World Bank WB

The World Bank is an international financial institution tasked with both reducing poverty and fostering sustainable economic growth. The body issues loans, grants, and technical assistance to developing countries and also supports projects in the infrastructure, education, healthcare, and agriculture sectors. Additionally, the World Bank plays a key role in encouraging trade and investment worldwide, both key functions for boosting economic growth and alleviating poverty. This year, the World Bank committee will focus on rebuilding Yemeni infrastructure and examining climate finance in the Global South and how these topics can permit the World Bank to achieve its mission of combating poverty and achieving sustainable growth in developing nations.

Topic A: Reconstruction of Infrastructure in Yemen
Due to numerous conflicts in the 2010s, the Middle East’s regional infrastructure has been rendered severely damaged, disrupting essential services like healthcare, transportation, and clean water access. Rebuilding these vital systems is key to stabilizing the region and fostering long-term recovery for its citizens. However, the reconstruction process presents several challenges, including how to allocate resources effectively, ensure aid reaches all parts in an equitable and efficient manner, and rebuild the fraying public trust in public institutions. This topic will provide delegates the opportunity to discuss strategies for mobilizing international support for the Middle East’s infrastructure recovery, balancing immediate humanitarian needs with a sustainable model for development, and ensuring that the process achieved is both inclusive and transparent.

Topic B: Climate Finance in the Global South
Climate change’s growing consequences have disproportionately affected countries in the Global South, which have tended to lack the resources to adequately adapt and respond to these environmental calamities. As a result, climate finance plays a critical role in helping these nations mitigate potential risks, build resilience in the future, and foster a sustainable path of economic development. This includes designing funding mechanisms that balance grants and loans, mobilizing private sector investment, and ensuring that resources are used effectively for long-term climate adaptation and disaster prevention. This topic will give delegates the opportunity to discuss how the World Bank can better structure climate finance to meet the needs of vulnerable countries while ensuring equitable and sustainable growth.

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