ic Disclosure Author Global Poverty Monitoring Technical Note 37 April 2024 Update to the Global Database of Shared Prosperity What's New Carlos Sabatino Carolina Diaz-Bonilla Danielle Aron Cameron Haddad Minh Cong Nguyen Haoyu Wu June 2024 Keywords: Global Database of Shared Prosperity, April 2024. Development Data Group Development Research Group Poverty and Equity Global Practice Group Disclosure Author G LOBAL P OVERTY M ONITORING T ECHNICAL N OTE 37 Abstract This note introduces the 13th edition of the ...

WORLD BANK GROUP Unlocking South Africa's Potential: Leveraging Trade for Inclusive Growth and Resilience ublic Disclosure Author olic Disclosure Authori blic Disclosure Authoriz © 2024 The World Bank 1818 H Street NW, Washington DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org Some rights reserved This work is a product of the staff of The World Bank. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of the Executive Directors of the Wor ...

授权公开披露 我打公开我想 efu gial oportunities 1960-1961 1960-1961 1960-1961 1960-1961 relian mmunii educat 授权公开披露 XPANDNG APPROACHESTOR REFUGEES AND THETHOPA DISONVA GTRO © 2024 国际复兴开发银行 / 世界银行 1818 H Street NW ， 华盛顿特区 20433 电话 ： 202 - 473 - 1000 ； 互联网 ： www. worldbank. org 保留部分权利 这项工作是世界银行工作人员在外部贡献下的产物。这项工作中表达的调查结果，解释和结论不一定反映世界银行，其执行董事会或其代表的政府的观点。世界银行不保证这项工作中包含的 数据的准确性。本作品中任何地图上显示的边界、颜色、面额和其他信息并不意味着世界银行对任何领土的法律地位或认可或接受这些边界的任何判断。 本协议中的任何内容均不构成或被视为限制或放弃世界银行的特权和豁免 ， 所有这些特权和豁免都是特别保留的。 权限和权限 本作品可在知识共享署名 3.0 IGO 许可 (CC BY ...

Investment Rating - The report indicates a positive outlook for carbon markets, suggesting they could be a game changer in advancing climate action and generating significant revenue for developing countries [4][14]. Core Insights - Carbon markets can enhance financial flows to developing countries by assigning a financial value to carbon reduction and removal, encouraging private sector engagement in projects [4][11]. - The World Bank has been instrumental in supporting countries to generate high integrity carbon credits, with expectations of producing over 270 million credits in the next five years, potentially earning between $1.3 billion and $3 billion [11][24]. - The report emphasizes the need for a trustworthy and transparent global carbon market to build confidence among buyers and sellers, which is essential for the market's growth [17][40]. Summary by Sections Carbon Market Potential - Carbon markets are primed for growth due to developments from COP26 and increasing demand from companies for voluntary climate commitments [15][16]. - Countries with natural resources can generate substantial revenue through carbon markets by protecting and restoring their ecosystems [14][15]. World Bank's Role - The World Bank has supported over 60 countries in building capacity for carbon markets, providing technical assistance and financing [25][26]. - The Bank's initiatives include the Forest Carbon Partnership Facility, which has helped countries develop programs to reduce emissions from deforestation and degradation [26][27]. Future Directions - The report outlines three key results for the World Bank's Engagement Roadmap: generating a robust supply of high integrity credits, leveraging large-scale programs for climate finance, and shaping a trusted global carbon market [11][12][13]. - The Bank plans to implement new financial products and enhance country capacity to participate in carbon markets, focusing on renewable energy and natural climate solutions [34][35][36]. Challenges and Solutions - Trust remains a significant barrier to the growth of carbon markets, necessitating operational integrity principles and stronger governance [17][18]. - The report calls for harmonization and standardization across the carbon markets ecosystem to enhance trust and transparency [18][39]. Conclusion - High-integrity carbon markets can generate substantial financial benefits for developing countries while contributing to global climate goals [40][41].

olic Finance Revie Collect More, Spend Better to achieve Vision 2035 Goals FA FA FA WORLD BANK GROUP 2024 olic Disclosure Auth ublic Disclosure Authori olic Disclosure Authoriz lic Disclosure Authori | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----- ...

