World Bank Group Prioritizes Poor Northeast in New Partnership Strategy for Brazil

The World Bank Group has approved a new country partnership strategy for Brazil. It promises special attention to the northeast region, which is home to 59 percent of the nation’s extreme poor.

The new CPS will guide the World Bank Group’s operations in Brazil for fiscal 2012-2015. It has four strategic objectives:

  • Improve service quality and coverage for low-income population, including preschool services, public family health care system, and affordable low-income housing.

  • Reduce economic and social gaps between the northeast and richer regions by increasing access to sewage treatment services and promoting competitiveness-enhancing investments in transport and clean energy.

  • Better natural resource management and climate event preparedness by providing support for the reduction of Brazilian agriculture’s carbon footprint, expanding areas under environmental protection and improving prevention and resilience to natural disasters.

  • Increase efficiency of public and private investments, such as through public-private partnerships.

The CPS will have a budget of $8 billion, comprising financing from the International Bank for Reconstruction and Development and International Finance Corp.

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  • Eliza Villarino

    Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.