[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109858-en":3,"doc-seo-109858-105":30,"detail-sidebar-cat-0-en-105":91},{"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":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":11},109858,962075114101,"Seraphina","https://ap-avatar.wpscdn.com/avatar/e000253a75eb197efd?x-image-process=image/resize,m_fixed,w_180,h_180&k=1780044092746381165",8,"Research & Report","Gerd Müller - Statement by H.E. Gerd Müller at the 101st Meeting of the Development Committee - April 17, 2020","Statement by H.E. Gerd Müller at the 101st Meeting of the Development Committee (virtual) on April 17, 2020. The speech frames the COVID-19 pandemic as a humanitarian and economic crisis requiring global solidarity. It highlights World Bank and IMF actions, including fast-track health support and large-scale lending, and emphasizes liquidity protection for the poorest countries. The statement links pandemic recovery to 2030 Agenda and the Paris Agreement, arguing for investment in sustainable energy and global public goods, alongside calls for coordinated debt action and transparency.","Public Disclosure Authorized Public Disclosure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committee  \nof the  \nBoards of Governors ofthe Bank and the Fund  \non the  \nTransfer of Real Resources to Developing Countries)  \nONE HUNDRED AND ONE MEETING  \nWASHINGTON, DC – APRIL 17, 2020  \n(VIRTUAL)  \nDC/S/2020-0025 April 17, 2020  \nStatement by  \nH.E Gerd Müller  \nFederal Minister for Economic Cooperation and Development  \nGermany  \nStatement by  \nH.E. Gerd Müller  \nFederal Minister for Economic Cooperation and Development  \nGermany  \n101st Meeting of the Development Committee  \nApril 17, 2020  \nWashington, DC  \n(VIRTUAL)  \nThe COVID-19 pandemic has the world in suspense. Global solidarity and cooperation is needed now in order to combat the pandemic as well as to react to the economic consequences. The World Bank and the IMF have already set strong signals in this regard. The pandemic will not only have humanitarian consequences but will also have a dramatic impact in economic and financial terms. Many global supply chains are in danger of collapsing, for example in the textiles sector. Capital flows are being diverted, currencies are being devalued. A crisis scenario is emerging, that is hitting states hard on different levels. The result will be hunger, hardship and suffering with millions of people becoming unemployed, many of them without any social safety net.  \nI very much support the rapid, decisive response of the World Bank. By rolling out a 14 billion US dollar fast-track facility at short notice the bank is making an important contribution to help meet the most urgent needs in the health sector and to contain the pandemic.  \nThe bank is sending a message of hope and optimism to markets and economies by announcing that it will make available loans of up to 350 billion US dollars from now until 2023. We can see that it was a wise decision to strengthen the institutions of the World Bank Group over the last few years, in terms of both expertise and financing. The contribution that the World Bank Group is making in response to the pandemic is evidence that – together with the United Nations and the International Monetary Fund – it is a vital pillar of the global crisis architecture. And in this context, I would like to thank Kristalina Georgieva and David Malpass for addressing comprehensively and at an early stage the liquidity issue of the poorest countries.  \nThe crisis shows us that global challenges can only be mastered in a joint effort. The pandemic and the crisis it is triggering, know no borders. The world's poorest countries are hit hardest. It is obvious that assisting the more vulnerable countries in dealing with this threat is in the interest of the entire international community. Only if the disease is contained everywhere in the world will we be able to prevent further global waves of infections and cope with the economic and social consequences.  \nDespite the current situation we must not forget the impact of climate change. It is another, if not the central challenge for humankind. The effects of climate change, too, can hit everyone-as has been evident from recent storms, droughts and floods. Human interventions in nature, the loss of biodiversity, extreme weather events – all the risks that arise from these things are mutually reinforcing.  \nIt is one of the most important tasks of the World Bank Group to ensure that the enormous efforts that are needed now to address the consequences of the pandemic are designed in such a way as to foster the goals of the 2030 Agenda and the Paris Agreement In particular, we must not fail to seize the opportunity for transforming the energy sector and attaining sustainable structural change with huge potential for creating long-term jobs and income. By providing relevant advice, reform financing and investment, the World Bank  \nGroup has the chance to help its clients, in the long term, to emerge from the COVID-19 crisis stronger than before.  \nThere can be n","cbCaievSVcVI7CCI","https://ap.wps.com/l/cbCaievSVcVI7CCI","pdf",44383,5,1,3,"English","en",105,"# Opening context: COVID-19 and global solidarity\n## Health response and economic consequences\n# World Bank support and crisis architecture\n## Lending, institutional strengthening, and liquidity for poorest countries\n# Climate change and the 2030 Agenda - Paris Agreement\n## Transforming energy and supporting long-term jobs\n# Global public goods, IDA approaches, and debt action","[{\"question\":\"Why does the statement emphasize global solidarity and cooperation?\",\"answer\":\"It argues the pandemic and resulting economic crisis have no borders and require coordinated action, especially for the most vulnerable and poorest countries.\"},{\"question\":\"What key measures does it credit to the World Bank in response to COVID-19?\",\"answer\":\"It supports the rapid response, including a 14 billion US dollar fast-track facility for urgent health needs, and the announcement of loans up to 350 billion US dollars through 2023.\"},{\"question\":\"How does the statement connect pandemic recovery with long-term climate and development goals?\",\"answer\":\"It stresses designing pandemic response to foster the 2030 Agenda and the Paris Agreement, including transforming the energy sector and investing in sustainable structural change and global public goods.\"}]","Gerd Müller - Statement by H.E. 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