Investment Rating - The report does not explicitly provide an investment rating for the forestry sector in Cameroon Core Insights - The report highlights the interplay between fiscal policies and forestry sector challenges, emphasizing the need for fiscal reforms to enhance public revenues and promote sustainable forestry management [9][17][24] Chapter Summaries Chapter 1 – The State of the Economy - Global economic activity slowed to 2.6 percent in 2023, down from 3.0 percent in 2022, primarily due to tighter monetary policies and reduced fiscal support in advanced economies [9][44] - Cameroon's real GDP growth decelerated to 3.3 percent in 2023 from 3.6 percent in 2022, with all economic sectors experiencing a slowdown [10][55] - Average inflation rose to 7.4 percent in 2023 from 6.3 percent in 2022, driven by high food prices and transportation costs [13][79] - The current account deficit widened to 4.0 percent of GDP in 2023 from 3.5 percent in 2022, largely due to a larger trade deficit from declining hydrocarbon production [14][13] Chapter 2 – Designing Fiscal Instruments for Sustainable Forests - Cameroon has vast forested areas covering about 35 percent of its land, which are crucial for biodiversity and climate regulation [17][18] - The forestry sector's contribution to GDP has decreased slightly, accounting for 3.8 percent of GDP and 12.2 percent of exports by 2021 [19] - The annual deforestation rate increased from 0.1 percent to 0.6 percent between 2008 and 2020, driven by small-scale agriculture and illegal logging [18][19] - Fiscal reforms are necessary to optimize forest resources and secure higher public revenues, with forest-related fiscal policy instruments being essential for conservation and management strategies [24][25] - Recommendations include adjusting forest tax rates based on ecological impacts, promoting forest certification, and engaging local communities in REDD+ projects [28][29][30]

A World Bank Group Flagship Report WORLD DEVELOPMENT R ividdle Ir come Trap ORLD BANK GROUP Middle-Income Trap A World Bank Group Flagship Report WORLD DEVELOPMENT REPO Middle-Income Trap RLD BANK GROUP © 2024 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington, DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org Softcover Hardcover ISSN: 0163-5085 ISSN: 0163-5085 ISBN: 978-1-4648-2078-6 ISBN: 978-1-4648-2097-7 DOI: 10.1596/978-1-4648-2097-7 e-ISBN: ...

Investment Rating - The report does not explicitly provide an investment rating for the industry. Core Insights - The GRADE report estimates the direct economic damage in Saint Vincent and the Grenadines (SVG) due to Hurricane Beryl at approximately US$ 230.6 million, which is about 22% of SVG's 2023 GDP and 4% of the total exposed value of assets [18][61][70] - The total replacement value of all assets in SVG is estimated at US$ 5.91 billion, including residential and non-residential buildings and infrastructure [18][22] - The southern Grenadines were the most affected, accounting for US$ 186.8 million or 81% of the total damage, with Union Island being the hardest hit [18][70] Summary by Sections Executive Summary - The report provides a rapid assessment of the economic damage caused by Hurricane Beryl, which made landfall on July 1, 2024, as a Category 4 hurricane [17][35] - The assessment follows the GRADE methodology, which is designed for quick damage estimation post-disaster [23] Introduction - The report aims to estimate the direct economic damage to physical assets caused by Hurricane Beryl and to inform recovery and reconstruction efforts [24] Context - SVG is a multi-island nation with a population of approximately 110,000, vulnerable to natural hazards including hurricanes [25][30] Summary of Historical Disasters - Historical data indicates that SVG has not experienced hurricanes of Category 3 or stronger since at least 1900, with significant past events causing substantial economic losses [31][32] Event Description - Hurricane Beryl was the earliest forming Category 5 hurricane on record and the strongest to impact SVG since at least 1900 [35] Reported Impacts - The hurricane exposed 56% of the population to winds between Tropical Storm and Category 4 hurricane strength, with varying levels of damage across the islands [38] - Initial assessments indicate extreme damage in Union Island and Mayreau, with significant impacts on infrastructure and buildings [41][42] Direct Damage Estimation Methodology - The GRADE methodology involves data collection, comparison with historical damage estimates, and calibration to provide rapid damage assessments [46][47] Results - Total damages are estimated at US$ 230.6 million, with building damage accounting for over two-thirds of the total [61][62] - Infrastructure damages are estimated at US$ 71.7 million, affecting key sectors such as power, telecommunications, and water networks [62][71] Interpretation of Results - The assessment indicates that Hurricane Beryl is one of the costliest hurricanes to impact SVG, with significant damage observed across various sectors [70]

