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98-671: The Nhamini-wi is, according to indigenous oral history, an ancient trail leading from the Amazon jungle to the mountains in the west. Indigenous peoples in Brazil and Colombia from the upper Rio Negro , such as the Tukano people and the Pira-tapuya , have a common narrative that their elders tell about the Nhamini-wi, which that led west to the "house of the night." The house was so called because that

196-611: A warlike tribe that expanded along the Tapajós river and its tributaries and were feared by neighboring tribes. In the early 19th century, the Munduruku were pacified and subjugated by the Brazilians. During the Amazon rubber boom it is estimated that diseases brought by immigrants, such as typhus and malaria , killed 40,000 native Amazonians. In the 1950s, Brazilian explorer and defender of indigenous people, Cândido Rondon , supported

294-539: A Country Assistance Strategy is produced in cooperation with the local government and any interested stakeholders and may rely on analytical work performed by the bank or other parties. The World Bank's negative pledge clause prohibits its debtor countries from using public assets to repay other creditors before they repay the World Bank. The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries . It

392-619: A balanced budget and give priority of debt repayment to the World Bank over other governments. World Bank staff closely monitored the use of the funds to ensure that the French government met the conditions. In addition, before the loan was approved, the United States Department of State told the French government that its members associated with the Communist Party would first have to be removed. The French government complied and removed

490-706: A complex civilization was flourishing along the Amazon in the 1540s. The Pre-Columbian agriculture in the Amazon Basin was sufficiently advanced to support prosperous and populous societies. It is believed that civilization was later devastated by the spread of diseases from Europe, such as smallpox . This civilization was investigated by the British explorer Percy Fawcett in the early twentieth century. The results of his expeditions were inconclusive, and he disappeared mysteriously on his last trip. His name for this lost civilization

588-422: A hazard. Among the largest predatory creatures are the black caiman , jaguar , cougar , and anaconda . In the river, electric eels can produce an electric shock that can stun or kill, while piranha are known to bite and injure humans. Various species of poison dart frogs secrete lipophilic alkaloid toxins through their flesh. There are also numerous parasites and disease vectors. Vampire bats dwell in

686-433: A long time, it was thought that the Amazon rainforest was never more than sparsely populated, as it was impossible to sustain a large population through agriculture given the poor soil. Archeologist Betty Meggers was a prominent proponent of this idea, as described in her book Amazonia: Man and Culture in a Counterfeit Paradise . She claimed that a population density of 0.2 inhabitants per square kilometre (0.52/sq mi)

784-621: A result, reducing inequality, in this definition, had become an integral part of the World Bank’s objectives and effectively “broadened its mandate”. The World Bank has been criticized for not embracing the reduction of inequality (be it economic inequality within a country, or international inequality between countries) as a goal. Instead, the bank has taken an instrumental approach to the issue, in which inequality policies were seen as useful as long as they contributed to reducing (extreme) poverty or promoting average economic growth. As part of

882-615: Is based on economic size in addition to the International Development Association contributions. The following table shows the subscriptions of the top 20 member countries of the World Bank by voting power in the following World Bank institutions as of December 2014 or March 2015: the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC),

980-774: Is believed that the drainage basin of the Amazon was split along the middle of the continent by the Purus Arch . Water on the eastern side flowed toward the Atlantic , while to the west water flowed toward the Pacific across the Amazonas Basin . As the Andes Mountains rose, however, a large basin was created that enclosed a lake; now known as the Solimões Basin . Within the last 5–10 million years, this accumulating water broke through

1078-519: Is considerable, and areas cleared of forest are visible to the naked eye from outer space. In the 1970s, construction began on the Trans-Amazonian highway . This highway represented a major threat to the Amazon rainforest. The highway still has not been completed, limiting the environmental damage. Between 1991 and 2000, the total area of forest lost in the Amazon rose from 415,000 to 587,000 km (160,000 to 227,000 sq mi), with most of

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1176-426: Is estimated at 356 ± 47 tonnes per hectare. To date, an estimated 438,000 species of plants of economic and social interest have been registered in the region with many more remaining to be discovered or catalogued. The total number of tree species in the region is estimated at 16,000. The green leaf area of plants and trees in the rainforest varies by about 25% as a result of seasonal changes. Leaves expand during

1274-734: Is listed in the Registry of Research Data Repositories re3data.org. The World Bank also endorses the Principles for Digital Development . Together with the World Health Organization , the World Bank administers the International Health Partnership (IHP+). IHP+ is a group of partners committed to improving the health of citizens in developing countries. Partners work together to put international principles for aid effectiveness and development cooperation into practice in

