Publication:
Financing Sustainable Development: Ideas for Action 2017

Loading...
Thumbnail Image
Files in English
English PDF (4.59 MB)
1,564 downloads
English Text (192.02 KB)
245 downloads
Published
2017-10
ISSN
Date
2017-10-04
Abstract
This report presents the results of the 2017 Ideas for Action (I4A) initiative, a youth competition on financing for development that was jointly organized by the World Bank Group and the Zicklin Center for Business Ethics Research at the Wharton School of the University of Pennsylvania. This is the third year of the competition, and the 2017 winners were selected from among 743 proposals from 118 countries. Today’s youth have the most at stake in achieving the 2030 Agenda for Sustainable Development, and its associated Sustainable Development Goals (SDGs). The world’s youth will implement this global agenda, contributing their unique solutions and shaping their future and ours. The I4A competition encourages young people from around the world to develop and share their ideas for innovative approaches, through the smart use of technology, as well as financing solutions, to solve development challenges. The winners were selected through a vigorous three-stage selection process evaluating the creativity, significance, feasibility, and clarity of the proposals.
Link to Data Set
Citation
Mohieldin, Mahmoud; Petkoski, Djordjija. Mohieldin, Mahmoud; Petkoski, Djordjija, editors. 2017. Financing Sustainable Development: Ideas for Action 2017. © World Bank. http://hdl.handle.net/10986/28445 License: CC BY 3.0 IGO.
Associated URLs
Associated content
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections

Related items

Showing items related by metadata.

