Publication:
The Knowledge Compact for Action: Transforming Ideas Into Development Impact - For a World Free of Poverty on a Livable Planet

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dc.contributor.authorWorld Bank
dc.date.accessioned2024-05-07T17:49:18Z
dc.date.available2024-05-07T17:49:18Z
dc.date.issued2024-05-07
dc.description.abstractToday’s global challenges are bigger, more complex, and more intertwined than ever before, from the relentless grip of poverty and stubborn persistence of inequality to the devastations caused by climate disasters, fragility, pandemics, and conflicts. Financing and investments alone cannot solve these problems in a global context of higher debt and scarce resources. Now more than ever, clients are demanding innovative ideas and successful experiences from other countries to tackle the ongoing and emerging global crises, regain the development progress of past decades and move faster towards achieving the Sustainable Development Goals. At the same time, recent breakthroughs in technology, including the rapid advances in artificial intelligence, offer enormous potential to revolutionize development work. Policymakers and practitioners across the globe are poised to benefit from new tools to innovate, act based on evidence and accelerate the transformation of new ideas into development outcomes that improve lives of the poor. This paper articulates the strategic direction of the Knowledge Compact for Action, which seeks to empower all WBG clients, public and private, by systematically making the latest development knowledge available to respond more effectively to increasingly complex development challenges. The Compact seizes the opportunity of the digital revolution, bringing together the wealth of data analytics, research and best practices accumulated by the WBG over decades and combining this knowledge with the WBG’s proven mix of public-private finance to power learning and innovative solutions. This includes capturing the tacit knowledge embedded in operations for policymakers and development practitioners to easily access lessons of development successes and failures in other countries. Ultimately, the Compact aims to take knowledge to a new level, placing it front and center of the WBG’s work to end extreme poverty and boost shared prosperity on a livable planet.en
dc.identifierhttp://documents.worldbank.org/curated/en/099041624093521233/BOSIB1f2e1cecb0ec184f314869b151f59d
dc.identifier.doi10.1596/41516
dc.identifier.urihttps://hdl.handle.net/10986/41516
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectNO POVERTY
dc.subjectSDG 1
dc.subjectTECHNOLOGY AND INNOVATION
dc.subjectINDUSTRY, INNOVATION AND INFRASTRUCTURE
dc.subjectSDG 9
dc.subjectSUSTAINABLE DEVELOPMENT GOALS
dc.subjectPARTNERSHIP FOR THE GOALS
dc.subjectSDG 17
dc.titleThe Knowledge Compact for Actionen
dc.title.subtitleTransforming Ideas Into Development Impact - For a World Free of Poverty on a Livable Planeten
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleThe Knowledge Compact for Action: Transforming Ideas Into Development Impact - For a World Free of Poverty on a Livable Planet
okr.date.disclosure2024-05-07
okr.date.lastmodified2024-04-16T00:00:00Zen
okr.doctypeReport
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099041624093521233/BOSIB1f2e1cecb0ec184f314869b151f59d
okr.guid099041624093521233
okr.identifier.docmidBOSIB-f2e1cecb-60c4-42ec-84f3-4869b151f59d
okr.identifier.doihttps://doi.org/10.1596/41516
okr.identifier.externaldocumentum34302363
okr.identifier.internaldocumentum34302363
okr.identifier.report189265
okr.import.id4093
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099041624093521233/pdf/BOSIB1f2e1cecb0ec184f314869b151f59d.pdfen
okr.region.geographicalWorld
okr.topicPoverty Reduction::Poverty Reduction Strategies
okr.topicPoverty Reduction::Inequality
okr.topicHealth, Nutrition and Population::Communicable Diseases
okr.topicEnvironment::Climate Change Impacts
okr.topicInformation and Communication Technologies::ICT Applications
okr.topicPoverty Reduction::Poverty Monitoring & Analysis
okr.topicGovernance::International Governmental Organizations
okr.unitPolicy and Operations (SECPO)
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