1372-459: Is primarily voluntary. Based on an agreement between the United Nations and the World Bank in 1981, Development Business became the official source for World Bank Procurement Notices, Contract Awards, and Project Approvals. In 1998, the agreement was renegotiated, and included in this agreement was a joint venture to create an online version of the publication. Today, Development Business

1470-571: Is the conversion of forested areas to non-forested areas. The main sources of deforestation in the Amazon are human settlement and the development of the land. In 2022, about 20% of the Amazon rainforest has already been deforested and a further 6% was "highly degraded". Research suggests that upon reaching about 20–25% (hence 0–5% more), the tipping point to flip it into a non-forest ecosystem – degraded savannah – (in eastern, southern and central Amazonia) will be reached. This process of savanisation would take decades to take full effect. Prior to

1568-643: Is the largest and best-known development bank in the world and an observer at the United Nations Development Group . The bank is headquartered in Washington, D.C. , in the United States . It provided around $ 98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity. Total lending as of 2015 for

1666-638: Is the maximum that can be sustained in the rainforest through hunting, with agriculture needed to host a larger population. However, recent anthropological findings have suggested that the region was actually densely populated. The Upano Valley sites in present-day eastern Ecuador predate all known complex Amazonian societies. Some 5 million people may have lived in the Amazon region in AD 1500, divided between dense coastal settlements, such as that at Marajó , and inland dwellers. Based on projections of food production, one estimate suggests over 8 million people living in

1764-480: Is the primary publication for all major multilateral development banks, U.N. agencies, and several national governments, many of which have made the publication of their tenders and contracts in Development Business a mandatory requirement. The World Bank collects and processes large amounts of data and generates them on the basis of economic models. These data and models have gradually been made available to

1862-471: Is where the sun disappeared for several days, leaving the people in total darkness. Large groups of soldiers traveled this road carrying loads of baskets filled with “insects of gold”. It is said that they would take them to the mountains to be given as gifts to the Gods so as not to darken the sun again. But opening these baskets before they arrived would cause the sun to leave. Many tribes’ narratives say that some of

1960-426: The 2030 Agenda , Sustainable Development Goal 10 aims at reducing inequalities within countries and among countries. World Bank officials participated in the negotiations for SDG 10 in the years prior to 2015. They advocated for the adoption of the bank's own preferred benchmarks. This ensured that other organizations would evaluate their success based on the bank’s own definition of inequality. Some have argued that

2058-451: The Amazon region . 19th century Brazilian writer Barbosa Rodrigues wrote about ruins that existed in the forests north of Rio Negro . In 1977 artist and explorer Roland Stevenson traveled up the Rio Negro in search of the same stone ruins. Led by indigenous guides he found old and collapsed stone walls that were dotted every twenty kilometers along an east to western line. The existence of

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2156-455: The Amazons of Greek mythology , described by Herodotus and Diodorus . Based on archaeological evidence from an excavation at Caverna da Pedra Pintada , human inhabitants first settled in the Amazon region at least 11,200 years ago. Subsequent development led to late-prehistoric settlements along the periphery of the forest by AD 1250, which induced alterations in the forest cover . For

2254-479: The Communist coalition government —the so-called tripartite . Within hours, the loan to France was approved. From 1974 to 1980, the bank concentrated on meeting the basic needs of people in the developing world . The size and number of loans to borrowers greatly increased, as loan targets expanded from infrastructure into social services and other sectors. These changes can be attributed to Robert McNamara , who

2352-521: The Eocene era (from 56 million years to 33.9 million years ago). It appeared following a global reduction of tropical temperatures when the Atlantic Ocean had widened sufficiently to provide a warm, moist climate to the Amazon basin. The rainforest has been in existence for at least 55 million years, and most of the region remained free of savanna -type biomes at least until the current ice age when

2450-699: The International Development Association (IDA), and the Multilateral Investment Guarantee Agency (MIGA). Member countries are allocated votes at the time of membership and subsequently for additional subscriptions to capital (one vote for each share of capital stock held by the member). The World Bank plays a significant role in global economic governance due to its broad mandate, its vast resource base, its frequent and regular interactions with governments as clients, and its myriad publications and databases. In 2020,

2548-599: The Peruvian Amazon ), indigenous peoples ' rainforest communities continue to disappear, while others, like the Urarina continue to struggle to fight for their cultural survival and the fate of their forested territories. Meanwhile, the relationship between non-human primates in the subsistence and symbolism of indigenous lowland South American peoples has gained increased attention, as have ethno-biology and community-based conservation efforts. World Bank As of 2022 ,

