Over 80% of worldwide new coal-fired power plants due to begin operating between now and 2020 will be in middle-income countries in Asia: China, India, Indonesia, Vietnam, Philippines and Pakistan. Together with the existing plants in operation in these countries, this will lock-in 260 gigatons of carbon dioxide emissions over their remaining lifetimes, which would exceed the carbon budget available to the power sector to be consistent with limiting global warming within 2 degrees.
Korea, Republic of
Haiti’s garment industry, responsible for 88 percent of Haitian exports,1 received a crippling blow from the January 12, 2010 earthquake. The Government of Haiti (GOH) gave a high priority to the sector, which is the country’s largest employer, and wanted to attract investment to revitalize exports and create jobs. Through the World Bank’s ongoing Hemispheric Opportunity through Partnership Encouragement (HOPE) project,2 the GOH approached the Bank to facilitate a knowledge exchange with Brazil and Korea, well known for the competitiveness of their garment sectors.
Growth in the Information Technology and Business Process Outsourcing sector (IT-BPO) can transform a country’s economy and improve the lives of its citizens. No country is a better example than India, which has achieved phenomenal growth in this sector. As of 2010, India could boast of a 64 percent share of globally off-shored IT services and a 37 percent share in IT-enabled services (ITES)1. Skills development has been a key driver of that growth.