Investment Rating - The report does not explicitly provide an investment rating for the Romanian justice sector, but it emphasizes the need for strategic reforms and improvements in efficiency and access to justice, indicating potential areas for investment opportunities. Core Insights - The Functional Review of the Romanian Justice Sector (JFR) represents a significant initiative to evaluate and enhance the performance and management of the justice sector, identifying strengths and areas for improvement [11][23] - The report highlights the importance of a unified strategic approach to justice reform, focusing on people-centered services that address real-life challenges faced by citizens [13][39] - Key challenges include limited coordination among justice entities, fragmented service delivery, and inefficient resource management, which threaten the effectiveness of the judiciary [13][38] Summary by Sections Executive Summary - The JFR was conducted over two years to assess the overall functioning of Romania's justice sector, providing a comprehensive analysis of management and performance topics [11][12] - The document aims to foster dialogue on how justice sectors can adapt to new societal needs, emphasizing justice as a fundamental public good [12][22] Cross-Cutting Observations - Romania has made significant progress in justice reforms, including legislative changes that align with EU standards, but faces systemic challenges such as limited coordination and inefficient resource management [13][36] - The lifting of the Cooperation and Verification Mechanism (CVM) by the European Commission reflects Romania's advancements in judicial reform and anti-corruption measures [38] Optimizing Performance - Strategic resource management is essential for an efficient justice sector, addressing staff shortages and uneven distribution of caseloads among judges [14][48] - Regular assessments of caseloads and human resource allocation are necessary to enhance judicial efficiency [14][51] Enhancing Access to Justice - Improving access to justice is a strategic priority, with barriers such as fragmented legal aid and inadequate infrastructure hindering effectiveness [16][38] - Recommendations include expanding legal aid, creating central oversight, and enhancing public awareness of rights [16][38] Data-Driven Justice - The report identifies significant data challenges within the justice sector, emphasizing the need for standardized data management practices to improve coordination and service delivery [17][38] Modernizing Justice - Digital transformation is a top priority, but the sector lacks a coherent strategy for implementing digital justice services [18][38] - A comprehensive digital strategy is necessary to enhance efficiency and accessibility in the justice system [18][38] Looking Forward - A unified vision for the future of Romania's justice sector is crucial, focusing on responsiveness, equity, and adaptability to new demands [19][38] - Collaborative leadership and increased institutional capacity are essential for addressing complex challenges and ensuring the rule of law [45][38]

ORLD BANK GROUP Leveraging Private Sector Investment in Digital Communications Infrastructure in Eastern Africa World Bank Group July 2024 ic Disclosure Author lic Disclosure Author & 2024 The World Bank Group 1818 H Street NW, Washington, DC 20433 Telephone: +1 202-473-1000; Internet: www.worldbankgroup.org Some rights reserved 1 2 3 4 21 20 19 18 The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of the World Bank Group, its Board of Executive Direct ...