2646-565: The Villas-Bôas brothers ' campaign, which faced strong opposition from the government and the ranchers of Mato Grosso and led to the establishment of the first Brazilian National Park for indigenous people along the Xingu River in 1961. In 1961, British explorer Richard Mason was killed by an uncontacted Amazon tribe known as the Panará . The Matsés made their first permanent contact with

2744-517: The health sector . IHP+ mobilizes national governments, development agencies, civil society, and others to support a single, country-led national health strategy in a well-coordinated way. In September 2020, during the COVID-19 pandemic , the World Bank announced a $ 12 billion plan to supply "low and middle income countries" with a vaccine once it was approved. In June 2022, the bank reported that $ 10.1 billion had been allocated to supply 78 countries with

2842-528: The rainforest . This region includes territory belonging to nine nations and 3,344 indigenous territories . The majority of the forest, 60%, is in Brazil , followed by Peru with 13%, Colombia with 10%, and with minor amounts in Bolivia , Ecuador , French Guiana , Guyana , Suriname , and Venezuela . Four nations have " Amazonas " as the name of one of their first-level administrative regions , and France uses

2940-434: The release of the carbon contained within the vegetation, which could accelerate global warming . Amazonian evergreen forests account for about 10% of the world's terrestrial primary productivity and 10% of the carbon stores in ecosystems – of the order of 1.1 × 10 metric tonnes of carbon. Amazonian forests are estimated to have accumulated 0.62 ± 0.37 tons of carbon per hectare per year between 1975 and 1996. In 2021 it

3038-648: The role of humans in climate change ". In 2023, a new president was appointed: Ajay Banga . His term began on 2 June 2023. He was supported by the American president Joe Biden partly because he supports climate action . He is also expected to help low-income countries deal with debts. He is the first Indian American to lead the bank. The vice presidents of the bank are its principal managers, in charge of regions, sectors, networks and functions. There are two executive vice presidents, three senior vice presidents, and 24 vice presidents. The boards of directors consist of

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3136-461: The 2000s. Oil companies have to set up their operations by opening new roads through the forests, which often contributes to deforestation in the region. 9.4% of the territory of the Amazon is affected by oil fields. Mining is also a major driver of deforestation. 17% of the area of the Amazon Rainforest is affected by mining. The transition to solar and wind energy, digitalization, raised

3234-455: The Amazon in 1492. By 1900, the native indigenous population had fallen to 1 million and by the early 1980s it was less than 200,000. The first European to travel the length of the Amazon River was Francisco de Orellana in 1542. The BBC's Unnatural Histories presents evidence that Orellana, rather than exaggerating his claims as previously thought, was correct in his observations that

3332-516: The Amazon rainforest are probably the result of centuries of human management, rather than naturally occurring as has previously been supposed. In the region of the Xingu tribe, remains of some of these large settlements in the middle of the Amazon forest were found in 2003 by Michael Heckenberger and colleagues of the University of Florida . Among those were evidence of roads, bridges and large plazas. In

3430-704: The Amazon rainforest comes from the Bodélé depression in Northern Chad in the Sahara desert. The dust contains phosphorus , important for plant growth. The yearly Sahara dust replaces the equivalent amount of phosphorus washed away yearly in Amazon soil from rains and floods. NASA's CALIPSO satellite has measured the amount of dust transported by wind from the Sahara to the Amazon: an average of 182 million tons of dust are windblown out of

3528-532: The Amazon rainforest could become unsustainable under conditions of severely reduced rainfall and increased temperatures, leading to an almost complete loss of rainforest cover in the basin by 2100., and severe economic, natural capital and ecosystem services impacts of not averting the tipping point. However, simulations of Amazon basin climate change across many different models are not consistent in their estimation of any rainfall response, ranging from weak increases to strong decreases. The result indicates that

3626-460: The Amazon rainforest, rather than being a pristine wilderness , has been shaped by man for at least 11,000 years through practices such as forest gardening and terra preta . Terra preta is found over large areas in the Amazon forest; and is now widely accepted as a product of indigenous soil management . The development of this fertile soil allowed agriculture and silviculture in the previously hostile environment; meaning that large portions of

3724-561: The Amazon region. In August 2019 there were a record number of fires. Deforestation in the Brazilian Amazon rose more than 88% in June 2019 compared with the same month in 2018. The increased area of fire-impacted forest coincided with a relaxation of environmental regulations from the Brazilian government. Notably, before those regulations were put in place in 2008 the fire-impacted area

