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  • MPI Ethno. Forsch.  (667)
  • Kalliope (Nachlässe)
  • IWF
  • English  (667)
  • Washington, D.C : The World Bank  (659)
  • London : Palgrave Macmillan UK  (8)
  • Environment  (667)
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  • 1
    Language: English
    Pages: 1 Online-Ressource (56 pages)
    Parallel Title: Erscheint auch als Feriga, Moustafa Amgad Moustafa Ahmed Moustafa The Impact of Climate Change on Work: Lessons for Developing Countries
    Keywords: Climate Change ; Climate Change and Labor ; Environment ; Labor Demand ; Labor Supply ; Productivity
    Abstract: What is the impact of climate change on labor Reviewing the evidence, this paper finds five areas of potential impact. Climate change may have an immediate effect on labor demand, labor supply and time allocation, on-the-job productivity, and income and vulnerability among the self-employed. In the medium term, climate change may lead to a reallocation of labor across economic activities and across space. Impact estimates typically rely on fixed effect estimation. These estimates require care when interpreted as they typically reflect the short-term direct impact of past events and abstract from potential adaptation. The paper discusses emerging work trying to address this, analyzing the responses by firms, farms, households, and workers. Together, the existing evidence points toward six potential areas of government response. Potential labor policies include green jobs, green skills, labor-oriented adaptation, flexible work regulation, labor market integration, and social protection. The paper concludes by setting out avenues for future research in this field
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Study
    Keywords: Anchoring and Mooring ; Energy ; Energy Resources Development ; Energy Yield ; Environment ; Environment and Energy Efficiency ; Floating Solar Photovoltaics ; FSPV Ecosystem ; HSE ; Inverter ; Power Plants
    Abstract: This report builds a compelling case for India to look beyond land and institute an ecosystem that supports the installation and operationalization of floating solar photovoltaics (FSPV) power plants. Since these plants are installed on the underutilized surfaces of large water bodies, no land needs to be diverted from other uses. The installation of FSPVs also spurs job creation and catalyzes the development of a domestic value chain as some of the components, such as floaters, need to bemanufactured close to installation sites. They also provide a range of other benefits as they generate relatively more power than ground-mounted solar plants (due to the cooling effect of water) and better utilize shared infrastructure such as transmission systems, wherever available
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: Adaptation To Climate Change ; Economic Growth ; Environment ; Gender ; Gender and Development ; Gender and Law ; Gender Based Violence ; Gender Equality ; Macroeconomics and Economic Growth ; Nonextractive Sectors ; Resilience
    Abstract: Papua New Guinea has abundant resources in the form of oil and mineral wealth. But a complex set of factors, including systemic gender inequality, underinvestment in non-extractive sectors, and fragility compounded by vulnerability to disasters caused by natural hazards act as barriers to sustainable and inclusive growth of the country. This Country Program Evaluation (CPE) report assesses the relevance and effectiveness of World Bank Group support to Papua New Guinea between fiscal year FY08 and FY23. It assesses the Bank Group's development effectiveness in addressing the above three core themes, namely: (i) lack of investment in Papua New Guinea's non-extractive sectors and their poor performance, (ii) the economic exclusion of women and gender-based violence (GBV) issues associated with it, and (iii) unmitigated risks of disaster from natural hazards, and violence, and conflict. The report answers three specific questions. The first explores the extent to which the Bank Group adapted its engagement in line with key constraints, including in relation to development partners, changes in country context, and lessons from experience. The second focuses on the results of Bank Group support and explanatory factors for results under each them, answered by applying a gender lens where relevant. The third question explores the extent to which the Bank Group successfully identified and addressed conflict, violence, and disaster from natural hazards risks. The report offers key lessons to inform the World Bank Group's future engagement with the country: (i) Data gaps need to be addressed to inform sound policy making and effective programming in Papua New Guinea. (ii) Declining governance quality and increasing bilateral aid will require the World Bank to reassess how it supports key policy reforms to achieve development impact, including through using DPOs. (iii) The Bank Group could elevate its impact on gender equality and GBV by shifting from a project-centric approach to a strategic country engagement approach. (iv) The negative effects that compound and interrelated risks pose to achieving development aims need to be addressed more comprehensively
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  • 4
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Conflict and Development ; Disaster Management ; Earth Observation ; Environment ; ICT Applications ; ICT Data and Statistics ; Information and Communication Technologies ; Natural Disasters ; Natural Hazards ; World Settlement Footprint (WSF)
    Abstract: Earth observation is a crucial source of accurate and up-to-date information of Earth's natural and manmade environments that are critical when planning for, responding to, and mitigating the effects of natural hazards. Satellites that regularly collect images of the entire globe combined--with machine learning algorithms to process them more efficiently--have the potential to provide timely, standardized, verifiable, and scalable information. This report focuses on the use of Earth observation to identify built-up areas exposed to natural hazards. It describes the World Settlement Footprint (WSF) suite of derived datasets, developed by the German Aerospace Center (DLR) in collaboration with the European Space Agency (ESA), the Google Earth Engine team, and the World Bank. These gridded datasets capture the extent of built-up areas from 1985-2015 and again for 2019, estimated building heights, impervious surfaces, and estimated population. Earth observation derived information is particularly useful for standardized and recurring World Bank operations. The report looks at several World Bank operations, and the key insights provided through analysis incorporating the various WSF suite products
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  • 5
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Climate Change ; Economic Development ; Economic Growth ; Environment ; Health, Nutrition and Population ; Macroeconomics ; Macroeconomics and Economic Growth ; No Poverty ; Poverty ; Poverty Diagnostics ; Poverty Reduction ; SDG 1
    Abstract: This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of Sub-Saharan Africa. Macroeconomic indicators such as population, gross domestic product and gross domestic product per capita, and where available, other indicators such as primary school enrollment, life expectancy at birth, total greenhouse gas emissions and inflation, among others, are included for each country. In addition to the World Bank's most recent forecasts, key conditions and challenges, recent developments and outlook are briefly described for each country in the region
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  • 6
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Adaptation to Climate Change ; Climate Change ; Climate Change Impacts ; Economic Policy ; Environment ; Environment and Natural Resource Management ; Finance and Financial Sector Development ; Green Growth
    Abstract: There is growing awareness globally about the potential impacts of climate change on financial stability. Climate-related financial risks can be broadly grouped into two categories: (i) climate physical risks, which are financial risks stemming from the gradual and abrupt impacts of climate change (primarily droughts and floods in the case of Morocco, as highlighted by the ongoing severe drought event and recent floods), and (ii) climate transition risks, which are financial risks that can result from the transition to a low-carbon economy, for example, due to changes in climate policy, technology, or market sentiment. The purpose of this report is to better understand the impact of these climate risks on Morocco's banking sector. This includes understanding the banking sector's exposure to sectors and regions that are vulnerable to climate physical and transition risks, as well as a quantification of climate impacts on banks' balance sheets under different scenarios. This report also takes stock of the Moroccan banking sector's current risk management practices and the supervisory response to climate-related financial risks
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  • 7
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Economic Policy, Institutions and Governance ; Environment ; Environment and Natural Resource Management ; Landscape Management ; Public and Municipal Finance ; Public Sector Development ; Public Sector Management
    Abstract: This guide presents the Landscape Governance Assessment Tool (LGAT) and the Decision Support System (DSS). It is intended for people addressing a variety of problems linked to forested landscapes, such as alleviating rural poverty, restoring degraded lands, meeting national climate commitments, or conserving biodiversity. The LGAT measures the strengths and weaknesses of governance in a forested landscape. Drawing on expert and stakeholder knowledge, the LGAT assesses the quality of governance and produces a summary rating, called the Landscape Governance Index (LGI). The tool can be used at many stages of a project, but it is primarily intended to provide an informed starting point for discussing and designing governance reforms. The DSS component creates a roadmap for reform by identifying priority areas, generating ideas for reform, and analyzing them to arrive at practical ways forward. Overall, the tool identifies reform pathways that have a good chance of making a difference in the landscape. The LGAT score demonstrates the need, while stakeholder and expert involvement in both the measurement and DSS steps shape and garner support for reforms. The DSS analysis screens the reforms to identify those likely to be practical and effective
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  • 8
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Health Sector Review
    Keywords: Agricultural Irrigation and Drainage ; Climate Change ; Critical Care ; Disaster Risk Exposure ; Environment ; Groundwater ; Health Care Systems ; Health, Nutrition and Population ; Irrigation and Drainage ; Natural Hazards
    Abstract: Health care systems are at the frontline of delivering critical care during emergencies, mitigating illnesses and deaths. Yet many countries struggle to meet even routine demands for health care. Climate change, disasters, pandemics, and demographic changes are bound to increase pressures on already strained health systems (Rentschler and others 2021). Preparing and equipping health systems to adequately respond to crises are vital to ensure sustained access to health services and to provide reliable essential health care that protects people's well-being. Having a robust assessment of their country's health system's climate and disaster risk management (CDRM) capabilities allows policy makers to make these systems more resilient against shocks. This policy note introduces the Frontline Scorecard, a new rapid diagnostic tool that decision makers can use to conduct a high-level assessment of the CDRM capabilities of their health system, and illustrates its application in a case-study country, Belize
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  • 9
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Adaptation To Climate Change ; Climate Change ; Environment ; Green Goods ; Green Technologies ; Green Trade ; International Economics and Trade ; Low-Carbon
    Abstract: Although Indonesia's economy has diversified over the past decades, natural resource extraction remains a key sector for both the domestic economy as well as international trade. Indonesia's ability to diversify away from primary products, reduce carbon emissions, adapt to climate change, and transition to a low-carbon economy is strongly interlinked with trade and trade policy. To position itself to benefit from the global transition to a non-carbon economy, Indonesia needs to adapt to new sources of international demand, adjust its existing productive capabilities, and cultivate new green industries. This note analyzes the carbon content of Indonesia's trade flows
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  • 10
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Environment ; Environmental Protection ; Policies ; Pollution ; Solid Waste ; Waste Management ; Water Supply and Sanitation
    Abstract: Today the world faces unprecedented challenges in waste management while the state of the municipal waste management sector globally is a matter of concern. To reverse current trends related to waste generation, pollution, and resource management, active collaboration between the various waste actors including governments, civil society, and the private sector will be required along with sustained behavior change. This compendium is designed to help decision-makers - including policy makers, policy professionals, and practitioners-investigate, understand, and respond to waste management challenges in their communities through interventions considering a behavioral science lens. The document contains short case studies that uncover and highlight where and what behavioral tools were applied along three main challenges, that is, getting people to generate less waste, getting people to use waste services, and getting people to be more sustainable with their waste
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  • 11
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Adolescent Health ; Affordable and Clean Energy ; Circular Business Models ; Climate Sustainability ; Economic Sustainability ; Energy ; Environment ; Family Planning Research ; Gender and Health ; Life on Land ; Power Systems ; Reproductive Health ; SDG 7 ; Vanadium
    Abstract: This report examines the potential of circular business models for vanadium, focusing on the leasing model for Vanadium Redox Flow Batteries (VRFB). VRFBs are posited to become increasingly significant in the decarbonization of power systems due to their unique attributes as a grid-scale energy storage solution--characterized by long duration, modularity, and site independence. While the report does not delve into the technological advancements or energy-specific applications of VRFBs, it does underscore their economic and climate sustainability benefits. Additionally, the report discusses how innovative business models, particularly leasing, can overcome the challenge of high initial costs and promote broader adoption of VRFBs. The leasing model is presented as one of several feasible strategies to facilitate the deployment of VRFBs in the energy storage market
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  • 12
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Economic Growth ; Environment ; Inflation ; Macroeconomic Analysis of Economic Development ; Macroeconomics and Economic Growth ; No Poverty ; Poverty and Climate Change ; Poverty Diagnostics ; Poverty Measurement ; Poverty Reduction ; SDG ; Sustainanble Development Goals
    Abstract: This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of the Middle East and North Africa region. Macroeconomic indicators such as population, gross domestic product and gross domestic product per capita, and where available, other indicators such as primary school enrollment, life expectancy at birth, total greenhouse gas emissions and inflation, among others, are included for each country. In addition to the World Bank's most recent forecasts, key conditions and challenges, recent developments and outlook are briefly described for each country in the region
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  • 13
    Language: English
    Pages: 1 Online-Ressource (59 pages)
    Parallel Title: Erscheint auch als Trinh, Trong-Anh Does Global Warming Worsen Poverty and Inequality? An Updated Review
    Keywords: Chronic Poverty ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Environment ; Global Warming ; Inequality ; Macroeconomics and Economic Growth ; Poverty ; Transient Poverty
    Abstract: This paper offers an updated and comprehensive review of recent studies on the impact of climate change, particularly global warming, on poverty and inequality, paying special attention to data sources as well as empirical methods. While studies consistently find negative impacts of higher temperature on poverty across different geographical regions, with higher vulnerability especially in poorer Sub-Saharan Africa, there is inconclusive evidence on climate change impacts on inequality. Further analysis of a recently constructed global database at the subnational unit level derived from official national household income and consumption surveys shows that temperature change has larger impacts in the short term and more impacts on chronic poverty than transient poverty. The results are robust to different model specifications and measures of chronic poverty and are more pronounced for poorer countries. The findings offer relevant inputs into current efforts to fight climate change
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  • 14
    Language: English
    Pages: 1 Online-Ressource (46 pages)
    Parallel Title: Erscheint auch als Behrer, Arnold Patrick In Most Low- and Middle-Income Countries Pollution Levels Are Higher in Wealthier Areas
    Keywords: Air Pollution ; Air Quality and Clean Air ; Ambient Air Pollution ; Economic Concentration ; Environment ; Large Cities ; Pollution Management and Control ; Urban Environment
    Abstract: Air pollution is a major threat to health, and the dangers are particularly acute in low- and middle-income countries. However, little is known about how the burden of pollution is spread across the wealth distribution in these countries. This paper uses new data providing high-resolution wealth estimates for more than 100 low- and middle-income countries, combined with equally high-resolution estimates of air pollution, to estimate how wealth is correlated with ambient air pollution around the world. The findings show that on average air pollution is positively correlated with wealth, but the relationship is highly heterogeneous across countries. The fact that air pollution and wealth are both disproportionately high in urban areas, where economic activity is largely concentrated, appears to drive this relationship. When the analysis is limited to anthropogenic sources of pollution, the relationship becomes less heterogeneous and more systematically positive. The paper also examines the relationship between pollution exposure and wealth within large cities around the world. Again, the findings show substantial heterogeneity across cities. The paper explores several hypotheses for this heterogeneity but does not find a single explanation. Economic concentration within cities appears to explain some of the relationship. Cities with more concentrated economic opportunity tend to have more positive correlations between pollution and wealth
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  • 15
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Adaptation to Climate Change ; Climate Change Adaptation ; Environment ; Mena ; Natural Disasters ; Risk Management
    Abstract: The Algeria Disaster Risk Management Diagnostic was developed as part of World Bank technical assistance to the Algerian government. The diagnostic offers a concise overview of the country's disaster risk profile, delves into the macroeconomic implications of disasters, outlines Algeria's advancements in disaster risk management (DRM), and highlights ongoing challenges within the DRM sector. This report aims to provide a comprehensive analysis of Algeria's DRM sector and identify key priority areas to enhance the country's resilience. This diagnostic was developed through a robust partnership between the World Bank and the National Delegation for Major Risks (DNRM) under the Algerian Ministry of Interior, Local Authorities and Territorial Development (MICLAT) from 2021 to 2023. It represents the culmination of an extensive review of over 500 documents, a comprehensive multi-stakeholder consultation workshop conducted in July 2021, and bilateral interviews held between March and October 2021 with the DNRM and all DRM stakeholders in Algeria. An initial version was completed in November 2021, which was further refined in 2022 and 2023 based on feedback received from Algerian counterparts through additional discussions, email correspondences, and recommendations from World Bank experts
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  • 16
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Energy Study
    Keywords: Adaptation to Climate Change ; Decarbonization ; Energy ; Energy Transition ; Environment ; Gas Security ; Renewable Energy ; Urban Development
    Abstract: Since February 2022, geopolitical events have made clear Europe's need to diversify its energy sources and avoid excessive dependence on fossil fuel imports. The drop in Russian natural gas flows to Europe in 2022 marked the single largest supply shock in the history of global gas markets. It caused a significant increase in prices of electricity and heating services for consumers across the continent. With Europe's high reliance on imported natural gas, reestablishing energy security is a paramount objective. But how security can be achieved is subject to many uncertainties. Although Central Asia is not as dependent on gas imports as other parts of the World Bank's Europe and Central Asia (ECA) region, it has not been spared an energy crisis. Chronic underinvestment and the harshest winter conditions in decades resulted in significant blackouts in power and heating during the winter of 2022/23. -- This report analyzes the implications of the 2022/2023 energy crises over the short and long term, observing possible energy scenarios through 2060 in the Bank's ECA region and examining three key questions: -- What is the state of energy security in ECA in the wake of recent geopolitical events? -- What will it take to decarbonize the ECA energy system? -- What are the main uncertainties?
