Other ESW Reports

242 items available

Permanent URI for this collection

http://hdl.handle.net/10986/2209

This includes miscellaneous ESW types and pre-2003 ESW type reports that are subsequently completed and released.

Items in this collection

Now showing 1 - 10 of 16

Unlocking Blue Carbon Development: Investment Readiness Framework for Governments

(Washington, DC: World Bank, 2023-09-11) World Bank

The purpose of this paper is to provide a practical framework to guide governments in catalyzing and scaling up public and private investment in Blue Carbon as part of their blue economy development. It does this by describing in detail a Blue Carbon Readiness Framework, a step-by-step, well-illustrated guide with simple checklists. Client countries can use the illustrations and checklists to determine their readiness to catalyze and scale up investment in blue carbon credit finance. The Blue Carbon Readiness Framework consists of three pillars: 1. Data and Analytics; 2. Policy and Institutions; 3. Finance.
The Leaders of the Twin Transition in Asia: Mapping Capabilities through Digital and Green Patents

(Washington, DC: World Bank, 2023-08-17) World Bank

This report examines how technology affects digital and green transitions in 128 cities across 17 Asian countries. It identifies cities that lead, follow, or have the potential to develop green and digital technologies using patent data analysis. Relatedness Density maps are produced for each digital and green technology, indicating the level of potential and the relative position each city has to develop Twin Transition technologies. A complementarity indicator is used to identify potential partner cities that can provide complementary capabilities to a city to develop green or digital technology. The analysis finds that digital and green technologies are not necessarily closely associated with each other, though some technologies can be used for both, such as smart grids. Furthermore, digital capabilities affect the development of both digital and green technologies. Based on the findings, the research suggests cities need to consider the relative strengths of their technologies instead of following a 'one-size-fits-all' approach, and cities need to target partners cities that can offer complementary capabilities to enable the green and digital transitions.
From Concept to Action: Boosting Resilience in Africa - Lessons Learned from the Resilience Booster Tool

(Washington, DC: World Bank, 2023-06-30) Rigaud, Kanta Kumari ; Arora, Anmol ; Singh, Anna Gayatri

This Lessons Note analyzes project reports and outputs to identify the value addition of resilience efforts, with a special focus on the Resilience Booster Tool. The AFRI-RES grantee projects covered 20 projects spanning 21 countries in Africa3 and eight Global Practices (GPs), benefitting a wide cross-section of stakeholders. A streamlined set of recommendations provide lessons learned from the Resilience Booster’s application to Round II AFRI-RES grantee projects and suggest approaches for improving its application going forward.
PPP Project Screening and Analytics Tool (PSAT 2.0) User Guide

(Washington, DC, 2023-06-01) World Bank

Lack of fiscal space and the quest for better efficiency in projects and programs have led to increasing interest in public-private partnerships (PPPs) globally. PPPs are more complex than similar publicly procured projects and require upfront project development expenses that could be significant. Therefore, public entities seek to understand as much as possible about each project before undertaking expensive studies, project structuring, and procurement, which brings to the fore the need for good upstream project selection techniques and methodologies. A review of early-stage PPP screening practices in various countries indicates that a mix of drivers determines PPP project success, often making it difficult for policy makers and practitioners to understand and select projects for further development as PPPs. Complete reliance on quantitative criteria has not worked well, with the result that in the past few years, countries have been opting to combine these with qualitative aspects. Often, screening methodologies have been created based on a country’s policy drivers and areas of focus. Although countries follow different methodologies for screening projects, there are certain common principles used by all. The PPP Project Screening and Analytics Tool (PSAT, or Tool) 2.0 is a Microsoft Excel Visual Basic–based decision-making tool that can be used by countries for the screening and prioritizing of climate resilient PPP projects. The Tool was developed by the Infrastructure Finance, Public-Private Partnerships and Guarantees global practice (IPG) at the World Bank. In 2023 climate change parameters were integrated into the tool and this user manual was updated accordingly. This document is a detailed guide that provides step-by-step instructions on the use of the PSAT 2.0. The User Guide also delves into the mechanics of the PSAT 2.0 and guides the user to customize the Tool to cater to specific requirements.
The Big Push for Transformation through Climate and Development: Recommendations of the High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth

