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Meeting the 2030 UN Sustainable Development Goals will require enormous infrastructure investment around the world …
Persistent link: https://www.econbiz.de/10014579935
Pakistan is facing yet another balance of payment crisis. Authorities have taken some corrective measures and negotiated a 39-month stabilization program with the International Monetary Fund (IMF). Nonetheless, inflationary pressures increased during FY19. Current account deficit narrowed as...
Persistent link: https://www.econbiz.de/10012646389
Before the COVID-19 (Coronavirus) pandemic, Somalia's economy was on an upward trajectory, recovering from the 2016/17 drought. The economy grew at an estimated rate of 2.9 percent in 2019, on par with population growth, and was projected to grow at 3.2 percent in 2020. The COVID-19 pandemic has...
Persistent link: https://www.econbiz.de/10012647400
This paper argues that governments and regulators, supported by financial institutions and multilateral development banks (MDBs), hold the key to mobilizing private finance at the scale needed to transform the way we build, produce, and consume in order to protect nature while fostering...
Persistent link: https://www.econbiz.de/10012603543
Governments face growing contingent liabilities from disasters as they tend to shoulder a significant share of disaster response and recovery costs. Disaster shocks increase government expenditure and hamper economic activities. An increasing number of countries are developing financial...
Persistent link: https://www.econbiz.de/10012646437
The world faces a triple crisis of three interconnected issues-development, climate, and nature― and current levels of … World Bank launched the Country Climate and Development Report (CCDR) in 2022. This core diagnostic tool aims to help … global climate change challenge. The first set of CCDRs covered only 10 percent of the world’s tropical forests, but the …
Persistent link: https://www.econbiz.de/10014579000
Trade can dramatically improve women's lives, creating new jobs, enhancing consumer choices, and increasing women's bargaining power in society. It can also lead to job losses and a concentration of work in low-skilled employment. Given the complexity and specificity of the relationship between...
Persistent link: https://www.econbiz.de/10012644298
Even before the COVID-19 pandemic, the world was living a learning crisis. Before the pandemic, 258 million children … learning deficits. All this means that the world was already far off track for meeting Sustainable Development Goal 4, which …
Persistent link: https://www.econbiz.de/10012647071
This retrospective examines how the World Bank's strategic use of climate-related trust funds has enabled it to play an … finance, with a focus on the pioneering role of the Global Environment Facility (GEF) and World Bank carbon funds in spurring … climate change mitigation activities, this report draws lessons and recommendations on how the World Bank and the wider …
Persistent link: https://www.econbiz.de/10012647409
availability of safe and effective vaccines for COVID-19, the World Bank together with WHO, UNICEF, the Global Fund, and Gavi …
Persistent link: https://www.econbiz.de/10012521843