3822-432: The Amazon, which are subdivided into 9 different national political systems and 3,344 formally acknowledged indigenous territories . Indigenous peoples make up 9% of the total population, and 60 of the groups remain largely isolated. Large scale deforestation is occurring in the forest, creating different harmful effects. Economic losses due to deforestation in Brazil could be approximately 7 times higher in comparison to

3920-759: The Amazonas, there has been fighting and wars between the neighboring tribes of the Jivaro . Several tribes of the Jivaroan group, including the Shuar , practised headhunting for trophies and headshrinking . The accounts of missionaries to the area in the borderlands between Brazil and Venezuela have recounted constant infighting in the Yanomami tribes. More than a third of the Yanomamo males, on average, died from warfare. The Munduruku were

4018-677: The IMF are both based in Washington, D.C., and work closely with each other. Although many countries were represented at the Bretton Woods Conference, the United States and United Kingdom were the most powerful in attendance and dominated the negotiations. The intention behind the founding of the World Bank was to provide temporary loans to low-income countries that could not obtain loans commercially. The bank may also make loans and demand policy reforms from recipients. In its early years,

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4116-630: The Nhamini-wi supports theories of the existence of Inca roads that traveled far into the Amazon Basin . It also supports the possibility of the reality of the legendary city of El Dorado near Lake Parime. Amazon jungle The Amazon rainforest , also called Amazon jungle or Amazonia , is a moist broadleaf tropical rainforest in the Amazon biome that covers most of the Amazon basin of South America . This basin encompasses 7,000,000 km (2,700,000 sq mi), of which 6,000,000 km (2,300,000 sq mi) are covered by

4214-611: The Purus Arch, joining the easterly flow toward the Atlantic. There is evidence that there have been significant changes in the Amazon rainforest vegetation over the last 21,000 years through the last glacial maximum (LGM) and subsequent deglaciation. Analyses of sediment deposits from Amazon basin paleolakes and the Amazon Fan indicate that rainfall in the basin during the LGM was lower than for

4312-581: The Sahara each year (some dust falls into the Atlantic), 15% of which of falls over the Amazon basin (22 million tons of it consisting of phosphorus). CALIPSO uses a laser range finder to scan the Earth's atmosphere for the vertical distribution of dust and other aerosols. and regularly tracks the Sahara-Amazon dust plume. CALIPSO has measured variations in the dust amounts transported – an 86 percent drop between

4410-574: The United States (15.85%), Japan (6.84%), China (4.42%), Germany (4.00%), the United Kingdom (3.75%), France (3.75%), India (2.91%), Russia (2.77%), Saudi Arabia (2.77%) and Italy (2.64%). Under the changes, known as 'Voice Reform – Phase 2', countries other than China that saw significant gains included South Korea , Turkey, Mexico , Singapore, Greece , Czech Republic , Hungary , Brazil, India , and Spain. Most developed countries' voting power

4508-473: The World Bank Group president and 25 executive directors. The president is the presiding officer, and ordinarily has no vote except to break a tie. The executive directors as individuals cannot exercise any power or commit or represent the bank unless the boards specifically authorized them to do so. With the term beginning 1 November 2010, the number of executive directors increased by one, to 25. In 2020,

4606-538: The World Bank had 12,300 full-time staff, and it operated in 145 countries. Some notable politicians who worked for the World Bank include: The International Bank for Reconstruction and Development (IBRD) has 189 member countries, while the International Development Association (IDA) has 174. Each member state of IBRD should also be a member of the International Monetary Fund (IMF) and only members of IBRD are allowed to join other institutions within

4704-525: The World Bank is run by a president and 25 executive directors, as well as 29 various vice presidents. IBRD and IDA have 189 and 174 member countries, respectively. The U.S., Japan, China, Germany and the U.K. have the most voting power. The bank aims loans at developing countries to help reduce poverty. The bank is engaged in several global partnerships and initiatives, and takes a role in working toward addressing climate change . The World Bank hosts an Open Knowledge Repository for its publications. In 2020,

4802-524: The World Bank reduced the transformative potential of SDG 10 during the agenda-setting stage. The bank has stated its ambition to help catalyze the SDGs through “thought leadership, global convening, and country-level uptake”. In general, the World Bank strategically uses the power of the Sustainable Development Goals (SDGs) in its favor to reinforce its own policies or interests while minimizing

