The World Bank Group's (WBG) safeguards and sustainability policies were put in place to prevent or mitigate adverse impacts of its projects on people and the environment. These goals remain critical given current environmental and social trends. Recent global experience in the financial and...

The purpose of this study is to update the review of World Bank experience in Irrigation (IEG 1994) and to broaden the scope of evaluation to include all water lending for agricultural development. Since that first study, the proportion of World Bank lending for agricultural water management...

The European Commission unveiled the Carbon Border Adjustment Mechanism (CBAM) in July 2021 as part of its "Fit for 55" climate-policy package. The European Commission had announced this trade-policy instrument under the Green Deal in 2019 as a means of implementing more ambitious climate-policy...

Multilateral cooperation means that states can collectively achieve more than they can through individual and bilateral efforts alone. Multilateral organisations are important instruments for this: they have a greater geographic and thematic reach, operate at a larger scale and stand for...

More than a decade has passed since the global economic and financial crisis rocked the world. A clear lesson that emerged from it was the importance of identifying and addressing country-specific vulnerabilities ex ante to build resilience when a shock occurs. The 2020 global economic and...

Germany promotes “just transition” as a guiding principle for the global transition to a socially and environmentally sustainable economy that incorporates the necessary climate, environmental and energy policy measures. This includes the urgent transformation of economies to become emission...

This evaluation provides an early-stage assessment of the Sustainable Development Finance Policy (SDFP) of the International Development Association (IDA), which went into effect July 1, 2020. A steep rise in debt vulnerabilities in IDA-eligible countries over the past decade highlighted...

The unanticipated spike in international food prices in 2007-08 hit many developing countries hard. The World Bank (International Bank for Reconstruction and Development and International Development Association) organized rapidly for short-term support in the crisis, launching a fast-track...