Investment Rating - The report does not explicitly provide an investment rating for the industry under discussion Core Insights - The paper examines the role of additionality for environmental integrity under Article 6.2 approaches, emphasizing that additionality may serve as a risk management tool rather than a binary decision-making criterion [8][9][12] - It highlights the importance of ensuring that internationally transferred mitigation outcomes (ITMOs) do not lead to a net increase in global emissions, aligning with Nationally Determined Contributions (NDCs) [9][10][36] - The report suggests that the host country must assess and decide how much and which mitigation outcomes it wishes to sell to achieve its NDC commitments without overselling [39] Summary by Sections 1. Introduction - Article 6.2 approaches must contribute to achieving NDCs while ensuring environmental integrity [9] - Environmental integrity is defined as the ability to transfer mitigation outcomes without increasing global emissions [9] 2. Role of Additionality in Earlier Market-Based Mechanisms - Additionality has historically been judged as a yes/no dichotomy, with methods varying across mechanisms like Joint Implementation (JI) and Clean Development Mechanism (CDM) [8][12] - The report discusses how additionality testing has evolved and its implications for current mechanisms [12][15] 3. Considerations for the Role of Additionality for Article 6.2 Approaches - The report analyzes the characteristics of Article 6.2 in comparison to other market mechanisms, noting its similarities with JI and International Emission Trading (IET) [25][27] - It emphasizes that additionality should not be a strict requirement but rather a tool for managing risks associated with overselling and ensuring environmental integrity [31][33] 4. Relationship between Environmental Integrity and Additionality for Article 6.2 - Environmental integrity under Article 6.2 is broader than additionality under CDM, focusing on the alignment of mitigation actions with NDC commitments [37][38] - The report suggests that if NDCs are rigorously defined, additionality testing may not be necessary for A6.2 actions [37] 5. Transition Period to Streamlined Additionality - The report proposes a transition period where activity-specific methods are used to define a below-BAU scenario as the baseline/reference level [43][44] - It advocates for continuous improvement of NDCs and regular updates to enhance transparency and ambition in the context of A6.2 activities [44]

Investment Rating - The report does not explicitly provide an investment rating for the World Bank Group's activities in Cambodia Core Insights - The World Bank Group (WBG) is perceived as a long-term partner in Cambodia, with improved ratings for flexibility, openness, responsiveness, and staff accessibility compared to previous years [34][41] - Stakeholders from the private sector have more positive perceptions of the WBG, particularly regarding its effectiveness and influence [22][23] - Familiarity with the WBG has significantly increased among respondents, with a mean familiarity rating of 6.7 in FY24 compared to 5.8 in FY21 [15][18] Summary by Sections Overall Context - Stakeholders emphasize the need for the WBG to promote inclusive dialogue and shift its focus beyond poverty reduction as Cambodia transitions to an upper middle-income country [11] Key Indicators - The WBG's relevance to development in Cambodia received high ratings, with significant improvements noted in its perceived effectiveness in shaping development policy and achieving results [20] Development Priorities - In FY24, education, jobs, and agriculture/food security emerged as top priorities for WBG focus, with increased emphasis on climate change and social protection compared to FY21 [31] Engagement on the Ground - The WBG is seen as effectively collaborating with the national government and other development partners, with calls for increased collaboration with sub-national governments and the private sector [41][45] Financial Instruments and Knowledge Work - Respondents value the WBG's knowledge and analytical products highly, with 48% indicating these as the most valuable, followed closely by financial resources at 46% [50] Future Role of the World Bank Group - Stakeholders suggest that the WBG should align more closely with the Royal Government's strategies and expand support for sub-national government activities to address urban-rural poverty gaps [60] Communication and Outreach - There is a need for better communication channels and increased awareness of the WBG's work among the general population [61] Sample Demographics and Methodology - The survey included 410 potential participants, achieving a 45% response rate with a diverse representation from various sectors, including government institutions and civil society organizations [8][9]