  • Publication
    Financing Sustainable Development
    (World Bank, Washington, DC, 2015-09-02) Mohieldin, Mahmoud; Petkoski, Djordjija; Mohieldin, Mahmoud; Petkoski, Djordjija
    In 2015, global leaders aspire to adopt the Sustainable Development Goals, a financing framework to support them, and a framework agreement on climate change. Youth engagement throughout the design and implementation process is critical for success. World Bank Group and Wharton Business School jointly launched a youth finance competition in November 2014 to engage young people in creating innovative ideas for financing development in the future. 330 submissions from more than 1,500 youth in 130 countries around the world were received. This publication compiles top six proposals as well as short summaries of the top 20 ideas.
  • Publication
    Ideas for Action 2019
    (Washington, DC: World Bank, 2019-10-17) Mohieldin, Mahmoud; Petkoski, Djordjija; Mohieldin, Mahmoud; Petkoski, Djordjija; Pathak, Shantanu; Kulkarni, Aditya; Bondre, Ameya; Nadar, Prince; Srivastava, Rohit; Joshi, Avinash; Donakonda, Anjana; Archer, John Peter; Noakes, Lindsey; Rodrigues, Luiz Henrique; Watters, Fiona; Kiplimo, Bethwel; Baldwin, Todd; Schochet, Noah; Sinha, Ayushi; Okusanya, Bayo; Kihonge, Ronnie; Cardoso, Felipe; Hugo, Thaina; Eugênio, Gustavo; Cattaneo, Fabian; Didone, Evandro; Alba Aldana, Ricardo; Alba Torres, Ricardo Enrique; Torres Bello, Nancy; Alba Torres, Jessica Bibiana; Lynn, Hwang Soo; Farras, Muhammad; Juan, Kim; Fatina, Shana; Fadhilah, Atiek Puspa; Guniar, Fakhri
    Ideas for Action is a youth competition on initiatives to implement the Sustainable Development Goals launched in November 2014 by the World Bank Group and the Zicklin Center for Business Ethics Research at the Wharton School of the University of Pennsylvania. The 2019 winners (3 top teams, 4 runners-up, and 11 honorable mentions) were selected from more than 3,000 proposals submitted by more than 21,000 team members from 142 countries. This year witnessed an unparalleled level of growing recognition with a 50 percent increase in proposals over 2018. The winning proposals were selected through a rigorous selection process that judged the projects on depth and clarity, significance of impact, originality and creativity, and feasibility. The teams had to showcase a strong proposal that presented a potential for impact on a large number of people with a practical roadmap for implementation. In addition to young staff members, reviewers included executives from Firmenich, Flour Mills of Nigeria, the German–Brazilian Chamber of Commerce and Industry, PepsiCo, the Wharton School, and the World Bank Group. Other competition partners included the International Labour Organization, Hemofarm, the World Bank Group’s Youth to Youth Community (Y2Y) and Youth Summit, Knowledge @ Wharton, and the United Nations Youth Assembly. Youth participation in the 2030 Development Agenda is crucial. This initiative is a knowledge-sharing platform that empowers young professionals with the support and tools needed to engage in the conversation with leading professionals in the global development industry and the private sector. Through their use of technology—such as rainwater harvesting, reusable plastics, mobile apps, and devices—young people have ideas to make an exponential impact. The goal is to support truly workable and actionable results by connecting leading schools of finance and management with governments around the world to build partnerships that bolster these ideas into effective implementation. This book recognizes the incredible talent and spirit that these young people bring to the global development conversation.
  • Publication
    Financing Sustainable Development
    (2016-10) Mohieldin, Mahmoud; Petkoski, Djordjija; Mohieldin, Mahmoud; Petkoski, Djordjija
    Logistics and supply chains are the wheels of trade, commerce and economic activity around the world. However, in developing economies and emerging markets there are numerous challenges that make access difficult. Most prominent are the lack of standardized addressing systems, and inefficient or inadequate countrywide postal infrastructure that raises the cost of logistics, especially in delivery at the last mile. The authors proposal recommends a low cost peer-to-peer delivery system where senders are connected to local transporters who can carry out scheduled or on-demand deliveries. This system will be executed by means of a technology platform that facilitates this interaction between the different customer segments. There is significant opportunity and potential in establishing this service in emerging economies around the world that face similar problems. Because of the large market opportunity and its significance in the West-African region, Nigeria is the authors target for the solution. The authors plan is to eventually expand this service regionally.
  • Publication
    On the Sustainable Development Goals and the Role of Islamic Finance
    (World Bank, Washington, DC, 2015-05) Ahmed, Habib; Mohieldin, Mahmoud; Verbeek, Jos; Aboulmagd, Farida
    The Sustainable Development Goals, the global development agenda for 2015 through 2030, will require unprecedented mobilization of resources to support their implementation. Their predecessor, the Millennium Development Goals, focused on a limited number of concrete, global human development targets that can be monitored by statistically robust indicators. The Millennium Development Goals set the stage for global support of ambitious development goals behind which the world must rally. The Sustainable Development Goals bring forward the unfinished business of the Millennium Development Goals and go even further. Because of the transformative and sustainable nature of the new development agenda, all possible resources must be mobilized if the world is to succeed in meeting its targets. Thus, the potential for Islamic finance to play a role in supporting the Sustainable Development Goals is explored in this paper. Given the principles of Islamic finance that support socially inclusive and development promoting activities, the Islamic financial sector has the potential to contribute to the achievement of the Sustainable Development Goals. The paper examines the role of Islamic financial institutions, capital markets, and the social sector in promoting strong growth, enhanced financial inclusion, and intermediation, reducing risks and vulnerability of the poor and more broadly contributing to financial stability and development.
  • Publication
    Realizing the Potential of Islamic Finance
    (World Bank, Washington, DC, 2012-03) Mohieldin, Mahmoud
    Islamic finance has been growing rapidly in recent years. Motivated by a heightened interest in financial instruments that emphasize risk sharing, it has been attracting greater attention in the wake of the recent financial crisis. This class of instruments appears to have avoided many of the most severe consequences of the crisis. Several features underpin the expansion and performance of Islamic finance. Addressing key regulatory and governance issues will be essential for Islamic finance to achieve its full potential. Several multilateral development institutions, including the World Bank, have longstanding programs to support the development of the industry and have used Islamic instruments, to varying extents, to tap capital markets. In the coming years, Islamic finance could account for a substantial share of financial services in several countries, meeting the preferences of significant numbers of people, enhancing financial inclusion and intermediation, and contributing more broadly to financial stability and development.

