[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110383-en":3,"doc-seo-110383-105":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":4,"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},110383,137441390410,"Hazel","https://ap-avatar.wpscdn.com/avatar/2000252f4ab5702993?_k=1776741390130283984",8,"Research & Report","Statement by James Cleverly and Kwasi Kwarteng at the 106th Meeting of the Development Committee - October 14, 2022","Statement presented for the 106th Meeting of the Development Committee, focusing on urgent global development challenges amid post-Covid uncertainty and escalating food and energy insecurity. The speakers highlight rising extreme poverty and mounting debt risks for developing countries, and call for fast disbursement and resilience building under the World Bank Group Global Crisis Response Framework. The statement condemns Russia’s actions toward Ukraine, outlines UK support for Ukraine, and urges international action to prevent worsening hunger crises and strengthen food security and fertiliser access through coordinated global initiatives.","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 SIXTH MEETING WASHINGTON, DC – OCTOBER 14, 2022  \nDC/S/2022-0059 October 14, 2022  \nStatement by  \nRt. Hon. James Cleverly, MP Secretary of State for the Foreign, Commonwealth and  \nDevelopment Office  \nand  \nRt. Hon. Kwasi Kwarteng, MP Chancellor of the Exchequer  \nUnited Kingdom of Great Britain and Northern Ireland  \nStatement by  \nRt. Hon. James Cleverly, MP  \nSecretary of State for the Foreign, Commonwealth and  \nDevelopment Office  \nand  \nRt. Hon. Kwasi Kwarteng, MP  \nChancellor of the Exchequer  \nUnited Kingdom of Great Britain  \nand Northern Ireland  \n106th Meeting of the Development Committee  \nOctober 14, 2022  \nWashington, DC  \nThe Annual Meetings take place at a time of global turbulence. This is a more uncertain world, still in the aftermath of Covid and facing compounding global economic, food and energy insecurity. The challenges are immense and require urgent collective action. As the World Bank Group’s (WBG) recent ‘Correcting Course’ poverty report shows, extreme poverty is rising for the first time in two decades, with a disproportionate impact on the poorest, particularly women and children. The food and energy crisis – compounded by Russia’s illegal, unprovoked and brutal invasion of Ukraine – is causing substantial further damage to developing countries already facing significant stress, risking deeper and longer poverty reversals. Many developing countries face weakened fiscal positions and the prospect of slow recoveries, further adding to already high debt burdens. Meanwhile, climate devastation is intensifying, continuing to leave the poorest and most vulnerable at greatest risk.  \nIn these exceptionally challenging circumstances, the $170bn of financing being provided under the WBG’s Global Crisis Response Framework (GCRF) is welcome. We urge the WBG to disburse quickly to those most in need now and build resilience so countries can withstand future shocks. We look forward to the WBG’s monthly monitoring reports on the GCRF’s implementation and impact.  \nWe condemn in the strongest possible terms the catastrophic aggression of the Russian Federation. The UK will never recognise the result of any sham referenda or Russian attempts to illegally annex Ukraine’s territory. As the UN Secretary-General has made clear, Russia’s attempt to annex four regions of Ukraine is a serious breach of the UN Charter, and the principles of sovereignty and territorial integrity. These principles are part of the bedrock on which the international system is built and it is vital that we come together to uphold them. The sham referenda and illegal annexations violate the principle of non-intervention and are a serious violation of Ukraine’s sovereignty. They will make it much harder to achieve the peace which both our countries want and will prolong the conflict, with all its broad and significant global impacts.  \nMoreover, Russia must pay for the immense damage that its unprovoked, premeditated and barbaric assault on Ukraine has caused. We welcome the WBG’s leadership in standing with Ukraine and providing substantial financial and advisory support. UK total economic and humanitarian support to Ukraine now stands at more than $1.8bn, including offering nearly $1.5bnin guarantees to extend WBG lending to sustain the provision of core public services; a $50m  \nguarantee for an EBRD loan to Ukrenergo, Ukraine’s state-owned energy provider, for the continued provision of electricity to its citizens; and £74m grant in direct budgetary support, channelled through the World Bank’s Multi-Donor Trust Fund.  \nIt is shocking that, according to the World Food Programme, 47m people may join the existing 276m people that were already experiencing acute hunger in 2021. The situation across ","cbCaijpUGPOu693l","https://ap.wps.com/l/cbCaijpUGPOu693l","pdf",149890,1,5,"English","en",105,"# Statement by James Cleverly and Kwasi Kwarteng\n## Global crisis response and financing\n## Ukraine, sovereignty, and UK support\n## Hunger, humanitarian needs, and food security","[{\"question\":\"What is the main focus of the statement at the Development Committee meeting?\",\"answer\":\"The statement focuses on urgent responses to global economic, food, and energy insecurity, including how the World Bank Group should implement crisis financing and strengthen resilience.\"},{\"question\":\"How do the speakers describe the humanitarian and hunger situation?\",\"answer\":\"They cite alarming projections for acute hunger and emphasize the need for immediate international action, particularly in the Sahel and the Horn of Africa.\"},{\"question\":\"What measures do the speakers call for to address global food security?\",\"answer\":\"They support coordinated efforts to 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