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  • 1
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Covid-19 Impact ; Current Status Of Education ; Curriculum and Instruction ; Education ; Education and Employment ; Education Finance ; Education Financing ; Education Quality ; Education Resource Allocation ; Education Sector Spending ; Effective Schools and Teachers ; Motivation For Education
    Abstract: The education sector in the Lao PDR (Laos) faces significant challenges. Access to education improved over of the past decade but substantial gaps remain, and previous progress is being undermined by the impacts of COVID-19 and ongoing economic difficulties. The quality of education was already poor before these shocks. The sector is severely underfunded due to a steep decline in public resources allocated to education. In addition, limited job prospects for graduates reduce demand for quality education. To prevent these challenges from causing a lost decade for education in Laos, urgent attention is needed in three areas. First, the government should implement comprehensive economic and fiscal reforms to increase available resources for education and facilitate private sector development to create income earning opportunities for graduates. Second, resource allocation within the sector should be improved for equity and balance. Lastly, the education sector needs to better translate available resources into the learning outcomes of children and youth by reducing inefficiencies and rigidities that constrain the key drivers of learning: teachers, school financing, teaching and learning materials, and school infrastructure. Addressing constraints in these three areas will help reverse the decline in education financing, close access gaps, and enhance service quality
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Childcare ; Early Childhood Development ; Education ; Legal Framework ; Policies ; Services Mapping ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The "Comprehensive Assessment of the Childcare Landscape in Lebanon: A Mixed Methods Study" analyzes the supply and demand of formal childcare services for children aged 0-3. It provides a review of Lebanon's regulatory and institutional framework around childcare, maps out the current supply of services including cost and quality aspects, and deepens the understanding of households' childcare needs. Findings show that there is a mismatch between supply and demand, with a gap in provision for the youngest children and that supply is mostly private, costly, and concentrated in coastal areas. Childcare responsibilities limit women's ability to join the labor force, and affordability is a main constraint for families to access services, resulting in low demand for formal childcare. The study proposes measures for an inclusive expansion of quality and affordable childcare services in four areas: (i) an enabling environment for efficient, affordable provision of quality childcare services, (ii) a more equitable distribution of the unpaid care work burden within the household, (iii) improved State support to address households' care needs, and (iv) inclusive family-friendly workplace conditions in the private sector
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Access and Equity in Basic Education ; Access To Education ; Agriculture ; Climate Change Impact ; Covid-19 Impact ; Education ; Food Security ; Health Service Management and Delivery ; Health, Nutrition and Population ; Human Capital Accumulation and Utilization ; Inclusive Development ; Long-Term Economic Growth ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: This report is undertaken as a part of the Human Capital Project (HCP), a globalinitiative of the World Bank Group that aims to increase governments' awarenessof the importance of investing in people (World Bank date of publication not identifiedb). One of the maincomponents of the HCP is a cross-country metric--the Human Capital Index (HCI). The HCI estimates the amount of human capital a child born today can expect to accumulate by the age of 18, thus highlighting how current health and education outcomes shape the work productivity of the next generation. Moreover, given the cumulative nature of human capital, the HCI has clear milestones across the entire human life cycle: at birth, children need to survive; during childhood, they need to be well-nourished; at school age, they must complete all schooling and active adequate learning levels; and in adulthood, they need to stay in good health. Finally, the HCI includes a result: a score that ranges from 0 to 1. A country where an average child has virtually no risk of being stunted or dying before age five, receives high-quality education, and becomes a healthy adult, would have an HCI close to 1. Conversely, when the risk of being ill-nourished or prematurely dying is high, access to education is limited, and the quality of learning is low, the HCI would approach zero
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  • 4
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Accreditation Policies ; Childhood Development ; Early Childhood Development ; Early Education ; ECED ; Education ; GOI
    Abstract: Investments in early years of education and childhood development are among the most cost-effective and beneficial a country can make to tackle learning poverty, promote healthy child development, and enhance shared prosperity. Over the past two decades, the Government of Indonesia (GoI) has scaled up its commitment to early childhood education and development (ECED) through various educational reforms, policies, programs, and financial investments. With the expansion of Indonesia's ECED system, the GoI has committed to improving its quality since the early 2000s. As a key mechanism to raise the quality of ECED services, the GoI actively encourages PAUD centers to become accredited. An analysis of factors that influence whether and how PAUD centers participate in the accreditation system is helpful to inform continuous quality improvement of Indonesia's ECED services. The World Bank is providing the Ministry of Education, Culture, Research, and Technology (MoECRT) technical assistance and advice to improve Indonesia's ECED system. Supported by the Learning for Human Capital Development Programmatic Advisory Services and Analytics (PASA), this study was conducted to inform further improvements to Indonesia's ECED accreditation system. This report presents the findings from the abovementioned ECED accreditation system assessment and is organized in four main sections after an introduction. Section I describes the study's background and the country context, with emphasis on the ECED system and its quality assurance mechanisms. Section II details the methodology used. Section III presents a summary of the survey results. Section IV discusses the implications of the findings and outlines recommendations to inform accreditation policies and programs
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  • 5
    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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  • 6
    Language: English
    Pages: 1 Online-Ressource (172 pages)
    Series Statement: Climate Change and Development
    Parallel Title: Erscheint auch als
    Keywords: Climate Change ; Digital Tools ; E-Commerce ; Green Digital Transformation ; Green Gas ; Low Emissions
    Abstract: Climate change is unfolding amid the greatest information and communication revolution in human history. From e-commerce and social media to smart manufacturing and precision farming, digital technologies have become prevalent in all aspects of economic and social life. Digital technologies also have the potential to shape climate change action. Green digital transformation can help countries adapt effectively to the impacts of climate change and create greener growth pathways. Doing this means combining a focus on digital transformation and inclusion with a strategic and sustainable use of digital technologies to address climate change. Green Digital Transformation: How to Sustainably Close the Digital Divide and Harness Digital Tools for Climate Action illuminates the channels through which digital technologies intersect with climate change, and it proposes a path to low-emissions applications of digital technologies to help countries mitigate and adapt to climate change
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  • 7
    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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  • 8
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Education ; Financial Economics ; Fiscal Policy ; Fiscal Risks ; Footprint ; Macroeconomics and Economic Growth ; Non-Oil Revenue ; Quasi-Fiscal Activities ; SNG
    Abstract: The first three chapters of the PFR review the core fiscal policy and revenue mobilization issues. Chapter 1 discusses the fiscal landscape, fiscal framework, and progressivity of fiscal policy. Chapter 2 looks at the footprint of quasi-fiscal activities, which affects the overall fiscal stance and exposes certain fiscal risks. Chapter 3 discusses the stagnation in non-oil revenue and collection across taxes and outlines reform options to improve the tax regime. This PFR also covers education and social protection spending, constituting about 42 percent of generalgovernment budget spending, and is critical for Kazakhstan's social agenda and long-term development goals. Chapter 4 analyzes the efficiency of public spending on education, discusses challenges in delivering equitable access to quality education, and offers options for enhancing spending effectiveness through institutional and policy changes. Chapter 5 discusses the efficiency and effectiveness of spending on the social protection system, particularly the coverage and targeting of social assistance programs, issues in implementing active labor market programs, and challenges in delivering social insurance. Because of data constraints, this PFR excludes analysis on social benefits, pensions, and the State Social Insurance Fund. The last two chapters cover the core system of public-finance management issues on budgeting and inter-governmental fiscal relations. Chapter 6 considers options for further improving budgeting, planning, and monitoring to deliver better fiscal outcomes for inclusive and resilient growth. While Chapter 7 examines emerging subnational fiscal issues and options to simplify and improve certainty in the transfer mechanism from central to SNGs and within the SNG hierarchy
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  • 9
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Education ; Education For All ; Employment ; Employment and Unemployment ; Human Capital ; Poverty ; Poverty Reduction ; Skills Development and Labor Force Training ; Social Protections and Labor ; UMI Countries
    Abstract: This Human Capital Review aims to provide analytical foundations in the support of policies that improve human capital outcomes for the following four UMI countries in Central America: Costa Rica, Guatemala, Panama, and the Dominican Republic. The objective of this report is to identify the key constraints to human capital growth and understand how education and labor market policies can foster a resilient recovery, promote inclusive growth, and contribute to poverty reduction in these countries. The review also estimates the impact of the COVID-19 pandemic on human capital outcomes using a multi-sectoral approach. The analysis compares human capital outcomes in the decade before the COVID-19 pandemic (2010-2019) against trends during the pandemic (2020-2021). Lastly, the report focuses on these four countries, which are the only UMI in Central America to take advantage of new data collected during the pandemic, which allowed to quantify some of the impacts of COVID-19 and understand some of their long-term implications for human development outcomes
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  • 10
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Demographics ; Early Childhood Development ; Education ; Fetal and Maternal Health ; Food and Nutrition Policy ; Gender ; Gender and Poverty ; Government Financing ; Health, Nutrition and Population ; Human Capital ; Mortality ; Nutrition Services ; Pregnancy ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: This Human Capital Review (HCR) report presents an in-depth analysis of human capital indicators throughout a person's lifetime, from in utero to productive aging. By examining the various stages of human capital accumulation, the report aims to provide accurate recommendations for specific groups in Sierra Leone. Thus, the report disaggregates data whenever possible. It relies on an extensive consultative process involving various stakeholders such as Government counterparts, development partners, teachers, adolescent girls, students, private sector representatives, and local representatives. The consultation process followed a Problem-Driven Iterative Adaptation (PDIA) approach, which facilitates the identification and resolution of problems by local leadership. In addition, this report aims to inform the design and implementation of human capital reforms that will respond to specific challenges identified in the report
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  • 11
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Education ; Education Reform ; Education Reform and Management ; Existing Teachers ; Learning ; Teaching Practices
    Abstract: In 2023, growth in the Pacific islands (PIC-11) decelerated but remained robust at 5.5 percent--about two and a half times the long-term average. Fiji's output surpassed pre-pandemic levels in 2023 despite a notable deceleration, with growth rates halving from 20 percent in 2022 to eight percent in 2023. The PIC-11, excluding Fiji, experienced a noteworthy rebound of 2.7 percent growth in 2023, after a 0.5 percent output contraction in 2022. The trajectory of accelerated and sustainable growth in Pacific Island countries depends on a workforce that is well educated and equipped with enhanced skills and capabilities. Boosting education and skills is essential for long-term growth and poverty reduction in the Pacific Island countries. While multiple factors influence learning, once a child enters school, teachers have the largest impact. A robust body of evidence guides policymakers in improving teaching quality and ensuring that all young children acquire strong foundational skills. This report outlines a three-pronged program of action based on this evidence: attracting and recruiting effective teachers, enhancing existing teachers' capacity, and motivating greater teacher effort. Recognizing that 54 percent of teachers expected to teach in 2035 are already recruited, the report emphasizes a special focus on enhancing the capacity of existing teachers. It provides examples of rigorously evaluated interventions, such as structured pedagogy and access to pre-recorded lectures by highly rated teachers. Implementing these recommendations will aid regional countries in accelerating learning, allowing children and societies to achieve their aspirations
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  • 12
    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 ; Budget Deficit ; Climate Change ; Energy ; Environment ; Inflation ; Macroeconomics and Economic Growth ; Non-Hydrocarbon Activity ; Oil and Gas
    Abstract: This Algeria Economic Update reports on the main recent economic developments and policies. It places them in a global and longer-term context and assesses the implications of these developments and policy changes for Algeria's economic prospects. The report is intended for a broad audience, including policymakers, business leaders, financial market participants, and the community of analysts and professionals working in/on Algeria. The report is divided into two chapters. Chapter 1 presents macroeconomic developments in Algeria over the year 2022 and the first quarter of 2023, while Chapter 2 describes the short- and medium-term outlook for the Algerian economy
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  • 13
    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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  • 14
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Access To Finance ; Basic Education Financing ; Education ; Education Sector Strategy and Lending ; Finance and Financial Sector Development ; Financial Regulation and Supervision ; Policies ; Public and Municipal Finance ; Public Funding ; Public Spending ; Zanzibar
