FY 2024 Brazil Country Opinion Survey Report

Investment Rating - The report does not explicitly provide an investment rating for the industry. Core Insights - The World Bank Group (WBG) is perceived as increasingly effective in Brazil, with significant improvements in trust and familiarity among stakeholders compared to previous years [14][19][59]. - Stakeholders prioritize education, social protection, and climate change as key areas for WBG focus, reflecting a shift in development priorities over the past three years [49][50]. - Familiarity with the WBG correlates with more positive perceptions of its effectiveness and relevance in Brazil [25][26]. Summary by Sections Objectives - The survey aims to understand stakeholder perceptions of the WBG, focusing on familiarity, effectiveness, development priorities, and communication preferences [6]. Methodology Overview - The survey was conducted from February to May 2024, with a response rate of 19% from 858 potential participants, totaling 159 respondents [8]. Overall Context - Respondents emphasized the need for the WBG to prioritize reducing inequalities and enhancing collaboration among various sectors [11]. Overall Attitudes Toward the World Bank Group - The WBG received high trust ratings, particularly from academia and civil society, with an overall mean trust rating of 8.0 [19][30]. Key Performance Indicators - In FY24, the WBG's effectiveness ratings improved significantly across various indicators, including its role in development and alignment with Brazil's priorities [22][24]. World Bank Group's Support for Development Areas - Education remains the top priority for stakeholders, followed by social protection and climate change, indicating a shift in focus compared to FY19 [49]. Effectiveness of WBG's Sectoral Support - The WBG's work in environmental management and sanitation received the highest effectiveness ratings, with notable improvements in gender equity and social protection ratings compared to FY19 [50][52]. World Bank Group's Engagement on the Ground in Brazil - The WBG is increasingly viewed as an effective partner, with high ratings for accessibility and responsiveness, particularly from subnational governments [59][60]. World Bank Group's Financial Instruments and Knowledge Work - Financial resources are considered the most valuable aspect of the WBG's support, with a significant emphasis on technical assistance and implementation support [87][90]. Conclusion - The report highlights a positive trend in stakeholder perceptions of the WBG's effectiveness and relevance in Brazil, with a clear call for increased collaboration and focus on key development areas [78][86].