4900-674: The World Bank's 2012 annual meeting in Tokyo, a review of these safeguards was initiated, which was welcomed by several civil society organisations. As a result, the World Bank developed a new Environmental and Social Framework, which has been in implementation since 1 October 2018. The World Bank or the World Bank Group is also a sitting observer in the United Nations Sustainable Development Group . Beginning in 1989, in response to harsh criticism from many groups,

4998-404: The World Bank’s total commitments amounted to USD 77.1 billion and it operated in 145 countries. World Bank projects cover a range of areas from building schools to fighting disease, providing water and electricity, and environmental protection , and as such, they are linked to most of the Sustainable Development Goals . As a guideline to the World Bank's operations in any particular country,

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5096-490: The World Bank’s total commitments amounted to USD 77.1 billion, it had 12,300 full-time staff, and it operated in 145 countries. World Bank projects cover a range of areas from building schools to fighting disease, providing water and electricity, and environmental protection , and as such, they are linked to most of the Sustainable Development Goals . The World Bank has been criticized as promoting inflation and harming economic development . There has also been criticism of

5194-407: The area and so the lower the yield per hectare becomes. So despite the popular perception, there has been no economical advantage for Brazil from logging rainforest zones and converting these to pastoral fields. The needs of soy farmers have been used to justify many of the controversial transportation projects that are currently developing in the Amazon. The first two highways successfully opened up

5292-530: The bank (such as IDA). The five United Nations member states that are not members of the World Bank are Andorra, Cuba, Liechtenstein, Monaco, and North Korea. Kosovo is not a member of the UN, but is a member of the IMF and the World Bank Group, including the IBRD and IDA. In 2010, voting powers at the World Bank were revised to increase the voice of developing countries, notably China. The countries with most voting power are now

5390-518: The bank began including environmental groups and NGOs in its loans to mitigate the past effects of its development policies that had prompted the criticism. It also formed an implementing agency, in accordance with the Montreal Protocols, to stop ozone-depletion damage to the Earth's atmosphere by phasing out the use of 95% of ozone-depleting chemicals, with a target date of 2015. Since then, in accordance with its so-called "Six Strategic Themes",

5488-510: The bank has put various additional policies into effect to preserve the environment while promoting development. For example, in 1991, the bank announced that to protect against deforestation , especially in the Amazon , it would not finance any commercial logging or infrastructure projects that harm the environment. For the poorest developing countries in the world, the bank's assistance plans are based on poverty reduction strategies ; by combining an analysis of local groups with an analysis of

5586-516: The bank made a slow start for two reasons: it was underfunded, and there were leadership struggles between the US executive director and the president of the organization. When the Marshall Plan went into effect in 1947, many European countries began receiving aid from other sources. Faced with this competition, the World Bank shifted its focus to non-European allies. Until 1968, its loans were earmarked for

5684-449: The bank's Chief Economist, Hollis B. Chenery , with Anne Krueger was an example of this new focus. Krueger was known for her criticism of development funding and for describing developing countries' governments as " rent-seeking states". During the 1980s, the bank emphasized lending to service debt of developing countries, and structural adjustment policies designed to streamline the economies of developing nations. UNICEF reported in

5782-408: The bank's governance and response to the COVID-19 pandemic . The current president (starting in 2023) is Ajay Banga who is known to support climate action , unlike his predecessor David Malpass . The World Bank was created at the 1944 Bretton Woods Conference , along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American . The World Bank and

5880-410: The bank. Traditionally, based on a tacit understanding between the United States and Europe, the president of the World Bank has been selected from candidates nominated by the United States, the largest shareholder in the bank. This is significant because the World Bank tends to lend more readily to countries that are friendly with the United States, not because of direct U.S. influence but because of

5978-477: The baskets were opened and the resulting darkness caused the trail to never be used again. The Tukano tribe says that the trail began at axpeko-dixtara , the "Lake of Milk" in the east, believed to be Lake Parime . The trail is also known as the "trail of tears" due to large groups of widows that were told to have traveled by it. The location of this pre-Columbian road is believed to be in Northern Brazil in

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6076-400: The chance of being itself reshaped or transformed by these goals. Scholars found that the World Bank used the growing momentum of the (SDGs) to further its strategic objectives without being influenced by the SDGs in turn. Also, the bank engaged with the SDGs selectively; efforts to integrate the goals into organizational practices remained limited; and their inclusion in country-level processes

6174-471: The climate was drier and savanna more widespread. Following the Cretaceous–Paleogene extinction event , the extinction of the dinosaurs and the wetter climate may have allowed the tropical rainforest to spread out across the continent. From 66 to 34 Mya , the rainforest extended as far south as 45° . Climate fluctuations during the last 34 million years have allowed savanna regions to expand into