    Abstract: Since 2015, because of healthy economic growth and a strong commitment to strengthening human capital, Zanzibar has made significant progress in the provision of good quality basic education services. Government spending has risen and has supported ambitious plans to provide inclusive and equitable access to quality education and skills training. Since 2015, sector targets for increasing access to public services were largely met in education, and in some instances surpassed. Yet despite these significant successes, the basic education sector continues to face challenges in providing good-quality services and reaching the marginalized. This Zanzibar Basic Education Public Expenditure Review aims to: (i) assess the scale of the financing challenge in basic education (preprimary, primary, and secondary education); (ii) analyze the adequacy, efficiency, and equity of current levels and uses of public spending on education; and (iii) from this analysis, and drawing on relevant international practices, present a set of policy suggestions for improvements in public funding for basic education in Zanzibar
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  • 15
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Climate-Smart Agriculture ; Education ; Education Finance ; Energy Resources Development ; Health Economics and Finance ; Health Systems ; Health, Nutrition and Population ; Inclusion ; Investment and Investment Climate ; Macroeconomics and Economic Growth ; NEDI ; Off-Grid Solar Access ; Transport and Trade ; Water and Sanitation
    Abstract: Kenya's north and northeastern region is a host to 11 percent of the total population scattered across 63 percent of the country's landmass. The arid and semi-arid region experiences recurrent droughts that create vulnerabilities for the nomadic pastoralist communities, pervasive insecurity, suffers fragility, and has been a host to the largest population of refugees in sub-Saharan Africa over the last three decades. These policy choices contributed to the significant lag in most of the development indicators for this region compared to the rest of the country. The region has huge infrastructure deficits, low literacy rates, and contributes only a modest 4.7 percent to the national gross domestic product. To address the socio-economic disparities and inequality challenges, the Government of Kenya with support from World Bank (WB) launched the North and Northeastern Development Initiative (NEDI) in 2018. The NEDI, the region's first significant, integrated, and transformative investment, cuts across foundational sectors including energy, water, transport, social protection, displacement, and agriculture
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  • 16
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2209
    Keywords: Access To Labor Market ; Accessibility ; Climate Change ; Disability Inclusion ; Economic Forecasting ; Economic Stabilization ; Environment ; Health Services ; Health, Nutrition and Population ; Inclusive Disaster Management ; Social Protection ; Social Protections and Labor
    Abstract: The impacts of climate change will be unevenly felt within and across countries partly due to social and economic inequalities. Persons with disabilities represent 16 percent of the global population and face widespread forms of social and economic marginalization yet have received little attention in prior studies of climate change and social inequality. The mortality rate of persons with disabilities in natural disasters is "up to four times higher than people without disabilities" (Stein and Stein 2021). How do the fast-moving shocks, flooding, drought, heatwaves and slower-moving social and economic effects of climate change impact persons with disabilities How can climate change adaptation efforts be disability inclusive This study examines these questions through original fieldwork and qualitative interviews conducted in Uzbekistan. In November 2022, the authors interviewed persons with disabilities in three regions of the country. The resulting qualitative data afford key insights into how climate change and disability status interact to generate distinct vulnerabilities. Within the nascent field of climate change and disability studies, this report represents one of the first fieldwork-based accounts of how climate change presents heightened risks to persons with disabilities in a developing country context
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  • 17
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2163
    Keywords: Anti-Money Laundering ; Biodiversity ; Climate Change ; Climate Smart Agriculture ; Decarbonization ; E-Finance and E-Security ; Energy ; Energy+ ; Environment ; Finance and Financial Sector Development ; Forest Ecosystems ; Green Growth Finance ; High-Income Country ; Integrated Water Resource Management (IWRM) ; Low-Carbon ; Net Zero ; Resilient Cities
    Abstract: This report explores how climate action, in line with Romania's goal of achieving net zero emissions by 2050, interacts with the country's growth and development path. It further suggests priority actions to reduce carbon emissions and build resilience, while supporting inclusive economic growth and poverty reduction. This is the first Climate Country and Development Report (CCDR) to cover a European Union member state and a high-income economy
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  • 18
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2113
    Keywords: Accessibility ; Accessible Learning ; Accessible Special Technologies ; Augmentative and Alternative Communication ; Climate Change and Health ; Climate Change Impacts ; Disability ; Education ; Inclusive Education ; Social Protections and Labor
    Abstract: The purpose of this toolkit is to generate knowledge on how to develop and adapt assessment tools using principlesof universal design that yield reliable and valid data andinformation to track the learning outcomes of marginalizedlearners, including learners with disabilities
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  • 19
    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 ; Climate and Development ; Climate Change ; Climate Change Economics ; Climate Policy Framework ; Climate Resilience ; Decarbonization ; Economic Forecasting ; Economic Outlook ; Economic Policy ; Environment ; Investment and Investment Climate ; Macroeconomics and Economic Growth
    Abstract: Indonesia has been successful in navigating the macroeconomic fallout from asynchronous global shocks. Gross domestic product (GDP) growth remains strong though the economy is yet to fully recover to its pre-pandemic trajectory. This is consistent with labor market trends, which show a recovery in labor force participation and employment but a possible deterioration in jobs quality. Inflation has been brought under control following the effects of the energy price shocks in 2022, though new pressures are emerging from food supply risks and renewed oil price rises. External pressures have risen due to tight global financing conditions, which have triggered capital outflows and currency pressures across emerging markets including Indonesia. With resilient macroeconomic underpinnings and the end of the post-COVID recovery cycle, the policy focus turns again to the growth agenda
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  • 20
    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 ; Private Sector
    Abstract: Climate action is critical for development in the Middle East and North Africa (MENA). The region contains countries among the most affected by climate change but least prepared to address it. This report introduces key findings of the World Bank Country Climate and Development Reports (CCDRs) in the region. The CCDRs help align climate and development considerations for governments and other stakeholders and help prioritize actions that enhance adaptation and resilience, reduce greenhouse gas emissions, and align with broader development goals. Addressing these challenges and converting them into opportunities is crucial, including taking carefully prioritized, sustained action. Seven CCDRs have been published for MENA countries (Egypt, Iraq, Jordan, Lebanon1, Morocco, Tunisia, West Bank and Gaza), offering policy and investment options to harmonize climate and development objectives. Additional countries will be covered as CCDRs are finalized in the coming years
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  • 21
    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 ; Biodiversity ; Climate Change ; Economic Forecasting ; Economic Growth ; Environment ; Environmentally Protected Areas ; Food Prices ; Macroeconomics and Economic Growth ; Nature-Based Tourism ; Poaching ; Private Sector ; Protected Areas
    Abstract: The Rwandan economy continued to achieve strong growth in 2022 in the face of weakening external demand and restrictive monetary policies required to control inflation. Rising food prices particularly affected the poor, who devote a large share of their spending to food and appear to have faced higher food inflation than richer households did. Growth is expected to decline somewhat in 2023 and then to recover closer to historical rates over the medium term. Tourism is a major source of Rwanda's foreign exchange earnings and tends to generate a higher proportion of formal sector jobs than other sectors and could make a substantial contribution to growth. Within tourism, strengthening the provision of nature-based tourism, which accounts for eight percent of leisure and conference visitors in Rwanda would also help protect biodiversity and advance Rwanda's efforts to adapt to climate change. Nature-based tourism faces significant challenges, including potential limits on expansion of revenues from one of the primary international attractions - gorilla trekking, degradation of the natural assets that underpin the sector, risks presented by infectious diseases, habitat change and overexploitation, and the impact of climate change on tourism demand. Key measures to promote nature-based tourism will need to include expanding the network of protected areas and improving management of the natural assets within and outside protected areas and diversifying the nature-based tourism's offering while complementing efforts to diversify tourism activities. Efforts are required to enhance revenue sharing mechanisms to increase incentives for local communities to conserve natural assets and unlock new opportunities and community-led enterprises that generate revenue from tourism and sustainable management of natural resources, including forests. This is essential to address poverty, to mitigate poaching threats, other illegal activities, and reduce unsustainable exploitation of resources. It is also imperative to secure private sector participation in financing and operation of facilities by introducing innovative financing methods to secure the necessary investment, strengthening capacity and management of tourism facilities and services, and removing subsidies that contribute to environmental degradation
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  • 22
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Evaluation
    Keywords: Climate Change ; Development Challenges ; Economic Growth ; Food Insecurity ; Macroeconomics and Economic Growth ; Natural Disasters
    Abstract: Somalia is today among the poorest and most fragile countries in the world, facing myriad development challenges related to ongoing conflict, climate change, food insecurity, natural disasters, and displacement. Overlapping crises related to the COVID-19 pandemic, a prolonged drought, and macroeconomic shocks from rising food and fuel costs have worsened socioeconomic conditions (World Bank 2022). Seventy-one percent of Somalis lived in extreme poverty in 2021, compared with 28 percent for Sub-Saharan Africa (World Bank 2021). Average life expectancy was 57.4 years, and maternal mortality stood at 734 for every 100,000 births (World Bank 2018d). The country's Sustainable Development Goal ranking was 160th out of 163. The Somalia Country Program Evaluation (CPE) will assess the evolution of the World Bank Group's support over fiscal years (FY)13-22 and the extent to which the Bank Group adequately prepared for an eventual normalization of relations with Somalia, tailored its support to the conflict and fragility situation in Somalia and evolving circumstances and country priorities, and learned from experience. It will seek to inform the preparation of the next Somalia Country Partnership Framework (CPF) and may be relevant to broader Bank Group engagement in countries affected by fragility, conflict, and violence (FCV)
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  • 23
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Keywords: Adaptation To Climate Change ; Air Quality and Clean Air ; Climate Change ; Cost-Effective ; Energy-Efficient ; Environment ; Indoor Air Quality ; Thermal Comfort ; Urban Development ; Urban Housing
    Abstract: This report provides evidence-based guidance on cost-effective and energy-efficient cooling and ventilation interventions to improve building-level thermal comfort and indoor air quality for a changing climate in South Asia. It focuses on Bangladesh, India, and Pakistan but also covers all the countries in the region, including Afghanistan, Bhutan, Maldives, Nepal, and Sri Lanka. After an introduction, the report analyzes local climates and air quality issues, building types, and occupant behavior, as well as available passive and active interventions and their relevance in the region, before concluding with a set of recommendations for all building types. The report also identifies additional recommendations specific to residential and commercial buildings, along with policy and country-specific recommendations
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  • 24
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Adaptation To Climate Change ; Catchment Areas ; Climate Change ; Environment ; Macroeconomics and Economic Growth ; Roads ; Vulnerability Assessment
    Abstract: The Kingdom of Lesotho is a landlocked country in southern Africa. Large pockets of the population reside along the Senqu River Valley in the south-eastern reaches of the country, and some of the roads traverse this river to connect to the mountainous areas. Increasing temperatures and changing rainfall patterns due to climate change negatively impacts Lesotho's road network. Sustained land degradation, soil erosion, and increased demand on ecosystem services threatens infrastructure and the health of Lesotho's natural ecosystems, including wetlands. The primary aim of this study was to undertake a review of existing frameworks for climate and environment vulnerability assessments for roads and to adapt these to the Lesotho context in line with Southern African Development Community (SADC) protocol on transport, the National Strategic Development Plan of Lesotho, and the South African National Roads Agency (SANRAL) Design Guidelines. The adapted climate and environmental risk framework then formed the basis for developing a climate change risk and vulnerability and assessment methodology/tool
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  • 25
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Adaptation ; Adaptation to Climate Change ; Climate Change ; Climate Change Impacts ; Conflict ; Environment ; Sahel ; Social Risks
    Abstract: Somalia's natural and human geography is shaped by its harsh climate. Lying at the eastern extremity of the Sahel, Somalia has an arid to semi-arid climate. The country is in the midst of a prolonged and complex climate disaster, which shows little sign of abating. It has recently endured its longest drought in four decades, now punctuated with renewed flooding. This Climate Risk Review aims to systematically summarize existing knowledge on Somalia's climate risks in an accessible and standardized form. It has developed a set of semiquantitative metrics to summarize and compare risks. It contains four chapters: Chapter 1: Climate Overview outlines Somalia's climate context and how it shapes natural and human geography and rural production systems, as well as briefly summarizes current climate policies. Chapter 2: Climate Change, Conflict, and Social Risks examines the interaction between climate, armed conflict, and social risks, both to better understand the wider context of vulnerability and to identify particularly harmful interactions. Chapter 3: Risk Summaries inventories the major biophysical climate risks across five areas: climate disasters, agriculture and livestock, natural resources, health, and infrastructure and services. For each risk, it collates current information and indicates how ongoing climate change will likely affect the intensity of that risk in future. Chapter 4: Prioritizing Adaptation Action recaps the overall findings across different risks and links these to the broader development agenda within Somalia. It identifies broad priorities and approaches for climate action in relation to policies and institutions, physical investments, and knowledge. This information is complemented by a more systematic review of adaptation options across different sectors in the report's appendix. The report is intended as a reference resource and basis for informing further analytical work. The investments and actions it highlights need to be supported by new and detailed analytical work to identify the most efficient interventions and the institutional steps needed to support them
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  • 26