Users also downloaded

Showing related downloaded files

  • Publication
    Argentina Country Climate and Development Report
    (World Bank, Washington, DC, 2022-11) World Bank Group
    The Argentina Country Climate and Development Report (CCDR) explores opportunities and identifies trade-offs for aligning Argentina’s growth and poverty reduction policies with its commitments on, and its ability to withstand, climate change. It assesses how the country can: reduce its vulnerability to climate shocks through targeted public and private investments and adequation of social protection. The report also shows how Argentina can seize the benefits of a global decarbonization path to sustain a more robust economic growth through further development of Argentina’s potential for renewable energy, energy efficiency actions, the lithium value chain, as well as climate-smart agriculture (and land use) options. Given Argentina’s context, this CCDR focuses on win-win policies and investments, which have large co-benefits or can contribute to raising the country’s growth while helping to adapt the economy, also considering how human capital actions can accompany a just transition.
  • Publication
    Digital Africa
    (Washington, DC: World Bank, 2023-03-13) Begazo, Tania; Dutz, Mark Andrew; Blimpo, Moussa
    All African countries need better and more jobs for their growing populations. "Digital Africa: Technological Transformation for Jobs" shows that broader use of productivity-enhancing, digital technologies by enterprises and households is imperative to generate such jobs, including for lower-skilled people. At the same time, it can support not only countries’ short-term objective of postpandemic economic recovery but also their vision of economic transformation with more inclusive growth. These outcomes are not automatic, however. Mobile internet availability has increased throughout the continent in recent years, but Africa’s uptake gap is the highest in the world. Areas with at least 3G mobile internet service now cover 84 percent of Africa’s population, but only 22 percent uses such services. And the average African business lags in the use of smartphones and computers as well as more sophisticated digital technologies that catalyze further productivity gains. Two issues explain the usage gap: affordability of these new technologies and willingness to use them. For the 40 percent of Africans below the extreme poverty line, mobile data plans alone would cost one-third of their incomes—in addition to the price of access devices, apps, and electricity. Data plans for small- and medium-size businesses are also more expensive than in other regions. Moreover, shortcomings in the quality of internet services—and in the supply of attractive, skills-appropriate apps that promote entrepreneurship and raise earnings—dampen people’s willingness to use them. For those countries already using these technologies, the development payoffs are significant. New empirical studies for this report add to the rapidly growing evidence that mobile internet availability directly raises enterprise productivity, increases jobs, and reduces poverty throughout Africa. To realize these and other benefits more widely, Africa’s countries must implement complementary and mutually reinforcing policies to strengthen both consumers’ ability to pay and willingness to use digital technologies. These interventions must prioritize productive use to generate large numbers of inclusive jobs in a region poised to benefit from a massive, youthful workforce—one projected to become the world’s largest by the end of this century.
  • Publication
    World Development Report 2006
    (Washington, DC, 2005) World Bank
    This year’s Word Development Report (WDR), the twenty-eighth, looks at the role of equity in the development process. It defines equity in terms of two basic principles. The first is equal opportunities: that a person’s chances in life should be determined by his or her talents and efforts, rather than by pre-determined circumstances such as race, gender, social or family background. The second principle is the avoidance of extreme deprivation in outcomes, particularly in health, education and consumption levels. This principle thus includes the objective of poverty reduction. The report’s main message is that, in the long run, the pursuit of equity and the pursuit of economic prosperity are complementary. In addition to detailed chapters exploring these and related issues, the Report contains selected data from the World Development Indicators 2005‹an appendix of economic and social data for over 200 countries. This Report offers practical insights for policymakers, executives, scholars, and all those with an interest in economic development.
  • Publication
    Classroom Assessment to Support Foundational Literacy
    (Washington, DC: World Bank, 2025-03-21) Luna-Bazaldua, Diego; Levin, Victoria; Liberman, Julia; Gala, Priyal Mukesh
    This document focuses primarily on how classroom assessment activities can measure students’ literacy skills as they progress along a learning trajectory towards reading fluently and with comprehension by the end of primary school grades. The document addresses considerations regarding the design and implementation of early grade reading classroom assessment, provides examples of assessment activities from a variety of countries and contexts, and discusses the importance of incorporating classroom assessment practices into teacher training and professional development opportunities for teachers. The structure of the document is as follows. The first section presents definitions and addresses basic questions on classroom assessment. Section 2 covers the intersection between assessment and early grade reading by discussing how learning assessment can measure early grade reading skills following the reading learning trajectory. Section 3 compares some of the most common early grade literacy assessment tools with respect to the early grade reading skills and developmental phases. Section 4 of the document addresses teacher training considerations in developing, scoring, and using early grade reading assessment. Additional issues in assessing reading skills in the classroom and using assessment results to improve teaching and learning are reviewed in section 5. Throughout the document, country cases are presented to demonstrate how assessment activities can be implemented in the classroom in different contexts.
  • Publication
    Morocco Economic Update, Winter 2025
    (Washington, DC: World Bank, 2025-04-03) World Bank
    Despite the drought causing a modest deceleration of overall GDP growth to 3.2 percent, the Moroccan economy has exhibited some encouraging trends in 2024. Non-agricultural growth has accelerated to an estimated 3.8 percent, driven by a revitalized industrial sector and a rebound in gross capital formation. Inflation has dropped below 1 percent, allowing Bank al-Maghrib to begin easing its monetary policy. While rural labor markets remain depressed, the economy has added close to 162,000 jobs in urban areas. Morocco’s external position remains strong overall, with a moderate current account deficit largely financed by growing foreign direct investment inflows, underpinned by solid investor confidence indicators. Despite significant spending pressures, the debt-to-GDP ratio is slowly declining.