6272-437: The construction of infrastructure works, such as seaports, highway systems, and power plants, that would generate enough income to enable a borrower country to repay the loan. In 1960, the International Development Association was formed (as opposed to a UN fund named SUNFED), providing soft loans to developing countries . Before 1974, the reconstruction and development loans the World Bank made were relatively small. Its staff

6370-504: The cost of all commodities produced through deforestation. In 2023, the World Bank published a report proposing a non-deforestation based economic program in the region. The name Amazon is said to arise from a war Francisco de Orellana fought with the Tapuyas and other tribes. The women of the tribe fought alongside the men, as was their custom. Orellana derived the name Amazonas from

6468-465: The country's financial and economic situation the World Bank develops a plan pertaining to the country in question. The government then identifies the country's priorities and targets for the reduction of poverty, and the World Bank instigates its aid efforts correspondingly. Forty-five countries pledged US$ 25.1 billion in "aid for the world's poorest countries", aid that goes to the World Bank International Development Association (IDA), which distributes

6566-471: The demand for cassiterite (the main ore of tin used also for financing gold mining ), manganese and copper , which attracrted many illegal miners to the Amazon. This led to deforestation, different environmental and social problems. Hydropower also creates significant problems in the Amazon. Such activities are defined by the World Rainforest Movement as " Green extractivism ". The European Union–Mercosur free trade agreement , which would form one of

6664-421: The dry season when sunlight is at a maximum, then undergo abscission in the cloudy wet season. These changes provide a balance of carbon between photosynthesis and respiration. Each hectare of the Amazon rainforest contains around 1 billion of invertebrates . The amount of species per hectare in the Amazon rainforest can be presented in the next table: The rainforest contains several species that can pose

6762-591: The early 1960s, access to the forest's interior was highly restricted, and the forest remained basically intact. Farms established during the 1960s were based on crop cultivation and the slash and burn method. However, the colonists were unable to manage their fields and the crops because of the loss of soil fertility and weed invasion. The soils in the Amazon are productive for just a short period of time, so farmers are constantly moving to new areas and clearing more land. These farming practices led to deforestation and caused extensive environmental damage. Deforestation

6860-406: The employees of the World Bank. In 2012, for the first time, two non-US citizens were nominated. The nominee is subject to confirmation by the board of executive directors to serve a five-year, renewable term. While most World Bank presidents have had banking experience, some have not. On 23 March 2012, U.S. president Barack Obama announced that the United States would nominate Jim Yong Kim as

6958-411: The highest amount of dust transported in 2007 and the lowest in 2011. This is possibly causing by rainfall variations is the Sahel , a strip of semi-arid land on the southern border of the Sahara.. Amazon phosphorus also comes as smoke due to biomass burning in Africa. Wet tropical forests are the most species-rich biome , and tropical forests in the Americas are consistently more species rich than

7056-723: The last 10 years through Development Policy Financing was approximately $ 117 billion. Its five organizations are: The first two are sometimes collectively referred to as the World Bank. To ensure that World Bank-financed operations do not compromise these goals but instead add to their realisation, the following environmental, social, and legal safeguards were defined: Environmental Assessment, Indigenous Peoples, Involuntary Resettlement, Physical Cultural Resources, Forests, Natural Habitats, Pest Management, Safety of Dams, Projects in Disputed Areas, Projects on International Waterways, and Performance Standards for Private Sector Activities. At

7154-509: The late 1980s that the structural adjustment programs of the World Bank had been responsible for "reduced health, nutritional and educational levels for tens of millions of children in Asia , Latin America , and Africa ". The president of the bank is the president of the entire World Bank Group . The president is responsible for chairing meetings of the boards of directors and for overall management of

7252-719: The loans to eighty poorer countries. Wealthier nations sometimes fund their own aid projects, including those for diseases. Robert B. Zoellick, the former president of the World Bank, said when the loans were announced on 15 December 2007, that IDA money "is the core funding that the poorest developing countries rely on". World Bank organizes the Development Marketplace Awards , a grant program that surfaces and funds development projects with potential for development impact that are scalable and/or replicable. The grant beneficiaries are social enterprises with projects that aim to deliver social and public services to groups with

7350-400: The lost forest becoming pasture for cattle. Seventy percent of formerly forested land in the Amazon, and 91% of land deforested since 1970, have been used for livestock pasture . Currently, Brazil is the largest global producer of soybeans . New research however, conducted by Leydimere Oliveira et al., has shown that the more rainforest is logged in the Amazon, the less precipitation reaches