    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 ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Resilient Economy ; Environment ; Green Products ; Macroeconomics and Economic Growth ; Net Zero GHG ; Transition
    Abstract: As Colombia navigates a complex path toward a richer and more equitable future, the country faces three critical climate transitions. First, it will need to transit from a climate-vulnerable to a more climate-resilient economy. Second, guided by its Long-Term Climate Strategy (LTS) and strong legal framework, which place it among the climate-goal leaders of the Latin America region, the country will need to navigate a transition to a net zero greenhouse gas (GHG) emissions economy in the context of its stated goal for 2050. Third, in a world that will demand increasingly less of Colombia's primary exports-oil and coal-and more green products, it will need to engineer a transition in its economic model. This Country Climate and Development Report (CCDR) explores the opportunities for, and challenges to, achieving Colombia's development goals and its ambitious climate commitments, as well as the complementarities between the two. It explores how climate change and climate action would affect the country's growth and development and, in turn, how growth and development challenges would affect the achievement of its climate ambitions. The CCDR also investigates complementarities-specifically, how climate action could help Colombia achieve its development objectives, capture opportunities, support a just and inclusive transition, and protect its economy against longer-term risks from climate change and from the world's transition toward net zero GHG emissions
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  • 27
    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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  • 28
    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 ; Climate Change ; Environment ; Finance and Development ; Finance and Financial Sector Development ; Fiscal Sustainability ; Policies ; Shocks
    Abstract: Real GDP expanded by 17.7 percent in 2022, with per capita incomes surpassing the pre-pandemic levels. On the supply side, accommodation, transport, and commerce explained 60 percent of growth. On the demand side, exports (mainly tourism) and private consumption accounted for growth. The rebound in economic activity in 2022 was accompanied by a reduction in poverty (0.8 percentage points), despite the spike in inflation. Headline inflation reached 7.9 percent (y/y) in December 2022 after inflationary pressures emerged in 2021, fueled by high international oil and food prices and global supply chain disruptions due to the war in Ukraine. Higher food prices and low agricultural production, driven by the five year long drought, intensified food insecurity
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  • 29
    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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  • 30
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2118
    Keywords: Climate Change ; Economic Growth ; Monetary Poverty ; Non-Monetary Poverty ; Poverty Reduction ; Social Assistance
    Abstract: In recent decades, economic growth in the Dominican Republic (DR) has been steady. However, growth has not occurred in such a way as to make the benefits widely and evenly available. In fact, although the DR economy grew faster than that of other LAC countries before the Covid-19 pandemic, its poverty rates and social outcomes remain broadly similar to them. This report seeks to explain this conundrum, as well as to expand the knowledge base to improve the effectiveness of ongoing poverty reduction policies in the DR. The Poverty Assessment draws primarily on new analytical work conducted in the DR, structured around four background notes on: (i) trends in monetary poverty and inequality, as well as the key drivers of those changes; (ii) nonmonetary poverty and its spatial dimensions; (iii) social assistance programs and their role in mitigating poverty; and (iv) climate change and its interaction with poverty. By helping to reduce the evidence gap in each of these areas, our analysis hopes to inform government policies and the national dialogue on poverty reduction. In addition, the note integrates existing analytical work and evidence produced inside and outside the Bank, including from its operations in the country
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  • 31
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2209
    Keywords: Adolescent Well-Beng ; Climate Change Mitigation and Green House Gases ; Drop-Out Rate Reduction ; Economic Growth ; Education ; Energy and Environment ; Financial Sector and Social Assistance ; Gender ; Gender and Education ; Gendered Adolescent Health Trends ; Health, Nutrition and Population ; Secondary Education ; Water Resources Management ; Youth Health ; Youth Well-Being
    Abstract: This report focuses on the trends of adolescent and youth well-being in Tanzania, identifying how and why well-being has or has not changed over time. The report conceptualizes well-being holistically. Well-being can be defined as one's ability and opportunity to learn, make decisions, live a healthy life (physically and mentally), be well-nourished, express agency, have peace of mind, and ultimately be economically empowered. Well-being can be accumulated over time and is a composite of multiple aspects that affect the life one lives and the quality of that life. In many ways, how to live a good life and whether one is living this good life has been a key question asked across countries, and there are multiple frameworks that have been used to measure well-being. For the purposes of this study, six domains of well-being are recognized: (1) education and learning, (2) bodily integrity, (3) health, (4) psychological well-being (peace), (5) voice and agency, and (6) economic empowerment and skills. These domains are interconnected, and, also considered is the idea of peace of mind, without which, there is no wellness
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  • 32
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2203
    Keywords: Climate Change ; Climate Change Adaptation ; Environment ; Health ; Health, Nutrition and Population ; Human Migrations and Resettlements ; Human Rights ; Threat Mitigation
    Abstract: Climate change has been called the most important threat to human health in the 21st century. It is estimated that if thetemperature rises and its impact on the other climatic variablescontinues unchanged, it will kill more than 83 million people (1 percent of the world's population) in the next 80 years (Wattset al. 2020)-13 times the toll of the COVID-19 pandemic (WorldHealth Organization 2023). Historically, only pandemics or worldwars have posed such threats to human health. As a result, the issue has aroused unprecedented attention. In 2021, the World Health Organization (WHO) declared climate changethe greatest health threat facing humanity (WHO 2021). Now, more than 195 governments have included climate change mitigation and adaptation as pillars in their multi-year plans, and government health sectors have been developing plans tomeasure and respond to the impact of climate change on health. However, recognition of the links between climate change and health remains nascent, so these efforts have not yet been accompanied by strategic and actionable approaches to measure the impacts and ground the responses. This report contributes to addressing that gap by providing a framework for understandingthe impact of climate change on human health in Colombia and by outlining the most effective actions to mitigate the threat
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  • 33
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2113
    Keywords: Blended Learning ; Climate Change Mitigation and Green House Gases ; Economic Growth ; Education ; Energy and Environment ; ICT ; Information and Communication Technologies ; K-12
    Abstract: This report proposes a preliminary guiding framework to define and deploy blended learning models at the K-12 level in the Kingdom of Saudi Arabia. Drawing lessons from international examples and good practices, the proposed framework aims to provide key considerations for the strategic and effective use and integration of Information and Communications Technology (ICT) in K-12 schools
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Adaptation To Climate Change ; Climate Change ; Environment ; Human Capital ; Inclusive Development ; Social Protections and Assistance ; Social Protections and Labor ; Sustainability
    Abstract: To respond to climate change effectively, human capital needs to be at the heart of policy responses. This policy note demonstrates the impacts of climate change across the lifecycle and provides a framework of policy and program interventions to protect, build, and use human capital to minimize climate change impacts and create opportunities for more sustainable and inclusive development on a livable planet. By demonstrating the scope of impacts of climate change on people and people's potential to contribute to climate action, the note also makes a case for prioritizing human capital investments as part of countries' Nationally Determined Contributions (NDCs) and other climate strategies
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  • 35
    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 ; Climate Change ; Energy Efficiency ; Environment ; GHG Emission ; ICT Applications ; ICT Policy and Strategies ; ICT Sector ; Information and Communication Technologies
    Abstract: This report is based on a targeted review of Singapore's approach to climate change, focusing on how the country drives energy efficiency and reduces GHG emissions in the ICT sector, particularly in data centers. It aims to reflect the various measures undertaken by the Singapore Government, present lessons learned, keytakeaways and challenges that continue to lie ahead. The information in this version is current as of end November 2023. The purpose of this report is to provide the key lessons for broad, multistakeholder consideration and dialogue forwhat countries could consider as they approach "greening" the ICT sector. It is important to note that addressing all the issues raised in this report does not guarantee a perfect, or even workable, enabling environment to meet theglobal climate change challenge. This is because the effectiveness of these measures can be affected by exogenous factors and the unique national circumstances of each country
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  • 36
    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 ; Deforestation ; Economic Growth ; Environment ; Forests ; GHG Emissions ; Macroeconomics and Economic Growth ; Private Sector
    Abstract: This Country Climate and Development Report (CCDR) proposes that Benin focuses on building a resilient economy, with investment and policy options primarily targeted at adapting to climate change risks. The dependence of Benin's economic structure on agriculture and informal employment makes its development path highly vulnerable to climate change in the absence of proper adaptation. The government and the private sector need to be better prepared to deal with climate change -- building adequate institutions and governance structures will be crucial. While all sectors will have to become more resilient, this is especially urgent for agriculture and land use, urban and network infrastructure, and human development (education, health). Mitigation efforts should focus on avoiding carbon lock-ins and reducing deforestation. Investing in renewable energy whilst expanding the population's access to electricity should be a priority for Benin. A higher share of renewable energy can bring about co-benefits for other sectors (agriculture, water, transport, and forestry). To maintain its growth trajectory, Benin needs to pay special attention to its most vulnerable people, including women. To protect the poor and vulnerable the just transition should focus on reconciling development and climate goals while addressing inequality (income and gender related), and spatial exclusion
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  • 37
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Adaptation to Climate Change ; Climate Change ; COVID-19 ; Environment ; Finance and Development ; Finance and Financial Sector Development ; Financial Systems ; Transition ; Vulnerabilities
    Abstract: This report provides an assessment of the stability of the financial systems of selected Pacific Island Countries (PICs) in the context of COVID-19 and emerging risks. The report brings together an analysis of information provided by the central banks of the PICs covered by this study over the last two years. The purpose of the study is to assess the financial stability and vulnerabilities and to provide technical guidance to the PIC authorities to assist in their financial sector policy response. Chapter 1 presents an overview of the financial systems of the PICs. Chapter 2 presents an analysis of the impacts of COVID-19 on the financial systems of the PCIs and the policy responses to the pandemic. Chapter 3 looks at the challenges of transitioning from the pandemic to normal policy settings. Chapter 4 provides a set of bespoke policy recommendations with the aim of enhancing the ability to deal with financial sector risks and vulnerabilities. Finally, Chapter 5 puts forward recommendations for the assessment of climate and environmental related risks on the PICs. The report finds that the pandemic has negatively impacted economic growth in the PICs, challenging financial stability. Due to various relief measures adopted by governments in the region, and the lagged economic impact of the pandemic, the PICs' financial sectors do not yet fully reflect the risks to bank profitability and asset quality, which could materialize over 2022-23. Response and
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  • 38
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Agriculture Study
    Keywords: Agriculture ; Climate Change ; Climate Change and Agriculture ; Financing ; Green Growth ; Policy Implementation
    Abstract: This report focuses on the agri-food sector in North Macedonia and investigates the potential and necessary actions for adopting a green growth trajectory. Agri-food is a key sector in need of transformation to achieve green growth in the country. The sector has great economic importance, and it is vulnerable to climate change and other environmental risks, which will compound current sector inefficiencies, including declining competitiveness. This report aims to assess: (i) the actions needed to re-focus agricultural support priorities in a manner that reflects green growth ambitions; (ii) policy financing implications; and (iii) the availability and capacity of effective policy implementation mechanisms. Finally, the potential impacts of greening agriculture support on farm efficiency are assessed and discussed
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  • 39
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: Education ; Inequality ; Limited Safety Nets ; Poverty Assessment ; Poverty Monitoring and Analysis, Poverty ; Poverty Reduction, Inequality ; Rural Households ; Telecommunications Sector
    Abstract: The share of Uganda's population that lives below the poverty line has fluctuated over the last seven years, greatly influenced by shocks that have tested the resilience of the people. The COVID-19 pandemic pushed both urban and rural residents into poverty. Inequality, which reflects the extent to which different population groups benefit from Gross Domestic Product (GDP) growth, and affects the transmission of growth into poverty reduction, remained largely unchanged over this period and may even have worsened in urban areas. The findings of this report show that previously identified patterns and drivers of Uganda's poverty changes persisted well into 2020 - shaped by low productivity and high vulnerability. Identified inequality of economic opportunities and unequal accumulation of the human capital could hold back structural change in employment. Accelerating poverty reduction in such a setting requires a two-pronged strategy. While at the macroeconomic level, policies addressing growth fundamentals are important for reducing poverty, from a microeconomic perspective, the report's analysis shows that two strategies will be crucial. The first strategy is to lift the productivity and incomes of poor households in both rural and urban areas. While tackling agricultural productivity and job creation are at the top of the agenda here, making mobile phone services more widely accessible and affordable is a potential opportunity. The second strategy is to strengthen people's resilience to shocks, particularly in rural areas. To have an impact, policies in both these areas will have to address the inequality in opportunities analyzed in the report. This document provides an overview of key report findings and identifies priority actions
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  • 40
