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  • World Bank Group  (342)
  • Andersen, Hans Christian
  • Edward Elgar Publishing
  • Poverty Reduction  (165)
  • Social Protections and Labor  (119)
  • Climate Change
  • 1
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Independent Evaluations and Annual Reviews
    Keywords: Finance and Development ; Finance and Financial Sector Development ; Financial Support ; IDA ; Jobs ; Labor Markets ; Reform ; Social Protections and Labor
    Abstract: This evaluation is the first stage of the Independent Evaluation Group's assessment of the World Bank's support for more, better, and more inclusive jobs through International Development Association (IDA) financing, and it assesses the implementation of IDA-supported interventions directly supporting its jobs objectives across the three Replenishment cycles from fiscal years 2015 to 2022. Supporting the creation of more, better, and more inclusive jobs is critical towards achieving the goals of poverty reduction and shared prosperity in countries. This is especially true for countries that are eligible for International Development Association (IDA) financing. Since 2014, IDA has included jobs as a special theme, and subsequent IDA replenishments have had what this evaluation calls an 'IDA jobs strategy.' This strategy included explicit objectives, a series of policy commitments to achieve them, and results indicators to track them. This evaluation represents the first stage of the Independent Evaluation Group's assessment of the World Bank's performance in supporting more, better, and more inclusive jobs through IDA financing. It assesses the implementation of IDA-supported interventions that directly supported its jobs objectives across the three Replenishment cycles from fiscal years 2015 to 2022. The evaluation answers two questions: (i) To what extent IDA's strategy on jobs was grounded in sound analytics, adaptive, and operationally relevant (ii) To what extent the strategy has been translated into relevant and effective jobs interventions that directly address the objectives of more, better, and more inclusive jobs The scope of the evaluation is limited to the three main channels for achieving IDA jobs objectives: acting on labor demand, increasing labor supply, and improving labor market flexibility and geographic mobility. The report offers recommendations for further strengthening of the IDA jobs agenda towards the objective of supporting more, better, and more inclusive jobs
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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: Employment ; Inclusive Society ; Income Inequality ; Labor Markets ; Social Protections and Assistance ; Social Protections and Labor ; Structural Drivers ; Wage
    Abstract: This report is intended to inform public debate and policymaking on income inequality in Thailand. It aims to provide a comprehensive analysis of income inequality in Thailand and identify opportunities to promote more inclusive growth. The analysis uses a wealth of data from a variety of sources (detailed in Appendix A) to examine the pattern, structure, and drivers of income inequality in the country, with a special focus on inequality and labor market supply-side factors. It is structured as follows. This section has laid the foundation for analysis, examining historical trends in both consumption - and income-based measures of inequality while providing geographic context and data on public perceptions about inequality. It also provided a summary of literature findings. Section 2 analyzes the pandemic's impacts on inequality, including the role that social assistance played in mitigating its effects but also the potential scarring effects on children's human capital development. Section 3 examines the structural drivers of inequality and its persistence, focusing on the role of inequality of opportunity in human capital development and access to basic services. Finally, Section 4 provides policy options to create a more inclusive society by addressing the root causes of persistent inequality and mitigating the challenges brought about by the pandemic. In particular, since a significant share of the poor in Thailand are engaged in agriculture, the report underscores that improving farm incomes is crucial for alleviating poverty and reducing inequality. As such, Section 4 draws its recommendations from a recent study on the key challenges and opportunities facing Thai farmers to raise agricultural productivity and incomes
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  • 3
    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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  • 4
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Cyclonic Storm ; Environment ; Grade Methodology ; Natural Disasters ; Rakhine State ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: Extremely severe cyclonic storm Mocha made landfall as a Category 4-equivalent cyclone in the Saffir-Simpson hurricane wind scale on Sunday May 14, 2023, at 07:07 UTC (14:07 local time) around Sittwe city, the capital of Rakhine State, Myanmar. Given the fragile and conflict-affected situation with limited access in Myanmar, the World Bank has adopted the Global RApid post-disaster Damage Estimation (GRADE) methodology to estimate damages arising from Cyclone Mocha. GRADE is a remote, desktop analysis to estimate damage to capital stock. This report summarizes the results of the GRADE conducted to assess damages following the impact of Extremely severe cyclonic storm Mocha in Myanmar during May 2023
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  • 5
    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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  • 6
    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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  • 7
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Early Childhood ; Economic Growth ; Human Capital ; Human Capital Protection ; Macroeconomics and Economic Growth ; Social Protections and Assistance ; Social Protections and Labor ; Strengths and Gaps
    Abstract: This human capital review assesses human capital outcomes in Mauritania and identifies actions to strengthen, utilize, and protect human capital. The government of Mauritania has demonstrated a strong commitment to placing human capital at the forefront of its long-term vision, with dedicated efforts focused on enhancing childhood health and education outcomes. Despite Mauritania's positive initiatives, the country's human capital wealth per capita has declined over the last 20 years; and it is imperative to look at ways to quickly reverse this situation. Children born today in Mauritania will only be 38 percent as productive when they grow up as they could have been had they enjoyed complete education and full health. Increasing the productivity of Mauritanians--both men and women--and thus allowing them to fully contribute to the development of their society entails transforming the human capital challenge to a human capital opportunity. This report takes a comprehensive, cross-sectoral approach and proposes recommendations for building, protecting, and utilizing human capital in Mauritania
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  • 8
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Debt Indicators ; Developing Countries ; Fiscal Indicators ; GDP ; Gender and Health ; Gender and Law ; Gender and Social Policy ; International Law ; Macroeconomics and Economic Growth ; No Poverty ; Poverty Indicators ; Poverty Reduction ; SDG 1
    Abstract: This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of the South 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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  • 9
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Economic Growth ; Environment ; Inflation ; Macroeconomic Analysis of Economic Development ; Macroeconomics and Economic Growth ; No Poverty ; Poverty and Climate Change ; Poverty Diagnostics ; Poverty Measurement ; Poverty Reduction ; SDG ; Sustainanble Development Goals
    Abstract: This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of the Middle East and North Africa region. Macroeconomic indicators such as population, gross domestic product and gross domestic product per capita, and where available, other indicators such as primary school enrollment, life expectancy at birth, total greenhouse gas emissions and inflation, among others, are included for each country. In addition to the World Bank's most recent forecasts, key conditions and challenges, recent developments and outlook are briefly described for each country in the region
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  • 10
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Agribusiness ; Agricultural Finance ; Agriculture ; Gender and Economic Policy ; Gender and Social Policy ; Quality of Employment ; Social Conflict and Violence ; Social Protections and Labor
    Abstract: In Burkina Faso, agriculture is the primary source of employment for the population, but it faces challenges due to low productivity and poor water management, exacerbated by the adverse effects of climate change. Increases in grain production have been achieved through the expansion of cultivated areas, thereby putting significant pressure on natural resources. At the policy level, agriculture has been identified as a priority sector for the transformation of Burkina Faso's economic structure as outlined in the Second National Plan for Economic and Social Development (PNDES II). At the institutional and organizational level, the implementation of the program budgeting since 2017, shifting from funds-based budgeting to outcome-based budgeting, aims at enhancing the efficiency of public expenditure by focusing on outcomes. The structure of the program budgeting includes more than twenty distinct budget programs. This large number of budget programs poses challenges in terms of coordination, optimization, and capitalization of public action in favor of the agricultural sector. In this context, the World Bank undertakes this third agriculture public expenditure review to help the Government of Burkina Faso produce evidence on the structure of public expenditures. In addition to the classic analysis of the efficiency of expenditure allocation, the efficiency of budget execution, as well as coordination, monitoring and evaluation, and accountability mechanisms in the sector, the report will examine the incidence and impact of public expenditures by analyzing four specific cases: (i) input subsidies, (ii) hydro-agricultural facilities and irrigation; (iii) agricultural finance, and (iv) expenditures allocated to forestry and natural resources
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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: Climate Change Impacts ; Employment Growth ; Fiscal Consolidation ; Inflation ; Macroeconomics and Economic Growth ; Poverty Reduction ; Western Balkans
