Poverty? Climate Disaster? Are World Bank Bonds the Solution?

Jorge Familiar, VP and Treasurer of the World Bank, shares insights on tackling extreme poverty and climate change by 2030. He discusses the World Bank's evolving mission to prioritize grassroots perspectives in development aid. Innovative financing through outcome-based bonds, like rhino and catastrophe bonds, is explored for sustainable impact. Jorge emphasizes the crucial link between climate considerations and poverty reduction, while highlighting ethical challenges faced by marginalized groups in international lending.