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The study investigates the impact of export changes on labor market outcomes in Vietnam, focusing on both direct and indirect effects through supply chain linkages [6][12][57] - Findings indicate that both direct and indirect exposure to exports significantly enhance wages and employment while reducing inactivity and inequality [23][57] - The analysis highlights that wage premiums for college education decrease and the gender wage gap narrows as a result of increased export exposure [23][57] Summary by Sections Introduction - The report discusses the integration of developing nations into global trade and its implications for labor markets, particularly in Vietnam, which has experienced significant export-led growth [10][16] Conceptual Framework - A shift-share approach is utilized to assess the effects of trade shocks on labor markets, focusing on total export receipts exposure rather than just direct export exposure [25][56] Data - The analysis combines data from UN COMTRADE, input-output tables, and Vietnam's Labor Force Survey from 2010 to 2019 to evaluate labor market outcomes [28][30] Identification - The empirical strategy employs a two-stage least squares regression model to analyze the relationship between export exposure and labor market outcomes, controlling for various demographic factors [38][41] Results - **Impact on Wages**: Direct exposure leads to a US$32.5 increase in annual wages for every US$1,000 rise in direct exposure, while indirect exposure results in a US$31.14 increase [43] - **Impact on Employment**: Total exposure increases the likelihood of employment by 0.2 percentage points for every US$1,000 increase, with indirect exposure showing a more significant effect [45] - **Heterogeneity by Education**: Workers with lower education levels see greater employment gains, while college graduates experience a decrease in employment likelihood with increased export exposure [46][48] - **Heterogeneity by Economic Sector**: Employment gains are most pronounced in the Household Farm sector, while wage increases are notable in the Household Business sector [49] - **Heterogeneity by Income Level**: The lowest income quantile experiences the most significant wage improvements, with employment opportunities increasing across all income levels [50] Conclusion - The report concludes that both direct and indirect export exposure significantly influence labor market dynamics in Vietnam, highlighting the importance of supply chain connections in understanding these effects [56][58]

This document is not final and may be subject to change in the future. User Manual · Apply to become a Football Agent This user manual will explain the main functionalities of the FIFA Agent Platform. You will learn how to perform various actions in the platform, such as registering on the FIFA Agent Platform, applying for a licence and checking the status of your application. Overview 1. Main page 2. Registration 3. Login 4. Home page 5. Licensing 6. Exam 7. Help Centre Main page To access the platform, yo ...

Investment Rating - The report emphasizes the necessity for midcap companies to undertake transformations to enhance their performance and impact on the economy, indicating a positive investment outlook for those willing to adapt and innovate [2][3]. Core Insights - Midcap companies, defined as those with revenues between $200 million and $2 billion, represent approximately 30% of global GDP and employ nearly 40% of the global workforce, highlighting their significance in the economy [2][3]. - The report identifies seven key challenges faced by midcap companies, including limited access to talent, innovation, and capital, as well as a lack of experience in managing change programs [3][4]. - Successful transformations require setting bold aspirations and a clear purpose, which should resonate throughout the organization to mobilize efforts effectively [4][5]. - The importance of creating a fact base through data and benchmarking is emphasized, as it helps organizations understand their performance and identify areas for improvement [5][6]. - Aligning incentive structures with transformation goals is crucial, as it motivates employees and ensures that initiatives are valued and recognized [5][6]. Summary by Sections Challenges Faced by Midcap Companies - Midcap companies struggle with assessing their full potential due to unclear peer sets and often lack diversification, making them vulnerable to market disruptions [2][3]. - Governance issues arise from the close ties between management and ownership, complicating the setting of priorities [3][4]. Strengths of Midcap Companies - Midcap companies possess advantages such as organizational agility, deep expertise in specific segments, and a strong employee culture that fosters loyalty [4][5]. Key Factors for Successful Transformation - Establishing a bold aspiration and purpose is essential for driving transformation efforts [4][5]. - Companies should prioritize initiatives and tackle them in waves to manage limited leadership resources effectively [9][10]. - Investing in talent and technology, particularly in areas like generative AI, can significantly enhance operational efficiency and competitive positioning [6][9]. Governance and Strategic Planning - As midcap companies evolve, governance structures may need to adapt, especially when preparing for public offerings or significant growth phases [7][8]. - Scenario planning and stress-testing business models are recommended to ensure resilience against market fluctuations [8][10].

Public Disclosure Authorized Policy Research Working Paper 10864 Measuring Legislative Predictability The Case of the Kingdom of Jordan and Implications for the MENA Region Mihály Fazekas Dominik Brenner Peter Ladegaard Public Disclosure Authorized Public Disclosure Authorized Governance Global Practice August 2024 Public Disclosure Authorized Policy Research Working Paper 10864 Abstract Laws and regulations represent a central tool for governments to achieve policy objectives, and they also represent a fun ...