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Environmental Analysis
    Keywords: Amazon ; Cerrado ; Climate Change ; Climate Change and Environment ; Climate Change Impacts ; Ecosystem ; Environment
    Abstract: Brazil is highly exposed to climate change risks. The impacts of global climate change risks and local practices on the Amazon and Cerrado biomes are of particular concern, as they provide vital ecosystem services to Brazil, the South American region, and the world. The Brazil Country Climate and Development Report (CCDR) examines the implications of climate change and climate action for Brazil's development objectives and priorities. It identifies opportunities for Brazil to achieve both its development goals and its climate commitments. It lays out a combination of sectoral and economy-wide policy reforms, as well as targeted investments in near- and medium-term mitigation and adaptation measures to achieve more rapid and inclusive development with lower greenhouse gas (GHG) emissions. The idea is to maximize synergies between climate and development objectives, while addressing trade-offs among policy objectives and key transition challenges
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  • 41
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Climate Change ; Data ; Disaster Response ; Drought ; Food Security ; Inclusive Growth ; Macroeconomics and Economic Growth
    Abstract: This 2023 Economic Update for Mali is articulated in two chapters, plus a spotlight. The first chapter presents the economic and poverty developments observed in the country in 2022 as well as the outlook from 2023 to 2025. This chapter is followed by a summary of the macroeconomic-poverty impact analyses for Mali in the World Bank Sahel Country Climate and Development Report (2022). Chapter Two offers a deep dive on the potential from using disaster risk financing and insurance instruments to reduce adverse socio-economic impacts of climate shocks. While the analysis is about the establishment of such instruments to protect a key sector such as pastoralism, which engages around 80 percent of Mali's households, their use can be extended to other sectors such as agriculture
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  • 42
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Education ; Education Reform and Management ; Evolving Skills ; Labor Markets ; Low-Income Countries ; Middle-Income Countries ; Social Protections and Labor ; Technical and Vocational Education and Training ; TVET
    Abstract: Reform of formal technical and vocational education and training (TVET) is urgently needed in most low- and middle-income countries. Demographic trends, coupled with higher rates of students completing lower levels of education, can lead to an exponential increase in the number of secondary TVET students in the next 20 years, particularly in low-income countries (LICs). However, there are significant risks attached to expanding a system that is often considered a second-tier educational track and to which challenged learners are often directed. Because of a broken link between TVET systems and labor markets in low- and middle-income countries (LICs and MICs, together: L/MICs), TVET cannot deliver on its promise. The urgency is compounded by megatrends associated with globalization, technological progress, demographic transformation, and climate change, which affect both skills demand and the distribution of economic opportunities. This report offers guidance to policymakers designing and implementing TVET reforms, emphasizing core principles and practical considerations for L/MICs. There is much to be learned from recent L/MIC reform experiences like those in Bangladesh, El Salvador, and Mongolia, about identifying effective reform strategies and the likely impact of megatrends on future demand for TVET. The report focuses on secondary and post-secondary non-tertiary formal TVET, defined as TVET obtained within the formal education system that leads to diplomas, degrees, or other formal certifications. This overview, summarizing the main messages from the report, has three parts. The first, the TVET Promise, looks at the potential of TVET systems to deliver access to equitable, quality, and relevant training and contribute to employment and productivity. The second, the TVET Challenge, articulates the main limitations in practice for L/MIC TVET systems. The third, the Way Forward to Better TVET, proposes three interrelated transformations (three E's) and six policy priorities to help TVET deliver on its promise in L/MICs
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  • 43
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Economics of Education ; Education ; Education Finance ; Education Reform and Management ; Enabling Factors ; Higher Education ; Integration ; Regional Cooperation
    Abstract: Higher education systems in South Asia have undergone significant changes in the past two decades. Each country in the region has experienced a rapid rise in university enrollment, fueled by demographic growth and the resulting expansion of secondary education. However, in the absence of sufficient financial resources to accommodate increasing student numbers, most higher education institutions are facing daunting challenges. Unlike the recent evolution in Europe and East Asia, South Asian higher education systems and institutions have made little progress in working together so far, notwithstanding the positive results of a few noteworthy partnerships, such as the creation of the South Asian University. The ability of South Asian nations to work together in the higher education sphere will, to a significant extent, determine their capacity to support the development efforts of their respective countries in an effective and dynamic manner. Against this backdrop, the main objective of this report is to explore the potential for increased regional collaboration and integration in higher education in the South Asia region
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  • 44
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: COVID-19 ; Education ; Education Indicators and Statistics ; Education Reform and Management ; Learning Acceleration ; Learning Poverty
    Abstract: Before the COVID-19 pandemic, global learning levels were unacceptably low. In 2019, learning poverty, the share of children unable to read and understand a simple text by age 10, had reached 57 percent in low- and middle-income countries (World Bank and others 2022b). This constituted a global learning crisis. Despite significant expansion in access to schooling in most low, and middle-income countries over the past 50 years to near-universal levels for primary school, progress in improving global learning levels had stalled. This report, Learning Recovery to Acceleration: A Global Update on Country Efforts to Improve Learning and Reduce Inequalities, takes stock of what countries have done so far to recover and accelerate learning since reopening schools, and what we have learned from their experience. It follows the RAPID Framework for Learning Recovery and Acceleration, which we published with the Bill and Melinda Gates Foundation, U.K.'s Foreign, Commonwealth and Development Office (FCDO), UNESCO, UNICEF and USAID in 2022 as a menu of policy actions based on past evidence and on policies that many countries were already implementing. To a large extent, many of the policies and interventions needed to recover from the pandemic setbacks and accelerate learning are known. One lesson is clear: political and financial commitment are vital for improving learning and reducing inequality. Effective education strategies require societies' determination to make education a priority and devote the necessary human and financial resources to end the learning crisis. Policymakers, schools, and communities must work urgently to recover learning, tackle deep-rooted systemic challenges, and build resilience to future disruptions
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  • 45
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Climate Change ; Fiscal Adjustment ; Fiscal and Monetary Policy ; Fiscal Sustainability ; Health Care ; Macroeconomics and Economic Growth ; Revenue Mobilization ; Social Protection ; Spending Trends ; Taxes, Transfers and Equity
    Abstract: Having implemented a substantial fiscal response to COVID-19, Thailand's government now faces the medium-term challenge of reducing elevated deficit and debt levels, and the structural challenge of meeting rising spending needs, including those associated with an aging population, while maintaining fiscal sustainability. In this context, this Public Revenue and Spending Assessment sets out revenue and expenditure choices that will help to ensure a more inclusive and sustainable economy. This will require raising revenue, improving the efficiency of public spending, and ensuring that revenue and spending policy measures support the most vulnerable and are responsive to climate-related challenges. Within this overall framework, the report provides several recommendations to improve the quality of spending in the health, education, and social protection sectors, as well as a detailed assessment of fiscal policies that will contribute to the achievement of climate mitigation and adaptation goals
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  • 46
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2113
    Keywords: COVID-19 ; Edtech ; Education ; Education Indicators and Statistics ; Education Reform and Management ; FLC ; Foundational Learning ; Teachers
    Abstract: The FLC Progress Report showcases initiatives that have helped create tools and knowledge for countries to improve foundational learning through their educational systems. Since it is the first such report for the FLC, it will cover the transition to the FLC from the previous SABER3 program to its incarnation as the FLC umbrella trust fund. It will also examine recent and current challenges, including the slowdown in the pace of implementation during the COVID related school and ministry closures. The pandemic both stymied and shaped how the FLC initiatives worked, where we worked, and when we worked. We have had to adapt. Fortunately, implementation has picked up in the last year and technical teams have been working tirelessly to accelerate implementation
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  • 47
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2109
    Keywords: Education ; Education Finance ; Finance and Financial Sector Development ; Health ; Health Economics and Finance ; Health, Nutrition and Population ; HRM ; Human Development ; Macro Fiscal Context ; Public and Municipal Finance ; Public Expenditure ; Sustainability
    Abstract: This is an overview of the CAR Human Development (HD) Public Expenditure Review (PER). This overview provides an analytical basis to decision-makers and stakeholders for the formulation of ambitious yet fiscally responsible interventions to improve human capital outcomes in CAR. The PER examines public expenditure trends of the education, health, and social protection (SP) sectors with a focus on adequacy, efficiency, and equity of expenditures as well as human resource management (HRM). The primary objective is to provide analytical insights for government policy development and prioritization strategy as it seeks to achieve a resilient recovery and rebuild its education and health sectors and establish a strong SP system which will help the poorest households invest and protect their own human capital. The PER can also serve as a useful source of knowledge and information to development partners seeking to deepen the impact of their support to the human capital development sectors. The recommendations put forth by the PER are those identified as fiscally sustainable and most important for rebuilding and strengthening human capital development sectors, including a focus on future human resource (HR) recruitment needed in the education and health sectors
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  • 48
    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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  • 49
    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 ; Climate Change Mitigation and Green House Gases ; Climate Resilience ; DRC ; Economic Growth ; Environment ; Fragile Countries ; Low-Carbon ; Macroeconomics and Economic Growth
    Abstract: This Country Climate and Development Report (CCDR) aims to support DRC's efforts to achieve its development goals within a changing climate by quantifying the impacts of climate change on the economy and highlighting policies and interventions needed to strengthen the country's climate resilience on many different levels. The report captures the interplay between DRC's development, climate challenges, and climate policies, with the objective of identifying synergies and tradeoffs. The CCDR supports the strategic vision of the Government of DRC as articulated in its 2030 National Strategic Development Plan ("Plan National Strategique de Developpement" (PNSD)) to reach middle-income country (MIC) status by 2035, and by 2050, become a diversified inclusive economy spurred by sustainable growth. It identifies the priorities needed in order to launch the most impactful, cost-effective actions to boost adaptation, build resilience, and foster low-carbon growth, while delivering on broader development goals. These are critical objectives, especially in fragile countries such as the DRC
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  • 50
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 11872
    Keywords: Adaptation to Climate Change ; Childhood Trauma ; Climate Change and Health ; Disability ; Earthquake Impact On Learning ; Earthquake-Related Learning Loss ; Economic Consequences Of Trauma ; Economic Impact Of Trauma ; Education ; Emotional Damage From Disasters ; Labor Markets ; Post-Traumatic Stress and Learning ; Psychosocial Impact Of Natural Disaster
    Abstract: The recent earthquakes in 11 provinces in Turkiye affected the learning of more than 5 million students. The natural disasters occurred during a global economic contraction and regional conflicts just after special circumstances caused by the COVID-19 pandemic. These challenges resulted in learning losses, emotional and psychosocial damages with expensive economic consequences that is estimated at more than 3.5 percent reduction in Gross Domestic Product (GDP) annually if not tackled carefully and in a timely manner. These challenges require policy decisions to protect the education system and the learning and skills assets given the political commitment to build back better. This report (i) quantified the challenges, (ii) evaluated the immediate steps taken since the 6th of February by the Ministry of National Education (MoNE) and proposes an emergency response system that can be deployed during future disasters and crises, and (iii) recommends a roadmap to support the education system for recovery from the earthquake emergency. The roadmap focuses on the earthquake regions and consists of (i) institutionalizing of an integrated national program targeting education and care aiming at a strong head start for 3-, 4- and 5-years old children and support to mothers and families; (ii) supporting green and resilient reconstruction to provide a learning environment for all children; (iii) establishing a learning catching up program for acceleration and support towards learning and wellbeing of vulnerable groups; (iv) securing the skills asset for improved production and economic growth with a futuristic vision towards green and technological innovations aiming at signature programs in general secondary, vocational education, professional and higher education focusing on the skilling and reskilling agendas; and finally (v) establishing a national center of excellence for education management in emergencies
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  • 51
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2119
    Keywords: Debt Indicators ; Education ; Environment ; Fiscal Indicators ; GDP ; GHG ; Health Economics and Finance ; Health Insurance ; Health Monitoring and Evaluation ; Inflation ; Macroeconomics and Economic Growth ; Poverty Indicators ; Poverty Reduction
    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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  • 52
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 11872
    Keywords: Access To Basic Education ; Education ; Education Governance ; Education Quality ; Free Education ; Gender and Development ; Gender and Law ; School Learning Environment ; Teacher Quality