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  • 17
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Parallel Title: Erscheint auch als Rexer, Jonah Climate Change Adaptation: What does the Evidence Say?
    Keywords: Adaptation To Climate Change ; Climate Change Adaptation ; Climate Change Impacts ; Diversification ; Environment ; Meta-Analysis ; Public Goods ; Reallocation ; Technology Adoption ; Transfers
    Abstract: Adapting to climate change is an increasingly urgent policy priority in lower- and middle-income countries. This systematic review summarizes the current state of the literature on adaptation to climate change, and conducts a quantitative meta-analysis of the effectiveness of climate adaptation. The meta-analysis reveals that observed adaptations offset 46 percent of climate losses on average, with firms using more effective adaptation strategies than households and farmers. The review identifies several key lessons. First, purely private adaptations to climate shocks tend to be less effective than those from public infrastructure and services, although neither by itself is generally sufficient to fully offset the effects of climate change. Second, some adaptations may reduce climate losses in the present, but in the long-run, households, firms, and farmers might be better-served by reducing their climate exposure. Third, the literature tends to focus on adaptation by households and farmers, neglecting firms. Finally, productivity losses from climate shocks may be offset if capital and labor can adjust across sectors and locations, but constraints on these reallocations have not been sufficiently studied
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  • 18
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Coulibaly, Mohamed Responsibility Sharing and the Economic Participation of Refugees in Chad
    Keywords: Adaptation To Climate Change ; Climate Change ; Communities and Human Settlements ; Disaster Risk Management ; Environment ; Flood and Drought Risk Management ; Human Migrations and Resettlements ; Natural Resources Management ; Poverty Assessment ; Poverty Reduction
    Abstract: The Global Compact on Refugees recognizes the importance of responsibility sharing for hosting, protecting, and assisting refugees, while emphasizing the potential of economic participation to reduce the cost of humanitarian assistance. This note explores the relative importance of aid in caring for refugees hosted in Chad and the importance of the incomes earned by the refugees. It finds that the combination of aid and self-earned incomes falls far short of a minimum standard of living (the poverty line) as a consequence of which the vast majority of refugees lives in abject poverty. It is also finds that although refugees are hosted in camps with relatively few economic opportunities, self-generated income covers 54 percent of the poverty line and aid only 14 percent. As Chad has adopted a policy of refugee inclusion and dispersion, the note then explores how much these progressive policies might increase the income earning potential of refugees. This is found to be substantial. Economic participation policies are estimated to reduce refugee poverty from 88 to 50 percent (thus increasing the self-sufficiency of refugees dramatically), while increasing the incomes generated by poor refugees by more than 50 percent. The greatest participation benefits will be realized when refugees move to areas with more economic potential
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  • 19
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (43 pages)
    Parallel Title: Erscheint auch als Letta, Marco Climate Immobility Traps: A Household-Level Test
    Keywords: Adaptation ; Adaptation To Climate Change ; Causal Forests ; Climate Change Impacts ; Climate Migration ; Environment ; Finance and Financial Sector Development ; Household Data ; Housing Finance ; Immobility Traps
    Abstract: The complex relationship between climate shocks, migration, and adaptation hampers a rigorous understanding of the heterogeneous mobility outcomes of farm households exposed to climate risk. To unpack this heterogeneity, the analysis combines longitudinal multi-topic household survey data from Nigeria with a causal machine learning approach, tailored to a conceptual framework bridging economic migration theory and the poverty traps literature. The results show that pre-shock asset levels, in situ adaptive capacity, and cumulative shock exposure drive not just the magnitude but also the sign of the impact of agriculture-relevant weather anomalies on the mobility outcomes of farming households. While local adaptation acts as a substitute for migration, the roles played by wealth constraints and repeated shock exposure suggest the presence of climate-induced immobility traps
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  • 20
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Mobility and Transport Connectivity
    Keywords: Adaptation To Climate Change ; Carbon Emissions and Transport ; Climate Change Mitigation and Green House Gases ; Environment ; Green Growth ; Rail Greenhouse Gas Analysis ; Railways ; Transport ; Urban Development
    Abstract: Railways are a low carbon way to access opportunities and move goods to markets. To realize the benefits of railways in low-and middle-income countries (LMICs), an estimated USD 25-80 billion of investment annually will be needed. Many organizations and investors want to support green activities and a variety of climate finance sources and instruments have been developed todo just that. However, railways have had limited success in accessing climate specific financing instruments. This report examines the experience in attracting financing from climate-specific financing instruments of railways in LMICs. The review encompasses private sector climate finance, whose resources could potentially meet the entire rail financing gap, as well as carbon markets, and other results-based climate finance and climate funds
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  • 21
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Keywords: CHVA ; Climate and Health ; Climate Change Adaptation ; Climate Change and Health ; Climate Change Impacts ; Environment ; Health Risks ; Health, Nutrition and Population ; Vulnerability
    Abstract: The objective of this Climate and Health Vulnerability Assessment (CHVA) is to assist decision-makers in Colombia with planning effective adaptation measures to deal with climate-related health risks. This assessment includes sub-national considerations for health-related climate action (see Annex A for the methodology). Sub-national considerations are given for Colombia's 32 departments (see Figure 1). It also incorporates data from a Climate and Health Economic Valuation conducted by the World Bank to estimate of the potential economic costs of health impacts arising from projected changes in temperature and precipitation (see Annex B for the methodology). The findings from this CHVA are organized under four sections. Section I characterizes the climatology in Colombia, highlighting observed and projected climate exposures relevant to health. Section II describes key climate-related risks to health, including nutrition and food security, vector-borne diseases (VDBs), water-borne diseases, increasing temperatures, air quality, and zoonotic diseases. Section III analyzes the adaptive capacity and readiness of Colombia's health system to prevent and manage climate-related health risks. Recommendations are discussed in Section IV
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  • 22
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Climate and Development Reports (CCDRs)
    Keywords: Adaptation To Climate Change ; Climate Change Adaptation ; Economic Growth ; Environment ; Finance ; Inlcusive Growth ; Macroeconomics and Economic Growth ; Poverty Reduction ; Resilience
    Abstract: This Country Climate and Development Report (CCDR) examines Liberia's development trajectory through the lens of the country's vulnerability to climate change. It identifies Liberia's development risks and opportunities, models various scenarios of climate impact and intervention, and proposes ways to strengthen resilience and finance climate actions that support Liberia's development aspirations of inclusive growth and poverty reduction
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  • 23
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Parallel Title: Erscheint auch als Madagascar urbanization review
    Keywords: Verstädterung ; Stadtentwicklung ; Stadtplanung ; Politische Planung ; Adaptation To Climate Change ; City Development Strategies ; Environment ; Government Capacity ; Integrated Approach ; Sustainable Urban Growth ; Urban Development ; Urban Policies ; Urbanization ; Madagaskar
    Abstract: The Madagascar Urbanization Review aims to: - Contribute to the 2019 National Policy for Urban Development (Politique National de Developpement Urbain), the main policy document outlining the priorities for cities in Madagascar. - Serve as a diagnostic tool to identify the key barriers to sustainable and equitable urban growth in the country - Offer a set of recommended investment priorities and their sequencing, to support governments in making informed decisions on the future development of cities. - Promote an integrated approach to urban development and improve government capacity. - Promote an integrated approach to urban development and improve government capacity. - Help city leaders and national policy makers to: i. Think strategically about the opportunities offered by urbanization; ii. Address key bottlenecks that are holding back the potential benefits of urbanization; iii. Develop plans to address cities' most pressing issues; and iv. Build consensus between the national and local levels to drive the urban policy agenda
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  • 24
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Access To Finance ; CPGA ; Environment ; Finance and Financial Sector Development ; Financial Preparedness ; Natural Disasters ; Primary Response ; Risk ; Social and Livelihood Support ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: Crisis preparedness is cral to preventing shocks from becoming crises. Investments in ex ante preparedness are especially relevant in countries like Nepal that face high levels of exposure and vulnerability to a range of risks. In seeking to identify opportunities to strengthen the Government of Nepal's (GoN's) capacity to prepare for crisis events in an effective and timely manner, this Technical Annex presents findings from the application of the Crisis Preparedness Gap Analysis (CPGA) diagnostic in the country. It provides details on findings and entry points across the five componnts of crisis preparedness. For a summary, please refer to the accompanying CPGA Nepal Briefing Note. Following a brief description of the CPGA methodology, the Technical Annex presents a summary of findings from each CPGA component alongside identification of entry points and opportunities to strengthen crisis preparedness in the country. To provide a holistic assessment of preparedness, the CPGA focuses on five core components of crisis preparedness. These are (i) Legal and Institutional Foundations, (ii) Understanding and Monitoring Risks, (iii) FinancialPreparedness, (iv) Primary Response, and (v) Social and Livelihood Support
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  • 25
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Keywords: Affordable and Clean Energy ; Economic Policy, Institutions and Governance ; Energy ; Environment ; Environment and Natural Resource Management ; Industrial Management ; Industry, Innovation and Infrastructure ; Infrastructure Economics and Finance ; Land Assets ; Life on Land ; Rural Development ; SDG 11 ; SDG 15 ; SDG 7 ; SDG 9 ; Sustainable Cities and Communities ; Urban Development
    Abstract: This Guidance Note represents a call to action, dedicated to enhancing access to land and unlocking the full potential of land assets for urban and infrastructure development, as well as renewable energy investments. It not only underscores the importance of improving land access but also highlights the pathways towards leveraging land assets, creating value, and capturing its dividends
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  • 26
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agriculture Study
    Keywords: Agriculture ; E-Government ; Environment ; Environment and Natural Resource Management ; Groundwater Management ; ICT Applications ; Irrigation Development ; Sustainable Land Management ; Water Resources
    Abstract: In major parts of the world, irrigation development has reached its limits in terms of land and water resources, as evident in the alarming overexploitation of groundwater resources and the deterioration of their quality. In other parts, intensification with sustainable and smart irrigation solutions is the most viable way to build climate resilience and combat food insecurity. This report advocates for 1) improving the quality of irrigation services through a combination of better design, adoption of modern technologies, and attuned operation and maintenance and 2) a bold risk-taking approach to irrigation modernization and sustainable expansion based on lessons learned by restoring legitimacy through strong technical, institutional, and economic engagement in reforming the subsector
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  • 27
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Agriculture ; Climate Change ; Environment ; Environment and Natural Resource Management ; Green Growth ; Labor Standards ; Skills Development and Labor Force Training
    Abstract: This paper provides a macro-fiscal overview of Indonesia's progress along four interlinked dimensions of green growth. The first three sections will discuss green growth from the outcomes perspective, while the last section will look at green growth from the policy perspective: (i) carbon use in the growth process; (ii) the impact of carbon use through pollution on human capital; (iii) the consequence of carbon use on national wealth; and (iv) the fiscal policies to support the low-carbon transition. The paper takes stock of Indonesia's progress in decarbonizing growth. It then analyzes the extent to which fiscal policies are aligned with this overall objective
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  • 28
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (38 pages)
    Parallel Title: Erscheint auch als Calice, Pietro Just Transition: Issues for Central Banks and Financial Regulators
    Keywords: Climate Change ; Climate Finance ; Energy ; Energy Transition ; Environment ; Financial Regulators ; Social Changes
    Abstract: Recent calls on central banks and financial regulators to use the tools at their disposal to help mitigate the negative economic and social impacts of climate policies are based on several false analogies between the energy transition and the "just" energy transition. The same false analogies explain why voluntary efforts to incorporate just transition considerations into private financial decisions and products copying approaches from climate finance have so far failed to gain traction. None of the above invalidates the just transition as a political aspiration. However, only the government has the legitimacy and authority to identify the regions or sectors where the negative impacts of the energy transition are to be mitigated, determine the extent and instruments for this mitigation, and adjust them over time in line with shifting social preferences. This is an essentially political task that cannot be delegated to technocratic agencies. Nevertheless, within the parameters established by the government, central banks and financial regulators can play a supporting role by ensuring accurate data on the social impact of the energy transition, enforcing disclosure requirements, sensitizing financial firms to just transition--related risks, and raising awareness among financial firms. However, they must be cautious not to overstep their mandate, and remain mindful of the limitations of their toolkit and of the risks and potential unintended consequences of their actions
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  • 29
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (57 pages)
    Parallel Title: Erscheint auch als Artuc, Erhan Trade, Outsourcing, and the Environment
    Keywords: Border Carbon Adjustment ; Carbon Policy and Trading ; Carbon Tariffs ; Carbon Tax ; CO2 Emission Leakage ; Environment ; Environment and Trade ; Environmental Policy ; International Economics and Trade ; Law and Development ; Tax Law
    Abstract: This paper analyzes the effects of carbon taxation and border carbon adjustments in a setting where firms can choose to respond to taxation by abating or by outsourcing part of their production. For this, this paper sets up a general equilibrium trade model, calibrated with world trade and input-output data that features a discrete choice production structure, where the producers choose between outsourcing or abating emission-intensive intermediate production steps. The paper finds that border adjustments that cannot target scope 3 emissions can lead to outsourcing, and thus leakage, further down the value chain, but nevertheless induce higher abatement both in the countries that impose the border adjustment and in the ones affected by it
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  • 30
    Language: English
    Pages: 1 Online-Ressource (32 pages)
    Parallel Title: Erscheint auch als Fiuratti, Frederico Are Regional Fiscal Multipliers on EU Structural and Investment Fund Spending Large? A Reassessment of the Evidence
    Keywords: Agriculture ; Covid-19 Economic Recovery Package ; Environment ; EU Economies ; European Union ; Finance and Financial Sector Development ; Financial Crisis Management and Restructuring ; Fiscal Multiplier ; Green Issues ; Monetary Union ; Short-Term Regional Fiscal Stimulus ; Social Risk Management ; Sustainable Green Growth
    Abstract: The European Commission's "NextGenerationEU" COVID-19 recovery package has underscored interest in the size of regional fiscal multipliers in Europe. While the objective of these funds is the long-term transformation toward more sustainable green growth and digitalization in EU economies, several recent papers have also focused on their short-term stimulatory effects and have estimated large short-term regional multipliers on historical EU structural and investment fund spending. This has contributed to a view that EU funds can boost growth substantially not only in the long term, but also in the short term in countries receiving large flows, particularly in Central and Eastern Europe. This paper reevaluates the evidence by estimating regional short-term multipliers using recent data on EU fund spending and a leave-one-out predicted disbursement schedule instrument. In contrast with much of the recent literature, there is little evidence of large relative GDP multipliers at either the national or subnational level in the short term. This is despite a strong response of regional investment to EU funds, which often increases euro for euro. The results suggest that expectations should be tempered on using EU structural and investment funds as a tool for short-term regional fiscal stimulus, and instead policy makers may want to focus on the long-term benefits of EU funds, in line with their original purpose
