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    Speech at the Session on New Challenges and Solutions for the World’s Sustainable Development
    (World Bank, Washington, DC, 2017-09-12) Kim, Jim Yong
    Jim Yong Kim, President of the World Bank Group (WBG), spoke about how the global economy as a whole is in a period of strengthening growth, and this momentum in growth is driven by global manufacturing activity and trade, broadly stable financing conditions, and stabilized commodity prices. Escalating trade protectionism in major economies threatens to derail the rebound in global trade. He explained the severe consequences, especially for emerging markets and developing economies (EMDEs) that rely on trade for growth and development. He insisted on the need to maximize financing for development by leveraging the private sector and optimizing the use of scarce public resources. He spoke about the development of the joint principles for crowding in private sector finance. Crowding in private finance should free up public funds to invest more in people. He concluded by saying that WBG can make the global market system work for everyone through sustainable development, including inclusive economic growth, investing in people, and building resilience to shocks and threats.
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    Remarks at Press Conference, Accra, Ghana, October 16, 2015
    ( 2015-10-16) Kim, Jim Yong
    This is the transcript of the remarks delivered by Jim Yong Kim, President of the World Bank Group at a press conference in Accra, Ghana. He discusses on the two goals, to end extreme poverty by 2030 and to boost shared prosperity to the bottom 40 percent in developing countries. He talks about improving the productivity of agriculture and making sure that every industry, every person in Africa has access to energy to end extreme poverty. He talks about the importance of investing in the health and education of people for future economic growth in developing countries. He commended Ghana on its structural transformation, shift out of a solely agricultural-focused economy and in one in which non-agricultural self-employment and, to a lesser degree, wage jobs have also become part of the economy. He concludes by talking about taking action on improved and fair, more just, more efficient tax systems and stopping illicit financial flows, in order to benefit the development of the country.
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    Inclusive and Sustainable Industrialization in the Future Global Development Agenda
    ( 2015-07-14) Kim, Jim Yong
    Remarks delivered by Jim Yong Kim, President of the World Bank Group discuss the critical role of inclusive and sustainable industrialization in the future global development agenda, including to end extreme poverty by 2030. He speaks about working with UNIDO and the government of Ethiopia to ensure that new industrial parks make use of recycled water and renewable resources, develop green areas, and reflect upgraded environment standards and environmental inspection systems. The World Bank Group is looking for opportunities to work closely with UNIDO on industrial zones in Senegal.
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    Scaling Up Finance for Sustainable Energy Investments
    ( 2015-07-13) Kim, Jim Yong
    Remarks delivered by Jim Yong Kim, President of the World Bank Group, review the commitment to the U.N. Decade for Sustainable Energy for All. The initiative is a multi-stakeholder partnership working with governments, businesses, civil society, banks and international institutions to meet three interlinked goals by 2030: (i) ensuring energy access to more than 1 billion people living without electricity; (ii) doubling the share of renewable energy in the global energy mix; and (iii) doubling the rate of improvement in energy efficiency worldwide. These three goals are interlinked and vital for achieving the twin goals of ending extreme poverty by 2030 and boosting shared prosperity. He concludes saying that, we must now prove that we can make energy available to the hundreds of millions who need it and work together to end energy poverty in our lifetime.
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    Billions to Trillions: Ideas to Actions
    ( 2015-07-13) Kim, Jim Yong
    Remarks delivered by Jim Yong Kim, President of the World Bank Group, focus on moving from ideas to action for mobilizing trillions of dollars needed for development. He notes that with the end of the Millennium Development Goals and the introduction of the Sustainable Development Goals comes an opportunity to make important changes in how we approach development. He suggests exploring ways to use our shareholder capital, innovative financing solutions, knowledge, and convening power to catalyze and crowd-in trillions of public and private sector dollars. The flexibility of the MDB model, which allows us to leverage these investments through the development of innovative solutions to global challenges. To go from billions in official assistance to trillions in investments, we will have to push even further our willingness to collaborate through creative partnerships.