(Washington, DC: World Bank, 2023-02) World Bank Group ; International Monetary Fund ; London School of Economics and Political Science ; Brookings Institution

This report makes the case for a big investment push for EMDEs’ sustainable recovery and development, assesses the magnitude and composition of such investment, presents actions needed for an energy transition, looks at the role that innovations and state capacity can play in facilitating GRID, and proposes actions that governments, the private sector, MDBs, the IMF, and donors can undertake to mobilize financing at the large scale needed. The report summarizes the insights derived from the meetings of the High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth, jointly led by Mari Pangestu, Ceyla Pazarbasioglu, and Nicholas Stern, and composed of experts from research institutions, the private sector, and governments, as well as senior World Bank Group and IMF staff members. The work of the HLAG, and thus this report, focuses on EMDEs and delves in greater depth into climate investment and financing, particularly for energy transition, as it is a less researched area. While doing so, it recognizes that policy and investment decisions in high-income countries, which accounted for only 16 percent of the global population in 2019 and yet for 32 percent of total greenhouse gas emissions (World Bank 2023a, 2023b), will be critical to whether the Paris Agreement goals can be reached. It also recognizes that these countries must play a key role in contributing financially to EMDEs’ transition to low-carbon economies.
Watershed Management and Landscape Restoration Opportunities Assessment for Sioni Reservoir Watershed System in Georgia

(Washington, DC, 2022-10) World Bank

This assessment report presents the results of a study focused on the Sioni Reservoir watershed, which is subject to seasonal sediment loads affecting the sustainability of water for hydropower generation and irrigation. The study reveals the major causes of landscape degradation within target watershed and sediment loads to the Sioni Reservoir affecting the suitability of water for irrigation and the lifetime of the dam. The study also identifies the main interventions for landscape restoration and provides a brief analysis of the institutional and policy gaps and recommendations that are applicable for other watersheds in the region as well.
Testing the Resilience of the Turkish Cypriot Economy: A Macroeconomic Monitoring Note - Special Issue : Enhancing Competitiveness and Promoting Economic Integration

(World Bank, Washington DC, 2022-03) World Bank

The Turkish Cypriot economy (TCe) has struggled to recover since the onset of the COVID-19 pandemic in early 2020. With a contraction of 16.2 percent in GDP in 2020, when the COVID-19 pandemic first took hold, the TCe experienced the most severe recession in its history, and the most severe recession among the economies of Europe. Moreover, just as other economies were beginning to recover, in 2021 the TCe underwent a phase of exceptional political uncertainty and numerous exogenous shocks, testing its resilience. With the emergence of new variants of the virus, the COVID-19 pandemic continued to adversely impact the TCe throughout 2021, with cases reaching a new peak at the end of 2021 despite the Turkish Cypriot (TC) administration’s efforts to prevent the spread of the virus, together with its support for the health system, households, and companies. Furthermore, a new record low in average precipitation in 2021, a series of earthquakes at the beginning of 2022, and weak energy security, with a recent series of power outages experienced across the island, have all revealed the intrinsic vulnerabilities of the island to climate change and natural disasters. Building a competitive private sector would require reforming business regulations and procedures that are under the mandate of the TC administration, and that should be aligned with international best practices and the EU Acquis, irrespective of the broader context of the political economy. Special attention should be devoted to the regulation concerning imports and GL trade. Pre-permits and licenses imposed by the TC administration on imports, on top of regulatory uncertainty and other cumbersome procedures, contribute to increasing prices, penalizing consumers, and eroding domestic competitiveness. A dialogue framework between GC and TC private sectors could be established to support solutions to the long-standing constraints that have been impeding business cooperation across the GL, for the benefit of all Cypriots.
Assessing Financial Risks from Physical Climate Shocks: A Framework for Scenario Generation