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  • 31
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Blue Economy ; Employment and Unemployment ; Environment ; Industrial Management ; Labor Markets ; Maritime Space ; Natural Capital ; Sustainable Growth
    Abstract: With an accessible and attractive coastline of untouched natural splendor, Adriatic Croatia is a strategic driver of national economic development. It boasts rich cultural heritage and biodiversity and abundant coastal and marine resources providing the country with high socioeconomic value. A decade of strong growth of maritime tourism has fueled stable economic development in the coastal zone. Despite this progress, Adriatic Croatia faces multiple environmental challenges stemming from anthropogenic pressures and climate change. Negative impacts from over-tourism, urbanization, and pollution underline the urgency of adopting a sustainable maritime economy approach. The demographic decline and the lack of economic diversification could diminish future economic opportunities of Adriatic Croatia to grow sustainably and provide new jobs. The emerging challenges call for close attention in the context of the national development goals, sustainable development commitments and Croatia's aspiration to achieve blue growth. This report discusses the concept of blue economy while trying to understand and define the impacts of current challenges on the Republic of Croatia's transition to blue economy
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  • 32
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Public Sector Study
    Keywords: Civil Registration ; Digital Societies ; Economic Forecasting ; Economic Growth ; Environment ; Governance ; Identification Systems ; Information and Communication Technologies ; Sustainable Development
    Abstract: The World Bank Group's Identification for Development (ID4D) Initiative harnesses global and cross sectoral knowledge, World Bank financing instruments, and partnerships to help countries realize the transformational potential of identification (ID) systems, including civil registration (CR). The aim is to enable all people to exercise their rights and access better services and economic opportunities in line with the Sustainable Development Goals. This is especially important as countries transition to digital economies, digital governments, and digital societies, where inclusive and trusted means of verifying identity are essential to ensure accessibility and data protection
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  • 33
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Adaptation to Climate Change ; Environment ; Green Transformation ; International Economics and Trade ; Plastic Substitutes ; Sustainability ; Trade ; Trade Policies ; Trade Policy
    Abstract: Climate change - and efforts to mitigate and adapt to it - will affect global flows of trade and Indonesia's ability to transition to a more environmentally sustainable economy on its path to become a high-income economy is, therefore, interlinked with trade policy. Environmental policy stringency (EPS) is increasing around the globe - a crucial challenge lies in harmonizing these with sustained economic growth, yet both goals can be reached. Although trade flows facilitate emissions, they are also a critical part of the solution, including through trade in environmental goods (EGs) and plastic substitutes - with important economic spillovers. This report provides a detailed analysis of the role of trade and trade policy on EGs and plastic substitutes in Indonesia's green transition. Chapter one describes the need for, and urgency of, this transition, by looking at the carbon intensity of Indonesia's trade, the impacts of environmental policies of Indonesia and key trading partners, and the roles of EGs. Chapter two examines where Indonesia stands on the level of trade in EGs and plastic substitutes and the competitiveness of EGs trade. Chapter three explores trade agreements and tariffs and simulates potential impacts of tariff reforms - including through multilateral actions. Chapter four examines what non-tariff measures (NTMs) apply on the products including inputs of firms exporting EGs and assesses which NTMs may be costly. Finally, chapter five concludes with policy recommendations
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (20 pages)
    Parallel Title: Erscheint auch als Karayalcin, Cem Environmental Policy under Weak Institutions
    Keywords: Climate Change ; Development ; Environment ; Environmental Economics and Policies ; Environmental Policy
    Abstract: Developing countries are facing mounting pressures to incorporate environmental concerns into their policy reform agendas. This paper finds that common environmental policies, such as levying taxes to reduce the excessive exploitation of natural assets, can be self-defeating when (i) institutions are weak and (ii) the general equilibrium effects of such policy actions are overlooked. This seemingly paradoxical result is driven by fundamental mechanisms in structural transformation frameworks, without the need for strong assumptions. It also carries a clear policy implication: environmental policies should be considered within a country's broader development context, rather than in isolation
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  • 35
    Language: English
    Pages: 1 Online-Ressource (28 pages)
    Parallel Title: Erscheint auch als Triyana, Margaret Climate Shocks and the Poor: A Review of the Literature
    Keywords: Climate Change ; Climate Change and Environment ; Distributional Impact ; Environment ; Environmental Economics and Policies ; Meta Analysis ; Natural Disasters ; Poverty
    Abstract: There is a rapidly growing literature on the link between climate change and poverty. This study reviews the existing literature on whether the poor are more exposed to climate shocks and whether they are more adversely affected. About two-thirds of the studies in our analyzed sample find that the poor are more exposed to climate shocks than is the rest of the population and four-fifths of the studies find that the poor are more adversely affected by climate shocks than is the rest of the population. Income and human capital losses tend to be concentrated among the poor. These findings highlight the potential long-term risk of a climate-change induced poverty trap and the need for targeted interventions to protect the poor from the adverse effects of climate shocks
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  • 36
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Mobility and Transport Connectivity
    Keywords: Economic Growth ; Environment ; Finance and Development ; Infrastructure and Growth ; Public and Municipal Finance ; Rural Development ; Transport and Growth ; Urban Development
    Abstract: Transport is quickly evolving, adapting, shaping, and being shaped by global megatrends, promoting energy efficiency and environmental quality. The transportation system enables access to essential services and job opportunities and facilitates the production, trade, and distribution of goods. The transportation infrastructure and services that utilize it are vital to economic prosperity and social wellbeing, and sustainable and smart mobility is an essential ingredient to achieve poverty reduction and shared prosperity. Historically, rapid expansion of the transportation network has been associated with economic growth and social development; however, it is now widely recognized that infrastructure expansion alone is not sufficient to address contemporary transportation and mobility problems. Equally important is the need to utilize the existing system more efficiently and enable a wide array of mobility solutions and innovative approaches that meet increasingly diverse needs in varying environments. Given increasing levels of congestion, road crash, local air pollution, energy consumption and greenhouse gas emissions, it is imperative to find a smarter path for future development. To many policy makers and practitioners, technological innovations are the key enablers of such transformation
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  • 37
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Keywords: Energy ; Energy Efficiency ; Energy Production and Transportation ; Environment ; Environment and Natural Resource Management ; Finance and Development ; Finance and Financial Sector Development ; Human Development and Gender ; Private Sector Development
    Abstract: In December 2021, the Royal Government of Cambodia (RGC) published Cambodia's Long-Term Strategy for Carbon Neutrality (LTS4CN), which outlines the country's vision in achieving a carbon-neutral economy by 2050. As part of the long-term strategies to achieve net-zero emissions, the RGC set targets for decarbonizing the transportation sector through a combination of measures, including electrifying 70 percent of motorcycles, and 40 percent of cars and urban buses by 2050. It also aims to have 30 percent of mode share by public transport in cities by 2050
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  • 38
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Keywords: Demographics and Aging ; Economic Development ; Economic Growth and Planning ; Environment ; Environment and Natural Resource Management ; Human Development and Gender ; Macroeconomics and Economic Growth ; Rural Development ; Rural Development Strategy and Policy ; Urban and Rural Development ; Urban Development ; Urban Economic Development
    Abstract: This report begins with an Executive Summary, which introduces the territorial development approach and the rationale for applying it in Lesotho's development context before going on to summarize key takeaways and recommendations. It is followed by four chapters: chapter 1, Introduction, lays out the country context, presenting in brief Lesotho's economic and demographic situation, population projections, governmental structure, and poverty profile and the government's goals. Chapter 2, territorial development framework and analysis in Lesotho, discusses the territorial development approach, its objectives, and the challenges it aims to address before presenting a customized 2 by 2 territorial framework for Lesotho and explaining how it can be applied. Chapter 3, analyzing Lesotho's Challenges through a Territorial Lens, lays out a spatial analysis centering on four development challenges: economic opportunities, internal connectivity and regional integration, access to basic services, and climate preparedness. To highlight the challenges, the chapter includes 4D heat maps linked to density, distance, disparity, and disaster risk. It also summaries case studies and real-life applications of the territorial development approach in Lesotho. Full case studies are in an annex. Chapter 4, recommendations, covers guiding principles and recommendations based on the territorial development approach and analysis
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  • 39
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Adaptation To Climate Change ; Climate Change ; Development Economics and Aid Effectiveness ; Environment ; IDA19 ; Macroeconomics and Economic Growth ; Rating System ; Resilience ; RRS
    Abstract: In response to the growing recognition that measuring inputs, such as climate finance, is not enough to capture the impacts of investments, the World Bank Group developed the Resilience Rating System (RRS). Developed over a two-year, multi-sectoral consultative process through close collaboration with internal and external actors, the RRS methodology aims to guide investment decisions and improve climate resilience in project design and outcomes. The methodology report is publicly available. The RRS evaluates and rates investment projects from C to A+, based on their resilience attributes in two complementary dimensions. The resilience of rating considers a project's design, reflecting the confidence that it will achieve its expected objectives and maximize development benefits in the face of climate and disaster risks. The resilience through rating considers a project's outcomes and reflects its contribution to improving climate resilience in the broader community, sector and systems, and to driving transformational adaptation. Combining the two dimension ratings provides an overall project rating, from CC to A+A+
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  • 40
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Adaptation To Climate Change ; Climate Resilient Transport ; Decarbonization ; Environment ; Green Growth ; Infrastructure Economics ; Infrastructure Economics and Finance ; Road and Bridge Infrastructure
    Abstract: At five percent of energy emissions, transport is one of the major contributors to greenhouse gas (GHG) emissions in Indonesia. The rapid growth in vehicle fleet-personal passenger vehicles in particular is driving road transport emissions. Indonesian cities are suffering from severe congestion, air quality issues, and increasing numbers of road accidents and fatalities. Private transport dependence is increasing in Indonesian cities. The growth in Indonesia's urban population has led to a growth in urban area boundaries, suboptimal spatial patterns, and increased travel distances. The availability and quality of public transport is highly deficient and largely left to fragmented unorganized players with old and poorly maintained minivans (angkot). Electric vehicle mobility has been identified as a major prospective area of development for Indonesia. The market response has been timid so far and, despite the government electrification plans, the EV market uptake as a fraction of total vehicle sales is small Large gains in both economic development and climate mitigation benefits are possible through a more structured approach towards urban mobility
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  • 41
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Conflict and Development ; Damages ; Earthquake ; Environment ; Grade Methodology ; Herat Province ; Natural Disasters
    Abstract: Following the Herat province (Western Afghanistan) earthquake sequence of October 7 to 15, 2023, the World Bank carried out a remote desk-based assessment of the physical damages using the Global RApid post-disaster Damage Estimation (GRADE) methodology. The objective of the assessment is to develop a model-based estimate of the direct physical (economic) damages to residential buildings (houses), non-residential buildings (e.g., education, health, worship, commercial, industrial assets) and infrastructure (e.g., transport, power, water, telecommunications), and to evaluate the spatial distribution of damages in order to support the development of a roadmap for recovery and reconstruction. This report summarizes the key findings of the assessment
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  • 42
    Language: English
    Pages: 1 Online-Ressource (24 pages)
    Parallel Title: Erscheint auch als Floreani, Vincent A Costing Disasters: Hedonic Pricing, Neighborhood Effects, and the Nepal Gorkha Earthquakes
    Keywords: Climate Change Economics ; Earthquakes ; Environment ; Hedonic Price ; Housing Prices ; Imputed Rent ; Macroeconomics and Economic Growth ; Microsimulation ; Natural Disaster ; Natural Disasters ; Neighborhood Effects ; Spatial Economics ; Welfare
    Abstract: Disasters are frequent and clearly harmful in developing countries, but precisely estimating their overall cost and distributional impact is challenging. This paper proposes a microsimulation approach to do so rapidly, borrowing concepts from both poverty analysis and urban economics. Because housing prices reflect the present value of a specific bundle of living conditions, local earnings opportunities, and local access to services, their change in the aftermath of a disaster can be interpreted as a measure of the welfare cost incurred by households. A hedonic pricing function is used to estimate such changes based on the destruction experienced by the dwellings themselves, but also on the overall destruction suffered by their surrounding areas. The first element captures the damage from worse living conditions, whereas the second captures the loss from diminished earnings opportunities and access to services. The proposed approach is illustrated by estimating the cost of the 2015 Gorkha earthquakes in Nepal. Overall, the estimated impact is comparable to that from the official assessment. But its spatial distribution is significantly different due to the pivotal influence of neighborhood effects
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  • 43
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Cyclonic Storm ; Environment ; Grade Methodology ; Natural Disasters ; Rakhine State ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: Extremely severe cyclonic storm Mocha made landfall as a Category 4-equivalent cyclone in the Saffir-Simpson hurricane wind scale on Sunday May 14, 2023, at 07:07 UTC (14:07 local time) around Sittwe city, the capital of Rakhine State, Myanmar. Given the fragile and conflict-affected situation with limited access in Myanmar, the World Bank has adopted the Global RApid post-disaster Damage Estimation (GRADE) methodology to estimate damages arising from Cyclone Mocha. GRADE is a remote, desktop analysis to estimate damage to capital stock. This report summarizes the results of the GRADE conducted to assess damages following the impact of Extremely severe cyclonic storm Mocha in Myanmar during May 2023
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  • 44
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Adaptation to Climate Change ; Climate Change ; Environment ; Food Security ; Fragile Recovery ; Pollitical Challenges ; Water Resources ; Water Security
    Abstract: Somalia has remained on a strong economic reform path despite the various global and exogenous shocks that have continued to buffet the economy. Recurrent climate-related shocks, such as cycles of droughts, floods, locusts' infestation, higher international commodity prices, as well as increased insecurity and conflict, have interrupted the country's growth trajectory. However, this has not deterred the country's commitment to continue advancing reforms to strengthen key economic institutions and promote macroeconomic stability and recovery. As a result, Somalia has continued to make progress toward meeting the conditions for achieving the heavily indebted poor country (HIPC) completion point in December 2023. Within the framework of resilience, the eighth edition of the World Bank's Somalia economic update series provides an in-depth analysis of recent economic developments and growth outlook and makes a case for integrating climate change with Somalia's growth agenda. This report highlights macroeconomic policies and reforms that promote inclusive growth and institutional building including enhancing fiscal space for development priorities while strengthening expenditure controls; strengthening financial integrity; integrating Somalia into the global financial system; and improving debt management
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  • 45
    Language: English
    Pages: 1 Online-Ressource (36 pages)
    Parallel Title: Erscheint auch als Rosenow, Samuel Kaspar Turning Risks into Reward: Diversifying the Global Value Chains of Decarbonization Technologies
