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Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report assesses technologies to expedite the measurement, reporting, and verification (MRV) process for jurisdictional scale REDD+ programs, focusing on improving efficiency, accuracy, scalability, and timing [22][21] - Current MRV processes are lengthy and complex, leading to delays and uncertainties in verification of emission reductions and access to climate finance [21][23] - Suggested technological solutions include data management tools, LiDAR, SAR, and high-resolution satellite imagery to enhance consistency and accuracy [26][31] Summary by Sections I. Context - The MRV cycle under the Forest Carbon Partnership Facility (FCPF) and BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is prolonged, often taking years to become functional [30][31] - Key challenges include lack of methodological consistency, high costs, and over-reliance on optical satellite imagery [31][32] II. Implementation - The report explores the use of high-quality in situ data and innovative technologies to improve biomass estimation and data integration [55][61] - Collaboration with organizations like the European Space Agency and California Polytechnic University was leveraged to assess the viability of technologies [52][11] III. Digital Architecture Solutions - A centralized cloud service combined with a decentralized "data lake" is proposed to address data integration challenges [27][42] - The report emphasizes the need for a data lake to store large volumes of raw data and facilitate data processing and analysis [74][78] Recommendations - Incorporation of technologies to expedite MRV processes is recommended, with careful consideration of existing systems and country-specific needs [28][29] - Development of a policy framework informed by the Global Forest Observations Initiative's CALM framework is suggested for assessing and incorporating technology [29][30]

Investment Rating - The report does not explicitly provide an investment rating for the industry under study. Core Insights - The presence of tax authority officers did not significantly impact overall tax compliance and morale among SMEs in Tanzania, although there were short-term increases in compliance in Dar es Salaam and sustained increases in tax morale elsewhere [5][16][66] - The study highlights the challenges of enforcing tax compliance among SMEs, particularly in a context where many businesses remain informal and tax contributions are minimal [10][12][26] - The findings suggest that increased visibility of tax officials may enhance perceived credibility of enforcement rather than trust in the tax system itself [17][18] Summary by Sections Introduction - The report discusses the challenges of taxing SMEs in Tanzania, emphasizing the limited fiscal gains and high enforcement costs associated with compliance [10][12] - It outlines a field experiment conducted to assess the impact of increased local presence of tax officials on SME tax compliance and morale [10][11] Context - Tanzania's economy is heavily reliant on agriculture, with a significant portion of the workforce engaged in informal sectors, leading to low tax revenue [25][26] - The tax-to-GDP ratio in Tanzania is relatively low at 11.4%, indicating structural challenges in tax collection, particularly among small businesses [26][30] Study Design - The study involved a sample of 1,210 SMEs across various sectors, with a randomized controlled trial design to assess the impact of tax officials' presence during surveys [32][35] - The data collection included both survey responses and administrative tax records to evaluate compliance behavior [39][50] Results - The presence of tax officials led to an increase in tax morale, particularly outside Dar es Salaam, but did not significantly affect compliance rates overall [16][66] - In the Eastern zone, there was a notable increase in both the likelihood of payment and the amount paid immediately following the intervention, while the Southern zone showed a decrease in compliance in subsequent quarters [66][67] - The study indicates that while tax morale improved, the actual compliance behavior did not show consistent positive changes across all regions [62][66] Conclusion - The report concludes that while the intervention provided insights into taxpayer behavior and attitudes, the overall impact on compliance was mixed, suggesting the need for further research to understand the dynamics of tax morale and compliance in the SME sector [18][71]

Public Disclosure Authorized Issue #2 | February 2025 Summary: The Red Sea crisis has emerged as a critical flashpoint of the conflict in the Middle East, upending global trade and maritime transport, port activity in the MENA region, and ecological balance of the Red Sea. By end-2024, about a year after the onset of the crisis, vessel traffic through the strategic Suez Canal and Bab El-Mandeb Strait—which used to carry 30 percent of world container traffic—had plummeted by three-fourths, forcing ships to d ...

Approach Paper Indonesia Country Program Evaluation January 15, 2025 1. Evaluation Purpose and Audience 1.1 This Country Program Evaluation (CPE) will assess the performance of the World Bank Group's support to Indonesia between FY 2013 and FY23. The evaluation will focus on the Bank Group's contribution to help Indonesia tackle key long-term development challenges and position the country toward its goal of reaching high- income status by 2045. The evaluation period spans three country strategies—the FY13– ...

Approach Paper An Evaluation of the World Bank Group Strategy for Fragility, Conflict, and Violence 2020–25 January 14, 2025 1. Background and Context 1.1 Fragility, conflicts, and displacement have increased over the past decade. Geopolitical tensions and risks are at their highest in decades. Within this complex and rapidly changing context, the global fragility landscape has worsened significantly. The world has been experiencing a record number of violent conflicts since 1946 (figure 1.1), and conflicts ...