    Abstract: Economic growth in the Western Balkans slowed to 2.6 percent in 2023, from the 3.4 percent reached in 2022, reflecting the impact of a weak European economy weighed down by sequential shocks. Overall, the WB6 region has experienced a rise in total hours worked driven by employment growth and labor force expansion, especially driven by women joining the labor force. Poverty in the Western Balkans returned to its declining trend during 2023, but at a slower pace than pre-pandemic. A robust fiscal performance and solid rate of gross domestic product (GDP) growth led to a fall in debt as a share of GDP. After increasing to levels not seen in several decades, inflation rates in the WB6 fell significantly during 2023. Growth projections for the medium term have increased slightly, reflecting cautious optimism that, having weathered a flurry of shocks over recent years, the Western Balkans is beginning to see a return to trend economic performance. However, while the WB6 region is expected to return on its pre-pandemic trend in 2024, this is insufficient to enable meaningful convergence with European Union (EU) income levels over the medium term. The spotlight in this edition of the Western Balkans Regular Economic Report focuses on the role of cities as engines of growth and leading actor in the green transition. This spotlight recommends action on three main fronts to make cities in the Western Balkans greener. First, it is crucial to reduce urban sprawl and make cities more compact. Second, cities must bring down their emissions, also because this will have immediate improvement on socio-economic and environmental outcomes. And third, cities must take actions to reduce extreme urban heat and enhance preparedness for it
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  • 12
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Adaptation to Climate Change ; Economic Development ; Gross Domestic Product ; Macroeconomics ; Macroeconomics and Economic Growth ; No Poverty ; Poverty Diagnostics ; Poverty Measurement ; Poverty Reduction ; Poverty, Environment and Development ; Public Sector Development ; SDG ; Suatainable Development Goals
    Abstract: This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of the Middle East and North Africa region. Macroeconomic indicators such as population, gross domestic product and gross domestic product per capita, and where available, other indicators such as primary school enrollment, life expectancy at birth, total greenhouse gas emissions and inflation, among others, are included for each country. In addition to the World Bank's most recent forecasts, key conditions and challenges, recent developments and outlook are briefly described for each country in the region
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  • 13
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Capital Markets and Capital Flows ; Climate Change ; Environment ; Environment and Natural Resource Management ; Rural Development ; Urban Development
    Abstract: This study's aim was to assess the growing flood risk Sao Tome and Principe (STP) faces due to climate change. It achieved this by carrying out a nationwide risk assessment for riverine and coastal flooding. The study used recently completed high-resolution national flood hazard data for the present climate (2020) and two projected climates (in 2050 and 2080), based on the climate scenario Shared Socioeconomic Pathways (SSP)3-7.0, a medium to high reference scenario resulting from no additional climate policy under the SSP3 socioeconomic development narrative. This flood risk assessment examines the potential impacts and risks to people, buildings, healthcare facilities, the education sector, and tourism under both present and future climate conditions. It shows that flood risk is driven frequent flood events. There is a significant increase of flood risk under future climate conditions
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  • 14
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Health Study
    Keywords: CHVA ; Climate Change ; Climate Change Adaptation ; Environment ; Finance and Development ; Health Risks ; Health, Nutrition and Population ; Vulnerability
    Abstract: Due to global warming, the climate in most regions, especially Africa, is predicted to become more variable, and extreme weather events are expected to be more frequent and severe. These include increasing risks of droughts, flooding, and inundation due to sea-level rise in the continent's coastal areas, potentially reducing economic prospects and national development. It will be imperative for countries to mitigate and adapt to these changing climatic conditions. To succeed, the potential impacts of climate change and variability must be identified along with the country's capacity to adapt and the means to overcome barriers to successful adaptation. This climate and health vulnerability assessment (CHVA) aims to assist decision-makers in Ghana with planning effective adaptation measures to deal with climate-related health risks. The report identifies the impact of climate risks on health and health systems, the adaptive capacities in place to deal with these risks, and the gaps in the adaptive capacities. It also provides recommendations to close the identified gaps. The report adopts the World Health Organization's (WHO) operational framework for building climate-resilient health systems to analyze Ghana's adaptive capacity to adequately deal with current and future identified health risks of climate change
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  • 15
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Social Analysis
    Keywords: Communicable Diseases ; Education ; Health Policy and Management ; Health Service Management and Delivery ; Job Skills ; Labor Market Policy and Programs ; Reproductive Health ; Social Protections and Labor ; Social Safety Nets
    Abstract: The report is structured as follows. Chapter 1 discusses the labor market constraints facing different segments of the working-age population, which can inform how to make work attractive. Chapter 2 explores the factors that are discouraging older people from re-entering the labor market and the need to optimize pension design to promote healthier and longer working lives. Chapter 3 explores ways to enhance human capital formation through the lifecycle, starting with early childcare and education, followed by upper secondary school, secondary VET, tertiary education, TVET and adult training. Chapter 4 identifies the enabling conditions needed to ensure that net migration can have a positive impact on the growth of economic participation and productivity. Chapter 5 focuses on ways to leverage public-private partnerships to providetraining and activation services and on how ALMPs could best be used to increase labor market participation. Finally, Chapter 6 explores the role that social protection can play in stimulating participation in the labor market
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  • 16
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Policy Notes
    Keywords: Adaptation to Climate Change ; Climate Change ; Economic Growth and Planning ; Environment ; Environment and Natural Resource Management ; Finance and Development ; Finance and Financial Sector Development ; Poverty Reduction
    Abstract: Pakistan is at a critical decision point. While there have been recent important examples of reform progress, economic policies over past years and decades have had overall negative impacts on sustainability, productivity, and investment. As Pakistan has fallen behind its peers, progress with poverty reduction has ceased. Human development outcomes remain dire, while the benefits of growth have accrued disproportionately to a narrow elite. Amid continued rapid population growth and a youth bulge, a growing number of young Pakistanis are frustrated by the lack of opportunities, with prospects for young women especially bleak. Pakistan is among the countries most impacted by climate change, and recent events, including the 2022 floods, have highlighted the urgent need for investment in climate resilience. The economy is now, again, sustained by a short-term International Monetary Fund (IMF) program, inflation is at record highs, the rupee has depreciated sharply, while foreign exchange reserves remain at uncomfortably low levels. Recent policy measures (including the restoration of exchange rate flexibility, subsidy reforms, and movements towards fiscal constraint) have supported economic stabilization, but the underpinning drivers of Pakistan's economic fragility remain to be addressed. This note presents critical policy shifts required to move beyond the current low equilibrium towards sustainable and inclusive economic development and poverty reduction. This note summarizes the accompanying series of policy notes. It: (i) outlines Pakistan's current development challenge; (ii) identifies the critical constraints to faster development progress; (iii) describes the major policy shifts that will be required to address current constraints; and (iv) presents broad principles to guide implementation of required reforms
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  • 17
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Asean Region ; Informal Waste Workers ; IWW ; Livelihood Models ; Marine Plastic Waste ; Social Protections and Assistance ; Social Protections and Labor ; Vulnerabilities ; Work and Working Conditions
    Abstract: The present study focuses on a particular group of actors along the plastics collection and recycling value chain--informal waste workers (IWWs)--on whom limited information has been collected at the country level. Specifically, the study examines two questions: (i) what is the profile and vulnerabilities of informal waste workers in the three countries including gender-specific vulnerabilities; and (ii) what livelihood opportunities and community-based innovation models have been piloted in the selected countries, and can be used as case study examples in future policies and interventions, with the objectives of reducing vulnerability of IWWs and contributing to improving solid waste management and recycling value chains
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  • 18
    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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  • 19
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Equitable Growth, Finance and Institutions Insight
    Keywords: Access To Finance ; ESG Integration ; Finance and Financial Sector Development ; Government Pension Fund ; Investments ; Pension Funds ; Pensions and Retirement Systems ; Social Funds and Pensions ; Social Protections and Labor
    Abstract: This report describes the ESG integration practices at GPF as a practical example of how a pension fund can integrate ESG considerations into its investment practices and processes. The report focuses on the incorporation of ESG issues into our investment analysis and decision-making process. Other elements of responsible investing such as active ownership and ESG disclosure practices whilst also key to GPF's overall approach, are not discussed in detail in this report. The report is a product of technical co-operation between teams from GPF and the World Bank. The report starts by providing some background information on GPF, including its investment philosophy and an overview of ESG investment philosophy before detailing the GPF ESG Score methodology. It then describes how the GPF ESG Score methodology is applied to equity and fixed-income investments, followed by an overview of how GPF ensures that ESG considerations are integrated into the selection, appointment and monitoring of external managers. It concludes with some reflections on the landscape of responsible investment and identifies areas where GPF expects to improve its investment process in the coming years
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  • 20
    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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  • 21
    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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  • 22
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Financial Sector Study