    Abstract: The implementation of the fee-free basic education policy (FBEP) in Tanzania since 2015 has led to consistent growth in the education sector. However, the rapidly increasing school-age population has been creating demands for additional resources and capacity that are often not met. Persistent challenges related to institutional governance and insufficient education spending toward core teaching and learning matters further hinder service delivery and result in inadequate learning outcomes. This note draws evidence from existing studies and available data, taking a holistic approach to assess the performance of the basic education system in Mainland Tanzania in the last decade. It describes the basic service delivery indicators but also goes beyond to analyze the underlying challenges in institutional governance and basic education financing. Recognizing that basic education can deliver fundamental literacy, numeracy, as well as socioemotional skills which are crucial building blocks for continued education and training, employment, and lifelong fulfillment for all Tanzanian citizens, the policy note highlights the following areas that require attention: equitable access; learning outcomes; quantity, quality, and management of teachers; school learning environment; the curriculum and language of instruction; national examinations and learning assessments; and governance and finance
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  • 53
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2163
    Keywords: Access and Equity in Basic Education ; Carbon Neutrality ; Climate Change ; Education Finance ; Educational Institutions and Facilities ; Energy ; Environment ; Low-Carbon ; Macroeconomics and Economic Growth ; Resilience
    Abstract: The Cambodia Country Climate and Development Report (CCDR) provides analysis and recommendations on how Cambodia can achieve sustained development while responding to climate change and the low-carbon transition. Cambodia has high development aspirations, aiming to become an upper-middle-income country by 2030 and a high-income country by 2050. Achieving these goals will not be easy and will require a more inclusive, diversified, and productive economy. Climate change could amplify existing development challenges, with potentially sizable impacts on growth, trade, debt, and poverty reduction, as Cambodia faces one of the world's highest levels of exposure to floods and extreme heat. However, building climate resilience also offers an opportunity, not only to mitigate climate risks, but also to concurrently further development outcomes, as this report finds that adaptation measures in Cambodia have large development co-benefits. Moreover, Cambodia has made ambitious pledges in its Nationally Determined Contributions (NDC) and in its Long-term Strategy for Carbon Neutrality (LTS4CN). Delivering these commitments will require careful policy choices to mitigate transition risks and seize development opportunities. Finally, as a small, open economy highly dependent on trade and foreign direct investment (FDI), Cambodia will be highly affected by the accelerated decarbonization and changing consumption and production patterns in the rest of the world. With the right policy choices and a vibrant private sector, this could offer opportunities for export diversification, job creation, and growth
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  • 54
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2209
    Keywords: Access and Equity in Basic Education ; Access To Education ; Adult Literacy ; Agency ; Education ; Gender ; Gender and Education ; Gender Barrier To Education ; Gender Bias in Education ; Girls Primary Education
    Abstract: This thematic note is part of a broader mixed-method study on gender inequalities in Madagascar, which intends to illustrate the key gender gaps in the country and shed light on the unique challenges that young Malagasy women face in their educational, professional, and family trajectories. Due to the persistence of financial, social, and institutional barriers, Malagasy women and girls encounter significant disadvantages across all dimensions of well-being and are unable to access opportunities in an equal manner with men and boys in the country. They are largely constrained in their ability to accumulate human capital in education and health, and to participate in economic opportunities; and they face severe limitations in agency and decision-making, particularly with respect to family formation. Women and girls also appear to be disproportionally affected by the impacts of climate change and the COVID-19 pandemic, which further widen preexisting gender gaps and amplify vulnerability to poverty, violence, and discrimination. This thematic note discusses in detail the status of girls' and women's education in Madagascar and proposes several strategic lines of action to assist girls and young women in completing schooling. This note is accompanied by the overview of all study findings and three thematic notes that present in-depth insights in the following key dimensions: health, economic opportunities, and agency
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  • 55
    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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  • 56
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Connectivity ; Digital Transformation ; Education ; Education For the Knowledge Economy ; Government Information Network ; Higher Education ; Higher Education Reform ; ICT Applications ; ICT Policy and Strategies ; Information and Communication Technologies ; Internet ; Social Protections and Labor ; Vocational and Technical Education
    Abstract: The Digital Transformation of Philippine Higher Education recommends a medium-term strategy for the Commission on Higher Education (CHED). Chapter 1 presents an overview of the Philippine higher education sector and analyzes the sectoral and country context for digital transformation of higher education. Chapter 2 discusses the foundations and pillars that support digital transformation as well as the building blocks of common and shared platforms and services for students and academic, research, and administrative stakeholders in higher education. Based on the findings in Chapter 1 and global good practices on digital transformation in Chapter 2, Chapter 3 recommends strategic goals and actions for CHED and HEIs as well as other higher education key players to digitally transform Philippine higher education
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  • 57
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Access To Educaton ; Becoming Upper-Middle-Income ; Economics of Education ; Education ; Gender and Education ; Gender Inequity ; Gender Monitoring and Evaluation ; Girls Education Gap ; High Stunting Rate ; Human Capital Investment ; Skill Utilization ; Social Development
    Abstract: Pakistan can realize major economic growth and development by investing in its people and their human capital. But the reality is that Pakistan's human capital is low and has improved only marginally over the past three decades. Inequalities in human capital outcomes have persisted or widened over time between the rich and poor, men and women, and rural and urban areas and among the provinces. Human capital outcomes are low across the board, with even the most economically advantaged groups in Pakistan having lower human capital outcomes than less economically advantaged groups in peer countries. Pakistan's Human Capital Index (HCI) value of 0.41 is low in both absolute and relative terms. It is lower than the South Asia average of 0.48, with Bangladesh at 0.46 and Nepal at 0.49. Pakistan's human capital outcomes are more comparable to those in Sub-Saharan Africa, which has an average HCI value of 0.40. To enhance its human capital, Pakistan should adopt a life cycle approach to building, protecting, and deploying human capital, starting before birth, continuing through early childhood development, and schooling, culminating in increasingly productive employment. This calls for a long-term commitment, recognition of the multidimensional and cumulative nature of human capital investments, deliberate efforts from multiple stakeholders and sectors to build on intersectoral linkages, and a continuity of policies across political parties and governments. Many countries previously at Pakistan's level of development have managed to precisely do this, even with regional variations and gaps just as large. Pakistan has the tools to implement the recommendations in this report, provide stewardship for human capital investments, and enhance economic growth over the long term. Pakistan's handling of the COVID-19 pandemic has shown that the country can manage complex challenges, despite its institutional constraints
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  • 58
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Gender Assessment
    Keywords: Access and Equity in Basic Education ; Contraceptive Use ; Cutting ; Education ; Female Genital Mutilation ; Gender ; Gender and Health ; Gender and Law ; Gender and Poverty ; Gender-Based Violence ; Girls Education Status ; Maternal Health Access ; Social Conflict and Violence ; Social Development ; Women's Access To Health Services ; Women's Agency ; Women's Economic Opportunity
    Abstract: Evidence shows that Guinean women and girls face important barriers across all dimensions of well-being that prevent them from having access to opportunities on an equal footing with men. The poor agency of women and girls, as reflected in the high prevalence of discriminatory legal and social norms, translates into gaps in health, education, employment, and entrepreneurship, ultimately undermining their capacity to fulfill their potential and imposing important societal costs. This report presents a summary of the key challenges facing Guinean women and girls relative to men and boys. The report has a particular focus on early family formation, a common phenomenon in the country with important implications for girls' and women's well-being and opportunities in life. On the basis of this diagnostic and a review of evidence of what works, the report proposes some strategic lines of action to address the existing constraints and effectively empower Guinean women
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  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Access and Equity in Basic Education ; Accessibility ; Child-Focused ; Curriculum and Instruction ; Disability ; Education ; Education Reform and Management ; Inclusive Education ; Social Development ; Social Inclusion and Institutions
    Abstract: This report presents a review of different approaches in service delivery being implemented in the regions of Sub-Saharan Africa (SSA) and South Asia (SA) to ensure the inclusion of children with disabilities in education. The review examines in what ways (and the extent to which) different approaches have been operationalized and contextualized to enable the inclusion of children with disabilities in mainstream education systems, focusing specifically on primary schooling
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  • 60
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Adaptation to Climate Change ; Climate Change ; Climate Change and Environment ; Ecosystem Degradation ; Ecosystems and Natural Habitats ; Environment ; Landscape ; Mazowe ; Sustainable Development
    Abstract: Productive natural ecosystems are being lost and degraded by poorly planned and managed commercial and small-scale livelihood activities in Zimbabwe, and threats will be further exacerbated by climate change. This report identifies the drivers of ecosystem degradation and assesses the value of ecosystems that are key to Zimbabwe's sustainable development. It also highlights investments that are necessary to protect the landscape and deliver ecosystem services for sustainable livelihood and climate resilience
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  • 61
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Keywords: Capital Markets ; Capital Markets and Capital Flows ; Climate Change ; Finance and Development ; Finance and Financial Sector Development ; Governance ; Inclusion ; Poverty Alleviation ; Resilience ; Shared Prosperity ; Sustainability ; Sustainable Finance
    Abstract: This annual report, which covers the period from July 1, 2022, to June 30, 2023, has been prepared by the Executive Directors of both the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)-collectively known as the World Bank-in accordance with the respective bylaws of the two institutions. Ajay Banga, President of the World Bank Group and Chairman of the Board of Executive Directors, has submitted this report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors
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  • 62
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2114
    Keywords: Adaptation To Climate Change ; Agriculture ; Climate Change ; Energy ; Environment ; Green Infrastructure ; Hydro Power ; Landscape Restoration ; Sustainable Land Management ; Vakhsh River ; Water
    Abstract: This report outlines the main results of a study conducted to assess the potential role of landscape restoration/nature-based solutions/green infrastructure in the Vakhsh River Basin, Tajikistan, to reduce the impacts of soil erosion on the hydropower cascade, increase agricultural productivity, improve livelihoods, and inform about investment opportunities. This assessment finds sediment sources and loadings in the Vakhsh River Basin, considers the potential correlation between soil erosion and sedimentation in hydropower reservoirs, proposes possible and cost-effective landscape restoration measures, and estimates the value of ecosystem services provided. The study also presents recommendations for implementing the proposed interventions for the Vakhsh River Basin and for scaling up to other degraded areas throughout the country
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  • 63
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Infrastructure Study
    Keywords: Adaptation to Climate Change ; Agricultural Sector Economics ; Agriculture ; Agriculture Infrastructure ; Climate Change ; Climate Resilient Investment ; Energy ; Energy Infrastructure ; Energy Policies and Economics ; Environment ; Infrastructure Economics and Finance ; Infrastructure Finance ; Resilient Infrastructure ; Sub-Saharan Africa ; Transport
    Abstract: This Compendium Volume presents a series of guidance notes and more detailed complementary technical notes that offer practical insights in support of enhancing the climate resilience of infrastructure investment projects in Sub-Saharan Africa. This first introductory chapter starts with an overview of the investment conditions and climatic context in the region, followed by a description of the scope of this Compendium Volume and individual notes, target audiences, and a roadmap for users of the contents covered in this Volume
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  • 64
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Climate Change ; Climate Change Policy and Regulation ; Decntralization ; Economic Growth ; Finance and Financial Sector Development ; Macroeconomics and Economic Growth ; Public and Municipal Finance ; Public Investment ; Public Sector Development
    Abstract: The latest Taking Stock report shows that Vietnam's economic growth slowed from 8% in 2022 to 3.7% in the first half of 2023. It forecasts a moderate growth of 4.7% in 2023, gradually accelerating to 5.5% in 2024 and 6.0% in 2025. However, the economy faces external and domestic headwinds. Vietnam has ample fiscal space and a proactive fiscal policy supporting short-term demand, removing barriers to the implementation of public investment, and addressing infrastructure constraints can help the economy achieve these targets and promote long-term growth. The report's special chapter studies Vietnam's public investment management and how it can contribute to the goal of becoming a high income economy. To harness the power of public investment, the report recommends that Vietnam sustain its level of investment, improve the quality of the proposed project, and address deficiencies in public investment management and inter-governmental fiscal institutions
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  • 65
    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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  • 66
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2163
    Keywords: Adaptation ; Climate Change ; Decarbonization ; Development ; Environment ; Resilience
    Abstract: The Azerbaijan Country Climate and Development Report assesses how the country can reduce its vulnerability to climate shocks and the risks emerging from the global low-carbon transition while protecting the living standards of its people and reaping opportunities of a new climate economy. It argues that regardless of the pace of global mitigation efforts, decarbonization is in Azerbaijan's economic self-interest. It highlights that the country faces considerable risks from future physical climate impacts potentially disrupting its sectors like agriculture and others. Finally, the report shows that climate action is affordable if supported by the right set of policies - some of which are already envisaged by the country's 2022-2026 Socio-economic Development Strategy but not yet implemented like a phase-out of fossil fuels subsidies - aimed at catalyzing private sector investment in decarbonization and resilience."