    Keywords: Climate Change Mitigation and Green House Gases ; Decarbonization ; Decarbonization Technologies ; Energy ; Energy Finance ; Environment ; Export Strength Index ; Global Value Chains ; Net-Zero Emissions
    Abstract: Reaching net-zero emissions by 2050 requires unprecedented scaling up in the global deployment of critical decarbonization technologies, such as solar photovoltaics, wind turbines, and electric vehicles. This challenge is currently rife with both risks and rewards: while securing an adequate supply of these technologies has become an urgent policy priority for many countries, their high-growth global value chains also offer lucrative benefits for those able to meet the burgeoning global demand. Although recent policy responses have sought to nearshore production to reduce risks and capitalize on rewards, this paper instead lays out an evidence-based strategy to help diversify the global value chains of decarbonization technologies across countries with latent production capabilities and resource endowments. To that end, it constructs a new dataset of traded products, components, and materials associated with decarbonization technologies; develops new indexes capturing countries' current export strengths and future diversification potential in these global value chains; and highlights products with supply risks due to high market concentration levels and those with development rewards in terms of their potential for growth, knowledge spillovers, and technological upgrading. Taken together, the evidence supports the idea that there is plenty of opportunity to diversify these value chains across a larger number of countries to avoid the risks associated with reliance on only a few countries
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  • 46
    Language: English
    Pages: 1 Online-Ressource (37 pages)
    Parallel Title: Erscheint auch als Bauer, Adam Michael How Delayed Learning about Climate Uncertainty Impacts Decarbonization Investment Strategies
    Keywords: Adjustment Costs ; Carbon Policy and Trading ; Carbon Price ; Climate Change and Environment ; Climate Change Mitigation and Green House Gases ; Climate Risk ; Environment ; Green Investment ; Stochastic Modeling
    Abstract: The Paris Agreement established that global warming should be limited to "well below" 2?C and encouraged efforts to limit warming to 1.5?C. Achieving this goal presents a significant challenge, especially given the presence of (i) economic inertia and adjustment costs, which penalize a swift transition away from fossil fuels, and (ii) climate uncertainty that, for example, hinders the ability to predict the amount of emissions that can be emitted before a given temperature target is passed, which is often referred to as the remaining carbon budget. This paper presents a modeling framework that explores optimal decarbonization investment strategy when both delayed learning about the remaining carbon budget and adjustment costs are present. The findings show that delaying learning about the remaining carbon budget impacts investment in three ways: (i) the cost of policy increases, especially when adjustment costs are present; (ii) abatement investment is front-loaded relative to the certainty policy; and (iii) the sectoral allocation of investment changes to favor declining investment pathways rather than bell-shaped paths. The latter effect is especially pronounced in hard-to-abate sectors, such as heavy industry. Each of the effects can be traced back to the carbon price distribution inheriting a "heavy tail" when the remaining carbon budget is learned later in the century. The paper highlights how climate uncertainty and adjustment costs combined result in a more aggressive least-cost strategy for decarbonization investment
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  • 47
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Access To Finance ; Ecosystem Restoration ; Environment ; Environmental Protection ; Finance and Financial Sector Development ; Financing Needs ; Nature Loss ; Private Sector Development ; Private Sector Economics ; Private Sector Investment
    Abstract: Ecosystem restoration is critical to the global ambition of halting and reversing nature loss. Tremendous efforts have been deployed globally to conserve the remaining rainforests, grasslands, rivers and lakes, reefs and mangroves, and other ecosystems that are critical for safeguarding biodiversity and the ecosystem services that humanity depends on. However, the extent of environmental degradation is such that recovering the productivity of ecosystems where it has been lost is equally important - for nature, communities, and economic sectors. While restoration is often viewed as the purview of the public sector, this report demonstrates opportunities for private sector investment. It aims to shift the perception that restoration finance is limited to grant funding from domestic and international public sources only. Drawing on case studies, it highlights the investment drivers and entry points for private finance in restoration projects. The financing models presented also point to opportunities for replication and scaling. This report is a product of the Finance Task Force of the United Nations Decade on Ecosystem Restoration, an initiative led by the United Nations Environment Program and the Food and Agriculture Organization of the United Nations. The United Nations Decade aims to drive the restoration of one billion hectares of degraded land between now and 2030. The role of the Finance Task Force, chaired by The World Bank, is to catalyze action that can contribute to unlocking the capital needed to meet the United Nations Decade's goals
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  • 48
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Carbon Emissions ; Climate Change Mitigation and Green House Gases ; Digitalization ; Energy Footprint ; Environment ; GHG ; ICT Policy and Strategies ; ICT Sector ; Information and Communication Technologies
    Abstract: Digitalization is increasing rapidly worldwide, requiring more energy, and resulting in greenhouse gas (GHG) emissions. According to International Telecommunication Union (ITU) two thirds of the world's population are now online. Estimates of the internet and communication technology (ICT) sector's share of global carbon emissions vary across the literature ranging from 1.5 to 4 percent. Based on the data and estimates in this report at least 1.7 percent of global emissions stem from the ICT sector. Meanwhile, one-third of the world's population, or 2.6 billion people, remain unconnected to the internet. The large majority, about 94 percent, live in low and middle-income countries (LMICs), and less than 20 percent of LMICs have modern data infrastructure, such as co-location data centers and access to cloud computing. Connecting people in these countries will require more infrastructure and devices, which will further increase demand for scarce energy resources and drive emissions even higher if targeted interventions are not implemented. The objective of this report is two-fold. First, the report breaks down the energy and emissions profile of the sector and assesses the 30 highest emitting countries for telecommunications while providing global estimates for other ICT sector segments. The report uses a key framework for categorizing energy use and emissions, the greenhouse gas protocol corporate standard. Second, the report addresses the policy and regulatory implications inferred from this data and the examination of these issues through several country case studies
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  • 49
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Business Environment ; Climate Adaptation ; Environment ; Flood Risks ; Natural Disasters ; Private Sector Development ; Private Sector Resilience
    Abstract: Building resilience to natural disasters is imperative for sustainable private sector development and growth in Malaysia. Floods have been Malaysia's most frequent natural disaster, accounting for 85 percent of all natural disasters since 2000. This report looks holistically at the challenges of adaptation to climate change for businesses, exploring the complementarity among the public sector, the financial sector, and the private sector efforts in managing flood risks. It does so by using a range of complementary analyses that bring together the private sector perspective drawn from a firm-level survey, the financial sector perspective based on a survey of financial institutions (both banks and insurers and takaful operators), along with macro-modelling estimates of the aggregate impacts of future floods. The report concludes with a roadmap for policy action to strengthen private sector resilience and enhance the management of flood risks for businesses, zooming in on policies for the financial sector
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  • 50
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Environmental Expenditure Review
    Keywords: Access To Finance ; Adaptation To Climate Change ; Blended Concessional Finance ; Clean Energy ; Climate Investments ; Climate-Smart Agriculture ; Environment ; Finance and Financial Sector Development ; Green Housing ; Solar Power ; Waste-To-Energy
    Abstract: The document collection focuses on the concept of blended finance for climate investments, emphasizing the need for innovative financial mechanisms to address climate change. It discusses the potential of blending public and private capital to mobilize investment in climate-related projects, aiming to achieve both environmental and financial returns. The collection explores various models and case studies to demonstrate the effectiveness of blended finance in driving sustainable development and combating climate change on a global scale
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  • 51
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Artisanal Coastal Fleet ; Blue Cabotage ; Blue Economy ; Blue Tourism ; Coastal and Marine Environment ; Environment ; Investment Projects ; STP
    Abstract: The Democratic Republic of Sao Tome e Principe (STP) is the smallest independent island state in Africa, having gained independence in 1975, following the Seychelles. STP has a predominantly young population. However, as an island micro-state, the country faces many development problems specific to islands and small countries, such as weak governance capacity, the inability to provide basic services to the population, and a lack of adequate infrastructure (ports, electricity, airports). Additionally, high production and distribution costs of goods and services, including food products, exacerbate the poverty level of the population. The virtually nonexistent corporate structure and undiversified, highly dependent economy make the country vulnerable to exogenous shocks. To address these challenges, STP developed and adopted a Transition Strategy for the Blue Economy in December 2019. This strategy aims to establish the coherence of public policies linked to oceanic resources with the policies of other sectors, such as fisheries and aquaculture, tourism, and energy. The purpose of this paper is to consolidate the analysis of the three investment projects prioritized for inclusion in the National Investment Plan for the Blue Economy. While the report does not imply endorsement of these projects by the World Bank and Food and Agriculture Organization of the United Nations (FAO), its primary objective is to illuminate the drivers of cost and benefit associated with the priorities already identified by the government of Sao Tome e Principe
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  • 52
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (42 pages)
    Parallel Title: Erscheint auch als Lall, Somik V A Global Incentive Scheme to Reduce Carbon Emissions
    Keywords: Affordable and Clean Energy ; Carbon Emissions ; Carbon Policy and Trading ; Climate Change Mitigation and Green House Gases ; Environment ; Environmental Economics and Policies ; Global Carbon Incentive ; Global Carbon Reduction Incentive ; Global Warming ; Greenhouse Gas Emissions ; International Finance Institutions ; Life on Land ; Natural Resources Management ; SDG 7 ; Sustainable Development Goals
    Abstract: This paper proposes an objective way of estimating and allocating "differentiated" responsibilities for carbon emissions across countries. These responsibilities translate into specific obligations and incentives for future emission reductions and support for adaptation, mitigation, and development. The proposals in this paper should be seen as a starting point for an informed and productive debate. Under the Global Carbon Reduction Incentive, every country that emits more than the per capita global average pays into a global incentive fund. This annual payment will be calculated based on the "excess" emissions per capita, the country's population, and a dollar amount called the Global Carbon Incentive. Countries below the global per capita average would receive a payout commensurate with their "under-emission." The United States and China are the two biggest emitters and, assuming a Global Carbon Incentive of USD10, they jointly would contribute more than USD70 billion to the fund, from which nations such as India, Nigeria, Pakistan, Bangladesh, and Indonesia would be the major recipients. An important adjustment to the Global Carbon Reduction Incentive is to focus on consumption rather than production--a country should not avoid responsibility for the carbon it consumes by outsourcing production to another country. The proposal considers that countries that have used more of the collective carbon budget have benefited from the associated development and should pay for it. The proposal also considers methane emissions as well as crediting countries for their efforts toward preventing deforestation
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  • 53
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Climate Action ; Communities and Human Settlements ; Environment ; Environment and Natural Resource Management ; Life on Land ; Migration ; Migration Policies and Jobs ; SDG 13 ; SDG 15
    Abstract: The Dominican Republic (DR) is vulnerable to climate change and has a high rate of natural degradation. The DR shows evidence of significant human mobility flows of (i) internal migration, mainly rural to urban; and (ii) international cross-border migration, especially from Haiti. Given this context, the DR is an important place to study migration induced by the impacts of climate change and natural degradation. In this report, climate migration refers to migration that can be attributed largely to the slow-onset impacts of climate change on livelihoods through natural degradation such us shifts in water availability, crop productivity, ecosystem productivity, or to factors such as sea-level rise. This note builds upon previous studies undertaken regarding climate migration in the DR, and combines a quantitative modeling approach with a qualitative case study
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  • 54
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Keywords: CHVA ; Climate Change ; Climate Change Adaptation ; Environment ; Finance and Development ; Health Risks ; Health, Nutrition and Population ; Vulnerability
    Abstract: Due to global warming, the climate in most regions, especially Africa, is predicted to become more variable, and extreme weather events are expected to be more frequent and severe. These include increasing risks of droughts, flooding, and inundation due to sea-level rise in the continent's coastal areas, potentially reducing economic prospects and national development. It will be imperative for countries to mitigate and adapt to these changing climatic conditions. To succeed, the potential impacts of climate change and variability must be identified along with the country's capacity to adapt and the means to overcome barriers to successful adaptation. This climate and health vulnerability assessment (CHVA) aims to assist decision-makers in Ghana with planning effective adaptation measures to deal with climate-related health risks. The report identifies the impact of climate risks on health and health systems, the adaptive capacities in place to deal with these risks, and the gaps in the adaptive capacities. It also provides recommendations to close the identified gaps. The report adopts the World Health Organization's (WHO) operational framework for building climate-resilient health systems to analyze Ghana's adaptive capacity to adequately deal with current and future identified health risks of climate change
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  • 55
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Capital Markets and Capital Flows ; Climate Change ; Environment ; Environment and Natural Resource Management ; Rural Development ; Urban Development
    Abstract: This study's aim was to assess the growing flood risk Sao Tome and Principe (STP) faces due to climate change. It achieved this by carrying out a nationwide risk assessment for riverine and coastal flooding. The study used recently completed high-resolution national flood hazard data for the present climate (2020) and two projected climates (in 2050 and 2080), based on the climate scenario Shared Socioeconomic Pathways (SSP)3-7.0, a medium to high reference scenario resulting from no additional climate policy under the SSP3 socioeconomic development narrative. This flood risk assessment examines the potential impacts and risks to people, buildings, healthcare facilities, the education sector, and tourism under both present and future climate conditions. It shows that flood risk is driven frequent flood events. There is a significant increase of flood risk under future climate conditions
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  • 56
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Carbon Market ; Climate Change ; Digital Divide ; Environment ; Environment and Natural Resource Management ; ICT Applications ; Information Technology ; Private Sector Development ; Public Expenditure Management ; Public Sector Development
    Abstract: Enterprises in Kenya encompass a diverse and dynamic landscape, representing a crucial driver of economic growth and employment opportunities in the country. Small and medium-sized enterprises (SMEs) play a pivotal role, contributing significantly to the nation's gross domestic product (GDP) and accounting for 90 percent of the labor force. Enterprises must scale their climate action to meet Kenya's climate mitigation and adaptation goals. However, the lack of funding has limited their contribution to the climate agenda. Debt constitutes most of enterprises' funding, but the price of debt remains very high and loan tenors are short. The availability of patient capital, including private equity, is also low. Carbon markets can be an important vehicle to support an enterprise's climate action. Crucially, carbon markets function as a source of non-debt, results-based financing that does not require prior assets or collateral, potentially enabling enterprises in Kenya that struggle to access other sources of climate finance to grow. Despite this potential and the government of Kenya's commitment to scale carbon markets, Kenya's participation in international carbon markets remains concentrated, with most credits issued by a handful of developers. Many enterprises also have limited understanding on how they should develop and monetize carbon credits. The purpose of this guidebook is therefore to provide practical step-by-step guidance to help enterprises navigate the complex and fast-evolving landscape of carbon markets