    Keywords: Consumer Protection ; Consumer Protection Law ; Corruption and Anticorruption Law ; Finance and Development ; Finance and Financial Sector Development ; Financial Capability ; Financial Consumer Protection ; Law and Development ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The 2022 Global State of Financial Inclusion and Consumer Protection (FICP) Report is an update to the 2013 and 2017 FICP reports. These surveys aim to provide a timely source of global data to benchmark efforts by financial sector authorities to improve the enabling environment for financial inclusion and consumer protection. To date, this is the only longitudinal and global survey of this nature. As such, this report serves as a valuable resource to shape the World Bank's country engagements, a reference document for regulators and supervisors and, finally, a tool for both public and private sector actors with an interest in knowing the developments in this sector. The Survey questionnaire covers key topics related to financial inclusion and financial consumer protection (FCP) and aligns with international guidance to financial sector authorities in these areas. Because the report aims to capture both a snapshot as well as trends over time, the survey questionnaire has been modified over the three cycles to reflect the changing policy and regulatory landscape of financial inclusion and consumer protection
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  • 23
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Data Development and Gender ; Economic Growth ; Employment and Unemployment ; Human Development and Gender ; Labor Market Policy and Programs ; Macroeconomics and Economic Growth ; Poverty Reduction ; Social Development and Poverty ; Social Protection Delivery Systems ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The following analytical report summarizes the technical notes and presentations prepared by the World Bank and the Workforce Development Center under the Ministry of Labor and Social Protection of Population of Kazakhstan (MLSPP). These works aimed to support the MLSPP in the preparation of the Concept Plan of Labor Market Development for 2024-2029. The teams analyzed existing barriers and the potential for the creation of quality jobs in Kazakhstan because employment is essential for economic growth, which contributes to reducing poverty. Despite slower economic growth and some institutional challenges, Kazakhstan, nevertheless, has been successful at reducing the poverty rate. The major factor contributing to Kazakhstan's growth has been productivity, regardless of the period. A much lower contribution stems from labor market factors and employment rates. Therefore, the teams focused on how to boost firm productivity to increase the number and accessibility of better jobs, as well as how to develop skills and provide good education to the different groups of the population and prepare people for new and old jobs. Based on the material delivered by the World Bank, the WDC and other local expert groups, the MLSPP was able to draft the Concept Plan of Labor Market Development for 2024-2029, which the Government of Kazakhstan approved on November 28, 2023
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  • 24
    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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  • 25
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Climate and Development Reports (CCDRs)
    Keywords: Adaptation To Climate Change ; Climate Change Adaptation ; Economic Growth ; Environment ; Finance ; Inlcusive Growth ; Macroeconomics and Economic Growth ; Poverty Reduction ; Resilience
    Abstract: This Country Climate and Development Report (CCDR) examines Liberia's development trajectory through the lens of the country's vulnerability to climate change. It identifies Liberia's development risks and opportunities, models various scenarios of climate impact and intervention, and proposes ways to strengthen resilience and finance climate actions that support Liberia's development aspirations of inclusive growth and poverty reduction
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  • 26
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Access To Finance ; CPGA ; Environment ; Finance and Financial Sector Development ; Financial Preparedness ; Natural Disasters ; Primary Response ; Risk ; Social and Livelihood Support ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: Crisis preparedness is cral to preventing shocks from becoming crises. Investments in ex ante preparedness are especially relevant in countries like Nepal that face high levels of exposure and vulnerability to a range of risks. In seeking to identify opportunities to strengthen the Government of Nepal's (GoN's) capacity to prepare for crisis events in an effective and timely manner, this Technical Annex presents findings from the application of the Crisis Preparedness Gap Analysis (CPGA) diagnostic in the country. It provides details on findings and entry points across the five componnts of crisis preparedness. For a summary, please refer to the accompanying CPGA Nepal Briefing Note. Following a brief description of the CPGA methodology, the Technical Annex presents a summary of findings from each CPGA component alongside identification of entry points and opportunities to strengthen crisis preparedness in the country. To provide a holistic assessment of preparedness, the CPGA focuses on five core components of crisis preparedness. These are (i) Legal and Institutional Foundations, (ii) Understanding and Monitoring Risks, (iii) FinancialPreparedness, (iv) Primary Response, and (v) Social and Livelihood Support
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  • 27
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Economic Growth ; Fiscal Measures ; Innovative Entrepreneurship ; Labor Market ; Macroeconomics and Economic Growth ; Real and Intellectual Property Law ; SDG 8 ; Social Protections and Labor ; Tax Law
    Abstract: Viet Nam's economy slowed sharply in 2023, with three key drivers of growth -- exports, consumption, and private domestic investment -- is losing momentum. On the production side, the slowdown was led by industrial production. In the first quarter of 2024, the economy registered 5.66 percent (y/y) growth, mostly driven by the low base effect in exports, with consumption and investment recovering more gradually. Employment growth slowed and real average monthly incomes stagnated. Viet Nam's external position improved in 2023, underpinned by a large current account surplus. Viet Nam needs to increase domestic private sector productivity to realize its ambitious target of becoming a high-income country by 2045, and innovative entrepreneurship is essential to drive this growth. Improving the conditions for entry and growth of innovative startups, through development of a conducive entrepreneurial ecosystem, can help build a pipeline of highly productive firms in new and established sectors
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  • 28
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Environmental Study
    Keywords: Carbon Market ; Climate Change ; Digital Divide ; Environment ; Environment and Natural Resource Management ; ICT Applications ; Information Technology ; Private Sector Development ; Public Expenditure Management ; Public Sector Development
    Abstract: Enterprises in Kenya encompass a diverse and dynamic landscape, representing a crucial driver of economic growth and employment opportunities in the country. Small and medium-sized enterprises (SMEs) play a pivotal role, contributing significantly to the nation's gross domestic product (GDP) and accounting for 90 percent of the labor force. Enterprises must scale their climate action to meet Kenya's climate mitigation and adaptation goals. However, the lack of funding has limited their contribution to the climate agenda. Debt constitutes most of enterprises' funding, but the price of debt remains very high and loan tenors are short. The availability of patient capital, including private equity, is also low. Carbon markets can be an important vehicle to support an enterprise's climate action. Crucially, carbon markets function as a source of non-debt, results-based financing that does not require prior assets or collateral, potentially enabling enterprises in Kenya that struggle to access other sources of climate finance to grow. Despite this potential and the government of Kenya's commitment to scale carbon markets, Kenya's participation in international carbon markets remains concentrated, with most credits issued by a handful of developers. Many enterprises also have limited understanding on how they should develop and monetize carbon credits. The purpose of this guidebook is therefore to provide practical step-by-step guidance to help enterprises navigate the complex and fast-evolving landscape of carbon markets
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  • 29
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Adaptation to Climate Change ; Climate Change ; Climate Change Impacts ; Economic Policy ; Environment ; Environment and Natural Resource Management ; Finance and Financial Sector Development ; Green Growth
    Abstract: There is growing awareness globally about the potential impacts of climate change on financial stability. Climate-related financial risks can be broadly grouped into two categories: (i) climate physical risks, which are financial risks stemming from the gradual and abrupt impacts of climate change (primarily droughts and floods in the case of Morocco, as highlighted by the ongoing severe drought event and recent floods), and (ii) climate transition risks, which are financial risks that can result from the transition to a low-carbon economy, for example, due to changes in climate policy, technology, or market sentiment. The purpose of this report is to better understand the impact of these climate risks on Morocco's banking sector. This includes understanding the banking sector's exposure to sectors and regions that are vulnerable to climate physical and transition risks, as well as a quantification of climate impacts on banks' balance sheets under different scenarios. This report also takes stock of the Moroccan banking sector's current risk management practices and the supervisory response to climate-related financial risks
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  • 30
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Climate Change ; Economic Development ; Economic Growth ; Environment ; Health, Nutrition and Population ; Macroeconomics ; Macroeconomics and Economic Growth ; No Poverty ; Poverty ; Poverty Diagnostics ; Poverty Reduction ; SDG 1
    Abstract: This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of Sub-Saharan Africa. Macroeconomic indicators such as population, gross domestic product and gross domestic product per capita, and where available, other indicators such as primary school enrollment, life expectancy at birth, total greenhouse gas emissions and inflation, among others, are included for each country. In addition to the World Bank's most recent forecasts, key conditions and challenges, recent developments and outlook are briefly described for each country in the region
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  • 31
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Debt Indicators ; Developing Countries ; Economic Growth ; Fiscal Indicators ; GDP ; Inflation ; Living Standards ; Macroeconomics and Economic Growth ; No Poverty ; Poverty Indicators ; Poverty Reduction ; Public Sector Development ; SDG 1
    Abstract: This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of 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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  • 32
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Debt Indicators ; Developing Countries ; Economic Growth ; Fiscal and Monetary Policy ; Fiscal Indicators ; GDP ; Inflation ; Macroeconomics and Economic Growth ; No Poverty ; Poverty Indicators ; Poverty Reduction ; SDG 1