7448-462: The lowest incomes. In 2013 the bank adopted the concept of Shared Prosperity as one of the World Bank’s “Twin Goals” for that year, with the other one focusing on poverty reduction, aiming to reduce the share of people in extreme poverty to 3 percent of the global population by 2030. The bank defined Shared Prosperity as increasing the income of the bottom 40 percent of the population in each country. As

7546-404: The name " Guiana Amazonian Park " for French Guiana's protected rainforest area. The Amazon represents over half of the total area of remaining rainforests on Earth , and comprises the largest and most biodiverse tract of tropical rainforest in the world, with an estimated 390 billion individual trees in about 16,000 species. More than 30 million people of 350 different ethnic groups live in

7644-405: The next president of the bank. Jim Yong Kim was elected on 27 April 2012 and reelected to a second five-year term in 2017. He announced that he would resign effective 1 February 2019. He was replaced on an interim basis by now-former World Bank CEO Kristalina Georgieva , then by David Malpass on 9 April 2019. David Malpass faced criticism in 2023 as he had "sparked outcry by appearing to question

7742-498: The outside world in 1969. Before that date, they were effectively at-war with the Peruvian government. Nine countries share the Amazon basin—most of the rainforest, 58.4%, is contained within the borders of Brazil. The other eight countries are Peru with 12.8%, Bolivia with 7.7%, Colombia with 7.1%, Venezuela with 6.1%, Guyana with 3.1%, Suriname with 2.5%, French Guiana with 1.4% and Ecuador with 1%. The rainforest likely formed during

7840-411: The present, and this was almost certainly associated with reduced moist tropical vegetation cover in the basin. In present day, the Amazon receives approximately 9 feet of rainfall annually. There is a debate, however, over how extensive this reduction was. Some scientists argue that the rainforest was reduced to small, isolated refugia separated by open forest and grassland; other scientists argue that

7938-527: The public in a way that encourages reuse, whereas the recent publications describing them are available as open access under a Creative Commons Attribution License , for which the bank received the SPARC Innovator 2012 award. The World Bank hosts the Open Knowledge Repository as an official open access repository for its research outputs and knowledge products. The World Bank's repository

8036-438: The rainforest and can spread the rabies virus. Malaria , yellow fever and dengue fever can also be contracted in the Amazon region. The biodiversity in the Amazon is becoming increasingly threatened, primarily by habitat loss from deforestation as well as increased frequency of fires. Over 90% of Amazonian plant and vertebrate species (13,000–14,000 in total) may have been impacted to some degree by fires. Deforestation

8134-464: The rainforest and led to increased settlement and deforestation. The mean annual deforestation rate from 2000 to 2005 (22,392 km or 8,646 sq mi per year) was 18% higher than in the previous five years (19,018 km or 7,343 sq mi per year). Although deforestation declined significantly in the Brazilian Amazon between 2004 and 2014, there has been an increase to the present day. Brazil's President, Jair Bolsonaro, has supported

8232-612: The rainforest could be threatened through the 21st century by climate change in addition to deforestation. In 1989, environmentalist C.M. Peters and two colleagues stated there is economic as well as biological incentive to protecting the rainforest. One hectare in the Peruvian Amazon has been calculated to have a value of $ 6820 if intact forest is sustainably harvested for fruits, latex, and timber; $ 1000 if clear-cut for commercial timber (not sustainably harvested); or $ 148 if used as cattle pasture. As indigenous territories continue to be destroyed by deforestation and ecocide (such as in

8330-409: The rainforest remained largely intact but extended less far to the north, south, and east than is seen today. This debate has proved difficult to resolve because the practical limitations of working in the rainforest mean that data sampling is biased away from the center of the Amazon basin, and both explanations are reasonably well supported by the available data. More than 56% of the dust fertilizing

8428-645: The region. One in five of all bird species are found in the Amazon rainforest, and one in five of the fish species live in Amazonian rivers and streams. Scientists have described between 96,660 and 128,843 invertebrate species in Brazil alone. The biodiversity of plant species is the highest on Earth with one 2001 study finding a quarter square kilometer (62 acres) of Ecuadorian rainforest supports more than 1,100 tree species. A study in 1999 found one square kilometer (247 acres) of Amazon rainforest can contain about 90,790 tonnes of living plants. The average plant biomass