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  • 67
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 11872
    Keywords: Access and Equity in Basic Education ; Covid-19 Pandemic Impact On Education Spending ; Curriculum and Instruction ; Education ; Education Finance ; Education Funding Indicators ; Education Reform ; Education Reform and Management ; Education Spending Per Child ; Educational Outcome Focus ; Evidence-Based Education Policy ; Gender Equity in Education ; Teacher Effectiveness
    Abstract: Education needs to recover the space it lost in national budgets because of COVID-19. Many LICs and LMICs decreased the prioritization of education spending with the onset of COVID-19. Half of these countries reduced their annual spending on education in 2020, compared to 28 percent in 2019. Emerging evidence suggests that after falling in 2020, the share of education in national budgets of LICs and MICs recovered in 2021 but by 2022 it remained below its 2019 pre-pandemic level. Meanwhile, many HICs protected education shares over that period and some even increased resources specifically for learning recovery. Education financing needs to expand to ensure sufficient per-capita spending to meet national education goals. Given variation across countries, common international benchmarks on education spending should not be used deterministically to assess the adequacy of financing. Spending per school-age child, the most accurate indicator of financing adequacy, averages US53 dollars in LICs, US318 dollars in LMICs, US980 dollars in UMICs and US7,800 dollars in HICs. These stark differences surpass differences in countries' living standards and costs of delivering education services. Many LICs and LMICs that meet common international benchmarks on education spending (such as 4-6 percent of GDP or 15-20 percent of public budgets) still spend very little per school-age child due to their small state budgets and large young populations
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  • 68
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2113
    Keywords: CDR Approach ; Education ; Effective Schools and Teachers ; Motivation ; Skills and Knowledge ; Teacher Policy ; Teachers
    Abstract: This report zooms into what lies behind the success or failure of teacher policies: how teachers experience these policies, and how systems scale and sustain these policies. The report argues that for policies to be successful, they need to be designed and implemented with careful consideration of the barriers that could hinder teachers' take-up of the policy (individual-level barriers), and the barriers that could hinder the implementation and sustainability of policies at scale (system-level barriers). Teacher polices too often fail to yield meaningful changes in teaching and learning because both their design and implementation overlook how teachers perceive, understand, and act in response to the policy and because they miss what is needed at a system level to achieve and sustain change. To avoid this, policymakers need to go beyond what works in teacher policy to how to support teachers in different contexts to adopt what works, while making sure it is implementable at scale and can be sustained over time. This requires unpacking teacher policies to consider the barriers that might hinder success at both the individual and system levels, and then putting in place strategies to overcome these barriers. The report proposes a practical framework to uncover the black box of effective teacher policy and discusses the factors that enable their scalability and sustainability. The framework distills insights from behavioral science to identify the barriers that stand in the way of the changes targeted by the policy and to develop strategies to overcome them. The framework is used to examine questions such as: What changes are required at an individual level to achieve the specific goals of a given teacher policy What barriers constrain the adoption of these changes How can the policy be better designed and implemented to tackle these barriers Moreover, the report draws on evidence from quantitative and qualitative studies on successful and failed teacher policies to examine the factors that make teacher policy operationally and politically feasible such that it can work at scale and be sustained over time
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  • 69
    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 ; Climate Change Mitigation and Green House Gases ; Economic Growth ; Environment ; Infrastructure ; Macroeconomics and Economic Growth ; Poverty ; Resilience ; Urban Development ; Urban Environment
    Abstract: Cote d'Ivoire is at a crossroads. Despite good progress over the last decade, recent global economic and health shocks have aggravated existing problems including lack of fiscal space, limited access to concessional and cheap financing, and a fragile political neighborhood. But Cote d'Ivoire now has an opportunity to put its growth on a more sustainable path, both realizing the aspirations of a growing population and better adapting to the growing impacts of climate change. Climate change impacts are already affecting Cote d'Ivoire, as temperatures increase, rainfall and other weather events become more extreme and less predictable, and sea levels rise. This World Bank Group Country Climate and Development Report (CCDR) shows negative impacts from climate change will reduce economic performance and over proportionally impact the poor. The report examines specific opportunities in energy, agriculture, and land use as well as urban development and interconnectivity that could render the country's development more sustainable and inclusive, raising standards of living while increasing resilience in face of climate change. Dealing with a changing climate is a national imperative, where choices need to be made for the structural transformation of the economy, transitioning from outdoor low-earning sectors such as agriculture to more value-added industrial and service activities
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  • 70
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2119
    Keywords: Climate Change Impacts ; Debt Indicators ; Economic Growth ; Education ; Environment ; Fiscal Indicators ; GDP ; GHG ; Inflation ; Life Expectancy At Birth ; Macroeconomics and Economic Growth ; Poverty Assessment ; Poverty Indicators ; Poverty Reduction
    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 Europe and Central Asia 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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  • 71
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 7800
    Keywords: Adolescent Pregnancy ; Child Marriage ; Economic Inclusion ; Education ; Food and Nutrition Policy ; Gender ; Health ; Livestock and Animal Husbandry ; Trade Facilitation ; Violence Against Women ; Women and Girls ; Women's Leadership
    Abstract: This gender assessment has been prepared as an input for the preparation of the World Bank's Country Partnership Strategy for Mozambique (2023-2027). However, this assessment is not limited to areas of the World Bank's current country engagement; rather, it seeks to provide a general overview of the key challenges and opportunities facing Mozambican women and girls across different dimensions of their lives. The assessment adopts a life-cycle approach identifying key inflection points in the lives of women and girls that either limit or facilitate their empowerment. The assessment is based on a desk review of available studies, reports, and data from Mozambique, and draws on global evidence, largely from the Africa region
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  • 72
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2209
    Keywords: Climate Impact on Girls ; Education ; Education For All ; Gender ; Gender and Development ; Gender and Economics ; Gender Bias in Education ; Girls Life Choices ; Social Aspects of Climate Change ; Social Development ; Systemic Gender Gaps ; Women and Girls Health ; Women's Agency ; Women's Economic Opportunity
    Abstract: This Overview presents the findings from the mixed-method study on gender inequalities in Madagascar, illustrating the key gender gaps in the country and shedding light on the unique challenges that young Malagasy women face in their educational, professional, and family trajectories. Due to the persistence of financial, social, and institutional barriers, Malagasy women and girls encounter significant disadvantages across all dimensions of well-being and are unable to access opportunities in an equal manner with men and boys in the country. They are largely constrained in their ability to accumulate human capital in education and health, and to participate in economic opportunities; and they face severe limitations in agency and decision-making, particularly with respect to family formation. Women and girls also appear to be disproportionally affected by the impacts of climate change and the COVID-19 pandemic, which further widen preexisting gender gaps and amplify vulnerability to poverty, violence, and discrimination. On the basis of the research findings, the Overview presents key gender gaps in Madagascar and proposes four strategic lines of policy recommendations to (i) assist girls and young women in completing school education, (ii) improve women's and girls' access to professional health care and prevent teenage pregnancy, (iii) enhance women's economic opportunities, and (iv) improve women's and girls' voice and agency through the elimination of all forms of gender-based violence. Four thematic notes accompany this Overview and present detailed findings in the four key dimensions: education, health, economic opportunities, and agency
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  • 73
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Kyoto Protocol ; Public Sector Development
    Abstract: Carbon markets under the Paris Agreement are expected to differ substantially from those that emerged under the Kyoto Protocol. Unlike the top-down approach of markets created by the Kyoto Protocol, such as the Clean Development Mechanism (CDM), international carbon markets under Article 6 of the Paris Agreement are expected to have bottom-up linkages that could create an opportunity for new and innovative approaches. While the Kyoto Protocol only required Annex I (or developed) countries to meet specific climate targets, the Paris Agreement created a new paradigm for all countries, both developed and developing, to voluntarily adopt individual targets, articulated in their nationally determined contributions (NDCs). This means that a greater level of preparation is needed to ensure that traded assets are aligned with NDCs and accompanied by robust accounting. Ghana is one of early movers in the space. The Government has signed bilateral cooperation agreements with the Government of Switzerland and with the Swedish Energy Agency to develop projects under Article 6 and is preparing institutional arrangements and country processes for transacting Article 6 units
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  • 74
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Environmental Analysis
    Keywords: Adaptation To Climate Change ; Air Pollution ; Climate Change ; Climate Change and Environment ; Energy ; Energy and Environment ; Environment ; Green Issues
    Abstract: Serbia needs to transition to a greener growth model for internal and external reasons. Internally, Serbia's economy is still characterized by low energy and resource productivity, with significant impacts on health and the environment. As a candidate country for EU membership, Serbia also needs to react to external influences by aligning domestic policies with the EU's energy, environment, and climate legislation, while avoiding negative impacts of the EU's planned Carbon Border Adjustment Mechanism (CBAM). This report draws from a rich analysis to provide recommendations on how the transition to greener and more resilient growth in Serbia can begin. First, environmental fiscal reforms are needed to incentivize the adoption of more environmentally friendly technologies. The implementation of carbon pricing will also enable Serbia to proactively prepare for the upcoming EU CBAM. The proceeds of carbon pricing should be reinvested in innovation and education to further accelerate the green transition. Second, institutional frameworks need to be strengthened to support the government in delivering on reforms. Third, sector-specific reforms will need to address important challenges like energy efficiency, air pollution, waste management, water, and wastewater. Importantly, the transition needs to be based on a coherent and adaptive roadmap, which mitigates the risks of 'brown' growth, protects those adversely impacted, and ensures an equitable distribution of the benefits of increased growth
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  • 75
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: In Jordan, natural resource scarcity and import dependence mean pronounced climate change impacts are inevitable and adapting to climate change is a pressing development priority. A new World Bank diagnostic tool, The Country Climate and Development Report explores the linkages between climate and development and identifies priority actions to build resilience and reduce carbon emissions, while supporting economic growth and reducing poverty. The report indicates that Jordan's trajectory in meeting its climate and development goals will be largely determined by policy and investment choices in five strategic sectors - water, energy, agriculture, transport and urban development. The transformation of those sectors towards a resilient and low carbon path would need to be closely coordinated along two nexuses to maximize co-benefits and to reduce potentially negative socio-economic impacts: the water-energy-food security nexus, in a context of extreme water scarcity and pressing adaptation needs, and the urban-transport-energy nexus, which is at the core of the shift towards a low-carbon growth path. Jordan will need to use a combination of avenues to leverage financing for priority climate action. Selected policy reforms to improve the management of public investment in key sectors, attract and leverage private sector financing, incentivize end-users and change behaviors, and ensure greater engagement of the financial sector will all be essential for the achievement of Jordan's climate priorities. Equally important will be the identification of additional financing for priority investments, without which the country's climate commitments may remain out of reach
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  • 76
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Keywords: Adaptation To Climate Change ; Carbon Taxes ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development ; Resilience
    Abstract: Integrating climate and development is a pillar of the World Bank Group's (WBG) Climate Change Action Plan 2021-25. To advance its implementation, the WBG has launched the Country Climate and Development Report (CCDR). This new, core diagnostic tool analyzes how a country's development goals can be achieved in the context of adapting to, and mitigating against, climate change. As such, the Pakistan CCDR provides analysis and policy recommendations on how to harmonize the country's efforts to achieve further economic growth and lower poverty rates, on the one hand, with the pursuit of a climate-resilient, low-carbon, and equitable development path, on the other. In light of the devastating 2022 heatwaves and floods and the country's vulnerability profile, the CCDR puts a strong emphasis on the need for building long-term resilience. Further, it explores pathways for Pakistan to achieve deep decarbonization by 2050, and eventually reach net-zero emissions by 2070 without undermining its development ambitions. It also provides assessment on technical, financial and institutional and governance frameworks needed for these climate transitions. Most importantly, it attempts to capture the centrality of people in climate policies by assessing how climate risks affect lives and livelihoods, and ways in which governments can build resilience and address poverty, distributional and job impact of climate change and climate actions. Lastly, it sheds lights on ways for Pakistan to galvanize cooperation between public and private sectors and support from international communities
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  • 77
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Keywords: Adaptation ; Adaptation To Climate Change ; Climate Change ; Climate Change and Environment ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: Climate change poses major risks for development in the Philippines. Climate shocks, whether in the form of extreme weather events or slow-onset trends, will hamper economic activities, damage infrastructure, and induce deep social disruptions. Adaptation to the risks of climate change, including both extreme events and slow-onset problems, is thus critical for the Philippines. Policy inaction would impose substantial economic and human costs, especially for the poor. Adaptation cannot eliminate the costs of climate change, but it can substantially reduce them. Many adaptation responses also contribute to mitigation; conversely, many mitigation measures generate local co-benefits, such as reduced air pollution. Although the Philippines is a relatively low emitter of greenhouse gas (GHG), it can contribute to global mitigation efforts through an energy transition, including a shift away from coal. The investment costs of such adaptation measures and an energy transition are substantial but not out of reach. The Philippines Country Climate and Development Report (CCDR) comprehensively analyzes how climate change will affect the country's ability to meet its development goals and pursue green, resilient, and inclusive development. The CCDR helps identify opportunities for climate action by both the public and private sectors and prioritizes the most urgent development challenges impacted by climate change in the Philippines
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  • 78
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Economic and Sector Work Reports
    Keywords: Climate Change ; Dams and Reservoirs ; Hydrology ; Irrigation ; Irrigation and Drainage ; Water Resources ; Watershed Management
    Abstract: This assessment report presents the results of a study focused on the Sioni Reservoir watershed, which is subject to seasonal sediment loads affecting the sustainability of water for hydropower generation and irrigation. The study reveals the major causes of landscape degradation within target watershed and sediment loads to the Sioni Reservoir affecting the suitability of water for irrigation and the lifetime of the dam. The study also identifies the main interventions for landscape restoration and provides a brief analysis of the institutional and policy gaps and recommendations that are applicable for other watersheds in the region as well