    Abstract: This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of the Sub-Saharan 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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  • 33
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Agribusiness ; Agricultural Knowledge and Information Systems ; Climate Change and Agriculture ; Macroeconomic Analysis of Economic Development ; Macroeconomics and Economic Growth ; Poverty ; Poverty Measurement ; 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 Latin America and the Caribbean 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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  • 34
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Economic Memorandum
    Keywords: Agricultural Growth and Rural Development ; Agriculture ; Economic Growth ; GDP ; High Poverty Rate ; Macroeconomics and Economic Growth ; Poverty Monitoring and Analysis ; Poverty Reduction ; Private Sector ; Rural Development ; Rural Economy ; Slow Growth
    Abstract: This Country Economic Memorandum (CEM) argues for a significant shift in policy to enable a virtuous cycle of sustained and inclusive economic growth, outlined infive building blocks. Chapter 1 identifies policy priorities to restore the macroeconomic fundamentals for growth through fiscal reform, debt sustainability, external rebalancing, and monetary stability. The following three chapters address three core structural constraints to growth and propose key reforms to accelerate agricultural commercialization and improve rural labor markets (Chapter 2), enable the private sector to drive productivity growth (Chapter 3), and catalyze exports and foreign investment (Chapter 4). Acknowledging that implementing key growth-enhancing policies--be they macroeconomic or structural--are the result of complex political economy and governance arrangements, Chapter 5 focuses on how past Malawian successes can inform future sectoral policies, reforms, and strategies to achieve the goals outlined in the Malawi 2063
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  • 35
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Gender Assessment
    Keywords: Economic Opportunity for Women ; Endowment ; Gender ; Gender and Economic Policy ; Gender and Poverty ; Gender Gap ; Gender Monitoring and Evaluation ; Human Rights ; Poverty Reduction ; Women's Agency
    Abstract: Achieving inclusive growth and maximizing poverty reduction in the Dominican Republic requires closing existing gender gaps: from early childhood to working age, and further still into old age. Using a lifecycle approach, this gender Assessment attempts to uncover, better understand, and deliver some policy recommendations for the main challenges in this area, with a focus on the three main dimensions of endowments, economic opportunity, and agency
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  • 36
    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 ; Finance and Development ; Finance and Financial Sector Development ; Post-Pandemic ; Public Debt ; Social Protections and Assistance ; Social Protections and Labor ; Tourism ; Travel-Dependent
    Abstract: This publication is the inaugural edition of the future publication series on Pacific Economic Update (PEU). It consists of two parts. Part A analyzes the recent economic developments in Pacific Islands. Based on these developments, the PI EU summarizes the outlook for the region's economies and risks to this outlook. Second, the PEU provides an in-depth examination of a public debt issues in the Pacific and proposes policy recommendations to address public debt related challenges. The PEU is intended for a broad set of audience, including regional forums, policy makers, business leaders, international donors and the community of analysts and professionals engaged in the economies of Pacific Island countries. In dealing with the challenges of rising inflation, tepid recovery from the pandemic and global slowdown, the PICs should strike a balance between supporting livelihoods and reducing future public debt risks. The need for fiscal support during the current environment of high inflation and tepid economic recovery is understandable as it provides the much needed relief for vulnerable households and businesses to navigate the crisis. Nonetheless, these support measures create significant fiscal burdens, and are unsustainable, particularly if the high energy and food prices persist longer than envisaged. Most PICs already face low capacity to finance unexpected shocks which would be further tested by a natural disaster event. Therefore, PICs should tread a delicate balance between fiscal support measures and achieving fiscal sustainability. Any forthcoming fiscal support should be well-targeted, time-bound, and deficit-neutral. Over the medium-term, fiscal efficiency gains and ongoing donor support is critical to finance key development challenges and climate adaptation. Revenue-based fiscal consolidation measures could include improving the efficiency of tax collections and eliminating tax exemptions. On the expenditure side, PICs have limited room to sharply cut spending given the expected modest growth and ongoing development needs. Therefore, it becomes imperative to improve the efficiency of public spending, to maximize social dividends for every dollar spent. Resulting savings from fiscal consolidation measures could help build sovereign wealth funds to provide added fiscal buffers during shocks and economic downturns. Due to high vulnerability to disasters and climate change, PICs will need to seek ongoing concessional financing for critical climate adaptation and development needs
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  • 37
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Attracting Business Investment ; Business Environment ; Employment Policy ; Job Generation and Creation ; Jobs Policy ; Labor and Employment Law ; Labor Market Regulations ; Law and Development ; Private Sector Development ; Remittances ; Rural Development ; Rural Labor Markets ; Skills Development and Labor Force Training ; Social Protections and Labor
    Abstract: Shaping a Better Future for the Filipino Workforce aims to inform jobs policy by examining key determinants and outcomes of jobs. Jobs are created when the macroeconomic environment is conducive and policies are predictable to businesses with sustained growth, trades, and investments. At the same time, a large body of literature also shows that economic growth alone is not sufficient for generating jobs. Jobs are created when firms pursue expansion through innovation and competitiveness and demand for more labor input, while workers' skills and human capital are able to meet the needs of firms. Intrahousehold resource allocation and decisions for labor supply also affect the jobs outcomes. It is not uncommon that workers as self-employed create jobs by initiating their own business. The market clearing process of labor is then affected by labor market institutions, most notably labor market regulations and labor policies and programs. These are key determinants of how easy it is to start a business or to hire a worker, how high labor costs are, and how efficiently firms and workers are matched. Part I looks into the country's labor market in chronological order, while Part II discusses three major areas of Philippine jobs - labor regulation, international migration, and emerging demands for green and digital jobs
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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
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Poverty Study
    Keywords: Aspiring Upper Middle-Income Goals ; Meeting Poverty Reduction Goals ; Poverty and Policy ; Poverty Assessment ; Poverty Diagnostics ; Poverty Reduction ; Poverty Reduction Strategy ; Poverty Reduction Targets ; PPP Poverty Line ; Pro-Poor Growth
    Abstract: Indonesia can build on its impressive track-record of poverty reduction to tackle more ambitious poverty reduction targets. Indonesia has made impressive gains in reducing poverty, with previously lagging regions catching up, and the Government's goal to eliminate extreme poverty by 2024 practically met. As an aspiring upper middle-income country, however, Indonesia may want to widen its focus beyond extreme poverty by moving from the USD 1.90 2011 PPP poverty line to higher lines for middle-income countries. The focus should also include economically insecure households susceptible to falling back into poverty. Is Indonesia's current effort ready for this challenge Human capital outcomes are disappointing and worrying geographic disparities remain. Low productivity still prevents households from becoming economically secure. Shocks, including from climate change, continue to threaten reversal in poverty gains. In this report the authors identify several major pathways to tackle these challenges in a comprehensive and sustainable manner
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  • 40
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Administrative and Civil Service Reform ; Equity ; Opportunity ; Resilience ; Social Protection System ; Social Protections and Assistance ; Social Protections and Labor ; Sustainability
    Abstract: This policy note assesses how Brazil's social protection and labor systems can be reformed most effectively to meet the challenges that the country will face in the next two decades while also fostering social inclusion and shared prosperity. This discussion is timely as Brazil is slowly recovering from the global COVID-19 crisis, which brought new challenges as well as accelerating existing socioeconomic transformations. Despite the fact that labor markets are slow to recover after economic crises in Brazil, implementing the right set of policies could enable the country to take advantage of changes in the world of work, new opportunities for human capital formation, and recent developments in technology and delivery systems to build back better than in the past. Serving as a companion piece on social protection and labor policies for the Flagship Report "Alternative Futures for Brazil: Inclusion, Productivity, Sustainability" (World Bank, Forthcoming), this note draws from a large body of recent analytical work by the World Bank team in Brazil. The vision of the flagship report is for Brazil to reach 2040, two decades from now, with a more productive and resilient and less unequal society
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  • 41
    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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  • 42
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: r02
    Keywords: Adaptation To Climate Change ; Climate Action Engagement ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Finance ; Climate Resilient Investment ; Country Climate Analytical Work ; Environment ; Macroeconomics and Economic Growth ; Poverty Impact Evaluation ; Poverty Reduction ; Private Sector Climate Action ; Renewable Energy ; World Bank Group Effectiveness
