This paper explores the financial stability implications of acute physical climate change risks using a novel approach focusing on a severe season associated with a series of tropical cyclone and flood events. Our approach was recently applied to study physical risks in the Mexican financial...

Minimizing the adverse social and economic consequences of the energy transition is an important social aspiration. It is the essence of the "just transition," the connective tissue that binds together climate goals with social outcomes centered around jobs. This policy note proposes the first...

This paper discusses both the relevance of economic and social rights (ESRs) for environmental, social, and governance (ESG) investing in the sovereign debt asset class and how to start incorporating these rights into the investment process in a practical way. Many in the investment industry...

This report aims to guide the policy makers in World Bank client jurisdictions in continuously improving their assessments and understandings of money laundering and terrorist financing risks in their jurisdictions. To this end, the report attempts to draw lessons mainly from; Observations and...

This literature review and framework for mobilization of financing from institutional investors is part of a wider project conducted by the World Bank Group to examine the effectiveness of activities undertaken by the Multilateral Investment Bank (MDBs) to encourage private institutional...

Generating quality jobs is a major concern of policy makers around the world who want to ensure sustainable growth and social cohesion. This concern has led to greater interest in supporting the social and solidarity economy (SSE). The SSE focuses on supporting productive structures managed by...

This White Paper considers the problem of corporate debt overhang and discusses the policy tools to address it. Corporate debt overhang describes the scenario in which a company's debts are so great that they deter new lenders, affect corporate decision-making, and stifle new investment. At...