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  • 57
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Adaptation to Climate Change ; Climate Change ; Economic Growth and Planning ; Environment ; Environment and Natural Resource Management ; Finance and Development ; Finance and Financial Sector Development ; Poverty Reduction
    Abstract: Pakistan is at a critical decision point. While there have been recent important examples of reform progress, economic policies over past years and decades have had overall negative impacts on sustainability, productivity, and investment. As Pakistan has fallen behind its peers, progress with poverty reduction has ceased. Human development outcomes remain dire, while the benefits of growth have accrued disproportionately to a narrow elite. Amid continued rapid population growth and a youth bulge, a growing number of young Pakistanis are frustrated by the lack of opportunities, with prospects for young women especially bleak. Pakistan is among the countries most impacted by climate change, and recent events, including the 2022 floods, have highlighted the urgent need for investment in climate resilience. The economy is now, again, sustained by a short-term International Monetary Fund (IMF) program, inflation is at record highs, the rupee has depreciated sharply, while foreign exchange reserves remain at uncomfortably low levels. Recent policy measures (including the restoration of exchange rate flexibility, subsidy reforms, and movements towards fiscal constraint) have supported economic stabilization, but the underpinning drivers of Pakistan's economic fragility remain to be addressed. This note presents critical policy shifts required to move beyond the current low equilibrium towards sustainable and inclusive economic development and poverty reduction. This note summarizes the accompanying series of policy notes. It: (i) outlines Pakistan's current development challenge; (ii) identifies the critical constraints to faster development progress; (iii) describes the major policy shifts that will be required to address current constraints; and (iv) presents broad principles to guide implementation of required reforms
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  • 58
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (41 pages)
    Parallel Title: Erscheint auch als Giuliano, Fernando The Macroeconomic Impact of Climate Shocks in Uruguay
    Keywords: Climate Change ; Climate Change Impacts ; Climate Shocks ; Droughts ; Econometrics ; Economic Forecasting ; Environment ; Environmental Disasters and Degradation ; Floods ; Macro-Structural Model ; Macroeconomics and Economic Growth
    Abstract: Uruguay is an economy that is vulnerable to precipitation patterns, as evidenced during the country's historic 2022/23 drought. Yet, and despite its rich macroeconomic and climate data environment, the country does not have a consistent macroeconomic model to address the aggregate impact of climate shocks, let alone the expected additional impact from climate change. This paper intends to fill this gap by integrating climate shocks into the World Bank's Macro-Fiscal Model, its workhorse structural macroeconomic projection model. Building on existing country studies on the sectoral effects of droughts and floods, the analysis finds that the volatility of a simulated Uruguayan economy only subject to historical climate shocks reaches 22 percent of the historical volatility of gross domestic product. Moreover, as climate shocks are only one of many shocks that can simultaneously affect an economy, incorporating exogenous macroeconomic shocks into historical climate shocks exacerbates volatility and increases potential losses. Gross domestic product can fall by 2.3 percent under a combined negative climate and macroeconomic shock of the type witnessed once every six years on average, and 4.1 percent under a once-in-40-years combined negative shock. Climate change compounds these effects going forward, worsening the magnitude of the downside risks from droughts by between 18 and 30 percent, although estimates incorporating climate change are subject to large uncertainty. The order of magnitude of these effects calls for a more systematic consideration of climate shocks in macroeconomic projections and fiscal risk assessments for Uruguay
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  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2114
    Keywords: Environment ; Gender ; Gender and Environment ; Inclusive Development ; Materials Management ; Plastic Pollution Reduction ; Social Development ; Social Inclusion and Institutions ; Vulnerable Women Inclusion ; Waste Disposal and Utilization ; Waste Management
    Abstract: This report focuses on the role of key stakeholders (policy makers, waste management practitioners, civil society, informal workers' organizations, and the private sector) in contributing to pollution reduction in South Asia while also enhancing livelihood prospects for informal waste workers-the most vulnerable of whom tend to be women. The report also demonstrates how reducing pollution and enhancing livelihood prospects are commercially sound strategies for companies and investors. Through examining the role of women in South Asia's plastic waste management systems and the challenges they face the report provides recommendations for collaborative action to improve and safeguard women's livelihoods in this sector More specifically, it examines the role of women in South Asia's plastic waste management systems and the challenges they face and provides recommendations for collaborative action to improve and safeguard women's livelihoods in this sector. Plastic pollution requires 'upstream' (waste prevention, such as reuse and repair) and 'downstream' (waste management, including recycling) solutions (Pew and SYSTEMIQ 2020). Upstream and downstream solutions fall under the broad definition of 'materials management'. The report focuses primarily on the 'downstream' aspect and key vulnerable actors, who face an imminent threat of displacement, but highlights the need to better understand and engage with vulnerable actors within upstream solutions as well
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  • 60
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2163
    Keywords: Adaptation ; Adaptation to Climate Change ; Climate Change Mitigation and Green House Gases ; Climate Governance ; Climate Resilience ; Economic Diversification ; Environment ; Finance and Financial Sector Development ; Financial Sector and Social Assistance ; Health Costs ; Natural Capital ; Poverty Reduction ; Private Sector ; Private Sector Development ; Private Sector Economics ; Republic Of Congo ; Sustainable Growth
    Abstract: The Republic of Congo (RoC) CCDR is a new World Bank core diagnostic report that integrate climate change and development considerations. It is intended to help the country prioritize the most impactful actions that can boost adaptation and reduce greenhouse gas (GHG) emissions, while delivering on broader development goals. The CCDR builds on data and rigorous research and identify main pathways to reduce climate vulnerabilities and GHG emissions, including the costs and challenges as well as benefits and opportunities from doing so. The report highlights that RoC could reduce poverty in rural areas by 40% and in urban areas by 20% by 2050 by implementing more ambitious reforms to promote economic diversification and climate resilience. It also concludes that business as usual is not an option. Economic losses could reach up to 17% of GDP by 2050 if reforms to diversify the economy and attract more climate investments are not taken. Climate impacts could also increase total health costs from USD 92 million in 2010 to USD 260 million by 2050. The report identifies four priorities to promote sustainable growth in the country: (i) stronger and greener infrastructure and services in electricity, transport, water, and sanitation can deliver transformative results; (ii) More climate-ready education, health systems and social services can save lives and bring critical resources to the poorest; (iii) More investments in natural capital including climate smart agriculture and greater forest management along will help create jobs while reducing carbon emissions; (iv) better climate governance to leverage carbon markets. The forest contributes to USD 260 million in timber exports and store over 44 billion tons of carbon dioxide equivalent emissions. Protecting and valorizing the forest is critical to turn the country's natural capital into wealth. The report emphasizes that the private sector has a critical role to play in mobilizing financing for an ambitious set of reforms and investments in the context of tight fiscal space. This will require raising awareness on risks and opportunities from climate change, and innovative solutions and financial sector reforms
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  • 61
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (57 pages)
    Parallel Title: Erscheint auch als Baseler, Travis Disastrous Displacement: The Long-Run Impacts of Landslides
    Keywords: Climate Change Impacts ; Climate Refugees ; Displacement ; Displacement and Mental Health ; Environment ; Forced Migration ; Government Adminitrated Relocation ; Landslide Impact ; Living Standards ; Mental Health and Natural Disaster ; Natural Disasters ; Poverty Reduction
    Abstract: Natural disasters displace millions of people a year, but little is known about their long-run impacts when institutional capacity to respond to the disaster is low. This paper estimates the long-run impacts of six major landslides in Uganda, where most affected households received little aid. The analysis combines administrative and survey data from nearly the full population of affected and nearby households with exact landslide paths and a geological model of landslide risk to identify impacts relative to nearby households facing similar risk. Landslides substantially increase long-term displacement and migration, and affected households have significantly worse economic and mental health outcomes years afterward. Displacement worsens long-run outcomes, especially when not administered by the government. These findings contrast with many other studies of natural disaster, and suggest that the positive impacts of displacement require a favorable financial and institutional environment unlikely to be found in many countries
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  • 62
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Adaptation To Climate Change ; Economic Growth ; Environment ; Fossil Fuels Subsidies ; Hydrocarbon Prices ; Inflation ; Macroeconomic Growth ; Macroeconomics and Economic Growth ; Non-Performing Loans ; Social Safety Nets ; Transport Sector
    Abstract: This is the tenth edition of the Republic of Congo Economic Update. Each edition of this annual report presents an overview of the Republic of Congo's (ROC) evolving macroeconomic position, followed by a detailed exploration of a specific topic. The first chapter of this year's update presents recent economic developments and macroeconomic outlook and risks. It also includes policy actions that could help strengthen fiscal and debt sustainability, contain food inflation, and sustain economic recovery. The second chapter discusses fossil fuel subsidies, which represent a significant fiscal burden in the Republic of Congo
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  • 63
    Language: English
    Pages: 1 Online-Ressource (63 pages)
    Parallel Title: Erscheint auch als Blanchard, Paul Struggling with the Rain: Weather Variability and Food Insecurity Forecasting in Mauritania
    Keywords: Adaptive Social Protection ; Climate Change and Health ; Climate Vulnerability ; Drought ; Early Warning System ; Environment ; Food Security ; Health, Nutrition and Population ; Probabilistic Risk Modeling ; Weather-Related Risk
    Abstract: Weather-related shocks and climate variability contribute to hampering progress toward poverty reduction in Sub-Saharan Africa. Droughts have a direct impact on weather-dependent livelihood means and the potential to affect key dimensions of households' welfare, including food consumption. Yet, the ability to forecast food insecurity for intervention planning remains limited and current approaches mainly rely on qualitative methods. This paper incorporates microeconomic estimates of the effect of the rainy season quality on food consumption into a catastrophe risk modeling approach to develop a novel framework for early forecasting of food insecurity at sub-national levels. The model relies on three usual components of catastrophe risk models that are adapted for estimation of the impact of rainy season quality on food insecurity: natural hazards, households' vulnerability and exposure. The paper applies this framework in the context of rural Mauritania and optimizes the model calibration with a machine learning procedure. The model can produce fairly accurate lean season food insecurity predictions very early on in the agricultural season (October-November), that is six to eight months ahead of the lean season. Comparisons of model predictions with survey-based estimates yield a mean absolute error of 1.2 percentage points at the national level and a high degree of correlation at the regional level (0.84)
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  • 64
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Adaptation To Climate Change ; Carbon Revenues ; Climate Change Adaptation ; Decarbonization ; Environment ; GHG ; Greenhouse Gas Emissions ; International Shipping ; Maritime Infrastructure ; Zero-Carbon Energy
    Abstract: International shipping accounts for nearly three percent of global greenhouse gas emissions. If no further action is taken, these emissions are set to grow significantly. Apart from reducing emissions, there is a strong call for shipping's decarbonization to be equitable. In this light, the International Maritime Organization is considering a price on carbon. This could raise USD 40 to USD 60 billion annually in revenues between 2025 and 2050. The report discusses which countries could access carbon revenues, for what purposes, and on what terms. It argues that revenues should be used to decarbonize shipping, enhance maritime infrastructure, and support broader climate aims. This (mix of options to use carbon revenues) would speed up shipping's transition to zero-carbon energy, help build the necessary infrastructure, lower maritime transport costs, and result in climate benefits beyond maritime transport. It would also ensure that all countries, including those with no shipping industry or ports, could access carbon revenues. By developing a smart and flexible framework, the report shows how carbon revenues could be distributed to maximize climate benefits and support an equitable transition
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  • 65
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Adaptation To Climate Change ; Air Quality ; Carbon Footprint ; Climate Change Economics ; Decarbonization ; Economic Forecasting ; Economic Growth ; Environment ; Growth Prospects ; Inflation ; Low-Carbon ; Macroeconomics and Economic Growth ; Monetary Policy
    Abstract: Kenya's economic performance softened in 2022, steering towards country's long-term growth rate. Real GDP expanded by 4.8 percent in 2022, a deceleration compared with the strong rebound from the Covid-19 crisis at 7.5 percent annual growth in 2021 but broadly aligned with growth rates of Kenya's potential GDP as well as of the pre-pandemic decade. The adverse weather shock of the last two years has been a major drag on economic growth, with growth in real GDP excluding agriculture standing at 6.3 percent in 2022. Besides, the impacts of tightening of domestic macroeconomic policies and challenging global financial conditions significantly hurt domestic economic activity, especially in the latter half of the year
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  • 66
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Keywords: Adaptation To Climate Change ; Buildings and Appliances ; Carbon Neutrality ; Energy ; Energy and Environment ; Energy Efficiency ; Energy Transition ; Environment ; Sustainability ; Urban Development ; Urban Housing
    Abstract: Sri Lanka recognizes the crucial role of energy efficiency in advancing its development agenda, reaching carbon neutrality by 2050, and fostering a sustainable energy transition. Energy efficiency has long been integrated into the country's legislative and policy framework, with initiatives dating back to 1985. This commitment aligns with the global goals of sustainable economic development, affordability, supply security, and climate action. The country leverages energy efficiency strategically, to drive sustainable economic development and strengthen climate resilience across sectors, including the vulnerable sectors of tourism, fisheries, tea plantation, and agriculture. In addition, Sri Lanka has pledged to reduce greenhouse gas (GHG) emissions and implement measures to address climate vulnerabilities across sectors. Chapter 1 examines the energy efficiency potential of Sri Lanka's commercial, public, and industrial buildings, with a focus on space cooling, lighting, and passive energy efficiency measures. Chapter 2 outlines the regulatory framework, laws, policies, and institutional setup that govern energy efficiency initiatives in Sri Lanka. Chapter 3 discusses implementation capacity from technical and financing perspectives. Chapter 4 summarizes key barriers to the deployment of energy efficiency technologies, presents selected mitigation measures, and outlines principles for prioritizing recommendations. Finally, chapter 5 suggests priority actions to scale up energy efficiency investments in the immediate, intermediate, and sustained phases
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  • 67
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Climate and Development Reports (CCDRs)
    Keywords: Adaptation To Climate Change ; Climate Change ; Deforestation ; Environment ; Forests ; GHG Emissions ; Political Economy ; Private Sector
    Abstract: The world faces a triple crisis of three interconnected issues-development, climate, and nature- and current levels of climate action are insufficient. Beyond the grim headlines, there are increasingly clear opportunities to achieve triple wins. To support the alignment of sustainable development priorities and actions with climate change risks and objectives, the World Bank launched the Country Climate and Development Report (CCDR) in 2022. This core diagnostic tool aims to help countries prioritize the most impactful actions to boost resilience and adaptation and reduce GHG emissions, while delivering on broader development and sustainability objectives. CCDRs now cover 56 percent of the population of low- and middle-income countries (LICs and MICs) and 73 percent of their gross domestic product (GDP). The second set of CCDRs also includes one high-income country (HIC), Romania. A main addition of the CCDRs published since COP27 relates to tropical forests, a key dimension of the global climate change challenge. The first set of CCDRs covered only 10 percent of the world's tropical forests, but the addition of key forested countries-including Brazil, the Democratic Republic of Congo, Indonesia, and the Republic of Congo-increases coverage to 56 percent. Many CCDRs (including Romania and Turkiye) also discuss the role of non-tropical forests for resilience and emission reduction. This second summary report builds on the first report published ahead of COP27. Although it is important to caveat the differences in scenarios and ambition, modeling framework, and scope of analysis, this report provides aggregated results that can help governments, private sector investors, citizens, and development partners prioritize the most impactful climate actions. It confirms-with more granularity and stronger evidence, based on more countries-key findings from the first summary report; but it also discusses new issues, such as deforestation and land degradation. It aims to inform global priorities, including the World Bank's Evolution Roadmap and Global Challenge Programs (GCP), as well as other global initiatives
