakers express condolences after a devastating earthquake and catastrophic floods, cite the impacts of disasters worldwide, and reaffirm support for Israel and Ukraine. They outline World Bank priorities on crisis response, food security, climate finance, adaptation, biodiversity, Loss and Damage, and broader reform commitments toward the Sustainable Development Goals.","Public Disclosure Authorized  \nPublic Disclosure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committeeof the  \nBoards of Governors of the Bank and the Fundon theTransfer of Real Resources to Developing Countries)  \nONE HUNDRED AND EIGHTH MEETINGMARRAKECH,MOROCCO-OCTOBER 12,2023  \nDC/S/2023-0059  \nOctober 12,2023  \nStatement by  \nRt.Hon.Andrew Mitchell,MPMinister of State for Development and Africa  \nand  \nRt.Hon.Jeremy Hunt,MPChancellor of the Exchequer  \nUnited Kingdom of Great Britainand Northern Ireland  \nStatement by  \nRt.Hon.Andrew Mitchell,MPMinister of State for Development and Africa  \nand  \nRt.Hon.Jeremy Hunt,MPChancellor of the Exchequer  \nUnited Kingdom of Great Britainand Northern Ireland  \n# 108thMeeting of the Development Committee\n\nOctober 12,2023Marrakech,Morocco  \nAs we come together in Marrakech,millions of people in Morocco and Libya continue to struggle with theaftermath of a devastating earthquake and catastrophic flood.We wish to extend the deepest condolencesof the British people to all those affected.The UK's search and rescue teams have been deployed inMorocco and we have increased our humanitarian support in Libya.  \nThese events demonstrate all too well the challenges that the world is facing.A world ofincreasing disastersand shocks.With the flooding in Pakistan,earthquake in Türkiye and Syria,drought in Argentina andCyclone Freddy,all in recent memory.Many countries continue to deal with lasting effects of Covid.  \nWe also must acknowledge the deadly attacks by Hamas against Israel.The UK will stand with Israelunequivocally against these acts of terror.  \nFor a year and a half,Ukraine has suffered the terrible consequences of Russia's brutal and illegal invasion.We must never forget that human cost.The consequences of the war are widespread,and countries acrossthe globe continue to grapple with its negative impacts on food and energy security,supply chains,inflationand growth -which we know hurt the poorest and vulnerable most.At the UK hosted Ukraine RecoveryConference in June,international partners came together,with the UK announcing a further $3bn ofguarantees to support World Bank lending to Ukraine,and important partnerships between the IFC andBritish International Investment (BII)to support economic resilience.  \nWe also meet just after the midway point in our collective pursuit of the Sustainable Development Goals.It is clear that we are off track,with progress on extreme poverty stalling.At UNGA,we heard anger andresignation from developing and emerging economies that the international financial system is still notdoing enough-it must urgently become better,bigger and fairer.Ahead of the publication of the UK'sWhite Paper on Development,these meetings are an important moment for the UK to listen to what ourpartners need the most.  \nWe welcome Ajay Banga to his role as President of the World Bank.We would like to personally thankhim and the entire Bank staff for their efforts to respond to very difficult operating environments aroundthe world.The UK and other shareholders supported the ramping up of Bank efforts under the Global CrisisResponse Framework,especially to help tackle the food insecurity we saw in the aftermath of Russia'sinvasion.The GCRF showed the Bank could respond quickly in the face of multiple crises,and we lookforward to the Bank setting out further plans at the UK-hosted Food Security Summit next month.  \nWe also recognize the important achievements made this year,particularly the record commitments ofnearly $73bn across the World Bank in FY23.The Bank also delivered $39bn of climate finance -its  \nhighest ever-reaching 41%compared to the 35%target set for FY21-FY25.More broadly,we welcomethe strong representation of climate and nature in the new Global Challenge Programmes,theimplementation of Paris Alignment from July,and the roll out of 25 Country Climate and DevelopmentReports.We look forward to seeing a stronger offer on adaptation from IFC and MIGA,as we","cbCaivPvJuICN43b","https://ap.wps.com/l/cbCaivPvJuICN43b","pdf",437833,1,4,"English","en",105,"# 108th Meeting of the Development Committee\n## Condolences and global humanitarian challenges\n## International system, Ukraine, and recovery efforts\n## World Bank achievements and next priorities\n## Reforms, financing needs, and IDA resourcing","[{\"question\":\"What is the purpose of this statement at the 108th Development Committee meeting?\",\"answer\":\"It sets out the UK ministers’ assessment of global crises and the Development Committee’s priorities, including World Bank direction on disaster response, development goals, and reforms.\"},{\"question\":\"Which recent disasters and conflicts are referenced?\",\"answer\":\"The statement mentions the earthquake and catastrophic flooding in Morocco and Libya, flooding in Pakistan, earthquakes in Türkiye and Syria, drought in Argentina, Cyclone Freddy, attacks by Hamas against Israel, and Russia’s invasion of Ukraine.\"},{\"question\":\"What key World Bank actions and targets does the statement highlight?\",\"answer\":\"It highlights crisis response efforts under the Global Crisis Response Framework, record FY23 commitments and climate finance, progress on Paris alignment and country climate reports, and the intention to advance adaptation, biodiversity, and Loss and Damage 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is the purpose of this statement at the 108th Development Committee meeting?","Question",{"text":74,"@type":75},"It sets out the UK ministers’ assessment of global crises and the Development Committee’s priorities, including World Bank direction on disaster response, development goals, and reforms.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"Which recent disasters and conflicts are referenced?",{"text":79,"@type":75},"The statement mentions the earthquake and catastrophic flooding in Morocco and Libya, flooding in Pakistan, earthquakes in Türkiye and Syria, drought in Argentina, Cyclone Freddy, attacks by Hamas against Israel, and Russia’s invasion of Ukraine.",{"name":81,"@type":72,"acceptedAnswer":82},"What key World Bank actions and targets does the statement highlight?",{"text":83,"@type":75},"It highlights crisis response efforts under the Global Crisis Response Framework, record FY23 commitments and climate finance, progress on Paris alignment and country climate 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