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Publication Regional Poverty and Inequality Update Latin America and the Caribbean: October 2024(Washington, DC: World Bank, 2024-12-20) World BankThis brief summarizes the main trends related to poverty and inequality in Latin America and the Caribbean (LAC) using the latest round of harmonized household surveys from the Socio-Economic Database for Latin America and the Caribbean (SEDLAC) created by the World Bank and the Centro de Estudios Distributivos, Laborales y Social (CEDLAS). This brief was produced by the Poverty and Equity Global Practice in the Latin America and Caribbean Region of the World Bank.Publication Sex-disaggregating Tax Administrative Data: Experience from Colombia’s Tax and Customs Authority(Washington, DC: World Bank, 2024-12-06) Gamboa, Luis Fernando; Reyes, Luis Carlos; Tribin, Ana Maria; Komatsu, HitomiThis Knowledge Note aims to document National Tax and Customs Authority's (DIAN’s) experience in sex-disaggregating income taxpayer data and provide examples of the use of disaggregated data for policy analysis. It offers lessons for other revenue authorities and government agencies planning to sex-disaggregate and analyze administrative tax data. It summarizes the institutional strategies, methodologies used, and challenges encountered in this process based on interviews with experts and government officials. We use the term “sex” to mean biological sex at birth unless explicitly stated otherwise.Publication Manual de Analítica Gubernamental: Aprovechar los datos para fortalecer la Administración Pública(Washington, DC: World Bank, 2024-11-26) Rogger, Daniel; Schuster, ChristianEl Manual de Analítica Gubernamental (Government Analytics Handbook) presenta evidencia innovadora e ideas de profesionales sobre cómo aprovechar los datos para fortalecer la administración pública. Abarca una amplia gama de fuentes de microdatos —como datos administrativos y encuestas de empleados públicos—, así como herramientas y recursos para realizar los análisis, para transformar la capacidad de los gobiernos para adoptar un enfoque basado en datos para diagnosticar y mejorar el funcionamiento de las organizaciones públicas. Esta versión ha sido traducida por el Centro Latinoamericano de Administración para el Desarrollo (CLAD) y contiene una selección de siete capítulos que abordan temas fundamentales para América América Latina y el Caribe.Publication The State of Economic Inclusion Report 2024: Pathways to Scale(Washington, DC: World Bank, 2024-11-20) Arévalo-Sánchez, Inés; Heisey, Janet; Chaudhary, Sarang; Clay, Timothy; Strokova, Victoria; Vasudeva Dutta, Puja; Andrews, ColinThe State of Economic Inclusion Report (SEI) 2024 explores efforts to scale up economic inclusion programs - bundles of coordinated, multidimensional interventions that support individuals, households, and communities to sustainably increase their incomes and assets - in the context of overlapping crisis. These programs transform the economic lives of the poorest and most vulnerable people, building their resilience and creating job opportunities. The report features data from 405 programs across 88 countries, benefiting over 70 million individuals either directly or indirectly. This marks almost doubling in the number of programs and nearly a 50 percent increase in coverage since the SEI 2021 report. Governments continue to lead in scaling up these economic inclusion programs, covering nearly three-fourths of program participants. However, non-governmental programs have also significantly contributed to the increase in coverage in recent years, in addition to serving as both service providers and capacity building providers for governments. The report offers five important contributions: 1) Positioning economic inclusion programs as crucial for building resilience and providing job opportunities for the poor and vulnerable in the face of overlapping crises. 2) Analyzing the global landscape over the past three years, highlighting the extent to which economic inclusion programs are being customized for diverse contexts and groups, including a cross-cutting focus on gender. 3) Reviewing progress and challenges in the design and implementation of government-led programs, including the interplay with communities, non-governmental organizations, and the private sector. 4) Examining the emerging agenda of designing economic inclusion programs to enhance the long-term climate resilience of poor and vulnerable individuals and communities. 