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The study investigates the impact of corporate tax incentives, specifically focusing on the phasing out of a significant income tax exemption for export-oriented firms in Tunisia, revealing that the reform led to a 20% decline in the entry of new offshore firms without affecting employment, revenue, or wage bills of existing firms [4][15][19] - The findings challenge the conventional belief that tax incentives are crucial for attracting investments, suggesting that other factors may play a more significant role in economic activity [4][20][24] Summary by Sections Introduction - Tax incentives are widely used to attract investment, with 87% of surveyed developing economies having at least one type of corporate income tax exemption [9] - In 2021, tax relief schemes accounted for 1.4% of global GDP and 7.8% of global tax revenues [9] Institutional Context and Policy Background - Tunisia's offshore regime provided significant tax benefits, costing up to 6.8% of GDP in foregone tax revenues in 2013 [27][28] - The 2014 corporate tax reform aimed to harmonize tax treatment between offshore and onshore firms, raising the CIT rate for offshore firms from 0% to 10% [29][33] Data and Descriptive Statistics - The analysis uses administrative records from Tunisian registered firms, focusing on approximately 198,000 firms, with 22,660 classified as offshore [40][42] - Offshore firms represent about 20% of total firms but account for a disproportionate share of economic activity, particularly in manufacturing [52] Empirical Strategy - A differences-in-differences approach is employed to assess the impact of the CIT reform, comparing outcomes of offshore and onshore firms before and after the reform [58][59] Effects of the 2014 Offshore Tax Reform - The number of offshore firms grew at a slower rate post-reform, with a significant drop in new entrants, while the onshore sector continued to expand [66][68] - Despite the decline in the number of offshore firms, there was no significant decrease in aggregate economic activity, as existing firms maintained their performance [70]

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - Social registries are essential tools for social protection, enabling the identification of individuals in poverty and vulnerability, facilitating resource targeting, and promoting access to services and benefits [13][15] - Over the past two decades, social registries in Latin America and the Caribbean (LAC) have significantly expanded in coverage, reaching over 80% in countries like Chile, Colombia, and Costa Rica [15] - The COVID-19 pandemic highlighted the importance of social registries, allowing countries with robust systems to respond effectively to citizens' needs [68][72] Summary by Sections I. Introduction - The World Bank aims to strengthen social registries in LAC to reduce knowledge gaps and improve social policy design and implementation [20][21] II. The Role of Social Registries in Social Policy - Social registries support the identification of individuals experiencing poverty, enabling participation in social protection programs and efficient resource targeting [27][31] - They serve as information systems that consolidate data for public policy decision-making [31][35] III. Evolution of Social Registries in LAC - Social registries have evolved significantly, with Colombia achieving 100% population coverage through innovations in interoperability during the COVID-19 pandemic [51][63] - The coverage of social registries has increased over time, with some countries experiencing fluctuations due to challenges in maintaining updated information [51][63] IV. The Role of Social Registries during the COVID-19 Pandemic - During the pandemic, 64% of the population in LAC was covered by some form of protection, with countries implementing innovations in their social registries [72][68] - Innovations included the incorporation of new data sources and the use of technologies like machine learning for better household classification [72][73] V. Social Registries in LAC Today - The report assesses social registries based on five dimensions: institutional arrangements, data collection mechanisms, socioeconomic targeting, information systems, and performance measures [80][81] - Institutional frameworks vary across countries, with most registries linked to ministries of social policy or planning [86][88] - The collection and updating of household information often remain static, but there is a shift towards hybrid models that combine self-declaration and administrative data [96][100]

IMPLEMENTATION KNOW-HOW BRIEF Regulatory Sandboxes for Digital Health igital technology, applications, data, and information systems, as part of the ongoing transformation of health and health care can help ensure universal and equitable access to affordable, people-centered, and integrated quality care, contributing to the goal of reaching Universal Health Coverage (UHC). Intelligent use of data and digital technologies can elevate patient experience, improve clinician and staff satisfaction, drive operati ...

Applying the Degree of Urbanisation A METHODOLOGICAL MANUAL TO DEFINE CITIES, TOWNS AND RURAL AREAS FOR INTERNATIONAL COMPARISONS 2021 edition Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized MANUALS A N D G U I D E L I N E S Public Disclosure Authorized Applying the Degree of Urbanisation A METHODOLOGICAL MANUAL TO DEFINE CITIES, TOWNS AND RURAL AREAS FOR INTERNATIONAL COMPARISONS 2021 edition 2021 edition Manuscript completed in December 2020 The designations employed ...