Human Capital Project : Year 3 Progress Report

Year 3 of the Human Capital Project (HCP) has been one in which countries have struggled to stem their losses. COVID-19 (coronavirus) has both disrupted and caused devastating setbacks to lives and livelihoods. Globally, we have lost an estimated decad...

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Main Author: World Bank
Format: Report
Language:French
English
Published: Washington, DC: World Bank 2022
Online Access:http://documents.worldbank.org/curated/en/143971646634662183/Human-Capital-Project-Year-3-Progress-Report
http://hdl.handle.net/10986/37185
id okr-10986-37185
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spelling okr-10986-371852022-03-23T05:10:50Z Human Capital Project : Year 3 Progress Report World Bank Year 3 of the Human Capital Project (HCP) has been one in which countries have struggled to stem their losses. COVID-19 (coronavirus) has both disrupted and caused devastating setbacks to lives and livelihoods. Globally, we have lost an estimated decade worth of gains in human capital outcomes. With over 255 million jobs equivalent erased and 1.6 billion children out of school at the peak of school closures, poverty is set to significantly increase for the first time in 20 years, particularly in low-income countries and Sub-Saharan Africa. The poor and vulnerable have also endured the hardship of natural disasters and conflict. In the face of these challenges, we are more committed than ever to help countries invest optimally in their people, prevent hard-won human capital gains from being eroded further, and build back better to ensure green, resilient and inclusive development. Human capital has been adopted as a special theme for the 20th replenishment of the World Bank’s International Development Association (IDA-20). The HCP network has grown to 82 countries and, even in this unique year of travel bans and social distancing, we have maintained a high level of engagement through online ministerial conclaves and global forums, multilingual knowledge exchange webinars including on COVID-19 strategies, knowledge products, and country-specific case studies of successful human capital interventions. 2022-03-22T15:22:46Z 2022-03-22T15:22:46Z 2022-03-07 http://documents.worldbank.org/curated/en/143971646634662183/Human-Capital-Project-Year-3-Progress-Report http://hdl.handle.net/10986/37185 French English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Report Publications & Research The World Region The World Region World
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description Year 3 of the Human Capital Project (HCP) has been one in which countries have struggled to stem their losses. COVID-19 (coronavirus) has both disrupted and caused devastating setbacks to lives and livelihoods. Globally, we have lost an estimated decade worth of gains in human capital outcomes. With over 255 million jobs equivalent erased and 1.6 billion children out of school at the peak of school closures, poverty is set to significantly increase for the first time in 20 years, particularly in low-income countries and Sub-Saharan Africa. The poor and vulnerable have also endured the hardship of natural disasters and conflict. In the face of these challenges, we are more committed than ever to help countries invest optimally in their people, prevent hard-won human capital gains from being eroded further, and build back better to ensure green, resilient and inclusive development. Human capital has been adopted as a special theme for the 20th replenishment of the World Bank’s International Development Association (IDA-20). The HCP network has grown to 82 countries and, even in this unique year of travel bans and social distancing, we have maintained a high level of engagement through online ministerial conclaves and global forums, multilingual knowledge exchange webinars including on COVID-19 strategies, knowledge products, and country-specific case studies of successful human capital interventions.
format Report
author World Bank
spellingShingle World Bank
Human Capital Project : Year 3 Progress Report
author_facet World Bank
author_sort World Bank
title Human Capital Project : Year 3 Progress Report
title_short Human Capital Project : Year 3 Progress Report
title_full Human Capital Project : Year 3 Progress Report
title_fullStr Human Capital Project : Year 3 Progress Report
title_full_unstemmed Human Capital Project : Year 3 Progress Report
title_sort human capital project : year 3 progress report
publisher Washington, DC: World Bank
publishDate 2022
url http://documents.worldbank.org/curated/en/143971646634662183/Human-Capital-Project-Year-3-Progress-Report
http://hdl.handle.net/10986/37185
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