(Washington, DC: World Bank, 2022-02-01) Ranger, Nicola Ann ; Mahul, Olivier ; Monasterolo, Irene

Climate change has become a main concern of ministries of finance, central banks, and financial regulators. In response, a suite of scenarios and tools have been developed tthe potential scale of climate risks and underprice investments in resilience. This is particularly important for emerging markets and developing economies where exposure to physical climate risks is already high and is expected to further increase with climate change. The paper identifies five areas, or risk drivers, that make a material contribution to physical climate risks to the financial sector and that are not consistently included in current scenarios and tools: (1) extreme weather events; (2) uncertainties in climate models; (3) compound scenarios; (4) indirect economic impacts of shocks; and (5) feedback between the real economy and the financial sector. We derive a framework for generating scenarios to assess acute physical climate-related financial risks, which is inspired by the “Realistic Disaster Scenarios” that are used in risk management and supervision in the insurance sector. The framework is illustrated through an application of the EIRIN macroeconomic model. This framework aims to complement recent work by the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) and the Financial Stability Board (FSB) to inform ministries of finance, central banks, financial regulators, and financial institutions on climate financial risk assessments, both for micro- and macroprudential risk management, and to incorporate climate risks into wider financial decision making and disclosures.o assess the financial risks from physical climate shocks (for example, hurricanes, droughts, wildfires, flooding). However, those scenarios do not fully capture such shocks, which could lead financial institutions to underestimate.
Inclusive Approaches to Disaster Risk Management: A Qualitative Review

(World Bank, Washington, DC, 2022-02) World Bank

This report presents a qualitative review of inclusive approaches to disaster risk management (DRM)—a part of the first stocktaking exercise that the Global Facility for Disaster Reduction and Recovery (GFDRR) conducts to assess lessons learned and generate knowledge to help mainstream inclusive approaches and strategies across GFDRR activities. The findings are based on a literature review, analysis of portfolio data, and internal consultations with World Bank task team leaders of GFDRR-funded activities. The reviewed literature includes GFDRR project documentation and knowledge products, World Bank operational documents and research findings, and relevant publications from other scholars and organizations. The stocktaking exercise emphasizes gender, disability-inclusive DRM, citizen engagement, and community participation. It will help create a framework for GFDRR engagement on inclusive DRM and inform development of an inclusive DRM work plan for implementation beginning in fiscal year 2022. As such, GFDRR’s work in these areas reflects its commitment to the World Bank Group’s Gender Strategy 2016–2023 (World Bank Group 2015), the Disability Inclusion and Accountability Framework (World Bank 2018), and the Strategic Framework for Mainstreaming Citizen Engagement in World Bank Group Operations.
South Africa - Financial Sector Assessment

(Washington, DC: World Bank, 2022-01-01) World Bank

The South African financial system has weathered the shock of COVID-19 but faces growing risks emanating from a weak macroeconomic outlook. The pandemic crisis hit South Africa hard, with nonresident capital outflows accelerating and the domestic and global slowdown precipitating a6.4 percent GDP contraction in 2020. A brief period of liquidity stress was managed with new central bank facilities and a lowering of liquidity requirements; and banks proved resilient thanks to sound capital and liquidity buffers. Asset management and pension assets saw falling valuations, but redemption pressures quickly dissipated as markets stabilized. The intensification of the sovereign financial system nexus emerging from the crisis poses risks going forward, and a resurgence of the pandemic could deteriorate asset quality. Banks are resilient in the FSAP’s baseline; however, amedium-term adverse stress scenario would cause a significant decline in capital although most banks would remain sufficiently capitalized. Under stress, banks could face some liquidity gaps, particularly at very short maturities, highlighting the importance of continued close monitoring. The impact of COVID-19 on insurers has thus far been contained, but prudential rules should be strengthened to ensure the measure of capital is sufficiently robust.