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Heavier-than-usual rains have devastated Kenya, Tanzania, Uganda, Rwanda and Burundi, turning villages upside down, ruining critical infrastructure and threatening to inflict more pain in coming.
WITH heavy emphasis on food production, security and reducing the country’s food imports the government has allocated a vast amount of money to some critical areas in the agriculture sector.
Meet the International Development Association (IDA), the arm of the World Bank that helps the world’s poorest countries 75 to be exact. It’s the largest single source of donor funds for basic services in these countries and aims to eliminate extreme poverty. IDA’s most recent replenishment, IDA20, resulted in a historic $93 billion financing package for IDA countries for fiscal years 2022-2025. On this episode of The Development Podcast, we explore how IDA works across the world on a range of key development issues and priorities, with the help of some key partners. Join us as we speak with Dirk Reinermann, the World Bank’s Director of Development Finance who oversees IDA, Gregory Chen, Managing Director for the Ultra-Poor Graduation Initiative, within BRAC International, and Maaria Henry, a Fisheries Protection Officer from the Republic of Kiribati in Micronesia, which sits at the forefront of the climate challenge. Listen now!