Green, Resilient, and Inclusive Development

Developing countries have experienced growing structural weaknesses over the last decade. COVID-19 and climate change have further aggravated these, worsening poverty and inequality, and starkly exposing the interdependence between people, the plan...

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Main Author: World Bank
Format: Strategy Document
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/undefined/285171633074966748/Green-Resilient-and-Inclusive-Development
http://hdl.handle.net/10986/36322
id okr-10986-36322
recordtype oai_dc
spelling okr-10986-363222022-01-12T05:10:31Z Green, Resilient, and Inclusive Development World Bank GREEN GROWTH RESILIENT DEVELOPMENT INCLUSIVE GROWTH GRID SUSTAINABLE GROWTH ENVIRONMENTAL SUSTAINABILITY WORLD BANK GROUP STRATEGY INCLUSIVE DEVELOPMENT CLIMATE RESILIENCE GREENHOUSE GAS EMISSIONS POVERTY REDUCTION PARTICULATE MATTER GLOBAL AVERAGE TEMPERATURE DEBT SERVICE SUSPENSION INITIATIVE Developing countries have experienced growing structural weaknesses over the last decade. COVID-19 and climate change have further aggravated these, worsening poverty and inequality, and starkly exposing the interdependence between people, the planet, and the economy. This report charts out the Green, Resilient, and Inclusive Development (GRID) approach, which departs from previous development strategies by promoting economic growth that goes hand in hand with environmental goals and social inclusion. Pursuing the twin goals of poverty eradication and shared prosperity with a sustainability lens, the GRID approach addresses the risks to people, the planet, and the economy in an integrated manner that is tailored to country needs and objectives. It sets a path that achieves lasting economic progress that is shared across the population, providing a robust recovery, and restoring momentum on the Sustainable Development Goals (SDGs). As countries face a historic opportunity to establish a better way forward, they will need to make significant reforms, mobilize domestic resources fairly, and deploy private sector solutions at scale. To ensure that the fruits of these transformations are evenly distributed, a range of social and labor market policies are also needed to compensate losers, safeguard the vulnerable, and deliver a just transition to a green economy. As needs are vast, complementary involvement from the public and private sectors, and the international community is vital 2021-10-01T18:23:02Z 2021-10-01T18:23:02Z 2021-10-01 Strategy Document http://documents.worldbank.org/curated/undefined/285171633074966748/Green-Resilient-and-Inclusive-Development http://hdl.handle.net/10986/36322 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic GREEN GROWTH
RESILIENT DEVELOPMENT
INCLUSIVE GROWTH
GRID
SUSTAINABLE GROWTH
ENVIRONMENTAL SUSTAINABILITY
WORLD BANK GROUP STRATEGY
INCLUSIVE DEVELOPMENT
CLIMATE RESILIENCE
GREENHOUSE GAS EMISSIONS
POVERTY REDUCTION
PARTICULATE MATTER
GLOBAL AVERAGE TEMPERATURE
DEBT SERVICE SUSPENSION INITIATIVE
spellingShingle GREEN GROWTH
RESILIENT DEVELOPMENT
INCLUSIVE GROWTH
GRID
SUSTAINABLE GROWTH
ENVIRONMENTAL SUSTAINABILITY
WORLD BANK GROUP STRATEGY
INCLUSIVE DEVELOPMENT
CLIMATE RESILIENCE
GREENHOUSE GAS EMISSIONS
POVERTY REDUCTION
PARTICULATE MATTER
GLOBAL AVERAGE TEMPERATURE
DEBT SERVICE SUSPENSION INITIATIVE
World Bank
Green, Resilient, and Inclusive Development
description Developing countries have experienced growing structural weaknesses over the last decade. COVID-19 and climate change have further aggravated these, worsening poverty and inequality, and starkly exposing the interdependence between people, the planet, and the economy. This report charts out the Green, Resilient, and Inclusive Development (GRID) approach, which departs from previous development strategies by promoting economic growth that goes hand in hand with environmental goals and social inclusion. Pursuing the twin goals of poverty eradication and shared prosperity with a sustainability lens, the GRID approach addresses the risks to people, the planet, and the economy in an integrated manner that is tailored to country needs and objectives. It sets a path that achieves lasting economic progress that is shared across the population, providing a robust recovery, and restoring momentum on the Sustainable Development Goals (SDGs). As countries face a historic opportunity to establish a better way forward, they will need to make significant reforms, mobilize domestic resources fairly, and deploy private sector solutions at scale. To ensure that the fruits of these transformations are evenly distributed, a range of social and labor market policies are also needed to compensate losers, safeguard the vulnerable, and deliver a just transition to a green economy. As needs are vast, complementary involvement from the public and private sectors, and the international community is vital
format Strategy Document
author World Bank
author_facet World Bank
author_sort World Bank
title Green, Resilient, and Inclusive Development
title_short Green, Resilient, and Inclusive Development
title_full Green, Resilient, and Inclusive Development
title_fullStr Green, Resilient, and Inclusive Development
title_full_unstemmed Green, Resilient, and Inclusive Development
title_sort green, resilient, and inclusive development
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/undefined/285171633074966748/Green-Resilient-and-Inclusive-Development
http://hdl.handle.net/10986/36322
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