Against the backdrop of increasing income inequality, this report uses spatial analysis to assesses whether disparities in access to basic infrastructure between Mozambique's lagging and leading regions are growing or declining and whether the public expenditure program is effective in...

Appropriate and effective regulatory frameworks remain crucial for ensuring that investments in infrastructure are done strategically and efficiently. Benchmarking infrastructure development 2020 assesses the regulatory quality for preparation, procurement, and management of large infrastructure...

The toolkit contains three modules covering the major climate entry points (i.e., alignment with climate policies; incorporation of climate considerations in the project selection; and appraisal of climate effects in the project's economics and financing), followed by a fourth module that...

The toolkit contains three modules covering the major climate entry points (i.e., alignment with climate policies; incorporation of climate considerations in the project selection; and appraisal of climate effects in the project's economics and financing), followed by a fourth module that...

The time for action to build a better future and green recovery has never been stronger as we navigate the uncertainty of a world attempting to manage its way out of a triple crisis: debt sustainability, climate change, and pandemic. The fiscal constraints of governments across the globe open...

This retrospective examines how the World Bank's strategic use of climate-related trust funds has enabled it to play an outsized role in catalyzing climate action worldwide for nearly 30 years. By looking back at the history of climate and carbon finance, with a focus on the pioneering role of...

This approach paper considers the role of public finance to build, protect and utilize human capital as countries seek to recover from the Coronavirus disease 2019 (COVID-19) crisis and lay a foundation for inclusive, resilient and sustainable development. The paper defines the problem in...

The report and the summary review the recent economic and fiscal performance of Mongolia; outline current medium-term prospects of Mongolia's economy; discuss short-term risks and structural vulnerabilities; and comment on the efficiency of past public investment programs and practices

Faced with a prolonged economic downturn and resulting fiscal constraints, the Government of Belarus is looking to increase the efficiency of public funds spent on public investment. As the total envelope on public capital spending is likely to stagnate or even decrease further in the coming...

Maximizing the benefits from public sector investments requires a clear, predictable, and transparent process informed by robust analyses that can facilitate multicriteria considerations of different options and alternatives. However, the tools available to governments to assess the costs and...