World Bank

Rural farmer group is first Lead Partner of PPAP coffee

The farmer group from one of the remote electorates referred to as the ‘back page’ of Eastern Highlands Province were praised for their efforts for having good leadership to organised cluster groups to successfully bid for coffee development funding totalling K2.3 million.

Give major impact projects to locals, says resident

Epo spokesperson Moiu Koaru told Loop PNG this following the celebration of the final sealing of the Malalaua-Epo road in Gulf Province on Thursday.

Dekenai Construction Ltd started work on the 57km road in 2014, under project manager Jim Taparu, who is also from Gulf. Koaru stressed that based on the successful implementation of the project, it can be concluded that local contractors have a sense of ownership.

World Bank features PNG in short film

The series of films titled ‘The Price of Conflict, The Prospect of Peace,’ features ARoB, among two other communities in the Solomon islands and in the Philippines, affected by conflict.

The films aim to highlight how conflict continues to exact a heavy toll long after bloodshed and turmoil.

In ARoB, the film features women from rival communities torn apart by ethnic conflict, coming together to help halt the violence.

Is this the most beautiful way to burn trash?

Historically, these industrial monoliths have been functional eyesores -- often inciting resentment and "not in my backyard" protests from local residents.

But as cities generate more trash -- the World Bank predicts global rubbish disposal will triple to 4 billion tons a year by 2100 -- the need to change our attitudes to waste is becoming more urgent.

Villagers welcome coffee rehab work in SHP

 A councillor from Kaupena, Robert Morombu, said it was a wise decision by the government to improve the “green gold” with loan financing from World Bank (International Development Association) and International Fund for Agricultural Development (IFAD).

“Coffee is our lifeline. Oil and gas will run out but this green gold (coffee) is here to stay until the second coming of Jesus.

“We thank World Bank, IFAD and also the PNG Government for coming down to the village level to save our coffee gardens.”

Villagers praise World Bank and partners for coffee rehab work

A councillor from Kaupena, Robert Morombu, said it was a wise decision by the government to improve the “green gold” with loan financing from World Bank (International Development Association) and International Fund for Agricultural Development (IFAD).

“Coffee is our lifeline. Oil and gas will run out but this green gold (coffee) is here to stay until the second coming of Jesus.

“We thank World Bank, IFAD and also the PNG Government for coming down to the village level to save our coffee gardens.”

World Bank creates pandemic insurance plan

World Bank president Jim Yong Kim said the new Pandemic Emergency Financing Facility (PEF) will accelerate global and national responses to disease outbreaks that threaten large populations and fragile economies.

He said the PEF, a combination of catastrophe insurance and bonds, is a direct reaction to the sluggish donor response to the outbreak of Ebola, which killed thousands and shut down economic activity for months.

"The recent Ebola crisis in West Africa was a tragedy that we were simply not prepared for. It was a wake-up call to the entire world," Dr Kim said.

World Bank says Pacific can earn much more from tuna

It says this could create up to 15,000 jobs by 2040.

Called 'The Pacific Possible: Tuna Fisheries report' it has been released at a meeting of Forum Fisheries committee in Port Vila.

Papua New Guinea seeks World Bank loan after dollar shortage

The move to borrow K720 million (US$232 million ) follows the country’s failure to raise K2400bn (US$775 million) on bond markets late last year and a slowdown in the South Pacific nation’s economy, which until recently was the best-performing in the region thanks to the construction and start-up of a K40bn (US$14 billion) gas plant operated by ExxonMobil. 

Report finds severe lack of access to water & sanitation for thousands in the Pacific

Released to coincide with World Toilet Day 2015, Unsettled: water and sanitation in urban settlement communities of the Pacific, highlights the reasons why thousands of families in Melanesia – Solomon Islands, Fiji, Vanuatu, and Papua New Guinea (PNG) – are unable to access basic water and sewage services.

The report makes a number of recommendations on how governments, utility providers, charities and donors can work together to improve access and affordability.