    Abstract: The private sector has a critical role to play in addressing climate change by investing in low-carbon technologies, developing new technologies, and building climate resilience into its investments and operations. Private sector financing will also be critical for meeting the needs for global finance flows, but climate finance from the private sector has been very low. One reason for this is that most countries lack a conducive enabling environment for the private sector to engage in climate action. This evaluation assesses the World Bank Group's efforts to improve the enabling environment for private sector climate action (EEPSCA). The evaluation defines the private sector enabling environment for climate action as the set of policies (laws and regulations), incentives, standards, information, and institutions that encourage or facilitate the private sector to invest or behave in ways that reduce greenhouse gas emissions or adapt to the current or anticipated impacts of climate change. The private sector includes large, medium, and small firms; domestic and international financiers; and smallholder farmers or other producers. The evaluation assesses the relevance and effectiveness of Bank Group support to EEPSCA and aims to identify lessons applicable to the World Bank and the International Finance Corporation to inform implementation of the Bank Group Climate Change Action Plan 2021 and subsequent Bank Group climate activities. The evaluation also aims to inform discussions on the evolution road map, which considers further increasing the prominence of the role the Bank Group plays on global public goods, such as climate change
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  • 43
    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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  • 44
    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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  • 45
    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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  • 46
    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 Adaptation ; Climate Change Mitigation and Green House Gases ; Decarbonization ; Economic Growth ; Environment ; Inclusive Economic Growth ; Macroeconomics and Economic Growth ; Net Zero Emissions ; Poverty Reduction ; Poverty, Environment and Development ; Resilience
    Abstract: This report explores how climate action, in line with Uzbekistan's goal of achieving net zero emissions by 2060, 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
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  • 47
    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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  • 48
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2209
    Keywords: Access To Finance ; Equity and Development ; Female Economic Participation ; Finance and Financial Sector Development ; Gender ; Gender and Economic Policy ; Gender and Governance ; Gender Disparity ; Gender Inequality ; Human Rights ; Institutional Barriers To Economic Empowerment ; Poverty Reduction ; Women and Girls Opportunity
    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 provides in-depth insights into the status of women and girls' economic opportunities in Madagascar and proposes several strategic lines of action to enhance women's economic empowerment. 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: education, health, and agency
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  • 49
    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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  • 50
    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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  • 51
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Delivery Systems ; Economic Forecasting ; Economic Growth ; GDP ; Macroeconomics and Economic Growth ; Reform ; Social Protection ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The global economy continues to face steep challenges, but Timor-Leste's economy is slowly recovering. Nevertheless, gross domestic product (GDP) per capita has not returned to pre-pandemic levels. Consumer price inflation reached 7.9 percent yoy in August 2022, one of the highest in the East Asia Pacific region. The real effective exchange rate (REER) has appreciated by about 10 percent since the first quarter of 2021. Enhancing productive capabilities through structural reforms and improving quality of public spending hold the key for accelerating and sustaining economic development. Extending the life of petroleum fund through fiscal consolidation is essential to delay the fiscal cliff and ensure the perpetuation of government spending to support economic growth. Despite receding impact of the pandemic, the level of government spending has not returned to the pre-COVID 19 levels
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  • 52
    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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  • 53
    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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  • 54
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Country Economic Memorandum
    Keywords: Conflict ; COVID-19 ; Economic Forecasting ; Food Insecurity ; Inflation ; Macroeconomics and Economic Growth ; Poverty Diagnostics ; Poverty Reduction
    Abstract: Yemen's economy has been transformed by eight years of violent conflict. War has shattered the country's already fragile economic equilibrium, touching upon virtually every aspect of life. The compounded shocks of the COVID-19 pandemic and rising global prices have only deepened the economic and humanitarian disaster precipitated by the war. Since the start of the conflict, economic analyses have tended to focus on the deterioration of macroeconomic indicators, the sharp rise in poverty and food insecurity, and the destruction of infrastructure and the capital stock, but relatively little attention has been paid to the current structure of the economy or what prospects can be envisaged for the country. Also, it is important to situate this analysis within the political economy dynamics of the country which majorly affect the economic development challenges of the country. Data constraints and the unique characteristics of Yemen's recent experience limit the effectiveness of traditional growth-analysis methodologies. This Country Economic Memorandum (CEM) uses novel data-collection methods and analytical techniques, triangulating its findings with traditional approaches and direct data collection to close the economic knowledge gap. Information sources include extensive key-informant interviews, household phone surveys, and remotely sensed geospatial data based on satellite imagery, including nighttime illumination data. This CEM also combines an in-depth political economy analysis with economic development investigation
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  • 55
    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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  • 56
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Benefits ; Human Capital ; Integration ; International Economics and Trade ; International Migration ; Job Markets ; Labor Markets ; Migration ; Poverty Reduction ; Social Protections and Labor ; Welfare
    Abstract: The global economic recovery remains fragile, creating choppy seas for the recovering Pacific. While global conditions have gradually improved since the pandemic and spillovers from Russia's invasion of Ukraine, progress on reducing inflation in major economies has proven more challenging than expected. Given that all Pacific countries are net importers, this has resulted in persistently high imported inflation. The speed of monetary policy tightening by major central banks has slowed, but easing is unlikely in the near term. Aggregate demand in major trading partners of the Pacific (particularly Australia and New Zealand) remains lackluster. This could limit demand for travel and tourism services and other income sources such as remittance and commodity exports. Despite uncertainties in the global economic recovery, Pacific economies are expected to see ongoing expansion in 2023 and 2024. Fiji led the Pacific's post-COVID-19 recovery with open borders and a strong rebound in 2022 and is now on track to reach its pre-pandemic output level in 2023. Ongoing recovery expectations in the Pacific are broadly in line with March 2023 World Bank projections except for Tuvalu and Palau, where growth has been revised down given weaker than expected outcomes in construction and tourism. In 2023, Pacific growth is expected to reach 3.9 percent and then moderate to 3.3 percent in 2024 as the initial post-COVID-19 rebound dissipates and the region moves towards its long-term trend growth of 2.6 percent. Nonetheless, uncertainty remains high and depends on whether a soft landing can be achieved among key trading partners as they battle ongoing inflation. Inflation remained stubborn across the Pacific at an average of over 6.7 percent in 2022, a substantial increase from the 1.5 percent average during 2019-2021. This has increased the risk of vulnerable populations falling into poverty. In line with global trends, Pacific inflation is expected to decline to an average of 6.0 percent in 2023 and gradually subside thereafter
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  • 57
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other ESW Reports
    Keywords: Foreign Labor Markets ; International Access ; Labor Markets ; Labor Migration ; Legal Framework ; NCA Countries ; Poverty Reduction ; Social Protections and Labor
    Abstract: This note aims to close the knowledge gap about the effectiveness and capacity of labor migration sending systems in NCA countries. The report assesses whether NCA countries have the fundamental elements of an effective labor migration sending system, identifies the missing elements, and offers recommendations for strengthening the systems over time. Filling such a knowledge gap is critical to inform policies that maximize the benefits and minimize the costs of economic migration. Programs and policies that help expand legal pathways for regular migration will not only promote mutually beneficial migration, but could be a step, albeit small, towards dissuading individuals from pursuing risky migration patterns. Indeed, evidence from Mexico indicates that investing in legal labor pathways can reduce irregular migration (Clemens and Gough, 2018). In this context, this note summarizes the main findings from three institutional diagnostics of the labor migration sending systems in NCA countries, with a view to deepening the understanding of the supply side of labor flows. To this end, and building on previous World Bank experience globally, a diagnostic tool was developed to identify what steps the NCA governments have taken to recognize and respond to foreign demand for workers. The tool examines if appropriate structures, systems, processes, and resources exist to prepare and deliver adequate labor supply arrangements in the context of bilateral agreements (BLAs) or Temporary Work Agreements (TWAs) with other countries. The diagnostic tool is organized around four main pillars to regulate, facilitate, fortify, and further access of labor migrants to international labor markets
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  • 58
    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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  • 59
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Women in Development and Gender Study
    Keywords: Empowerment ; Equity and Development ; Gender ; Gender and Development ; Gender Equality ; Poverty Reduction ; WGE ; Women and Girls ; World Bank Projects
    Abstract: Gender equality has long been central to the World Bank's twin goals of ending extreme poverty and boosting shared prosperity in a sustainable manner. More recently, women's and girls' empowerment (WGE) has become a priority in the Africa region in the context of the region's demographic transition. There has been a proliferation of World Bank projects with development objectives that include "empowerment", yet there remains a lack of consensus around its definition and operationalization. This note lays out a pragmatic Operational Approach to enhancing women's and girls' empowerment in World Bank projects. It is not intended to provide a new definition of empowerment or to present a new framework. Instead, the objective of the note is to translate widely accepted empowerment concepts into an operational approach to WGE that Bank Task Team Leaders (TTLs) can use in their project and ASA work. The approach includes: (i) a systematic way to analyze constraints to achieving WGE in the context of lending or analytical products; (ii) a list of potential intervention areas within the three empowerment pillars that can be integrated into World Bank projects; and (iii) guidance on how to incorporate the operational approach to WGE into project design