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  • 79
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Access and Equity in Basic Education ; Education ; Education For All ; Environment ; Finance and Development ; Finance and Financial Sector Development ; Global Markets ; Green Growth ; Green Issues ; Illegal Deforestation ; Inclusion ; Productivity ; Social Development ; Social Inclusion and Institutions ; Sustainable Development Financing
    Abstract: This package of Public Policy Notes is directed to Brazilian policy makers and society to present the World Bank Group's overview of key challenges facing the country at this juncture, and possible ways forward to address them. We present an agenda prioritized around four issues of core relevance to Brazil's recovery and its future resilience. First is the goal of financing development sustainably given the immediate challenge of situating the country's enormous growth, inclusion and climate action needs within a credible macroeconomic framework and efficient and effective fiscal policies. The second theme addressed in this note is building opportunities through productivity-led growth. With the growing reliance of Brazilians on social assistance policies, it is critical to keep sight of growth and jobs as the most important vehicles for the dignity and upward mobility of the poor. Third is increasing the capabilities and economic inclusion of the poor so that they are better able to capture the opportunities that come with growth. Thefourth theme we address in this note is meeting Brazil's potential as a as a leader in green and climate friendly development. This document is accompanied by a package of six policy presentations and an underlying set of more detailed policy reports that can be accesses here: https://www.worldbank.org/en/country/brazil
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  • 80
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Conditions and Volatility ; Economic Forecasting ; Economic Insecurity ; Economic Investment and Savings ; Education ; Global Shocks ; Inequitable Access ; Inflation ; Macroeconomics and Economic Growth ; Uneven Distribution
    Abstract: Amidst repercussions from the Russia-Ukraine conflict, lingering supply chain disruptions, and tightening global financial conditions, Egypt is experiencing a spike in inflation and has suffered abrupt large-scale portfolio outflows; adding pressures to the country's already stretched public finances and external accounts. The Central Bank of Egypt (CBE) has undertaken exchange rate and monetary policy adjustments since March 2022 by allowing the exchange rate to depreciate and by raising key policy rates, in order to contain the widening trade deficit, capital reversal and the ensuing drop in foreign exchange buffers. In tandem, the government announced social mitigation packages. The authorities' efforts to restore macroeconomic stability, rebuild reserves, and push ahead with structural reforms is supported by the 46-month International Monetary Fund (IMF) program, along with other multilateral and bilateral financing and investments. This report provides an update on the recent economic developments and outlook of the Egyptian economy, while embedding the analysis in long-standing challenges. It also features a Special Focus on Education Sector reforms that draws on the World Bank Egypt Public Expenditure Review for Human Development Sectors. A key message is that education spending, its efficiency, and the overall learning outcomes require improvements in order to meet the needs for robust human development, poverty reduction, improved equity, and long-term growth. According to the report, there are three key (inter-connected) priorities going forward: (1) establishing sustained macroeconomic stability and enhancing the competitiveness of Egyptian economy to ensure resilient sources of foreign income activities (exports and FDI). This requires continuing to push ahead with business environment reforms; (2) streamlining budgetary and off-budget expenditures and increasing revenues to create the fiscal space required to allocate more resources for priority areas (such as the education sector); and (3) unleashing the private sector's potential in higher value-added and export-oriented activities to create jobs and improve living standards
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  • 81
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Education ; Finance and Financial Sector Development ; Industry ; Information and Communication Technologies ; Infrastructure Finance
    Abstract: This report provides a region-wide analysis on the status of the digital economy in South Asia. It identifies opportunities and challenges for national and regional action to realize the transformational potential of digitalizing economies, societies, and governments. The report synthesizes and builds upon country assessments produced for Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. It follows the World Bank's digital economy assessment framework, covering different dimensions of the digital economy from digital infrastructure and public platforms to digital financial services, skills, and the trust environment. It also discusses the opportunities and benefits of regional integration and collaboration. First and foremost, enabling access to high-quality affordable broadband, and increasing its adoption, will yield substantial social and economic benefits. These benefits include better access to information, education, and training, greater administrative efficiency in public services, and improved economic growth and productivity. There are currently significant gaps in connectivity access and usage within and across South Asian countries. While most countries have closed the gaps in mobile network coverage, fixed broadband coverage remains a challenge. The usage gap (represented by the number of people living within range of a mobile network but not using the Internet) remains the region's biggest challenge, and is driven by gaps in digital literacy, gaps in affordability for the poorest quintiles, and a lack of relevant content and applications. While there is significant diversity across South Asia, countries in the region might consider adopting a twin-track approach as follows: a) implement policies to enhance competition and attract private sector investment for the upgrade and roll out digital infrastructure, especially for fixed fiber networks that connect users over the middle and last miles, and b) invest heavily in demand-side policies and programs to enhance digital skills and increase affordability, especially for the poorest in the region
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  • 82
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Education ; Gender ; Health Care Services Industry ; Health Service Management and Delivery ; Health, Nutrition and Population ; Industry ; Nutrition ; Population and Development ; Social Capital
    Abstract: A small open economy, Benin has seen growth that is above average for the region. The volatility of high growth spells combined with low productivity growth has translated into limited gains in income per capita. Following its transition from low-income country to lower middle income country status in 2020 Benin is at the start of a new growth path. Its challenge is to boost the structural transformation of its economy driven by new growth drivers capable of sustaining an economic acceleration, lifting labor productivity and creating quality jobs for its young labor force, including women. While Benin's economy has been spared by the worse of the Coronavirus disease 2019 (COVID 19) crisis, the shock has reinforced the need to focus on structural reforms that address long term challenges and ensure that economic recovery is sustainable and inclusive. The key conclusions that underpin this report, following the country economic memorandum (CEM) 2.0 framework suggest that investing further in human capital and closing gender gaps, particularly to accelerate the decline in fertility rates, and integrate women and youth into a higher quality labor market, should be central. Deepening market integration, connecting people and creating agglomeration economies through transport infrastructure and services should catalyze additional opportunities, taking advantage of Benin's geographical position
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  • 83
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Water Papers
    Keywords: Climate Change ; Dams and Reservoirs ; Environment ; International Waters ; River Basin Management ; Water Resources ; Water Resources Management
    Abstract: This Completion Report summarizes cumulative results and outcomes for the South Asia Water Initiative (SAWI) Phase 2 (from 2013-2021). SAWI's objective was to increase regional cooperation in the management of the major Himalayan river systems in South Asia to deliver sustainable, fair, and inclusive development and climate resilience. Four interlinked pathways supported the outcomes: (i) building confidence and trust among the countries - mainly by convening regional technical dialogues; (ii) generating new technical knowledge, including in partnership with others, for national programs to use and to help shift stakeholder perceptions; (iii) building capacity of key institutions and stakeholders by exposing them to regional collaboration efforts elsewhere and training them in the use of new tools and technologies to strengthen water resource management; and (iv) scoping and leveraging investments, most notably World Bank investments so that these new approaches could be embedded and taken to scale
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  • 84
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Investment Climate Assessment
    Keywords: Economics of Education ; Education ; Education Services Industry ; Educational Institutions and Facilities ; Higher Education ; Industry ; Information and Communication Technologies
    Abstract: Malaysia's higher education sector expanded rapidly in the late 1990s, with the number of institutions peaking in 2001 and the number of international students peaking in 2017. Following improvements in the quality of local universities and the establishment of branches of international campuses in Malaysia, the country has become a net receiver of foreign students. Enhanced trade in the higher education sector, and the expansion of the sector, bodes well for Malaysia's next phase of economic development. The objectives of this paper are to document the pattern of trade in higher education services in Malaysia and to analyze the main factors that constrain trade in this sector. First, the paper aims to document Malaysia's higher education landscape and the pattern of trade in each of the four modes of services trade. Second, it seeks to identify key policy challenges and constraints affecting this sector. The paper employs a combination of quantitative, qualitative, and institutional research methods. The paper finds that despite numerous liberalization measures, a number of remaining restrictions and limitations continue to impact trade in the sector. The paper finds that the most significant policy challenges likely relate to domestic constraints. To attract foreign students and faculty members and to enhance trade in the higher education sector, it is crucial to ease the visa and immigration processes and rules. Furthermore, measures to enhance the digitalization of administrative processes at the regulatory agencies and at Higher Education Institution (HEIs) can increase efficiency, with the potential to reduce the burden associated with excessive documentation requirements. It is also crucial that agencies and universities systematically collect more data to better inform policy reforms and guide universities in how to improve their programs
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  • 85
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Adaptation To Climate Change ; Climate Change ; Climate Change Economics ; Climate Change Impacts ; Climate Change Policy and Regulation ; Environment ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: The five countries of Burkina Faso, Chad, Mali, Mauritania, and Niger (the G5) in the Sahel region of Africa are among the least developed countries in the world. The now regular and growing climate shocks are causing large losses in outputs, reducing human capital accumulation, and leading to potentially devastating ecological and economic tipping points in the region. This World Bank country climate development report (CCDR) has examined the most critical actions and policy changes needed to accelerate the region's economic recovery, sustainable and inclusive development, and adaptation to the impacts of climate change. This report has three main messages. First, the opportunities for a resilient and lower-carbon development of the G5 countries are significant. They can reverse environmental degradation and maximize the benefits of climate action for the poor. Second, rapid, resilient, and inclusive growth is both the best form of adaptation to climate change and the best strategy for meeting development goals in an effective, sustainable, and productive manner. Third, the costs of inaction are far greater than the costs of action. Early and targeted action on policies and programs presented in this report can move the G5 Sahel countries towards a greener, more resilient, prosperous, and inclusive future
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  • 86
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Economics of Education ; Education ; Education Indicators and Statistics ; Gender ; Labor Markets ; Skills Development and Labor Force Training ; Social Protections and Labor
    Abstract: Benin has embarked on an ambitious reform of rapid expansion of its technical and vocational education training (TVET) sector with the goal, among others, to increase enrollment tenfold by 2030. Investments in the Benin's human development are important to support the government's economic growth objectives. A specific area of focus and one that has received support from the very highest levels of government is the focus on skills development and TVET. The government has put in place significant reforms to support this subsector with the aim to increase the skills base of the Beninese workforce and the population more generally, to enhance the coordination and functioning of the sector, to strengthen sectoral and institutional governance, and to improve system efficiency and relevance of programs to the needs of the labor market. The objective of this policy note is to inform the ongoing TVET reforms. The note assesses the effectiveness of the TVET system in Benin and provides policy recommendations for improvements. This policy note also presents a perspective on the plans to rapidly expand the sector, drawing on the experience of other economies including high-growth East Asian countries, and considers global trends, technological advances, climate change, and structural challenges, including the high level of informal employment and gender inequality. The report is organized into five chapters. Chapter one presents background information outlining opportunities, challenges, and reforms in the Benin TVET system. Chapter two provides broader analysis of the TVET system in Benin. Chapter three analyzes the recent developments and reforms to system of governance and financing. While chapter four assesses the quality assurance (QA) system in TVET, chapter five summarizes the key reform options and policy recommendations
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  • 87
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Independent Evaluation Group Studies
    Keywords: Early Childhood Development ; Education ; Monitoring and Evaluation
    Abstract: Ratings for the Early Childhood Development Project are as follows: Outcome was moderately unsatisfactory, Bank performance was moderately unsatisfactory, and Quality of monitoring and evaluation was modest. This assessment offers the following lessons: (1) Collaboration, strong national ownership of the NSP, and financial support are requisite conditions but do not ensure performance and outcomes because the World Bank must also provide rigor and candor in its dialogue and advice. (ii) Country teams need to share and archive lessons and implementation knowledge, including Global Practice knowledge, across projects. (iii) The institutional arrangements for cross-sectoral or cross-ministerial action and coordination are less likely to succeed when authority is centered in one of the involved ministers or ministries. (iv) Intersectoral coordination may more likely be sustained with "light mechanisms" and financial resources that empower ministries and national agencies to focus on achieving a convergence of common policies, actions, and results
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  • 88
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Urban Study
    Keywords: City Development Strategies ; Climate Change ; Hazard Risk Management ; Municipal and Civil Engineering ; Urban Development ; Urban Environment
    Abstract: Tashkent's strategic regional position and its projected growth, combined with the natural and human-made hazards it faces, will bring both opportunities and challenges to the city. One of Central Asia's most populous and dynamic cities, Tashkent is the administrative and financial center of Uzbekistan, and its business continuity is essential for the country. The city contributes 16.2 percent of national GDP and is the largest urban market for goods and services in the central Asian region. Tashkent has strong transport, logistics and retail sectors coupled with a significant industrial heritage. Its advantageous location on the transit routes between China and Europe and with neighboring Kazakhstan, combined with declining restrictions on cross-border movements of goods and people, contribute to the increase in economic activity and the growing inflow of visitors both domestic and international. Tashkent has the unique opportunity to be the first city in Central Asia to develop an urban resilience strategy and investment program. Cities around the world are developing resilience strategies to enhance their resilience to local and global shocks and stresses. This report is intended to reinforce Tashkent's potential to be the first city in Central Asia to develop a resilience strategy and through its implementation become a role-model to other cities in the region as well as join other cities globally that are also leading the way in enhancing urban resilience
