This report examines the potential use of auctions as a price discovery mechanism facilitating accelerated decommissioning of the global coal fleet. Despite widespread recognition of coal power's significant negative impact on climate and health as well as the urgency of acting in response to...

This document aims to succinctly summarize the climate risks faced by Azerbaijan. This includes rapid onset and long-term changes in key climate parameters, as well as impacts of these changes on communities, livelihoods, and economies, many of which are already underway. This is a high-level...

Georgia is located in the South Caucasus region, sharing land borders with Russia to the north, Turkey to the southwest, Armenia to the south, and Azerbaijan to the east. Over the past two decades, Georgia has experienced significant economic change, urbanization, and displaced populations (due...

Climate change is a major risk to good development outcomes, and the World Bank Group is committed to playing an important role in helping countries integrate climate action into their core development agendas. The World Bank Group (WBG) and the Asian Development Bank (ADB) are committed to...

The coronavirus disease (COVID-19) pandemic has led to unprecedented adverse social and economic impacts. Further, the pandemic has demonstrated the compounding impacts of adding yet another shock on top of the multiple challenges that vulnerable populations already face in day-to-day life, with...

The Republic of Indonesia, herein Indonesia, is the world's largest archipelagic state, consisting of more than 17,500 islands with over 81,000 kilometres (km) of coastline, a population of 270.6 million as of 2019 and the largest economy in Southeast Asia. Indonesia is highly vulnerable to...

The Republic of Kazakhstan is located in Central Asia, the country shares borders with the Russian Federation to the north, China to the east, and Turkmenistan, Uzbekistan, and the Kyrgyz Republic to the south. The Caspian Sea forms a natural boundary to the west. Kazakhstan contains...

The Kyrgyz Republic is bordered by Kazakhstan to the north, Uzbekistan to the west, Tajikistan to the southwest, and China to the east. A wide variety of natural hazards also affect the Kyrgyz Republic. Earthquakes are common and have led to loss of life and significant damage to infrastructure...

Climate change is a major risk to good development outcomes, and the World Bank Group is committed to playing an important role in helping countries integrate climate action into their core development agendas. The World Bank Group (WBG) and the Asian Development Bank (ADB) are committed to...

Mongolia's vast steppe plains and deserts experience about 250 sunny days every year, leading to the country commonly being termed the land of the blue sky. Historical climate warming is believed to have taken place at some of the fastest rates in the world in Mongolia and other shifts in...