{"id":37426,"date":"2023-06-29T16:59:05","date_gmt":"2023-06-29T14:59:05","guid":{"rendered":"https:\/\/www.wfeo.org\/?p=37426"},"modified":"2023-07-06T11:45:04","modified_gmt":"2023-07-06T09:45:04","slug":"letter-from-wfeo-president-jose-vieira-unified-agenda-can-draw-out-more-cash-for-developing-nations","status":"publish","type":"post","link":"https:\/\/www.wfeo.org\/letter-from-wfeo-president-jose-vieira-unified-agenda-can-draw-out-more-cash-for-developing-nations\/","title":{"rendered":"Letter from WFEO President Jos\u00e9 Vieira: Unified agenda can draw out more cash for developing nations"},"content":{"rendered":"<p><a href=\"https:\/\/www.ft.com\/content\/38ac47d1-6ea9-4f42-bf8a-959c040ee505\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.wfeo.org\/wp-content\/uploads\/cf04198e-0e8f-4931-8f0f-aa1aba229712-1024x990.jpg\" alt=\"\" width=\"1024\" height=\"990\" class=\"aligncenter size-large wp-image-29937\" srcset=\"https:\/\/www.wfeo.org\/wp-content\/uploads\/cf04198e-0e8f-4931-8f0f-aa1aba229712-1024x990.jpg 1024w, https:\/\/www.wfeo.org\/wp-content\/uploads\/cf04198e-0e8f-4931-8f0f-aa1aba229712-300x290.jpg 300w, https:\/\/www.wfeo.org\/wp-content\/uploads\/cf04198e-0e8f-4931-8f0f-aa1aba229712-768x743.jpg 768w, https:\/\/www.wfeo.org\/wp-content\/uploads\/cf04198e-0e8f-4931-8f0f-aa1aba229712-36x36.jpg 36w, https:\/\/www.wfeo.org\/wp-content\/uploads\/cf04198e-0e8f-4931-8f0f-aa1aba229712-1536x1486.jpg 1536w, https:\/\/www.wfeo.org\/wp-content\/uploads\/cf04198e-0e8f-4931-8f0f-aa1aba229712-2048x1981.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><br \/>\n&nbsp;<br \/>\n<i>See below a letter published on 27 June 2023 in the Financial Times, written by WFEO President Jos\u00e9 Vieira.<\/i><br \/>\n&nbsp;<br \/>\nMartin Wolf rang the alarm bell when he wrote that \u201cdeveloping nations have hit the rocks\u201d (<a href=\"https:\/\/www.ft.com\/content\/3bd28362-c006-44c3-9f7f-a89a78452600\" rel=\"noopener\" target=\"_blank\">Opinion<\/a>, June 14). We need a new global financial pact that addresses the full range of crises that are affecting developing nations. The challenges highlighted in the World Bank\u2019s Global Economic Prospects report are an urgent call for every sector of society to step up and do their part to solve these intertwined problems.<\/p>\n<p>Ajay Banga, the new president of the World Bank, has taken the job at a historical inflection point. He should seize the moment and join the regional development banks to inaugurate a unified agenda around climate and disaster-resilient infrastructure that combines climate action and poverty alleviation. More capital will be attracted if policies and projects reflect a higher standard of performance and a new unifying vision for people and the planet.<br \/>\n&nbsp;<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.wfeo.org\/wp-content\/uploads\/https___d1e00ek4ebabms.cloudfront.net_production_6a4f2c3f-8ed0-4a0e-a816-42020586e3ef.webp\" alt=\"\" width=\"1400\" height=\"788\" class=\"aligncenter size-full wp-image-37428\" srcset=\"https:\/\/www.wfeo.org\/wp-content\/uploads\/https___d1e00ek4ebabms.cloudfront.net_production_6a4f2c3f-8ed0-4a0e-a816-42020586e3ef.webp 1400w, https:\/\/www.wfeo.org\/wp-content\/uploads\/https___d1e00ek4ebabms.cloudfront.net_production_6a4f2c3f-8ed0-4a0e-a816-42020586e3ef-300x169.webp 300w, https:\/\/www.wfeo.org\/wp-content\/uploads\/https___d1e00ek4ebabms.cloudfront.net_production_6a4f2c3f-8ed0-4a0e-a816-42020586e3ef-1024x576.webp 1024w, https:\/\/www.wfeo.org\/wp-content\/uploads\/https___d1e00ek4ebabms.cloudfront.net_production_6a4f2c3f-8ed0-4a0e-a816-42020586e3ef-768x432.webp 768w\" sizes=\"auto, (max-width: 1400px) 100vw, 1400px\" \/><br \/>\n<i>Ajay Banga, World Bank president \u00a9 Christophe Ena\/AP<\/i><br \/>\n&nbsp;<br \/>\nThe World Federation of Engineering Organizations, a UNESCO associate NGO representing 30 M engineers around the globe, is ready to work with government leaders and financial institutions to plan, design and build infrastructure that is vital to the future wellbeing of developing nations.<\/p>\n<p>Every person in the developing world needs clean water for health, clean energy for transportation and electricity, and climate and disaster-resilient infrastructure for basic goods and essential services.<\/p>\n<p>New values for environmental protection and restoration must stand side by side with social inclusion to ensure that no country or vulnerable population is left behind.<\/p>\n<p>With more funds from governments, the World Bank and regional development banks can blend and mobilise public and private sector funding to provide developing nations with the ability to deal with debt, growth and development challenges.<br \/>\n&nbsp;<br \/>\n<i>Letter from <a href=\"https:\/\/www.wfeo.org\/jose_vieira\/\" rel=\"noopener\" target=\"_blank\">WFEO President Jos\u00e9 Vieira<\/a><\/i><br \/>\n&nbsp;<br \/>\n<i>Courtesy of the <a href=\"https:\/\/www.ft.com\/\" rel=\"noopener\" target=\"_blank\">Financial Times<\/a>.<br \/>\nCopyright The Financial Times Limited 2023. All rights reserved.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\n&nbsp;<br \/>\nSee below a letter published on 27 June 2023 in the Financial Times, written by WFEO President Jos\u00e9 Vieira.<br \/>\n&nbsp;<br \/>\nMartin Wolf rang the alarm bell when he wrote that \u201cdeveloping nations have hit the rocks\u201d (Opinion, June 14). We need a new global financial pact that addresses the full range of crises that are affecting developing nations. The challenges highlighted in the World Bank\u2019s Global Economic Prospects report are an urgent call for every sector of society &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-37426","post","type-post","status-publish","format-standard","hentry","category-event-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Letter from WFEO President Jos\u00e9 Vieira: Unified agenda can draw out more cash for developing nations - WFEO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wfeo.org\/letter-from-wfeo-president-jose-vieira-unified-agenda-can-draw-out-more-cash-for-developing-nations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Letter from WFEO President Jos\u00e9 Vieira: Unified agenda can draw out more cash for developing nations - WFEO\" \/>\n<meta property=\"og:description\" content=\"&nbsp; See below a letter published on 27 June 2023 in the Financial Times, written by WFEO President Jos\u00e9 Vieira. &nbsp; Martin Wolf rang the alarm bell when he wrote that \u201cdeveloping nations have hit the rocks\u201d (Opinion, June 14). 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