WORLD BANK / HAITI INFRASTRUCTURE

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The World Bank Group announced two major initiatives today – a pledge of millions to fight cholera in Haiti and an initiative potentially worth trillions to raise private money for global infrastructure. WORLD BANK / FILE
Description

STORY: WORLD BANK/ HAITI INFRASTRUCTURE
TRT: 02:17
SOURCE: WORLD BANK / FILE
RESTRICTIONS: NONE
LANGUAGE: ENGLISH/ NATS

DATELINE: 9 OCTOBER 2014, WASHINGTON DC

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Shotlist

FILE – WORLD BANK, HAITI, 6 NOVEMBER 2010

1. Med shot, canal full of trash
2. Wide shot, cleaning up trash from canal

FILE – WORLD BANK – 2012, HAITI

3. Close up, cholera patient in hospital

9 OCTOBER 2014, WASHINGTON DC

4. SOUNDBITE (English) Jim Yong Kim, President, World Bank Group:
“By extending our fight against cholera to all waterborne disease we will improve access to healthcare and strengthen Haiti’s water and sanitation systems. As a development community we must support universal access to clean water, sanitation and other basic health services.”
5. Med shot, Jim Yong Kim and Ban Ki-moon shaking hands with people
6. Med shot, Jim Yong Kim speaking with people
7. Med shot, audience listening
8. SOUNDBITE (English) Ban Ki-moon, United Nations Secretary-General”
“We must help Haitian people. We must bring access to water sanitation and health care within reach of every Haitian. We are here today to help make that happen.”

FILE – WORLD BANK – 2012, NEPAL

9. Wide shot, building construction
10. Med shot, road paving

FILE – WORLD BANK – 2010, MALI

11. Wide shot, man monitoring energy equipment
12. Med shot, man monitoring energy equipment
13. Close up, man pressing switches on equipment

9 OCTOBER 2014, WASHINGTON DC

14. SOUNDBITE (English) Jim Yong Kim, President, World Bank Group:
“Institutional investors have deep pockets – insurance and pension funds have some 80 trillion in assets – but less than 1 percent of pension funds are allocated directly to infrastructure projects, and the bulk of that is in advanced countries. We’ve been hearing loud and clear that the money’s out there. The real challenge is not a matter of money but a lack of bankable projects, a sufficient supply of commercially viable and sustainable infrastructure investments. The GIF is a new concept that can be piloted quickly and does not require tens of billions in new resources. The aim is to crowd in the tens of billions – or more, potentially – that’s now sitting on the sidelines waiting for good investments, and we can bring those investments off the sidelines by addressing issues like risks.”

FILE – WORLD BANK – 2011, INDIA

15. Wide shot, train
16. Med shot, people getting off train

FILE – WORLD BANK – 2010, LAGOS, NIGERIA

17. Wide shot, road paving
18. Wide shot, buses

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Storyline

A 50 million dollar pledge by the World Bank Group will go toward clean water and improved sanitation in Haiti to fight diseases such as cholera that are a leading cause of death of children.

Speaking today (9 Oct) in Washington DC, World Bank Group President Jim Yong Kim said “by extending our fight against cholera to all waterborne disease we will improve access to healthcare and strengthen Haiti’s water and sanitation systems. As a development community we must support universal access to clean water, sanitation and other basic health services.”

United Nations Secretary General Ban Ki-moon and Bank Group President Jim Yong Kim chaired a conference at the Bank’s Annual Meetings in Washington, DC to also raise money from leading partners to help improve Haitian health initiatives.

Ban said “we must help Haitian people. We must bring access to water sanitation and health care within reach of every Haitian. We are here today to help make that happen.”

The World Bank also announced a Global Infrastructure Facility, or GIF, that potentially paves the way for private investors to fund trillions of dollars’ worth of infrastructure – such as roads, transportation and energy grids – in the developing world.

Jim Yong Kim said “institutional investors have deep pockets – insurance and pension funds have some 80 trillion in assets – but less than 1 percent of pension funds are allocated directly to infrastructure projects, and the bulk of that is in advanced countries.”

He added “we’ve been hearing loud and clear that the money’s out there. The real challenge is not a matter of money but a lack of bankable projects, a sufficient supply of commercially viable and sustainable infrastructure investments.”
Kim explained that the GIF is a new concept that can be piloted quickly and does not require tens of billions in new resources.

He added “the aim is to crowd in the tens of billions – or more, potentially – that’s now sitting on the sidelines waiting for good investments, and we can bring those investments off the sidelines by addressing issues like risks.”

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WORLD BANK
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MAMS Id
1198088