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  • 60
    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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  • 61
    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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  • 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: IEG Independent Evaluations and Annual Reviews
    Keywords: Adaptive Social Protection ; Crisis Response ; Resilience To Shocks ; Social Protections and Assistance ; Social Protections and Labor ; Universal Social Protection
    Abstract: Interconnected and often devastating covariate shocks are a threat to human development. Covariate shocks are shocks that affect large numbers of people or communities at once and can be natural, economic, or political. Occurrence and the human devastation from natural disasters has increased over the last 50 years, and the negative impacts of climate change are expected to exacerbate this trend. Poor households are particularly vulnerable to covariate shocks because they lack adequate capacity to prepare for, cope with, and adapt to shocks. Covariate shocks can also impoverish vulnerable households when their capacity to prepare, cope, and adapt is overwhelmed. Covariate shocks vary in magnitude, speed of onset, predictability, and duration, and thus these aspects should be considered when designing the most appropriate social protection response. Moreover, the needs and challenges that vulnerable and directly affected populations face will have implications for social protection systems. Adaptive social protection (ASP) builds resilience by helping poor and vulnerable households prepare for, cope with, and adapt to covariate shocks. The purpose of this evaluation is twofold: (i) assess whether the World Bank support for social protection has incorporated adaptive elements over time, and (ii) assess how effective the World Bank has been at helping client countries make their social protection systems more adaptive
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  • 64
    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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  • 65
    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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  • 66
    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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  • 67
    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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  • 68
    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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  • 69
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2193
    Keywords: Banking Sector ; Economic Growth ; Fiscal and Monetary Policy ; Fiscal Space ; Growth ; Income Inequality ; Inequality ; Macroeconomics and Economic Growth ; Poverty Reduction ; Reforms
    Abstract: Global economic activity registered resilient growth in early 2023 but is losing momentum. Advanced economies growth slowed less-than-anticipated inearly 2023 as tight labor markets drove wages up, preventing a sharp decline in consumption. However, global growth slowed slightly in Q2 2023, with services growth cooling gradually and manufacturing remaining soft. Global inflation has moderated in recent months, largely reflecting favorable base effects from commodity prices falling below their 2022 peaks, along with abating supply chain pressures. Global trade in services strengthened in 1H 2023 thanks to the easing of mobility restrictions but trade in goods slowed due to weakening global industrial production
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  • 70
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2163
    Keywords: Adaptation ; Adaptation to Climate Change ; Climate Change Mitigation and Green House Gases ; Climate Governance ; Climate Resilience ; Economic Diversification ; Environment ; Finance and Financial Sector Development ; Financial Sector and Social Assistance ; Health Costs ; Natural Capital ; Poverty Reduction ; Private Sector ; Private Sector Development ; Private Sector Economics ; Republic Of Congo ; Sustainable Growth
    Abstract: The Republic of Congo (RoC) CCDR is a new World Bank core diagnostic report that integrate climate change and development considerations. It is intended to help the country prioritize the most impactful actions that can boost adaptation and reduce greenhouse gas (GHG) emissions, while delivering on broader development goals. The CCDR builds on data and rigorous research and identify main pathways to reduce climate vulnerabilities and GHG emissions, including the costs and challenges as well as benefits and opportunities from doing so. The report highlights that RoC could reduce poverty in rural areas by 40% and in urban areas by 20% by 2050 by implementing more ambitious reforms to promote economic diversification and climate resilience. It also concludes that business as usual is not an option. Economic losses could reach up to 17% of GDP by 2050 if reforms to diversify the economy and attract more climate investments are not taken. Climate impacts could also increase total health costs from USD 92 million in 2010 to USD 260 million by 2050. The report identifies four priorities to promote sustainable growth in the country: (i) stronger and greener infrastructure and services in electricity, transport, water, and sanitation can deliver transformative results; (ii) More climate-ready education, health systems and social services can save lives and bring critical resources to the poorest; (iii) More investments in natural capital including climate smart agriculture and greater forest management along will help create jobs while reducing carbon emissions; (iv) better climate governance to leverage carbon markets. The forest contributes to USD 260 million in timber exports and store over 44 billion tons of carbon dioxide equivalent emissions. Protecting and valorizing the forest is critical to turn the country's natural capital into wealth. The report emphasizes that the private sector has a critical role to play in mobilizing financing for an ambitious set of reforms and investments in the context of tight fiscal space. This will require raising awareness on risks and opportunities from climate change, and innovative solutions and financial sector reforms
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  • 71
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: Access To Services ; Food ; Infrastructure ; Monetary and Non-Monetary ; Poverty Assessment ; Poverty Reduction
    Abstract: This report -- the Central African Republic's (CAR's) first ever poverty assessment -- draws on unparalleled microdata to propose practical strategies for lifting Central Africans out of poverty. Against the backdrop of a wide range of development challenges -- including persistent low growth, conflict and displacement, andthe increasing threats posed by climate change --CAR urgently needs policies for reducing poverty. This report draws primarily on the 2021 Enquete Harmonisee sur le Conditions de Vie des Menages (EHCVM), the first household survey suitable for poverty measurement conducted in CAR in more than a decade, to try and guidesuch policies. The report provides CAR's headline poverty and inequality statistics, using the EHCVM's unique sampling strategy to cover internally displaced persons (IDPs). The analysis goes beyond considerations of monetary poverty alone, assessing the extent of non-monetary deprivation in CAR, examining constraints onhuman capital development, and exploring the role that livelihoods -- especially in agriculture -- can play in lifting people out of poverty. Using geospatial data, the results are also linked to indicators of physical access to schools and health facilities as well as key elements of basic infrastructure. This Executive Summary highlights the poverty assessment's key findings and outlines the policies that can kickstart CAR's pathway towards poverty reduction
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  • 72
    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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  • 73
    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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  • 74
    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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  • 75
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Conflict and Development ; Forced Displacement ; Host Communities ; Inequality ; Living Standards ; Poverty Reduction ; Social Cohesion ; Social Conflict Prevention
    Abstract: This report presents new evidence from 26 background studies on forced displacement and social cohesion to expand the current knowledge base on how to prevent social conflict and promote social cohesion in forced displacement contexts. The background studies are geographically and methodologically diverse. They examine social cohesion in a variety of low-, middle-, and high-income countries across Africa, Asia, Central, and South America, and Europe. Building on this new evidence, the report provides lessons on how development investments and policies can reduce inequalities, alleviate social tensions, and promote social cohesion between and within displaced populations and host communities. Overall, the findings demonstrate that, while displacement can exacerbate existing inequalities and create new inequalities and the potential for conflict, especially in areas with strained services and limited economic opportunities, inclusive policies and development investments can effectively mitigate the negative effects of displacement and promote social cohesion
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  • 76
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Risk and Vulnerability Assessment
    Keywords: Earthquake ; Environment ; Infrastructure Economics and Finance ; Infrastructure Finance ; Macroeconomic Impact ; Natural Disasters ; Recovery and Reconstruction ; Social Protections and Assistance ; Social Protections and Labor ; Socioeconomic Impact ; Syria
    Abstract: Following the magnitude (Mw) 7.8 Turkiye-Syria Earthquake on February 6, 2023, and the (Mw) 6.3 earthquake on February 20, 2023, the World Bank launched the Syria Rapid Damage and Needs Assessment (RDNA). The objective of the RDNA is to estimate the impact of the earthquake on physical assets and service delivery in the most affected areas. The RDNA covers six governorates with roughly 10million inhabitants, with an in-depth analysis of nine cities. It provides preliminary estimates to rebuild infrastructure and restore service delivery, and general guiding principles for recovery and building back better, focusing on early recovery (0-12 months) and short-term needs (1-3 years). The RDNA also analyses the macroeconomic and socioeconomic impacts of the earthquake to anticipate repercussions on the economic outlook and on the population's well-being. This RDNA contributes to the understanding of the impactof the earthquake on Syria. While the RDNA focuses on the damages incurred by the earthquake, the compounding effect of the pre-existing damages caused by the conflict are reflected in the pre-earthquake baseline. The RDNA follows a globally established and recognized damage, loss, and needs assessment methodology developed by the World Bank Group (WBG), the European Union (EU), and the United Nations (UN). This methodology has been applied globally in post-disaster and conflict contexts to inform recovery and reconstruction planning. Prior to this RDNA, the World Bank Group conducted six assessments to provide information on the effects of the ongoing conflict on population, physical infrastructure, and quality of service delivery
