[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111312-en":3,"doc-seo-111312-105":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},111312,4810365810221,"Aurora","https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d",8,"Research & Report","Statement by H.E. Svenja Schulze - 109th Meeting of the Development Committee - April 19, 2024","Statement by H.E. Svenja Schulze for the 109th meeting of the Development Committee on April 19, 2024 in Washington, DC. The statement supports the World Bank Group’s new vision as a transformation bank, emphasizes progress since the 2023 Annual Meetings, and highlights roles in Ukraine recovery and broader global crises. It addresses humanitarian needs in the Middle East, the importance of the World Bank’s Scorecard and financial incentive framework, and Germany’s hybrid capital commitment to scale investments.","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 NINTH MEETINGWASHINGTON,DC-APRIL19,2024  \nDC/S/2024-0003  \nApril 19,2024  \nStatement by  \nH.E.Svenja SchulzeFederal Minister for Economic Cooperation and Development  \nGermany  \n# Statement by\n\nH.E.Svenja SchulzeFederal Minister for Economic Cooperation and Development  \nGermany  \n109th Meeting of the Development Committee  \nApril 19,2024  \nWashington,DC  \n1.   With its new vision and mission,the World Bank Group has set itself on course to become a truetransformation bank.Together,we have adjusted the Bank's development paradigm in line with the needsof our times,focusing it on sustainable,just and resilient prosperity.Reducing poverty,hunger andinequality and protecting important global public goods such as climate,biodiversity,pandemicpreparedness,and peace and security are two sides of the same coin.Since the 2023 Annual Meetings inMarrakech,the World Bank has made significant progress on its efforts to firmly establish the new visionand mission in its operations.I want to thank the Bank's management under Ajay Banga for theiroutstanding work.It is impressive to see how broad and deep the reform efforts undertaken to date havebeen.They will shape the Bank's work over the coming years.The World Bank has never been better ableto provide support worldwide to a socially just,environmentally sustainable and ambitious transformation.  \n2.    The World Bank Group is also doing valuable work with regard to helping Ukraine deal with theimpact of Russia's war of aggression.Russia is engaged in an inhuman,totally unjustified effort to destroya sovereign state.The negative impact of the war can be felt,above all,in Ukraine,but also worldwide.Iwelcome the fact that the World Bank is responding to this criminal war of aggression and that it will alsobe making a significant contribution at the upcoming Ukraine Recovery Conference,which Germany willhost in Berlin together with Ukraine.In this way,the World Bank Group is helping to cushion the globalimpact of Russia's war of aggression,for instance with regard to access to food and affordable energy.  \n3.Simultaneously,we are witnessing a humanitarian disaster in the Middle East.Israel has the rightto defend itself from the abominable acts of terror committed by Hamas.However,too many innocentcivilians have already paid a cruel price for the acts of Hamas.Aid must urgently reach those who have losteverything.We cannot sit back and allow hunger and disease to continue to take their toll.In the longerterm,the World Bank is an important partner for reconstruction in Gaza and for achieving the vision ofPalestinian Prime Minister-designate Mustafa for economic development in the Palestinian territories.Iamworking to ensure that people in the region are given the prospect of a better future.I continue to firmlybelieve that this will only be feasible in two states for two nations.  \n# 4.   Through the new World Bank Group Scorecard,the Group has adopted an ambitious set of goals.The Scorecard defines the course and pace of the process of turning the Bank into a transformation bank.In the negotiations for the Scorecard,we managed to measure progress on meeting global challenges withexternalities and make that progress visible-both on ending poverty and on creating a livable planet.Iexpressly welcome that the new Scorecard gives a prominent role,through a separate indicator,to thereduction of inequality.The World Bank Group has also decided-quite rightly,in my view-to give acentral role to biodiversity conservation in its new set of goals.Now it is vital to further finetune theScorecard and actively put it into operation.I call on the World Bank to link the Scorecard goals withincentives for staff in order to align the Bank's operations even more closely with ","cbCaiq4HoPr7VUu2","https://ap.wps.com/l/cbCaiq4HoPr7VUu2","pdf",381657,1,4,"English","en",105,"# Statement by H.E. Svenja Schulze\n## New vision and mission of the World Bank Group\n## Response to the war in Ukraine\n## Humanitarian situation in the Middle East\n## World Bank Group Scorecard goals and incentives\n## Global Solutions Accelerator Platform and IDA replenishment","[{\"question\":\"What transformation priorities does the World Bank Group adopt in this statement?\",\"answer\":\"It frames the World Bank Group as a transformation bank focused on sustainable, just, and resilient prosperity, including poverty and inequality reduction and protection of global public goods such as climate and biodiversity.\"},{\"question\":\"How does the statement describe the World Bank’s role regarding Ukraine?\",\"answer\":\"It welcomes the World Bank’s response to Russia’s war of aggression and notes planned contributions to support recovery efforts, including at the Ukraine Recovery Conference in Berlin.\"},{\"question\":\"What mechanisms are emphasized for implementing the new World Bank vision?\",\"answer\":\"The statement highlights the World Bank Group Scorecard, incentives for staff, and the Framework for Financial Incentives with the Global Solutions Accelerator Platform, alongside strategically ambitious IDA 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