Interim Report 2020 Africa Group 1 Constituency
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INTERIM REPORT 2020 AFRICA GROUP 1 CONSTITUENCY ANNE N. KABAGAMBE EXECUTIVE DIRECTOR April 2020 | 73428 Table of Contents Acronyms and abbreviations ....................................................................................................... 3 Message from the Executive Director .......................................................................................... 5 Map of Africa Group 1 Constituency Countries ............................................................................ 9 Executive Summary .....................................................................................................................11 PART 1. Think-Piece | Driving Structural Change and Economic Transformation In Africa ......... 17 Introduction ..................................................................................................................18 What is economic transformation? ...............................................................................19 Promoting structural change and economic transformation ....................................... 22 Getting the basics right for transformation | The first-order conditions ...................... 23 Getting the basics right for transformation | The second-order conditions ................. 26 Getting the basics right for transformation | The third-order conditions ..................... 28 Conclusion .................................................................................................................. 33 PART 2. Selected Policy Issues and Updates ............................................................................37 WBG Response to Coronavirus-2019 (COVID-19) ......................................................... 38 IDA19 Replenishment and Implementation ................................................................. 40 Update on the WBG Gender-Based Violence Action Plan ............................................47 WBG Strategy for Fragility, Conflict and Violence (FCV) .............................................50 Update on the World Bank Group Climate Change Action Plan .................................. 52 Update on the World Bank Group’s Global Footprint .................................................. 55 PART 3. Constituency Engagements ........................................................................................ 59 Office Engagements on Standing Committees ............................................................60 Progress on Constituency Office Priorities .................................................................. 64 Executive Director Visits to Constituency Countries ..................................................... 71 Endnotes .................................................................................................................................... 84 INTERIM REPORT 2020 | 1 ANNEXES Annex 1. Rotation Schedule for the Constituency Chairmanship ............................................. 87 Annex 2. Rotation Schedule for the Constituency Panel..........................................................88 Annex 3. Rotation Schedule for Constituency Representation on the Development Committee ...............................................................................89 Annex 4. Rotation Schedule for Executive Director and Alternate Executive Director .............90 Annex 5. Rotation Schedule for IDA Borrowers’ Representatives .............................................91 Office of the Executive Director, EDS14 Team ...........................................................................92 BOX Box 1. Special Themes of IDA19 ................................................................................................41 GRAPHS Graph 1. IDA and IBRD Resource Commitment to AFG1 Countries ...........................................65 Graph 2. IFC approved projects for AFG1 Countries, Total Financing ...................................... 67 TABLES Table 1. Progress on Accessing Financing from the World Bank Group Fast Track COVID-19 Facility ...................................................................................................... 39 Table 2. The IDA19 Resource Envelope ................................................................................... 43 Table 3. IDA19 use of Resources ............................................................................................. 44 2 | AFRICA GROUP 1 CONSTITUENCY Acronyms and abbreviations AfCFTA Africa Continental Free Trade IFC International Finance Corporation Agreement IMF International Monetary Fund AFG1 Africa Group 1 Constituency IPF Investment Project Financing BETFs Bank Executed Trust Funds IPN World Bank Inspection Panel CCAP Climate Change Action Plan JET Jobs and Economic Transformation CEN Country Engagement Note MAP Management Action Plan CODE Committee on Development MIGA Multilateral Investment Guarantee Effectiveness Agency COVID-19 Coronavirus Disease 2019 MPA Multiphase Programmatic CPF Country Partnership Framework Approach CRW Crisis Response Window NDC Nationally Determined DC Development Committee Contributions DPO Development Policy Operation ODA Official Development Assistance ESCF Environmental and Social OECD Organization for Economic Commitment Plan Cooperation and Development ESF Environmental and Social PfR Program for Results Framework PIU Project Implementation Unit FCS Fragile and Conflict-Affected PLR Performance and Learning Review States PSW Private Sector Window FCV Fragility, Conflict and Violence SCD Systematic Country Diagnostic FDI Foreign Direct Investment SDGs Sustainable Development Goals FTCF WB Fast Track COVID Facility SDFP Sustainable Development FY Fiscal Year Financing Policy GBV Gender-Based Violence SEAH Sexual Exploitation, Abuse GDP Gross Domestic Product and Harassment GNI Gross National Income SPRP Strategic Preparedness and Response Program GRS Grievance Redress Services SUF Scale-Up Facility IBRD International Bank for Reconstruction and Development US United States IDA International Development WBG World Bank Group Association WHR Window for Host Communities and Refugees INTERIM REPORT 2020 | 3 Hillside farmlands of the highlands of Uganda © istockphoto.com/Andy Doyle 4 | AFRICA GROUP 1 CONSTITUENCY Message from the Executive Director We live in uncertain times. The presentation of our Interim Report would normally have taken place during the Spring Meetings this month in Washington, D.C. But these are not regular times. All events have been canceled by the World Bank except the Development Committee which will be held virtually on April 17th, 2020. The entire World Bank Group is on home-based work. The world is facing a new pandemic in the form of COVID-19. A critical challenge is that the future pattern of this disease and its full impacts are uncertain. As I write, the new COVID-19 is rapidly spreading and creating havoc around the world. COVID-19 is showing that national health systems might be inadequate to deal with a pandemic of this nature. Experts are warning that our health systems might get overwhelmed as each country deals with the COVID-19 in their own way. In addition, it is disrupting economic activities across the globe. Tourism and the global travel services industries have been severely impacted. Demand for commodities has declined as Anne N. Kabagambe economic activities have slowed down. Events Executive Director such as the COVID-19 cannot be framed or viewed only from the perspective of one country. They are global challenges that call for global responses. First, there is a need for foresight and anticipatory planning using the world’s collective intelligence. Humanity’s ability to proactively respond to and deal with these issues call for a global capacity to anticipate, model scenarios and plan on how to deal with these types of crises before they become global pandemics. INTERIM REPORT 2020 | 5 Second, countries and experts must share knowledge and work together collaboratively. The sharing of the collective intelligence is key to finding solutions and approaches to addressing global pandemics, whether it is reducing the ability of a virus to spread quickly or finding solutions to quickly mitigate their impacts. Third, there is a need for a global template on how to respond while also empowering global organizations to lead. One lesson from the current COVID-19 pandemic is that do-it-alone national approaches is not the most effective. In addition, there is a risk that some countries’ health systems might simply not be able to cope. The solution is to ensure a collective global response. This requires empowering existing organizations, including providing them with the necessary tools to lead and coordinate interventions with national governments across the globe. Fourth, there is a need for funding to increase the chances of prevention and to manage global pandemics. The alternative will be too costly for the world. While no one knows the full cost of the impact of the COVID-19, it is generally assumed that costs will be huge and will have a significant impact on the most vulnerable population. The COVID-19 has led many governments to begin preparing stimulus packages to mitigate the effects. These efforts will need to be reinforced at the global level and especially for developing countries without the fiscal space for countercyclical measures. The good news is that the world is already reacting and institutions such as the World Bank Group (WBG) has taken the lead. The WBG in a record time has approved US$14 billion for Phase