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    Remarks at Plenary Session, Third International Conference on Financing for Development, Addis Ababa, Ethiopia, July 13, 2015
    ( 2015-07-13) Kim, Jim Yong
    Remarks delivered by Jim Yong Kim, President of the World Bank Group, discuss building on Ethiopia’s legacy by presenting the world with a shared vision for substantially increasing funding for the world’s poor. He talks about the need to be bold, creative, form strong partnerships, and find new resources to meet our goals of reducing poverty in the world. He talks about how the funding we leverage means more children will be educated, more patients will be treated, and more vital services will be provided. He concludes that we are part of a growing global movement that is the first generation in humankind that can end extreme poverty.
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    Remarks at Opening Press Conference, World Bank/IMF Spring Meetings, Washington, DC, April 16, 2015
    ( 2015-04-16) Kim, Jim Yong
    Jim Yong Kim, President of the World Bank Group, discusses promoting strong economic growth in developing countries. He speaks about the need to invest in people, especially in education, health and to build social safety nets and protections against both natural disasters and pandemics to ensure that people don't remain trapped in extreme poverty. He talks about the challenges in trying to work in all kinds of complex political situations, so that whatever happens to be going on in the political sphere, we can continue to work to lift people out of poverty and boost shared prosperity. He talks about multilateralism that is always complicated and is always fraught with disagreements. He promises to continue to try to engage with governments to have that impact. He mentioned reports released about the Bank’s resettlement history. The transcript includes the Q&A session.
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    Ending Extreme Poverty by 2030: The Final Push
    ( 2015-04-07) Kim, Jim Yong
    Jim Yong Kim, President of the World Bank Group, discusses the twin goals of ending extreme poverty by 2030 and boosting prosperity among the poorest 40 percent in low and middle-income countries. The strategy is summed up in three words: grow, invest, and insure. He talks about the need to be creative and use all of the resources to leverage much-needed private sector investment to build infrastructure and create jobs. He promises that the World Bank Group will continue to support governments and make investments in a broad variety of areas in the fight against extreme poverty in developing countries. He talks about empowering women through education for mothers to have healthier children, and, when they have financial resources, they’re more likely to invest in the next generation. He talks about the most effective ways to encourage investment in the extreme poor and improve health and educational service delivery, is accountability. He concludes by saying that the governments must be more accountable to citizens, and work to reduce arbitrary treatment at the hands of security forces and the demand for bribes from poor people which will help to minimize the likelihood of violent conflict and eliminate a driver of poverty.
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    Sending a Signal from Paris: Transforming the Economy to Achieve Zero Net Emissions
    ( 2014-12-08) Kim, Jim Yong
    Jim Yong Kim, President of the World Bank Group, focuses on economic policy as the key to mobilizing a coordinated global response to climate change. He talks about the need to confront climate change, without which there will be no hope of ending poverty or boosting shared prosperity. He adds that the longer the delay in tackling climate change, the higher the cost will be to do the right thing for our planet and our children. He affirms that from the Paris meeting we will make the rallying cry for effective management of local, national and global economies to fight climate change. The Paris agreement needs to speak as loudly of economic transformation as it does of pollution or carbon emissions targets. Carbon pricing that can raise revenues and can be used to generate more economic and social benefits. Specific efforts are needed to scale up renewable energy and develop carbon capture and sequestration technology, at a pace that will allow us to reach carbon neutrality by the end of the century. He concludes by saying that he will drive the World Bank Group and all its capabilities--financial, technical, and human--to support this development transition toward the goal of preserving our planet for all future generations.
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    Remarks at the International Corruption Hunters Alliance Meeting, Washington, D.C., December 8, 2014
    ( 2014-12-08) Kim, Jim Yong
    Jim Yong Kim, President of the World Bank Group, discusses two goals: to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent of the Population. These efforts require us fight against corruption in its many forms. He talks about the need to be alert, respond immediately when things go wrong, learn from the experience, and assure it doesn’t happen again. He cautions about the lack of governance, which is a necessary condition for corruption to thrive. The challenge is to get the knowledge and tools to the right people at the right time, and to fully leverage opportunities for reform. World Bank, with support from Australia, Denmark and Norway, created the International Corruption Hunters Alliance to engage in what is happening at a multilateral level, to provide access to the latest anti-corruption tools and information, and to create the dialogue that drives our collective effort to beat corruption. He concludes by saying that the intersection with corruption and dirty money are undeniable, and the implications for sustainable, inclusive development are clear.