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  • 68
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: Adaptation to Climate Change ; Environment ; Infrastructure Economics and Finance ; Infrastructure Finance ; Infrastructure Guidelines ; Infrastructure Regulation ; Resilient Infrastructure ; Resilient Urban Planning
    Abstract: This 'Guidance Note on Mainstreaming Resilience into Urban Planning' forms one of a suite of reports developed by AECOM for the World Bank Group under the 'Enhancement of Resilient Urban Planning and Infrastructure Investments in Urban Areas in Kenya' assignment and constitutes Deliverable 7. Aimed at municipal-level planners in Kenya, this guidance note includes activities, considerations, and examples of good practice from within Kenya and other contexts to support municipal governments with mainstreaming resilience within the urban planning system. While the primary audience is municipal-level urban planners, this guidance note is likely to be helpful and relevant to other planning system stakeholders, including developers, local politicians, government ministries, departments and agencies, community leaders, other built environmental professionals, and the general public. Throughout, the Guidance Note focusses on mainstreaming resilience. In other words, this document is not, and should not be used as, a general 'how-to' guide for urban planning. While some advice is provided within it that may be more applicable beyond the topic of resilience and/or comprises basic good practice in urban planning, that text is nevertheless included as a means to build resilience as a primary outcome
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  • 69
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Adaptation to Climate Change ; Climate Change ; Disaster Risks ; Economic Growth ; Environment ; Macroeconomics and Economic Growth ; Resilience
    Abstract: Cabo Verde is a young, small, and vibrant island nation with an open economy. Rising above its daunting geographical challenges and limited endowments, the country is a story of economic success. Reforms to the rule of law and the market have prompted significant economic and social progress since the country's independence from Portugal in 1975, leading to democratic and macro-economic stability. Its robust, albeit highly volatile, economic growth has been driven by tourism, remittances, and foreign direct investment, enabled by structural reforms and social and political stability. Despite remarkable social and economic progress, Cabo Verde's development model has been showing signs of fatigue since the 2008 global financial crisis. To guide Cabo Verde in meeting these challenges, this Country Economic Memorandum (CEM) contains two modules: (1) empowering complementary engines of growth; and (2) fostering the resilience of growth to disaster and climate-related shocks. The CEM benchmarks Cabo Verde's performance against other Small Island Developing States (SIDS), structural peers (Samoa, Sao Tome and Principe, and Vanuatu), and aspirational peers (Mauritius, Seychelles, St. Kitts and Nevis, and St. Lucia). Structural peers are countries that share similar economic characteristics and endowments, while aspirational peers are countries that have been able to grow faster and more sustainably than Cabo Verde, despite sharing similar structural conditions (Annex 1)
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  • 70
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 7755
    Keywords: Carbon Emissions From Buildings ; Climate Change Mitigation and Green House Gases ; Energy ; Energy Efficiency ; Environment ; Environmental Governance ; Green Buildings ; Growing Economies Energy Needs ; Renewable Energy ; Renewable Energy Demand ; Sustainable Development ; Urbanization and Energy Use
    Abstract: Globally, buildings account for 37 percent of energy and process-related carbon dioxide (CO2) emissions. With increasing urbanization and population growth, demand for energy will continue to increase faster than the supply of renewable energy. This means that increasing the efficiency of current energy use is critical to climate change mitigation efforts while also meeting the development requirement of growing economies. Regulations that can increase the energy efficiency of buildings and reduce the carbon footprint of buildings are thus vital to reducing greenhouse gas (GHG) emissions and to achieving the Paris Agreement's goal of keeping the increase in average global temperature below 2degreeC. This checklist aims to facilitate a robust approach to reviewing green building provisions in building regulations by providing a discussion of fundamental green building components of building regulations, and a systematic approach to review green building provisions in regulations
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  • 71
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 36277
    Keywords: Avoid-Shift-Improve ; Carbon-Efficient ; Climate Change Mitigation and Green House Gases ; Decarbonization ; Environment ; Urban Development ; Urban Transport
    Abstract: The path to low-carbon urban transport looks fundamentally different in developed and developing countries. Most cities in developing countries have not yet developed their land use and transportation infrastructure around cars, leaving a window of opportunity to chart a new path to low-carbon, efficient and inclusive urban transport. While developed countries may focus on retrofitting existing fleets (e.g., through electrification), developing countries can build their transport systems with a low-carbon approach at the core, allowing for more inclusive and climate-friendly growth in the future. With this approach, most of the changes that make urban transport greener also make cities more livable. Encouraging dense, compact, and mixed-use development (while limiting sprawl) and building effective public transport systems and safe pedestrian routes all reduce traffic and local pollution while increasing citizens' ability to access jobs, health services and education. This report provides a framework that can help cities leverage these synergies and create transport systems that will support social and economic development outcomes while also reducing emissions
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  • 72
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2185
    Keywords: Adaptation To Climate Change ; Capital Markets and Capital Flows ; Central Banks ; Environment ; Finance and Financial Sector Development ; Financial Instruments ; Financial Technology ; Global Initiatives ; Green Bonds ; International Capital Markets ; Mutual Funds ; Public Sector ; Sustainability
    Abstract: This fifth edition of the 'Emerging Market Green Bonds Report' reviews key green, social, sustainability, and sustainability-linked (GSSS) bond market trends in 2022 and outlines our expectations for 2023 and beyond. It also discusses the implications for the asset class of recent developments in policy, regulation, and technology. As in the previous four editions, this year's report is also the result of joint work by Amundi, a leading European asset manager, and the International Finance Corporation (IFC), a member of the World Bank Group
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  • 73
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: Adaptation to Climate Change ; City Development Strategies ; Design Documentation ; Environment ; Gender Consideration ; Green and Blue Infrastructure ; Infrastructure Economics and Finance ; Infrastructure Regulation ; Resilient Urban Infrastracture ; Sectoral Design ; Urban Development
    Abstract: This Resilient Urban Infrastructure Guidelines forms one of a suite of reports developed by AECOM for the World Bank Group under the 'Enhancement of Resilient Urban Planning and Infrastructure Investments in Urban Areas in Kenya' assignment and constitutes Deliverable 2. This guidance note provides simple guidance for increasing the resilience of municipal infrastructure projects, and of communities, to physical risks, notably impacts of climate changes. This will increase the sustainability of investments under Second Kenya Urban Support Program (KUSP2), enabling them to perform their required function for their proposed design life, in a changing climate. It follows, roughly chronologically, the project development and design process. For the purposes of this note, resilient urban infrastructure is defined as infrastructure that is designed to deliver essential services now and in the future. It is prepared for and can withstand, adapt and recover positively from the physical (and climatic) shocks and stresses it may face over its lifetime. This is both with regards to the assets themselves, as well as the wider system that these assets are part of, which could include: the natural environment, the urban system, the operators, and the communities that interact with them
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  • 74
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Air Quality ; Air Quality and Clean Air ; AQM ; Dushanbe ; Emission Reduction ; Emission Sources ; Environment
    Abstract: The Air Quality Management (AQM) system in Tajikistan needs strengthening in its key policy and institutional as well as technical aspects to reduce health impacts of air pollution in the most polluted airsheds (Dushanbe and other urban centers). The World Bank's first engagement to strengthen Tajikistan's AQM aims to develop a better understanding of the priorities and needs in addressing air pollution and to support the government of Tajikistan in identifying key air pollution reductionmeasures. This summary report and the attached presentation detail the outcomes of Tajikistan's first AQM study, which is envisioned to continue. The study provides recommendations for all components of the AQM framework based on an analysis of the current status and gaps. It provides: 1) air quality (AQ) monitoring and population exposure assessment, 2) source attribution, 3) emissions-reduction interventions, and 4) recommendations to strengthen AQM Policies. The study prioritizes fine dust particles (PM2.5) due to their significant health impacts
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  • 75
    Language: English
    Pages: 1 Online-Ressource (30 pages)
    Parallel Title: Erscheint auch als Baquie, Sandra Impacts and Sources of Air Pollution in Tbilisi, Georgia
    Keywords: Air Quality and Clean Air ; Carbon Policy and Trading ; Carbon Pricing ; Climate Change Mitigation ; Environment ; Health Impacts of CO2 Pollution ; Transportation Pollution ; Urban Air Pollution ; Urban Development ; Urban Environment ; Urban Real Estate Prices
    Abstract: Air pollution profoundly impacts welfare, causing more deaths globally than malnutrition, AIDS, tuberculosis, and malaria combined. In the Georgian capital, Tbilisi, air pollution levels exceed international standards and surpass levels in other cities in the region. The average monthly PM2.5 concentration in Tbilisi is 20 Mu g/m3, four times higher than the World Health Organization's annual recommended limit. This paper uses multiple data sources -- administrative data, satellite imagery, private real estate transactions, and traffic data -- to estimate the impact of air pollution on the health and productivity of people in Tbilisi. It estimates that a 1 percent increase in PM2.5 levels corresponds to a 0.24 percent increase in respiratory hospitalization rates. A 1 percent increase in PM2.5 is also associated with a 0.2 percent decrease in rental prices. All the estimates are lower bounds of the total impact of air pollution as they only account for short-term consequences. The study shows that traffic and industrial activity are significant drivers of air pollution in Tbilisi. The paper also estimates the positive co-benefits of potential carbon pricing policies from air pollution reduction. Adopting a carbon tax of USD 25 per ton would reduce hospitalizations by 0.44 percent per district by 2036, while increasing rental prices by 0.38 percent
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  • 76
    Language: English
    Pages: 1 Online-Ressource (84 pages)
    Parallel Title: Erscheint auch als Ghose, Devaki Fertilizer Import Bans, Agricultural Exports, and Welfare: Evidence from Sri Lanka
    Keywords: Agricultural Trade ; Agriculture ; Agriculture Export ; Chemical Fertilizer and Food Production ; Chemical Fertilizer Ban ; Environment ; Environmental Economics and Policies ; Environmental Governance ; Fertilizer-Dependent Crops ; Fertilizers ; Fertilizers and Agricultural Chemicals Industry ; Import Ban ; Industry ; Non-Tariff Trade Measures ; Organic Farming Transition
    Abstract: This paper quantifies the value of fertilizer for agricultural production and trade in a developing economy where agriculture is centrally important by using an unprecedented natural experiment whereby the government of Sri Lanka imposed an abrupt and unexpected ban on the imports of all chemical fertilizers in May 2021. The analysis combines novel high-frequency firm-level trade data, detailed agricultural ground production data, crop yield estimates from state-of-the-art remote sensing techniques, and dynamic event study designs. The findings show that the fertilizer ban led to dramatic declines in agricultural production, fertilizer imports, and exports of fertilizer-dependent crops. Using a quantitative trade model, the paper finds that the ban's welfare effects were equivalent to a 1.5 percent income reduction on average, with losses disproportionately concentrated on landowners (whose income is tied to agriculture) relative to workers and on regions specialized in the cultivation of relatively fertilizer-intensive crops. The findings quantify the equilibrium value of fertilizer in agriculture, an important estimate for any fertilizer-related policy (such as fertilizer subsidies) and for the public debate on the costs and benefits of environmental regulation more generally
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  • 77
    Language: English
    Pages: 1 Online-Ressource (302 pages)
    Parallel Title: Erscheint auch als
    Keywords: Deforestation ; Energy ; Environment ; Fertilizer ; Fisheries ; Fossil Fuels ; Government Spending ; Malaria ; Oceans ; Pollution ; Subsidies
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  • 78
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Environment ; Flood Hazard ; Flood Risk Assessment ; Hazard Risk Management ; Infrastructure Interventions ; Natural Disasters ; Project Management ; Urban Areas ; Urban Development
    Abstract: This Urban Flood Risk Handbook: Assessing Risk and Identifying Interventions is a roadmap for conducting an urban flood risk assessment in any city in the world. It includes practical guidance for a flood risk assessment project, covering the key hazard and risk modeling stages as well as the evaluation of different flood-mitigating infrastructure intervention options and management of the project. The Handbook has been developed based on lessons learned from implementing urban flood risk assessments around the world in a diversity of contexts. It is intended for a wide variety of practitioners: project managers, city officials, and anyone else interested in conducting a strategic study of a city's flood risk and developing potential solutions for it. We expect this Handbook tocontribute to the understanding of urban flood risk, make this specialized knowledge more accessible to a wider public, and support the process of building cities that are not only capable of withstanding floods but also provide safe, inclusive, and sustainable environments for all their residents
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  • 79
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Conflict ; Conflict and Development ; Earthquake ; Economic Assistance ; Economic Forecasting ; Economic Impact ; Environment ; Humanitarian Constraints ; Inflation ; Limited Response ; Macroeconomics and Economic Growth ; Natural Disasters
    Abstract: Twelve years into a devastating civil war, a one-in-two-century earthquake devastated northwestern Syria. The 7.6 Richter scale shock was the deadliest in Syria after the one that hit Aleppo in 1822. Using novel data sources, such as big data, this Syria Economic Monitor analyzes what happens to a conflict-affected economy in the months following a large natural disaster. The earthquake created large human losses and physical damages in the most contested areas of the country. The earthquake also had significant socioeconomic impacts, exacerbating preexisting vulnerabilities. However, funding shortfall and humanitarian constraints impede response efforts. As a consequence, economic contraction in Syria is likely to deepen further post-earthquake
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  • 80
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Circular Economy ; Construction ; Environment ; Environmental Economics and Policies ; Fisheries ; Packaging ; Plastic Pollution
    Abstract: The circular economy has become a priority in recent decades as policy makers seek to facilitate a transition from linear production systems to closed systems that reuse resources, reduce energy consumption and avoid the exploitation of nonrenewable resources. This regional gap analysis reveals several important trends. Key among them is a rapid rate of increase. Plastic consumption in the WACA region was estimated at 7.9 million tons in 2021; at current growth rates, this could increase to 12 million tons by 2026. The WACA region relies heavily on imported plastic-related goods from sources outside the region, such as Asia. Nigeria was found to be both the largest producer of plastic products and the biggest importer of plastic parts and products, in addition to being the WACA region's only producer of virgin plastic resin. Other notable major producers of plastics in the WACA region include Ghana and Cote d'Ivoire. The plastic landscape investigation included a spatial analysis of plastic waste generation across the WACA region. This revealed varying rates of national annual plastic generation. The spatial analysis work also led to the identification of 71 plastic waste generation hotspots across the WACA region, with a concentration in Nigeria. The plastic market analysis revealed that the three industry sectors (construction, plastic packaging, and fisheries) represented 78 percent of total plastic consumption in 2021. By 2026, the three sectors' business-as-usual plastic consumption is expected to reach 9.5 million tons, with per capita plastic waste growing from 12.5 kilograms (kg) to 17.3 kg. The largest plastics consumer of the three sectors is plastic packaging, followed by construction. The plastic packaging sector could focus on new, circular economy business models over the next five years. In this sector, plastic waste recovery and avoidance/reuse/recycling of between 2.2 and 4 million tons of plastic in a "pragmatic" 1 circular scenario would reduce CO 2 emissions between 41 and 53 percent (3.6-6.7 million tons CO 2 emissions). In the construction industry, in a pragmatic circular scenario plastic avoidance would reduce CO 2 emissions between 0.1 and 0.3 million tons, and plastic waste recovery would reduce CO 2 emissions between 0.1 and 0.2 million tons. Finally, in the fisheries sector, plastic avoidance under the pragmatic circular scenario would reduce CO 2 emissions between 0.03 and 0.05 million tons, and plastic waste recovery would reduce CO 2 emissions between 0.04 and 0.07 million tons. New circular business models can motivate these three sectors to reuse and extend the life span of plastic materials