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  • 77
    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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  • 78
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: IEG Evaluation
    Keywords: Jobs ; Labor Markets ; Objectives ; Social Protections and Labor
    Abstract: The International Development Association (IDA) has included jobs as a special theme since the 17th Replenishment of IDA (IDA17) in 2014, when it explicitly recognized the role played by labor markets in intermediating between growth and inclusion. This acknowledgment of jobs marked a shift in IDA's inclusive growth strategy. Before the IDA17 strategy paper, IDA emphasized growth and the use of social safety nets to mitigate the effects of poverty. Beginning in 2014, however, jobs became more central to IDA's strategy for inclusive growth and for achieving the twin goals. IDA17, the 18th Replenishment of IDA, and the 19th Replenishment of IDA established specific policy commitments and results indicators under the jobs-related special theme. At the same time, the World Bank Group expanded and deepened its attention to jobs, resulting in an increasingly multidimensional jobs agenda characterized by a growing body of lending, technical assistance and diagnostics, and a strong focus on IDA-eligible countries, including through use of the Country Private Sector Diagnostic and IDA's private sector window. This evaluation will assess IDA's support for jobs-related objectives over fiscal years (FY)14-22, the period covering three IDA replenishments during which jobs became an IDA special theme (IDA17, the 18th Replenishment of IDA, and the 19th Replenishment of IDA). The objectives of this assessment are to interrogate the contribution of IDA's Bank Group financing to improving outcomes related to more, better paying, and more inclusive jobs; the role of IDA's jobs strategy at the corporate, country, and operational levels in this context; and the analytical underpinnings of jobs-related interventions. The evaluation will provide lessons and recommendations to inform the design of the Bank Group's future multidimensional jobs support and enhance IDA's effectiveness in this space based on eight years of strategic, diagnostic, and operational experience
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  • 79
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Public Expenditure Review
    Keywords: Economic Growth ; Employment ; Finance and Financial Sector Development ; Financial Sector and Social Assistance ; Fiscal and Monetary Policy ; Macroeconomics and Economic Growth ; PER ; Poverty Reduction ; Public Spending ; Social Assistance ; Western Balkans
    Abstract: Kosovo has gained a creditable reputation for prudent macro-fiscal management; yet necessary structural reforms and related fiscal pressures lie ahead. The country's track record includes consistently high output growth rates, prudent fiscal deficits supported by fiscal rules, and one of the lowest public debt levels among peers. The Government was able to successfully weather the COVID-19 crisis and mitigate the impact of the ongoing inflationary crisis caused by the Russian invasion of Ukraine thanks to its healthy fiscal accounts and stable financial sectors. At the same time, however, the overlapping external shocks have highlighted the inherent volatility that mirrors Kosovo's structural limitations - especially in health, energy, and education - and accentuates gaps in both human and physical capital. The objective of this Public Expenditure Review (PER) is to help the government identify means for improving the structure and quality of public services, enhance the equity of government spending, and take a holistic view of policies that will affect financing needs over time. To do so, the PER has analyzed fiscal issues that have not been explicitly detailed in, or are in the process of being incorporated into, the medium-term expenditure framework and the economic reform program. The most notable issues include the urgently needed energy investments, the ramifications of the new law on public salaries on the budget, the sustainability of the untargeted social protection system, and possible pathways of the cost of pensions in light of expected changes to eligibility criteria, and the health spending and health financing conundrum. The PER also looks back at past World Bank PER recommendations and their implementation record, in the attempt to shine a light on measures that remain valid and could still be implemented
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  • 80
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Financial Sector ; Fiscal Policy ; Growth and Poverty ; Inflation ; Macroeconomics and Economic Growth ; Poverty Diagnostics ; Poverty Reduction ; Rice Economy
    Abstract: In the last two years, Liberia's economic performance has improved. Inflation remained in single digits despite high global food and fuel prices and a relaxation in monetary and fiscal policies. Liberia's poverty rate is projected to have declined slightly in the last two years as GDP growth rebounds and inflation moderates. On the external side, Liberia's current account balance improved in 2022, thanks to the continued increase in mining export earnings. The increase in gold export in 2022 offset the increase in imports. Liberia's medium-term economic outlook is positive, but uncertainties remain. Even as it has been trying to recover from a decade of weak economic and social performance, Liberia's overall productivity and economic efficiency remain low, especially in vital sectors of the economy, including agriculture. Demographic trends, economic growth, and a strong preference for rice are the main drivers of demand. Yet, Liberia produces only one-third of its rice needs due to several constraints, including limited access to technology, inefficient farming practices, low public and private investments, and a fragmented value chain, among other factors that have kept productivity low. Amid low production, the increase in imported rice prices continues to fuel food insecurity, poverty, and vulnerabilities in Liberia. Domestic production would need to triple to satisfy local demand, but increasing production would require significant investments in the rice sector, as well as policy actions. This report provides some broad directions for policies
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  • 81
    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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  • 82
    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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  • 83
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Economic Updates and Modeling
    Keywords: Conflict and Development ; Economic Growth ; Fiscal Policies ; Inflation ; Labor Markets ; Macroeconomics and Economic Growth ; Social Protection ; Social Protections and Labor
    Abstract: While armed clashed have declined, Libya continues to face fragmentation and fragility. The country's fragility is having far-reaching economic and social impact. Social conditions and public service delivery have been affected. Similar to numerous conflict-affected countries, the World Bank refrains from providing quantitative growth and macroeconomic forecasts. Despite the numerous challenges facing the country, the Libyan economy cab ne reconstructed and diversified by leveraging its substantial financial resources building on four critical pillars. The first is reaching a sustainable political agreement on the future of Libya. The second is the preparation of a shared vision on economic and social development that is based on accurate assessments of needs and aspirations. The third is the development of a modern and decentralized public financial management system that ensures adequate sharing of oil wealth and inter-governmental fiscal transfers as well as effective and transparent budget planning, execution, and reporting policies. The fourth is the establishment of a modern and comprehensive social policy that enables the reform of public administration and creates a clear distinction between social transfers and public wages
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  • 84
    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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  • 85
    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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  • 86
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2190
    Keywords: Education and Work ; Gender ; Gender and Development ; Gender and Education ; Gender Based Violence ; Gender Equality ; Gender Norms ; Human Rights ; Informal Trading ; Labor Markets ; Labor Standards ; Law and Development ; Poverty ; Social Protections and Labor ; Teenage Pregnancies ; Women and Girls
    Abstract: Gender equality is a key foundation of inclusive and sustainable economic development that can translate into long-term and effective poverty reduction. While gender equality matters on its own as a human right, it also offers instrumental value for individuals, households, and societies at large. Global evidence consistently shows that empowering women and girls reduces poverty incidence and food insecurity, boosts economic growth and productivity, and enhances investments in children's human capital. Angola, a country where a third of the population lives in poverty and economic output is heavily dependent on its oil sector, stands out in Sub-Saharan Africa for its particularly large gender disparities, especially when compared to countries of same income levels. Family formation, education, and labor market decisions are intrinsically interwoven and connected, which in the case of Angola leads to extreme demographic pressure on an already weak public service system. To begin tackling these significant gender disparities, well-designed and targeted policies are needed. But there are significant knowledge gaps when it comes to understanding the key barriers facing Angolan girls and young women in accessing education and transitioning to the labor market. This report presents insights gained from the voices of young women and girls, their parents, and key informants through a series of interviews carried out in Luanda, home to a quarter of the country's population, in 2022. Based on these in-depth interviews with low-income young women in Luanda, this report points to the multiple challenges they face across their life cycle - challenges relating to the dimensions of education, family formation, and work. It also shows how those dimensions in a woman's life are deeply interconnected - and how they are determined by structural constraints including poverty and vulnerability, gender norms, corruption and lack of transparency in access to services and opportunities, and violence in public and private spheres
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  • 87
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: r02
    Keywords: Development Effectiveness ; Gender ; Gender Monitoring and Evaluation ; IEG Implementation ; Poverty Impact Evaluation ; Poverty Monitoring and Analysis ; Poverty Reduction ; Progress Towards Outcomes ; World Bank Self-Assessment ; World Bank Strategy
