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Remarks by World Bank Group President David Malpass at High-level Event on Jobs and Social Protection for Poverty Eradication (Inglés)

These remarks were delivered by World Bank Group President David Malpass at High-level Event on Jobs and Social Protection for Poverty Eradication on September 28, 2021. He spoke about Coronavirus (COVID-19) pandemic that has disrupted the labor market and highlighted the challenge of creating jobs. He said that the World Bank has worked with countries to promote social protection, livelihoods and jobs, and financial inclusion investments. He mentioned that in response to Coronavirus (COVID-19) severely damaging the lives and livelihoods of millions of people in developing countries, the World Bank Group deployed over one hundred fifty-seven billion to fight the pandemic’s health, economic and social impacts. He said that the World Bank is working with partners to help countries recover in ways that will be sustainable, greener and more prosperous. He highlighted on five critical areas that need to be focused on even as the world of work is rapidly changing due to technological and demographic change, climate change, urbanization, and globalization. As co-chair of the Universal Social Protection 2030 partnership, he concluded by stressing that international collaboration on jobs and social protection is vital.

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