Forestry has traditionally been one of Myanmar's most important economic sectors, generating more in export earnings in the period 2010-2018. It is estimated that the country will have lost 12 million ha of forest between 1990 and 2020 - the third largest absolute forest loss of all countries...

The paper advances a framework to take stock of CIT incentives across two interrelated policy objectives: stimulating investment in green sectors and processes; and/or encouraging divestment from dirty sectors. It distinguishes three categories of CIT incentives related to the green agenda: (i)...

There are compelling reasons for asset owners - in particular large pension funds and sovereign wealth funds - to adopt sustainable investment, and for governments to support them in these endeavors. First, asset owners have a key role to play in providing the capital that supports national...

Climate change mitigation and adaptation efforts are urgently needed across Southeast Asia. The financial sector can play a critical role in supporting countries in their journey toward greater resilience and sustainability, but it must adapt to do so effectively. This report shows that while...

Sustainable debt is loan or bond financing that helps mitigate or address a specific environmental or social concern or achieve positive environmental or social outcomes. The term environmental, social, and governance (ESG) investing, often used interchangeably with sustainable investing,...

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....

Since 2014, the World Bank Group (WBG) has formally mainstreamed citizen engagement in its strategy to end extreme poverty and share prosperity, building on 25 years of emerging practice and research. In the early 2000s, the WBG issued guidance on multi stakeholder engagement to strengthen...

This evaluation assesses the quality of the World Bank's early response to the COVID-19 crisis and the initial steps toward recovery, focusing on the health and social response. It concentrates on the relief stage and support to restructure systems in the first 15 months of the pandemic...

The first action in the G-20 Sustainable Finance Roadmap proposes six high-level principles for the development and global coordination of approaches to align investments with sustainability goals. "Alignment approaches" are national and international frameworks for the financial sector that aim...