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  • 81
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als Wang, Dieter Could Sustainability-Linked Bonds Incentivize Lower Deforestation in Brazil's Legal Amazon?
    Keywords: Adaptation To Climate Change ; Amazon Deforestation ; Ambitiousness ; Benchmarking ; Economic Investment and Savings ; Environment ; Environmental Economics and Policies ; Feasibiity ; Macroeconomics and Economic Growth ; Performance Based Financing ; Sustainability-Linked Bonds
    Abstract: This paper proposes a new relative evaluation and benchmarking framework for performance linked financing instruments. It argues that the carrots and sticks of sustainability-linked bonds should not use key performance indicators which are solely tied to outcomes. Instead, they should be based on its issuer's level of performance with respect to a target. The paper defines performance as the part of the outcome that the issuer can influence. Otherwise, the issuer may be rewarded or penalized for factors outside their control. In such a case, principal-agent theory would predict a dilution of the performance-based instrument's incentives. This framework is then applied to deforestation in Brazil's Legal Amazon and estimate performance by accounting for the real effective exchange rate, global commodity prices, and prevalent deforestation trends. The results show that policy efforts helped lower deforestation in the 2000s, even after accounting for external factors. The trend reversal and acceleration in deforestation since 2012 are partly due to weaker policy and macroeconomic factors. Based on these results, the paper proposes an Amazon sustainability-linked bond, which could allow for a more effective mechanism to incentivize policy efforts. The paper also introduces the feasibility and ambitiousness matrix to set sustainability performance targets. The matrix is used to define the terms low-hanging fruits and long shots and to discuss why such targets are subject to the risk of greenwashing
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  • 82
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Keywords: Adaptation To Climate Change ; Biodiversity ; Climate Change ; Energy ; Environment ; Forest Institutions ; Forest Management ; Forests ; Fuels ; Information and Communication Technologies ; Land Degradation ; Landscape Restoration ; Legal Framework ; Non-Wood Forest Products ; NWFPs ; Protected Areas
    Abstract: This note synthesizes multiple reports produced under World Bank support to the Government of Armenia (GoA) in undertaking landscape restoration opportunities assessment and provides a detailed overview of opportunities and challenges in the forestry sector. Armenia is a forest-poor country; only 11.2 percent of the territory (334,100 hectares (ha) is forested, which is concentrated in three marzes: Tavush and Lori in the north and Syunik in the south. The predominant forest type is naturally grown broad-leaved mountain forest with a small area of pine forest. Estimates on the state of the forests, their extent, quality, health, and harvested volumes vary widely depending on the data sources and methodology used. Based on wood consumption data, harvesting volumes must be much higher than officially reported, while forest growth is lower than the current official estimates. These divergences, combined with limited silvicultural management and exacerbated by fires and uncontrolled grazing, mean that sustainable forest use is clearly far from guaranteed. The note has been developed through a consultative process and is expected to inform all relevant stakeholders on the status of the forest sector and opportunities to further improve it. The objective of this note is to strengthen the dialogue with Armenia on the forest sector considering the ongoing reforms and to explore how the country can reverse landscape degradation and increase its contribution to post-pandemic economic recovery
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  • 83
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2209
    Keywords: Adaptation To Climate Change ; Climate Change ; Demographic Change ; Diversity ; Economic Forecasting ; Economic Growth ; Environment ; Inclusivity ; Macroeconomics and Economic Growth ; Megatrends ; Social Development ; Social Inclusion and Institutions ; Sustainable Growth ; Technological Change
    Abstract: In 2022, Brazil celebrated its 200th anniversary. What will Brazil celebrate at its 220th anniversary, in 2042? Following the recent elections there is a window of opportunity for reforms that will shape Brazil's development over the next decades. "The Brazil of the Future: Towards Productivity, Inclusion, and Sustainability" takes a long-term perspective on Brazil's development, exploring how prudent actions today can generate opportunities for a more prosperous, inclusive, and sustainable society over the next 20 years. The report aims to stimulate public debate about a virtuous cycle for 2042, illustrated by four alternative future scenarios. With the right reforms Brazil can become an economic powerhouse that offers opportunities for all. A more inclusive social contract can facilitate critical reforms
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  • 84
    Language: English
    Pages: 1 Online-Ressource (76 pages)
    Parallel Title: Erscheint auch als Schoder, Christian A Climate-Fiscal Policy Mix to Achieve Turkiye's Net-Zero Ambition under Feasibility Constraints
    Keywords: Bayesian Estimation ; Carbon Policy and Trading ; Climate Change Mitigation and Green House Gases ; Climate-Fiscal Policy ; Energy Policies and Economics ; Environment ; Environmental Policy Interventions ; Fiscal and Monetary Policy ; Low-Carbon Transition ; Macroeconomics and Economic Growth ; Net-Zero Pathway ; Net-Zero Policy Interventions ; Transition From Fossil Fuel
    Abstract: This paper employs an estimated dynamic stochastic open-economy macro framework to identify policy interventions that allow Turkiye to achieve net-zero emissions by 2053 while respecting important feasibility constraints such as fiscal consolidation and sovereign debt stability as well as compensation of low-income households. The policy mix includes a carbon tax, a renewable energy subsidy, transfer payments, public infrastructure investments, a bad bank for stranded fossil fuel assets, and the phase-out of fossil fuel subsidies and public investment. Although the proposed policy package has only moderate effects on gross domestic product, transition risks involve declining exports and fossil asset stranding. The paper highlights the importance of transparent policy communication and a credible commitment to the net-zero agenda to ensure an orderly transition. Improving the rule of law and access to green finance considerably support the private sector-led low-carbon transition
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  • 85
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: Adaptation to Climate Change ; Air Pollution ; Air Quality and Clean Air ; Climate Change Adaptation ; Climate Change Mitigation and Green House Gases ; Communities and Human Settlements ; Environment ; GHG ; Low-Carbon ; Natural Disasters ; Resilience ; Sustainable Cities
    Abstract: Sierra Leone is highly vulnerable to natural hazards whose impacts are exacerbated by unplanned rapid urbanization. The main victims of climate change risks and impacts in urban Sierra Leone are the urban poor who also bear the brunt of multiple crises such as Ebola and Coronavirus Disease (Covid-19). In response to these impacts, local councils are front and center in implementing climate action activities in Sierra Leone. Therefore, this report situates local councils at the center of climate action. By focusing at the urban and community level, it has three objectives: (i) Identify the risks and impacts of climate change, (ii) Explore what local councils are already doing, and (iii) Determine what they could do more of, or better
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  • 86
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: General Economy, Macroeconomics, and Growth Study
    Keywords: Adventure Tourism ; Economic Growth ; Environment ; Hiking Sector ; Macroeconomics and Economic Growth ; Tourism and Ecotourism ; Travel
    Abstract: The World Bank, in coordination with the Government of Cabo Verde, has partnered with the Adventure Travel Trade Association (ATTA) to develop a research study about the current status of the adventure tourism sector in Cabo Verde, particularly the hiking segment. The purpose of this research is to understand the potential of Cabo Verde as an adventure travel destination and the island of Santo Antao as a world-class hiking hotspot. The methodology followed a four-pronged approach to incorporate the vision of travelers visiting the country, the trade industry and international tour operators, a technical expert analysis, and secondary research of the hiking sector globally. The analysis provides a roadmap to advise the country's stakeholders in taking the relevant decisions to accelerate the path to achieve this objective
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  • 87
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Adaptation to Climate Change ; Digital and Green Patents ; Environment ; ICT Applications ; Information and Communication Technologies ; Transition Technologies ; Twin Transition
    Abstract: The objective of this project is to map the East Asian metropolitan areas that are leading the digital and green transition (twin transition). The research will leverage patent data to identify green technologies and digital technologies in which East Asian metropolitan regions have managed to develop a relatively strong position, how such positions have changed over time, and to what extent both types of technologies tend to support or reinforce each other. The knowledge piece will provide high-end data visualizations and analytics to inform policymakers and stakeholders and better leverage knowledge in these different ecosystems
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  • 88
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2114
    Keywords: Circular Economy ; Ecosystem ; Environment ; Health Economics and Finance ; Health Insurance ; Institutional Capacity ; Marine Environment ; Plastic Pollution ; Plastics Lifecycle ; Plastics Policies ; Public and Private Stakeholders ; Social Protections and Assistance ; Waste Management
    Abstract: The growth and impacts of plastic pollution have emerged as a major environmental challenge globally. Plastic pollution has a wide range of impacts on public health, ecosystems, biodiversity, and economies and can occur during each stage of the plastic lifecycle, from extraction of raw materials, production and use through to end-of-life. Many countries have started to implement policies to manage plastic pollution and its impact, but as yet there is little evidence about their effectiveness or guidance on their application. The purpose of this report is to review the experiences and lessons learned from the development and implementation of policies to manage plastic pollution and provide evidence-based policy guidance. The structure of this report is as follows. Following the Introduction, Chapter 2 provides an overview of plastics and their uses and impacts, entry points for plastic pollution control, and the basics of plastics policies. Chapter 3 examines the experience and lessons learned from policy making and implementation in the set of country case studies, supplemented by information from relevant literature. It identifies what policy aspects have worked and which were less effective or missing across the design, implementation, enforcement, monitoring, reporting and evaluation of policies. Chapter 4 summarizes key issues regarding plastics policies and concludes with considerations for the guidance of a successful policy design and implementation process to manage plastic pollution
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  • 89
    Language: English
    Pages: 1 Online-Ressource (38 pages)
    Parallel Title: Erscheint auch als Damania, Richard Is Natural Capital a Complement to Human Capital? Evidence from 46 Countries
    Keywords: Climate Change and Health ; Deforestation and Health ; Disease Control and Prevention ; Economic Development and Deforestation ; Ecosystem Services ; Environment ; Health, Nutrition and Population ; Natural Resources ; Stunting and Waterborne Disease ; Sustainability ; Valuation of Environmental Effects ; Water Pollution
    Abstract: The environment has long been the foundation of human flourishing, but its continued degradation is threatening to reverse recent development gains, especially in human health. This paper analyzes the possible complementarity between natural and human capital by linking high-resolution deforestation data with health outcomes for 0.7 million children across 46 countries. Forest loss is often a consequence of economic activities that may confer market and other benefits. At the same time, it can adversely affect the provision of forest ecosystem services and reduce the associated socioeconomic and environmental benefits for rural communities. The net effect is thus ambiguous. The paper focuses on the hydrological services provided by forests and exploits quasi-random variation in deforestation upstream to assess the impacts on waterborne disease outcomes for rural households downstream. The results not only indicate increases in diarrheal disease incidence among children under 5 years old, but also offer new evidence of early-life exposure to deforestation on childhood stunting, a well-known indicator of later-life productivity. A case study for Peru shows similar results for diarrheal disease, but a weaker effect of forest loss on stunting. The paper concludes that maintaining natural capital has the potential to generate meaningful improvements in long-run human capital
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  • 90
    Language: English
    Pages: 1 Online-Ressource (37 pages)
    Parallel Title: Erscheint auch als Carletto, Gero Too Rare to Dare? Leveraging Household Surveys to Boost Research on Climate Migration
    Keywords: Climate Change ; Climate Change and Health ; Climate Change Impacts ; Climate Change Mitigation and Green House Gases ; Climate Migration ; Climate Migration Nexus ; Environment ; Global Warming ; Health, Nutrition and Population ; Living Standards Measurement Survey (LSMS) ; Microeconomic Data ; Social Aspects of Climate Change ; Social Development
    Abstract: Reliable microeconomic data to understand the climate-migration nexus are virtually nonexistent. Nationally representative multitopic household surveys are rarely, if ever, explicitly designed for studying migration issues. Despite this limitation, most countries have no alternatives to the use of household surveys when it comes to analyzing complex multidimensional phenomena such as the interrelationship between climate change and migration. This paper offers a critical reflection on current challenges faced by multi-topic household surveys in responding to this need, but also, more importantly, on the many opportunities embedded in their use. Specifically, using the Living Standards Measurement Study as a case study, a conceptual framework, practical empirical guidance, and a methodological agenda are proposed to address data gaps and contribute to a more solid understanding of the climate-migration nexus
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  • 91
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2163
    Keywords: Adaptation ; Adaptation To Climate Change ; Climate Change ; Environment ; Manage Model
    Abstract: The Dominican Republic has made significant progress in boosting economic growth and reducing poverty, but it still faces challenges to achieve inclusive and equitable development, increase productivity, and improve the competitiveness and sustainability of primary sectors like agriculture, water, tourism, and energy. The National Development Strategy (NDS) and the National Multi-Year Public Sector Plan (NPSP) aim to address development and climate challenges and promote a green, inclusive and resilient future. The DR is highly vulnerable to climate change, which is likely to compound existing development challenges. By 2050, climate change impacts are expected to decrease labor productivity and affect health, crop yields, tourism, infrastructure capital, and natural ecosystems such as forests and coastal areas. Climate change also poses risks to the financial system such as the banking sector's heightened credit exposure to tropical cyclones and droughts. Although the DR has a small carbon footprint, the country's GHG emissions have been rising, mainly in the energy, waste, and agricultural sectors. Fostering a low-carbon growth path can support the country's climate change goals while bringing important development co-benefits. The Dominican Republic CCDR employs a version of the MANAGE model. This CCDR further extends the model to incorporate the path of emissions from key sectors (transport, energy, AFOLU), and to incorporate DR-specific climate damage functions to introduce the impact of climate change on the economy
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  • 92
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2163
    Keywords: Adaptation To Climate Change ; Climate Change ; Energy ; Environment ; Health ; Social Protection ; Water and Food
    Abstract: This Country Climate and Development Report (CCDR) for the West Bank and Gaza examines the social and macroeconomic impacts of climate change under three alternative scenarios that reflect different levels of climate action and divergent economic growth trajectories. The scenario analysis builds on sector-level assessments focused on the water-energy-food nexus, urban development, and the macroeconomic framework and is informed by extensive stakeholder consultations and the stated climate priorities of the Palestinian Authority (PA). The health and social-protection sectors are treated as cross-cutting factors in this analysis, reflecting the critical importance of service provision and human capital in a fragile context like the West Bank and Gaza
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  • 93
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (45 pages)
    Parallel Title: Erscheint auch als Mercer-Blackman, Valerie Are Carbon Taxes Good for South Asia?