    Abstract: The Management Action Record (MAR) provides Management's annual self-assessment of World Bank Group (WBG)-wide progress in implementing recommendations from the Independent Evaluation Group's (IEG) major evaluations to deliver outcomes in key priority areas. The MAR is an important vehicle for monitoring the uptake of IEG evaluations; it aims to ensure that recommendations lead to targeted actions that help shape the WBG's strategic directions, improve its development effectiveness, and ultimately help countries achieve their development goals. This year's MAR report provides updates on 59 recommendations from 22 IEG evaluations issued between FY19 and FY22, covering a diverse range of areas of strategic importance to the WBG. Building on progress achieved over the previous reporting cycles since the 2020 MAR Reform, this year's MAR process featured enhanced candor in the self-assessment, a broader evidence base, and a widening of the teams involved in providing feedback to IEG for richer reporting. During this year's MAR update cycle, Management continued its more intensive engagement approach, with more touchpoints, to enhance the MAR's learning focus and build understanding between evaluators and technical staff. This has included the facilitation of dozens of evaluation-specific working meetings with IEG, involving over 130 participants from across the WBG, with representation from all relevant WB Global Practices, IFC, and MIGA regional and industry teams
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  • 88
    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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  • 89
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2193
    Keywords: Current Economic Indicators ; Equity Committment ; Fiscal and Monetary Policy ; Fiscal Policy ; GDP Growth By Sector ; Governance ; Macroeconomics and Economic Growth ; Poverty Reduction ; Recent Economic Developments
    Abstract: Global growth is projected to slow significantly in 2023 as continued monetary tightening constrains the credit supply. Tanzania's economy has performed relatively well despite a challenging external environment. The government recognizes that a dynamic private sector fueled both by domestic and international investment is crucial to increase productivity, accelerate job creation, and support more inclusive and resilient growth. Tanzania has several macroeconomic advantages that could support a successful transition to middle-income status. Tanzania's most urgent reform priorities include measures to improve efficiency and effectiveness of expenditure programs and boost tax-revenue mobilization. The government should assess and regulate budget transfers to state-owned enterprises to ensure their sustainability. An analysis of the implementation capacity of ministries with low expenditure execution rates could inform efforts to improve procurement systems and strengthen monitoring and evaluation. The government should adjust VAT, corporate income tax, and excise tax rates to increase revenue mobilization, and excise taxes on tobacco should be reevaluated to balance revenue and public health objectives. Strengthening taxation on wealthier households is vital to improve the equity of the tax system. Reinforcing the tax administration's auditing capacity will be necessary to boost collection efficiency and enhance distributional equity, and registration thresholds should also be adjusted to broaden the tax base. The Commitment to Equity (CEQ) methodology could be used to assess the impact of proposed fiscal policy changes on household income, poverty, and inequality
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  • 90
    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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  • 91
    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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  • 92
    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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  • 93
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Cash Transfers ; COVID-19 ; Labor Market ; Pensions ; Pensions and Retirement Systems ; Poverty ; Social Analysis ; Social Assessment ; Social Development ; Social Funds ; Social Protection System ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: A period of economic growth over the past decade led to a reduction in poverty and improvements in labor market outcomes in Montenegro. Substantial challenges remain, which have been aggravated by the COVID-19 pandemic, drawing attention to the role that social protection plays in reducing poverty and promoting human capital. This note presents a situational analysis of the social protection system in Montenegro. It assesses the extent to which the social protection system in Montenegro fulfils its purpose and proposes areas for reform in the short, medium, and long term. To this end, this note seeks to assess each category of social protection, namely: social assistance, social services, social insurance (specifically pensions) and labor market programs, in terms of program coverage, equity, sustainability and effectiveness
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  • 94
    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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  • 95
    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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  • 96
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Poverty Assessment
    Keywords: COVID-19 ; Economic Forecasting ; Environmental Shocks ; Fiscal System ; Macroeconomics and Economic Growth ; Poverty and Equity ; Poverty Reduction ; Urban Areas
    Abstract: This report relies on several data sources. The main source providing the poverty, inequality and labor figures herein is the 2019/20 Household Budget Survey (Inquerito sobre Orcamento Familiar, IOF2019/2020) conducted by the National Statistical Institute (Instituto Nacional de Estatistica, INE) starting in November 2019 and spanning 13 months. The survey's sample was drawn from the 2017 Census and allows for poverty figures to be representative at national and provincial as well as rural and urban levels. The fieldwork included data collection from 13,297 households interviewed across four quarters as in previous surveys, to account for seasonality effects like the impact on households' consumption of relatively more abundant post-harvest periods. The starting point for the analysis is chapter 1, which synthesizes progress in reducing poverty between 2014-15 and 2019-20. This chapter also looks at the regional distribution of poverty, the impact of the pandemic, multidimensional poverty, the profile of the poor, changes in the responsiveness of poverty to growth, discusses trends in non-monetary dimensions of wellbeing, and simulates future poverty trends. Chapter 2 examines the distribution of growth and inequality reduction over the period, the pandemic's impact, discusses the growth-poverty-inequality relationship, assesses the spatial dimensions of poverty, and estimates the Human Opportunity Index for Mozambique. Chapter 3 focuses on labor markets and provides insights into labor force participation, unemployment, underemployment, employment sectors, child labor, and labor market demand conditions. Chapter 4 presents a fiscal incidence analysis and information on transfers. Chapter 5 examines the relevance of environmental shocks, assesses the impact of weather events on agricultural production and night-time light radiance in urban areas. It also models poverty and distributional impacts of climate change shocks and presents findings on climate change literacy in Mozambique. Finally, chapter 6 discusses a variety of policy implications
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  • 97
    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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  • 98
    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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  • 99
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2109
    Keywords: Palestinian Pension Agency ; Pension System ; Pensions and Retirement Systems ; PER ; SIAD ; Social Funds and Pensions ; Social Insurance Administrative Diagnostic ; Social Protections and Labor
    Abstract: This work builds on the Public Expenditure Review (PER) analysis of the pension system conducted in 2016 but also brings important innovations. It updates the financial analysis conducted then and offers new policy recommendations, with the key objective of improving the affordability of the pension system, subject to benefit adequacy. The principal difference of this work is in the adopted approach, which looks at the pension system holistically and offers advice from the angle of rationalizing the overall public expenditure policy in pensions, rather than working with each pension scheme individually. In doing so, it takes a forward-looking approach and minimizes the dependency path of the convoluted legacy system. The work also incorporates a component that looks at the Palestinian Pension Agency's (PPA) administrative systems using a new Bank tool - Social Insurance Administrative Diagnostic (SIAD). The findings reveal a system with unfinished reforms and call for a comprehensive restructuring of the pension financing arrangements, along with a change of the construct of the system. This work is largely diagnostic in nature, offering high level policy recommendations and suggesting a comprehensive follow up analysis. While presenting a status quo analysis and illustrating effects of several parametric adjustments, the main set of recommendations is centered around the structural adjustments and financial restructuring in the public sector pension scheme, which would require a round of follow up work, elaborating and modeling various reform cases, including careful fine-tuning of the transitional provisions
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  • 100
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: 2209
    Keywords: Agriculture ; Armed Conflict ; Children and Education ; Civil War ; Conflict ; Conflict and Development ; Displacement ; Food Security ; Food Unaffordability ; Health and Poverty ; Health, Nutrition and Population ; Humanitarian Response ; Limited Health Care ; Living Costs ; Living Standards ; Poverty Reduction ; Reduced Food Intake ; Repeated Shocks
    Abstract: This report highlights respondents' lived experiences during Yemen's conflict as experts of their own experiences. This report aims to present the voices of Yemenis who have now spent eight years living through a civil war, economic crisis, and close to famine. This report is among the few authentically capturing Yemeni voices on a range of day-to-day issues from different governorates across the country. But arguably the small sample size limits ability to generalize findings. However, generalizing findings was not the intention of the report. For each theme, 'Voices from Yemen' presents a multi-stakeholder perspective to mitigate bias towards a single stakeholder group or geographical area. Moreover, the report's findings are in line with those in quantitative reports, such as 'Surviving in the Times of War' or the 'World Bank Phone Survey' report on food security. 'Voices from Yemen' presents a comprehensive picture of suffering derived from human stories behind the statistics. The conflict has made Yemeni lives unaffordable, uncertain, vulnerable, and often unbearable. The power of people's speech and the intensity of their stories narrate their grave vulnerabilities and the sense of helplessness and suffering the conflict has caused
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