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  • 89
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Education Sector Review
    Keywords: Education ; Educational Institutions and Facilities ; Primary Education ; Rural Development ; Rural Education
    Abstract: The ReadHome Track and Trace to Strengthen Book Supply Chains project involved the creation of a best practices guide to implementing track and trace solutions for Teaching and Learning Materials (TLM). Support was also provided to five target countries to adapt these best practices to the country context to enable the development of robust, locally-owned supply chain monitoring systems to ensure delivery of TLM to the schools and families that need them most
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  • 90
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Curriculum and Instruction ; Education ; Educational Sciences ; Literacy ; Primary Education
    Abstract: The Early Grade Reading Rainbow is a simple way to understand the key messages from the science of reading. Each rainbow color represents one of eight key skills students need to master to become independent readers. This guide presents the basic elements of an approach to decreasing learning poverty through planning for a program of reading instruction aligned with the science of reading. Each page deals with a single element of the program: it starts with understanding the key findings of the science of reading and then proposes how these can be instantiated in a multi-year series composed of daily lesson plans, each building on the previous one. It also proposes that teacher guidance and support be provided, and that instruction and materials be in the language students best speak and understand. It further proposes that teaching and learning materials be made available to each child, that assessments be aligned with the progression of subskills that are the focus of instruction, and that these materials be adapted to the local linguistic and cultural context
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  • 91
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Disability ; Education ; Social Development ; Social Inclusion and Institutions ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: Children with disabilities undoubtedly face barriers within the education system, however they also face significant challenges within the broader ecosystem that can significantly undermine their and their family's ability to pursue educational opportunities on par with their peers without disabilities. This study aimed to understand what key determinants beyond school-based factors shaped the experiences of children with disabilities and their families' ability to support their educational participation in primary school through case studies in Rwanda, Sierra Leone, and Zambia. The report also includes findings from a short regional survey of parents' and caregivers' perceptions across Sub-Saharan Africa. The study explored factors such as: (1) parental aspirations and involvement in their child's education; (2) stigma and attitudes about children with disabilities; (3) access to necessary supports such as assistive devices, learning materials, and personal assistance; (4) additional and out-of-pocket costs borne by families to support the educational participation of children with disabilities as compared to children without disabilities; (5) accessibility of community infrastructure and transportation; and (6) financial resources and government benefits available to families to support their child's education
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  • 92
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Adaptation To Climate Change ; Climate Change ; Environment ; Finance and Financial Sector Development ; Financial Sector and Social Assistance ; Financial Structures ; Private Sector ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: Peru's economic growth and poverty reduction slowed markedly after the end of the commodity boom. After 15 years of remarkable growth, sources of shared prosperity were drying up as the external context became less favorable. The subsequent slowdown exposed two main structural challenges documented in the Peru 2017 Systematic Country Diagnostic (SCD): low productivity in the private sector, which hindered growth and the creation of quality jobs, and the persistence of large geographic disparities in development outcomes. The first is associated with low technology adoption and innovation, which reduces export diversification and constrains the creation of better-paying jobs and income opportunities for the bottom 40 percent. The second makes it difficult for particular population groups to overcome poverty given the poor quality of services and opportunities in certain parts of the country. To achieve higher productivity from a thriving private sector and decrease spatial disparities, the first SCD identified and prioritized key micro-structural reforms aiming to improve human capital, infrastructure, and the quality of public services and to reduce market rigidities. Five years later, these development challenges not only persist but have worsened. Productivity continues to be low, offsetting other sources of economic growth. Spatial disparities also persist, with new pressures brought to urban areas by a sharp increase in Venezuelan migration. The COVID-19 shock highlighted the structural shortcomings of the Peruvian economy. The pandemic led to a significantly higher number of deaths in Peru than in the rest of the world, a sharp economic contraction, steep poverty increases, and extensive learning disruptions. Concerns over long-term impact, particularly from human capital erosion, remain. And while macroeconomic management strengths prevented an even more profound impact and aftermath effects, the COVID crisis revealed the limitation of the country's buffers and its low capacity to respond to non-financial shocks and manage social conflict. This Update to the SCD argues that the root cause of limited progress toward addressing the two development challenges of low productivity and spatial inequality lies with the weak and declining capacity of public institutions. Institutional instability has substantially increased since the first SCD, further weakening the capacity of the state to design and implement needed reforms, let alone deliver quality services across the territory. An unprecedented turnover in high-profile civil servants has fundamentally disrupted the functioning of the state. At the same time, the business environment has deteriorated. Private investments have plummeted to record low levels, and capital outflows have persisted in the context of more binding regulatory burdens, rising transaction costs, and a volatile and uncertain political context
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  • 93
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Climate Change ; Climate Change and Environment ; Climate Change Mitigation and Green House Gases ; Environment ; Environmental Economics and Policies ; Natural Resources Management ; Social Accountability ; Social Development
    Abstract: The purpose of this report is to raise awareness and initiate a discussion on the need for sovereign sustainability reporting. The proposed sovereign climate and nature reporting framework would assist sovereigns looking to attract investment by enabling them to produce comprehensive, regular, standardized, and, eventually, forward-looking disclosures of their climate- and nature related risks and opportunities. Sovereign reporting would help meet the needs of investors who are increasingly requesting such disclosures for all asset classes in their portfolios so that they can measure portfolio alignment with the Paris Agreement. This report discusses five fundamental questions regarding sovereign climate and nature reporting: (a) why is a sovereign reporting framework needed;(b) what is required to develop a reporting framework for sovereigns; (c) how is materiality important in driving a reporting framework for sovereigns; (d) what is the potential for unintended consequences; and (e) what are the recommended next steps to develop and implement a reporting framework for sovereigns Sovereign reporting needs its own approach and framework. A customized approach suited to the specifics of sovereign reporting is recommended. This could build on the core elements and underlying principles of existing corporate-focused frameworks such as the Taskforce for Climate-related Financial Disclosure (TCFD). Other frameworks such as context-based performance accounting and reporting frameworks and environmental economic approaches could also be drawn upon, such as the UN System for Environmental Economic Accounting (SEEA) framework. Annex A to this report presents a draft example of a sovereign climate and nature risk and opportunities reporting framework as a starting point for discussion (noting that it is not intended as a fully developed template or blueprint)
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  • 94
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Disability ; Education ; Educational Sciences ; Inequality ; Job Creation ; Labor Markets ; Poverty Reduction ; Social Protections and Labor ; State-Owned Banks ; Total Factor Productivity
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  • 95
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Keywords: Education ; Emerging Markets ; Export Competitiveness ; Private Sector Development ; Social Capital
    Abstract: A small open economy, Benin has seen growth that is above average for the region. The volatility of high growth spells combined with low productivity growth has translated into limited gains in income per capita. Following its transition from low-income country to lower middle income country status in 2020 Benin is at the start of a new growth path. Its challenge is to boost the structural transformation of its economy driven by new growth drivers capable of sustaining an economic acceleration, lifting labor productivity and creating quality jobs for its young labor force, including women. While Benin's economy has been spared by the worse of the Coronavirus disease 2019 (COVID 19) crisis, the shock has reinforced the need to focus on structural reforms that address long term challenges and ensure that economic recovery is sustainable and inclusive. The key conclusions that underpin this report, following the country economic memorandum (CEM) 2.0 framework suggest that investing further in human capital and closing gender gaps, particularly to accelerate the decline in fertility rates, and integrate women and youth into a higher quality labor market, should be central. Deepening market integration, connecting people and creating agglomeration economies through transport infrastructure and services should catalyze additional opportunities, taking advantage of Benin's geographical position
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  • 96
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Access and Equity in Basic Education ; Economic Development ; Education ; Governance ; Human Capital ; Human Rights ; Indigenous Communities ; Inequality ; Law and Development ; Poverty Reduction
    Abstract: Colombia has long held great promise. The World Bank's 1950 report on Colombia, the institution's first ever study on a developing country, declared, "The potentialities for development in the future are great." The country boasts a vibrant culture, rich natural resources, and resilient people. Despite its great potential, the country's development has been disappointing. As recently as the early 1980s, Colombia's income per capita was similar to that of Chile, Malaysia, Poland, and the Republic of Korea (Figure 1). Subsequent growth in those countries has exceeded Colombia's, and the Republic of Korea is now four times richer in per capita terms than Colombia. Three interlocking long-run constraints have held Colombia back. The first is violence, which has claimed the lives of one million Colombians since 1948. The second is inequity rooted in the nation's history-the Currie Report highlighted 70 years ago that "a wide disparity in levels of income exists between a small wealthy group and the great mass of the population." The third is institutions that have favored the interests of an elite over inclusive growth
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  • 97
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Education Study
    Keywords: Access and Equity in Basic Education ; Curriculum and Instruction ; Education ; Health, Nutrition and Population ; Mental Health ; Teacher Training
    Abstract: LAC has endured one of the longest spells of school closures. The region was hit disproportionately hard in health, economic, and educational terms. In the region, an entire generation of students - approximately 170 million - were fully deprived of in-person education for roughly 1 out of 2 effective school days to date. The effects of the pandemic on the education sector of the region have been severe. The incipient recovery must focus on returning to schooling and, especially, recovering and accelerating learning. In a nutshell, this agenda entails the urgent and comprehensive implementation of four commitments: (i) A commitment to place the education recovery at the top of the public agenda; (ii) A commitment to reintegrate all the children that abandoned school and ensure they stay in it; (iii) A commitment to recover lost learning and ensure the socio-emotional well-being of children; (iv) A commitment to value, support and train teachers
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  • 98
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Systematic Country Diagnostics
    Keywords: Access To Education ; Adaptation to Climate Change ; Climate Change ; Economic Growth ; Environment ; Gender ; Human Capital ; Infrastructure Economics and Finance ; Infrastructure Finance ; Labor Markets ; Macroeconomics and Economic Growth ; Social Protections and Labor
    Abstract: Chad remains among the least developed countries in the world, and its GDP per capita has contracted since 2015. Its gross domestic product (GDP) per capita (in constant 2010 US dollars) was US
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  • 99
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Covid-19 ; Economic Growth ; Education ; Macroeconomics and Economic Growth
    Abstract: As the two-year Coronavirus (COVID-19) crisis appears to wane, new economic shocks have cast shadows over the global economy heightening uncertainty about the short-to-medium path to recovery. The supply shock associated with the war in Ukraine is expected to blunt the promising economic recovery around the world and has raised the specter of stagflation in advanced countries, leading to tightening conditions in global financial markets. Measures undertaken by China to control the spread of the Omicron variant of COVID-19 are also impacting its growth and the performance of global value chains. Additional risks threaten the recovery prospects of the global economy. New COVID-19 variants continue to be a severe risk, and as people around the world grow weary of pandemic-measures, this 'fatigue' could hamper attempts at controlling the spread. Vietnam's economy is rebounding after two bruising years but faces domestic challenges and an unfavorable external environment in the short-to-medium-term. High vaccination rates facilitated the re-opening of the Vietnamese economy after the lockdowns of Q3-2021. Chapter 1 of this Taking Stock report reviews the recent developments in Vietnam's economy and assesses its short-to-medium term prospects. It examines the country's growth performance, its external balance, and monetary and fiscal policy responses during the first half of 2022. Chapter 2 reviews the performance in tertiary education access and outcomes
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  • 100
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Environmental Analysis
    Keywords: Adaptation to Climate Change ; Carbon Policy and Trading ; Climate Change ; Climate Change and Environment ; Environment ; Environmental Economics and Policies ; Pollution Management and Control
    Abstract: Vietnam has demonstrated great and almost unrivaled development success over the past few decades as evidenced by a variety of measures, including national income, poverty reduction, and access to services. However, Vietnam's performance in terms of progress on robust, equitable and sustainable development, an overarching objective of the country's current policy framework, highlights that Vietnam is comparing less favorably when benchmarked against countries at similar income level, in the East Asia and Pacific region or globally, especially on the environment and resource efficiency. The shortcomings in critical areas of development point to important areas for policy action and investments in relation to the environment, especially as Vietnam strives to ascend to upper-middle-income country status (a level at which countries' international and regional peers generally perform significantly higher). These include measures to rapidly decouple economic activities from polluting fossil fuel consumption (and advance renewable energy); make agriculture and industry more resource-efficient, cleaner, and productive; boost social resilience to natural disasters; and climate-proof infrastructure. Considering today's rampant pollution and highly concerning degradation of the natural environment, it is critical that Vietnam accelerates its shift to a growth model that is cleaner, greener, and more climate resilient. The current 2021-30 Socio-Economic Development Plan (SEDP) and subordinate strategies (such as the new Green Growth Strategy) are already motivated by the overarching policy orientation toward sustainability. And the recent commitment to achieve a carbon-neutral economy by midcentury gives additional impetus to this critical transition. Moving toward a more circular economy, in essence a more resource efficient industry and harnessing the potential of renewable resources to reduce leakage and pollution, in key sectors and value chains can unlock significant growth potential and help reverse the current trends. Many of the necessary interventions, based on first-order estimates, can yield significant benefits relative to costs. Conversely, continuing the growth model of the past decades would result in cumulative costs that create a drag on the economy. Market-based instruments (including taxing carbon emissions and polluting materials such as plastics), if designed well, can unleash economic forces and leverage private sector investments that can simultaneously boost Vietnam's sustainability, economic growth, and competitiveness
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