The World Bank wants a stronger Africa and a greener economy
EURONEWS, the World Bank has new plans for Africa. What are?Jim Yong Kim, President of the World Bank In the first place, it is important to get 16 1000 million to help Africa, because we need to build a stronger continent. The African continent is losing arable land and through a process of desertification, which is why we want to support the development of what is known as "the green wall." We want to develop a green wall to protect the existing arable land temperature increases in the event of extreme weather phenomena. We must also understand what situation we find ourselves in relation to our ability to adapt to climate change and in relation to the development of a stronger agriculture or cleanest cities. We must use all available information to help Africa develop if we also want to develop the use of renewable energies, which doesn't always happen because no resources. We must find ways to finance renewable energy effectively.EURONEWS Why this focus on the African continent?Jim Yong Kim, President of the World Bank are concerned, as were the African countries, that the debates of this Summit were only about the need to reduce carbon dioxide emissions for the benefit of rich countries. But poor countries decided they wanted to be taken into account, because I suffer from pollution caused by the richer countries. And once it is, I think we can find positive solutions to Africa in these meetings. We need an effective commitment to help Africa adapt to climate change, at the same time to care for its development. It is a region that has been growing very quickly, although limited by access to energy. We must find cleaner energy solutions, which will not be easy, but we have the technology and the financial funds for that. EURONEWS Spoke to 16 1000 million dollars. How are they going to get so much money?Jim Yong Kim, President of the World Bank, one-third of that money will come from the World Bank, about 1000 5.7 million dollars, but, since many countries have projects for the region, I think that should help. Everyone must help and support our plan. EURONEWS is optimistic?Jim Yong Kim, President of the World Bank Absolutely!EURONEWS Talk of the world economy. That expectavivas to 2016?Jim Yong Kim, President of the World Bank growth back to dececionar. The only advanced economy that seems to grow are the United States of America. But maybe Federal Bank will raise the interest rates now in December. On the other hand, I note a significant capital flight from emerging markets and the demand for funds from the World Bank has increased a lot. We must respond to the banks that let their emerging markets with more funds. All this takes place in a difficult period, but is, on the other hand, an opportunity to find new ways and opportunities of investment in emerging countries, such as renewable energy, for example. We expect lower growth in emerging markets such as Russia and Brazil. EURONEWS how would you describe the current economy in a nutshell: fragile, recovering, or stronger?Jim Yong Kim, President of the World Bank Say They only reached only. Emerging markets are in the same position as they were in the late 90 or 80 and their central banks are still very dependent on. We hope, moreover, that Esther emerging markets, which led the growth between 2008 and 2014 will reduce your rate of growth this year given that commodity prices will remain low next year. EURONEWS what advice would you give to world leaders about the next few months?Jim Yong Kim, President of the World Bank With the possible increases in the Fed, all should think seriously in their budgets for State and national economies. Many countries face structural reforms which should have done a long time ago. Should improve business laws and investing in education. We have been saying this for a long time. Developing countries should take account of the type of public policies to implement and how the implement, because of their actions will depend on the entry and exit of capital in their economies. They should also prepare for next year, possibly more complicated in the economic plan.
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