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...

This joint report on MDB Climate Finance captures a particular context of activities that Multilateral Development Banks (MDBs) carry out in developing and emerging economies. The context is built on the premise that development finance is being provided in a world shaped by climate change. This...

This report identifies and assesses relevant physical and transition risks with focus on the banking sector. Banks constitute the largest segment of the Colombian financial sector with asset holdings of Colombian peso (Col dollars) 720 trillion (US209 billion dollars or 78 percent of gross...

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 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...