UN, World Bank agree to build resilience, sustain peace in conflict areas

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A young boy suffering from malnutrition is held by his mother at a UNICEF-supported Outpatient Therapeutic Program (OTP) in Baidoa, Somalia. Photo: UNICEF/Mackenzie Knowles-Coursin

The United Nations and World Bank have agreed to build resilience and sustain peace in conflict areas, the two institutions announced on Saturday.

UN Secretary-General António Guterres and World Bank Group President Jim Yong Kim released a joint statement confirming the news.

The UN chief has been attending the World Bank and IMF or International Monetary Fund annual Spring Meetings in Washington DC since Friday.

Jocelyne Sambira has more.

The UN and World Bank alliance aims to build resilience for the most vulnerable people by reducing poverty, promoting shared prosperity, enhancing food security and sustaining peace in crisis-affected situations.

To advance the work, UN Secretary-General António Guterres and World Bank Group President Jim Yong Kim, said in a joint statement released on Saturday, that their two institutions would focus on situations where there is ongoing conflict or where there is a risk of conflict, situations with high levels of forced displacement, as well as protracted and post-crisis situations.

The new partnership builds on nearly a decade of efforts to strengthen UN and World Bank collaboration in crisis-affected countries.

The World Bank and IMF Spring Meetings bring together global finance leaders to discuss a range of issues related to poverty eradication, international economic development, finance and aid effectiveness.

The Meetings also offer an opportunity for civil society organizations to share their views and interact with policymakers in a global setting.

Jocelyne Sambira, United Nations.

Duration: 1’09”

 

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