Thursday 22 August 2013

World Bank Group Weekly Update

Satellite Data Informs Development Satellite Data Informs Development
Highlights
Poland Seeks to Boost Innovation Helping New Businesses Thrive Which Coastal Cities Are at Highest Risk of Damaging Floods? Power Line Projects Create Significant ‘Indirect' Jobs
Poland Seeks to Boost Innovation Helping New Businesses Thrive Which Cities Are at Highest Risk of Floods? Power Line Projects Create 'Indirect' Jobs
With support from the European Union and the World Bank Group, Poland is developing new avenues for economic modernization. By increasing investment in research and development, the Polish government is looking to improve infrastructure and foster international partnerships. Entrepreneurship is booming in Nepal, helped by a modernization project that has streamlined the process by which companies register with the government and file their annual reports. A new computer system, with the support of the World Bank Group's International Finance Corporation, has made it easier for start-ups to register. A new study pinpoints cities around the world that will be most at risk from rising sea levels caused by climate change. The study finds that the costs of global flood damage could rise to $1 trillion a year if cities don't take steps to adapt. Building power transmission lines can create far more "indirect" jobs than the often-cited "direct" jobs in construction, operations, and maintenance, according to a new World Bank Group study that used an innovative approach.
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