World Bank

Topic 1: Less developed countries: The verge of bankruptcy

If the wealthy world does not provide immediate aid, more than fifty of the world’s poorest developing nations face the risk of going into default on their debt and going bankrupt. Debt has now grown to be such a significant concern for so many emerging economies that addressing it is now necessary before advancing climate action. These nations are on the verge of bankruptcy for a variety of reasons, such as underpayment, which leaves the population in an unstable situation and in an unhealthy atmosphere where prices are higher than their means. Delegates intend to write convincing resolution papers in order to address this issue and restore the delegation’s standing.

Topic 2: Formulating emergency measures: Improve crisis management

Humanity has faced global problems in the last few years, particularly with natural disasters, economic shocks, wars, and quarantines. In response, people have developed strategies to prevent these problems. The World Bank has emerged as one of the most practical organizations to establish an emergency plan in the event of a global catastrophe, with the goal of minimizing harm and giving financial support to people who are vulnerable. By enlarging the Crisis Preparedness and Response Toolkit, a collection of measures designed to assist nations following natural catastrophes, the Crisis Tool Kit was created in an effort to improve and reinforce mobility against global crises. To fill in the gaps with ideas and support from potential “future” initiatives, the delegates are expected to work on enhancing previous measures or creating new ones.