resilience

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THE ROLE OF ODA IN STRENGTHENING MEDIA INTEGRITY FOR SUSTAINABLE DEVELOPMENT

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THE ROLE OF ODA IN STRENGTHENING MEDIA INTEGRITY FOR SUSTAINABLE DEVELOPMENT

The DAC defines official development assistance (ODA) as “government aid that promotes and specifically targets the economic development and welfare of developing countries.” Understanding of this definition has changed over time, recognising, for example, the emergence of “non-DAC providers or philanthropic foundations, the diversification of financial instruments for development, or the increasing overlap of development cooperation policy objectives with those of other sectors such as migration and security.”

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PACT FOR THE FUTURE |PART TWO

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PACT FOR THE FUTURE |PART TWO

We commit to achieving a world in which humanity lives in harmony with nature, to conserving and sustainably using our planet’s marine and terrestrial resources, including through sustainable lifestyles, and sustainable consumption and production, to reversing the trends of environmental degradation, to promoting resilience, to reducing disaster risk, and to halting ecosystem degradation and biodiversity loss. We will conserve and sustainably use oceans and seas, freshwater resources, as well as forests, mountains and dry lands and protect biodiversity, ecosystems and wildlife.

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Economic Recovery: Toward A Green, Resilient, And Inclusive Future

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Economic Recovery: Toward A Green, Resilient, And Inclusive Future

The world faces major challenges including Covid-19, climate change, rising poverty, inequality and violence in many countries. Inequality is most apparent in the direct effects of COVID that hits informal workers and the vulnerable the most, vaccinations, wealth concentration, unequal impact of the fiscal stimulus, asset purchases and the imbalance in debtor/ creditor relationships particularly for people in the poorest countries. Many developing countries entered the pandemic with unsustainable debt levels but WBG worked to achieve a debt service suspension initiative and increased transparency in debt contracts.