    Keywords: Adaptation To Climate Change ; Carbon Tax ; Climate Change ; Decarbonization ; Energy Transition ; Environment ; Fiscal Incidence ; Fossil Fuel Subsidy Reform ; Revenue Recycling
    Abstract: This paper estimates the effects of gradually introducing a USD 25/ton CO2-equivalent carbon tax in South Asian economies using the Climate Policy Assessment Tool (CPAT). The results for South Asia suggest that monetized welfare co-benefits net of efficiency costs from such a tax-regardless of what other economies or regions do-are resoundingly positive, at 1.4 percent of GDP in 2030. Revenues from the carbon tax are estimated at 1.3 percent of GDP in 2030, which is substantial for a region with a low tax-to-GDP ratio. Once these revenues are recycled, the Keynesian multiplier effect through increased public investment and transfers to households is associated with slightly positive net economic growth rate effects. Household incidence analysis shows that the carbon tax can be designed as an equity-enhancing policy, given net reductions in the Gini coefficient for consumption from revenue recycling. The carbon tax is also associated with a 2 percent weighted average input cost increase across economic sectors in 2030. Finally, the paper discusses selected results on and the political economy of a comprehensive energy price reform package (fossil fuel subsidy phaseout and carbon tax), with broad guidance on its implementation. Overall, the paper provides supportive evidence for the green transition, showing that there need not be a trade-off between inclusive growth and going green in South Asia
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  • 94
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Environmental Analysis
    Keywords: Adaptation To Climate Change ; CEA ; Climate Change Adaptation ; Country Environmental Analysis ; Environment ; Natural Capital ; Natural Resources Management ; Sustainability
    Abstract: The Comoros Country Environmental Analysis 2023 aims to identify the main opportunities for the Comoros to better manage its natural capital, achieve its potential sustainably, capitalize on climate co-benefits stemming from the process, and advance the development agenda. This is the first CEA for Comoros and, as such, it constitutes an unprecedented opportunity to open avenues for effective natural resource management, poverty reduction, and the potential to boost socioeconomic development. The development of the CEA was based on a combination of literature review, secondary data analysis, stakeholder interviews, and focus groups conducted in early 2022. The outcomes of the CEA have been validated through a verification workshop with the country's key stakeholders. Given the lack of data on the natural capital of the Comoros, this CEA seeks to identify opportunities to strengthen the methodological soundness of natural resource management in the Comoros to enable evidence-based decision-making and prioritization of interventions
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  • 95
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Blue Economy ; Climate Change and Environment ; Coastal and Marine Environment ; Economic Investment and Savings ; Environment ; Investements ; Macroeconomics and Economic Growth ; Marine Resources ; Marine Spatial Planning ; Sustainability
    Abstract: The Kingdom of Morocco is endowed with a wealth of marine resources, characterized by high biodiversity with at least 600 identified fish species. In total, Morocco's coastal areas contribute 59 percent of the country's GDP and provide 52 percent of jobs. There is an even greater untapped potential in existing and emerging blue sectors such as aquaculture, seaweed farming, and marine renewable energy. Morocco can develop coastal clusters that attract investment and create jobs while ensuring sustainability. The Government of Morocco launched its Blue Economy Program to improve job creation and economic growth, as well as the sustainability and resilience of natural resources and food security. The program aims to develop Morocco's institutional frameworks, improve integrated natural resource management, and strengthen selected sectors in targeted areas for a climate-resilient Blue Economy. The World Bank defines the Blue Economy as the sustainable and integrated development of economic sectors in a healthy ocean. To support the Government of Morocco in implementing its program, the World Bank has approved a US350 million dollars loan through its Blue Economy Program for Results (Blue Economy PforR). As part of Morocco's Blue Economy Program, and with the dual objective of nature conservation and support for artisanal fisheries, the DPM requested technical assistance (TA) from the World Bank on the use of marine spatial planning (MSP) tools for the conservation of fishery resources, with the aim of creating marine protected areas for fisheries management (MPA-Fs) that are based on the best international planning practices
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  • 96
    Language: English
    Pages: 1 Online-Ressource (43 pages)
    Parallel Title: Erscheint auch als Behrer, A. Patrick Moving to Adaptation? Understanding the Migratory Response to Hurricanes in the United States
    Keywords: Adaptation To Climate Change ; Adaptation To Risk ; Climate Change ; Communities and Human Settlements ; Cyclones ; Environment ; Housing and Human Habitats ; Human Migrations and Resettlements ; Migration
    Abstract: Using data on the paths of all hurricanes in the Atlantic Basin from 1992 to 2017, this paper studies whether migration has served as a form of adaptation to hurricane risk. The findings show that on average hurricanes have little to no impact on county out-migration, with population-weighted exposure to hurricanes increasing slightly over the sample period. Counties with high economic activity see net in-migration in the years after a hurricane. Further, return migration likely plays a role in offsetting any out-migration in the year of the storm. The intensity of pre-hurricane migration between county pairs is a strong predictor of excess migration after a hurricane, suggesting that existing economic and social ties dominate in post-hurricane migration decisions. Given existing policies and incentives, the economic and social benefits that people derive from living in high-risk areas currently outweigh the incentive to adapt to future storms by relocating across counties
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  • 97
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2114
    Keywords: ALDFG ; Environment ; Fishing Gear ; Marine Plastic Pollution ; Persistent Organic Pollutants ; Plastic Waste ; Pollution Management and Control
    Abstract: In recent years, marine plastic pollution has emerged as a significant global issue. At the global level, it is estimated that 80 percent of all plastic pollution found in the marine environment originates from land-based sources and the remaining 20 percent from marine sources. Abandoned, lost, or otherwise discarded fishing gear (ALDFG), colloquially known as ghost gear, contribute significantly to plastic pollution in the ocean. Estimates of the contribution to ALDFG vary based on model and estimation techniques employed, and gear loss and impacts also vary by gear type. The physical impacts of ALDFG are well-documented and not only include entanglement and capture but also ingestion. Abandoned, lost, or otherwise discarded fishing gear, as with other marine plastic pollution, can travel long distances via winds and ocean currents before sinking, accumulating along shorelines, or converging in large plastic patches in the oceans, such as the one in the Bay of Bengal Large Marine Ecosystem (BoBLME). The problem of ALDFG is global, though it varies in nature from location to location and is dependent on various factors. The lack of comprehensive monitoring makes it difficult to determine the extent of plastic pollution from fishing vessels, namely fishing gear. The first step requires the development of measurement systems and national baseline assessments to identify gaps and interventions. These interventions may take various forms, from enabling the substitutability of gear materials, to valorizing waste materials and providing better waste management systems to incentivize behavioral change. While such interventions present significant challenges, there is a critical need to inform policy development and provide institutional and investment recommendations to minimize the stream of plastic waste from fishing and fishing-related activities
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  • 98
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2209
    Keywords: Adaptation To Climate Change ; Blue Carbon ; Blue Economy ; Environment ; Finance and Development ; Finance and Financial Sector Development ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; Public and Private Investment ; Readiness Framework
    Abstract: The purpose of this paper is to provide a practical framework to guide governments in catalyzing and scaling up public and private investment in Blue Carbon as part of their blue economy development. It does this by describing in detail a Blue Carbon Readiness Framework, a step-by-step, well-illustrated guide with simple checklists. Client countries can use the illustrations and checklists to determine their readiness to catalyze and scale up investment in blue carbon credit finance. The Blue Carbon Readiness Framework consists of three pillars: 1. Data and Analytics; 2. Policy and Institutions; 3. Finance
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  • 99
    Language: English
    Pages: 1 Online-Ressource (42 pages)
    Parallel Title: Erscheint auch als Dato, Prudence Who should Drive Green Technology Transitions in Developing Countries: State-Owned Enterprises versus Private Firms
    Keywords: Climate Change Mitigation and Green House Gases ; Competitiveness and Competition Policy ; Emissions Policy ; Emissions Tax ; Environment ; Environmental Economics ; Environmental Economics and Policies ; Green Technology ; Green Technology Research ; Imperfect Competition ; Innovation ; Local Adaptation ; Private Sector Development ; Public Firms ; State-Owned Enterprises
    Abstract: Green technologies, such as renewable energy, often require adaptation to local conditions, such as high humidity, high altitudes or the specifics of a country's infrastructure, to achieve a maximal technical efficiency and a long lifetime of investments. This poses a problem for green technology transitions, as adaptations usually imply protected intellectual property rights and thus market imperfections that can lead to higher prices and thereby a lower uptake of the green technology. An alternative could be to use state-owned enterprises to adapt and promote green technologies, such as public utilities, which are more easily steered toward pursuing societal objectives. However, many empirical studies find state-owned enterprises to be less efficient. This theoretical contribution investigates the question whether a green technology transition that requires research and development is better driven by private firms or state-owned enterprises. The paper adapts a model to this setting, derives possible market outcomes from this model, investigates research and development and production decisions of private firms and a state-owned enterprise, and compares the welfare implications of the two options. The results show that there are cases where the cost inefficiency of the state-owned enterprise dominates (for example, if competition of directly importing firms reduces possible markups of private innovating firms), but also cases where a state-owned enterprise is the preferred choice (for example, if several private firms would adapt the technology, causing over-innovation). Most importantly, this is not solely a question of comparing costs, but rather of comparing market outcomes. For example, the use of a state-owned enterprise can avoid the often found problem of overinvestment in research and development by private firms and, in many cases, a state-owned enterprise will induce a wider diffusion of the green technology
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  • 100
    Language: English
    Pages: 1 Online-Ressource (44 pages)
    Parallel Title: Erscheint auch als Francois, Joseph Pursuing Environmental and Social Objectives through Trade Agreements
    Keywords: Binding Commitments ; Carbon Policy and Trading ; Civil Rights ; Development Cooperation ; Environment ; International Economics and Trade ; Labor Standards ; Non-Trade Objectives ; Trade Agreement
    Abstract: Using a data set covering more than 120 countries spanning several decades, this paper employs a synthetic difference in difference estimator to study whether non-trade provisions on labor standards, environmental protection and civil and human rights in trade agreements yield improvements in corresponding indicators. The paper distinguishes between binding (enforceable) and non-binding provisions and investigates linkages between non-trade provisions and official development assistance. The analysis finds no evidence that provisions related labour or civil rights improved the associated outcome indicators, while evidence on environmental outcomes is mixed. Official development assistance is significantly greater with non-binding environmental and civil rights provisions, but not with labor standards
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