8526-490: The relaxation of regulations placed on agricultural land. He has used his time in office to allow for more deforestation and more exploitation of the Amazon's rich natural resources. Deforestation reached a 15 year high in 2021. Since the discovery of fossil fuel reservoirs in the Amazon rainforest, oil drilling activity has steadily increased, peaking in the Western Amazon in the 1970s and ushering another drilling boom in

8624-512: The tropics. During the Oligocene , for example, the rainforest spanned a relatively narrow band. It expanded again during the Middle Miocene , then retracted to a mostly inland formation at the last glacial maximum . However, the rainforest still managed to thrive during these glacial periods , allowing for the survival and evolution of a broad diversity of species. During the mid-Eocene , it

8722-537: The vaccine The US Treasury has committed $ 667 million for the World Bank's global Pandemic Fund, a third of the $ 2 billion the fund hopes to raise. The Pandemic Fund, established in September 2022, is a collaborative initiative among countries, implementing partners, philanthropies, and civil society organizations. It aims to fund investments that address critical gaps in pandemic prevention, preparedness, and response capacities at national, regional, and global levels, with

8820-714: The wet forests in Africa and Asia. As the largest tract of tropical rainforest in the Americas, the Amazonian rainforests have unparalleled biodiversity . One in ten known species in the world lives in the Amazon rainforest. This constitutes the largest collection of living plants and animal species in the world . The region is home to about 2.5 million insect species , tens of thousands of plants, and some 2,000 birds and mammals . To date, at least 40,000 plant species, 2,200 fishes , 1,294 birds, 427 mammals, 428 amphibians, and 378 reptiles have been scientifically classified in

8918-495: The world's largest free trade areas, has been denounced by environmental activists and indigenous rights campaigners. The fear is that the deal could lead to more deforestation of the Amazon rainforest as it expands market access to Brazilian beef. According to a November 2021 report by Brazil's INPE , based on satellite data , deforestation has increased by 22% over 2020 and is at its highest level since 2006. There were 72,843 fires in Brazil in 2019, with more than half within

9016-410: Was also larger compared to the regulation period of 2009–2018. As these fire continue to move closer to the heart of the Amazon basin, their impact on biodiversity will only increase in scale, as the cumulative fire-impacted area is correlated with the number of species impacted. Environmentalists are concerned about loss of biodiversity that will result from destruction of the forest , and also about

9114-549: Was appointed to the presidency in 1968 by Lyndon B. Johnson . McNamara implored bank treasurer Eugene Rotberg to seek out new sources of capital outside of the northern banks that had been the primary sources of funding. Rotberg used the global bond market to increase the capital available to the bank. One consequence of the period of poverty alleviation lending was the rapid rise of debt of developing countries . From 1976 to 1980, developing world debt rose at an average annual rate of 20%. The World Bank Administrative Tribunal

9212-443: Was aware of the need to instill confidence in the bank. Fiscal conservatism ruled, and loan applications had to meet strict criteria. The first country to receive a World Bank loan was France in 1947. The bank's president at the time, John McCloy , chose France over two other applicants, Poland and Chile. The loan was for US$ 250 million, half the amount requested, and came with strict conditions. France had to agree to produce

9310-421: Was established in 1980, to decide on disputes between the World Bank Group and its staff where allegation of non-observance of contracts of employment or terms of appointment had not been honored. McNamara was succeeded by U.S. President Jimmy Carter 's nominee, Alden W. Clausen , in 1980. Clausen replaced many members of McNamara's staff and crafted a different mission emphasis. His 1982 decision to replace

9408-454: Was reduced, along with a few developing countries such as Nigeria . The voting powers of the United States, Russia and Saudi Arabia were unchanged. The changes were brought about with the goal of making voting more universal in regards to standards, rule-based objective indicators, and transparency among other things. Now, developing countries have an increased voice in the "Pool Model", backed especially by Europe. Additionally, voting power

9506-414: Was reported that the Amazon for the first time emitted more greenhouse gases than it absorbed. Though often referenced as producing more than a quarter of the Earth's oxygen, this often stated, but misused statistic actually refers to oxygen turnover. The net contribution of the ecosystem is approximately zero. One computer model of future climate change caused by greenhouse gas emissions shows that

9604-447: Was the City of Z . Since the 1970s, numerous geoglyphs have been discovered on deforested land dating between AD 1–1250, furthering claims about Pre-Columbian civilizations. Ondemar Dias is accredited with first discovering the geoglyphs in 1977, and Alceu Ranzi is credited with furthering their discovery after flying over Acre . The BBC's Unnatural Histories presented evidence that

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