The lingering pandemic has dealt the global economy an unprecedented shock, and the recovery is likely to be slow and uneven. Disadvantages and inequalities have been amplified, with harm falling hardest on poorer people, firms, and countries which face obstacles to financial resources and networks. What is needed to support a faster and deeper economic recovery that lays a foundation for a more sustainable and inclusive global economic system? Join the discussion with top development speakers for the 2021 Virtual Spring Meetings. More information: https://live.worldbank.org/economic-recovery-green-resilient-inclusive-future?cid=ECR_YT_Worldbank_EN_EXT 📊 The event Economic Recovery: Toward a Green, Resilient, and Inclusive Future focused on economic recovery through three broad lenses: - Sustainability: How can we make this a green recovery and rebuild economic systems to better use resources and create a climate-friendly future? - Resilience and Innovation: How can firms reinvent themselves to create more jobs, and how can governments find new ways to transform the crisis into an opportunity for growth? How can youth avoid the risk of a “lost generation”? - Inclusion: How can policy makers ensure that everyone benefits from the recovery and inequality is not worsened? This includes attention to the ways the pandemic has disproportionately affected women and girls. ❗️ Multilingual subtitles/closed captions (CC) are available for this video, please check the language options in the settings button of the player control. 🗣️ Speakers - David R. Malpass, President, World Bank Group - Kristalina Georgieva, Managing Director, International Monetary Fund @IMF - Janet Yellen, U.S. Secretary of the Treasury @U.S. Department of the Treasury - Karim El Aynaoui, President, @Policy Center for the New South - Swietenia Puspa Lestari, Co-Founder and Executive Director, Divers Clean Action - Rania Al-Mashat, Minister of International Cooperation, Arab Republic of Egypt - Sola David-Borha, Chief Executive for Africa Regions, @Standard Bank Group - Ajaita Shah, Founder/CEO of Frontier Markets and the President of Frontier Innovations Foundation - Lindsay Coates, BRAC Ultra-Poor Graduation Initiative, Managing Director @BRAC World - Gonzalo Hernandez Licona, Director of the Multidimensional Poverty Peer Network - Vongsey Vissoth, Cambodia’s Permanent Secretary of State - Melinda Gates, Co-chair of the Bill & Melinda Gates Foundation @GatesFoundation - Somi Kakoma, 2021 Grammy-nominated Vocalist, Composer, and Writer @somimusic 📑 Agenda 00:00 Welcome to the 2021 WBG-IMF Virtual Spring Meetings 05:40 Introducing Economic Recovery: Toward a Green, Resilient, and Inclusive Future 09:00 Conversation between David Malpass, Kristalina Georgieva, Janet Yellen 30:30 The youth perspective on economic recovery 33:32 Green recovery: Karim El Aynaoui, Swietenia Puspa Lestari 43:56 Resilience and innovation by private companies: Rania Al-Mashat, Sola David-Borha, Ajaita Shah 58:58 Protecting the poor and vulnerable: Lindsay Coates, Gonzalo Hernandez Licona, Vongsey Vissoth, Melinda Gates 1:14:19 A performance by Ugandan jazz vocalist and songwriter, Somi 1:20:19 Discussion on economic recovery with Manuela Ferro and Makhtar Diop 1:30:00 Voices of youth leaders & poll results 1:33:49 Country spotlight: Egypt and climate change, with Ayat Soliman 1:41:25 Country spotlight: Mozambique and climate change, with Hector Gomez Ang 1:46:58 Thanks for joining the 2021 WBG-IMF Virtual Spring Meetings! ABOUT THE WORLD BANK GROUP 🌐 The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. http://www.worldbank.org FOLLOW US ► ► ► YouTube: http://wrld.bg/x4SB50x47Lu Facebook: http://www.facebook.com/worldbank Twitter: http://www.twitter.com/worldbank Instagram: http://www.instagram.com/worldbank LinkedIn: https://www.linkedin.com/company/the-world-bank/ Events: http://live.worldbank.org Immersive Stories: https://www.worldbank.org/en/who-we-are/news/biggerpicture Newsletter: https://www.worldbank.org/en/newsletter-subscription

world bankinternational developmentpovertysustainable solutionsdeveloping countriesprosperitysustainable developmenteconomic growthdevelopment challengesfinancingpolicy advicetechnical assistancespring meetingswbgimfcovidpandemiccoronavirusrecoverycovid-19crisisinternational monetary fundsustainable futureEconomic Recoveryeconomic systemsDavid R. MalpassKristalina GeorgievaJanet YellenMelinda GatesSomi Kakomayt:cc=on