Investment Rating - The report does not explicitly provide an investment rating for the industry or Prudential plc Core Insights - Prudential plc is undergoing a customer-centric transformation driven by digital transformation, with a focus on data and artificial intelligence as key enablers while maintaining the importance of human interaction [1][3] - The company aims to enhance customer experiences through personalized, proactive, and efficient services, leveraging data-driven insights to drive sustainable growth across global markets [3][4] - AI is recognized as a transformative force in the service industry, simplifying processes, enhancing customer interactions, and improving operational efficiency [4][5] Summary by Sections Customer-Centric Transformation - Prudential is prioritizing customer-centricity by establishing a new customer function to centralize data-driven approaches and enhance customer experiences [3][6] - The company emphasizes the importance of a customer-centric culture, requiring a shift in mindset, skill set, and tool set among employees [6][8] Role of Data and AI - Prudential has been leveraging AI and data analytics for several years to improve decision-making, manage risks, and enhance customer experiences [4][5] - The company is building a unified data platform to gain a comprehensive view of customers, ensuring consistent data governance across its 24 markets [8][9] Employee Engagement and Training - Prudential is focusing on equipping employees with the necessary skills and tools to effectively serve customers, including internal training and attracting external talent [6][7] - The company encourages staff to engage directly with customers to gather feedback and insights, fostering a culture of customer-centricity [9]

2 – 8 August 2024 China Retail & E-commerce Weekly Update I. Sector Review..............................................................................................................2 Internet & E-commerce................................................................................................2 Taobao and Tmall test after-sales negotiation tools to help merchants reduce refund rates...................................................................................................................... ...

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The Republic of Armenia (RoA) has committed to adopting the OECD Crypto-Asset Reporting Framework (CARF) and aims to initiate the first automatic exchange of information by 2027, necessitating domestic legislation [12][20] - Currently, there are no specific provisions for crypto assets in the RoA's tax code, leading to uncertainty in tax treatment and valuation of crypto asset transactions [13][21] - The mission team provided a structured risk assessment template to the State Revenue Committee (SRC) to identify gaps in tax compliance related to crypto assets [14][39] Summary by Sections Executive Summary - The RoA's commitment to CARF requires the enactment of domestic legislation to facilitate automatic information exchange by 2027 [12] Recommendations - Finalize and document the Risk Assessment on Crypto Assets by July 2024 [19] - Review the draft law to ensure comprehensive coverage of crypto-asset-related activities by December 2024 [19][48] - Implement a step-by-step roadmap for the new laws once passed [19] Background - The RoA has committed to CARF and must enact domestic legislation to fulfill its obligations [20] - The SRC has drafted amendments to the tax code, which are under peer review by OECD experts [20][24] Key Issues - The lack of clarity in the current tax code leads to inappropriate tax outcomes for crypto asset transactions [33] - The SRC has identified gaps in the current tax framework and the need for reliable data to enforce tax compliance [41] Proposed Legal Framework - The SRC's draft amendments include provisions for tax obligations, rates, and reporting requirements, aligning with the forthcoming "RoA Law on Crypto-assets" [43][44] - Close coordination between the SRC and the Central Bank of Armenia (CBA) is essential for effective implementation [44] Next Steps - The SRC aims to close identified gaps to enhance the effectiveness of the RoA's tax framework and ensure compliance with CARF [26] - The mission team emphasized the importance of understanding the technical aspects of crypto asset transactions for effective law design [22][40]

Investment Rating - The report does not explicitly provide an investment rating for the industry or specific companies [1]. Core Insights - The Reserve Bank of New Zealand (RBNZ) has lowered its policy rate forecast for 2024 and 2025, now expecting a 25 basis points cut in both October and November meetings, totaling 175 basis points of cuts in 2025 [3]. - Inflation forecasts have been slightly increased for Canada, Hungary, the Philippines, and Brazil [3]. Economic Forecasts Summary - **United States**: Real GDP growth forecast for 2024 is 2.5%, with CPI at 2.9% and a fiscal balance of -6.9% [6]. - **Japan**: Real GDP growth forecast for 2024 is 0.0%, with CPI at 2.5% and a fiscal balance of -3.5% [6]. - **Canada**: Real GDP growth forecast for 2024 is 0.8%, with CPI at 2.6% and a fiscal balance of -1.2% [6]. - **Eurozone**: Real GDP growth forecast for 2024 is 0.6%, with CPI at 2.4% and a fiscal balance of -2.9% [6]. - **China**: Real GDP growth forecast for 2024 is 4.9%, with CPI at 0.4% and a fiscal balance of -4.6% [6]. - **India**: Real GDP growth forecast for 2024 is 7.0%, with CPI at 4.3% and a fiscal balance of -7.9% [6]. - **Latin America**: Real GDP growth forecast for 2024 is 1.9%, with CPI at 28.5% and a fiscal balance of -5.6% [6]. Global Assumptions - The EUR/USD exchange rate is projected to be 1.08 by the end of 2024 and 1.10 by the end of 2025 [7]. - The average Brent oil price is expected to be $84.0 in 2024 and $80.0 in 2025 [7].