5) Featuring three spotlights that unpack emerging evidence from government-led programs, customization strategies targeting youth, and the increasing role of digital tools and technologies in program delivery. Data from the report are available on the PEI Data Portal (www.peiglobal.org).Publication International Centre for Settlement of Investment Disputes (ICSID) 2024 Annual Report(Washington, DC: World Bank, 2024-11-05) International Centre for Settlement of Investment DisputesThe International Centre for Settlement of Investment Disputes (ICSID) has evolved significantly over the past fifteen years. Demand for ICSID’s services has grown in concert with an increase in foreign investment and an expanding network of international investment agreements. By leveraging new technologies and modernizing procedural rules, ICSID has ensured world-class quality and efficiency in its case administration services. The sustained growth in membership has been a testament to the value States place in ICSID as the only global institution dedicated to international investment dispute settlement. The 2024 fiscal year (FY2024) saw strong demand for ICSID’s services, with the second-highest number of registered and administered cases in ICSID’s history. Also notable over the fiscal year was the sustained progress in enhancing the diversity of arbitrators, conciliators, and ad hoc committee members appointed to ICSID cases. This includes: a record 49 nationalities were represented amongst the appointments made in FY2024; 29 percent of all appointments involved women; 50 percent percent of first-time appointees involved nationals of low- or middle-income economies. Additional highlights in FY2024 include a record number of concluded proceedings, as ICSID continues to work with tribunals and parties to reduce the time of cases. Also, for the first time, a Regional Economic Integration Organization - the European Union was a party to an ICSID proceeding.Publication MIGA Annual Report 2024(Washington, DC: Multilateral Investment Guarantee Agency, 2024-10-31) Multilateral Investment Guarantee AgencyIn fiscal year 2024 (FY24), the Multilateral Investment Guarantee Agency (MIGA) issued a record $8.2 billion in new guarantees across 40 projects. Through these projects,MIGA remained focused on encouraging private investment to facilitate economic development in host countries by helping clients manage and mitigate noncommercial risks. In FY24, 95 percent of the 40 projects supported at least one of MIGA’s strategic priority areas: Its commitment to International Development Association (IDA)–eligible countries was substantial, supporting 26 projects (65 percent of total projects supported). MIGA’s engagement in fragile and conflict-affected situations (FCS) was also notable, supporting 10 projects, representing 25 percent of the total projectssupported. And climate finance initiatives were a significant focus this year, with MIGA issuing guarantees for 30 projects (representing 75 percent of the total projects). As a result, the FY24 issuances are expected to achieve the following: Provide 2.2 million people with access to mobile internet; add 12.2 million new subscribersto mobile money services; generate $657.8 million in tax revenueper year to host governments; and avoid more than 647,000 metric tons ofcarbon dioxide (CO2) emissions annually.Publication Remarks by World Bank Group President Ajay Banga at the 2024 Annual Meetings Plenary(Washington, DC: World Bank, 2024-10-28) Banga, AjayIn his speech at the 2024 Annual Meetings Plenary, World Bank Group President Ajay Banga highlighted the organization's achievements over its 80-year history and outlined its future direction. He emphasized the dual focus on reconstruction and development, reflecting on the World Bank's origins and its evolving role in addressing global challenges such as poverty, climate change, conflict, and pandemics. Banga discussed the need for the World Bank to be faster, simpler, and more impact-oriented. He noted improvements in project approval times, streamlined processes, and enhanced collaboration with other multilateral development banks. He also highlighted the importance of measurable outcomes and increased lending capacity to maximize the institution's impact.Publication Business Ready 2024(Washington, DC: World Bank, 2024-10-03) World BankBusiness Ready (B-READY) is a new World Bank Group corporate flagship report that evaluates the business and investment climate worldwide. It replaces and improves upon the Doing Business project. B-READY provides a comprehensive data set and description of the factors that strengthen the private sector, not only by advancing the interests of individual firms but also by elevating the interests of workers, consumers, potential new enterprises, and the natural environment. This 2024 report introduces a new analytical framework that benchmarks economies based on three pillars: Regulatory Framework, Public Services, and Operational Efficiency. The analysis centers on 10 topics essential for private sector development that correspond to various stages of the life cycle of a firm. The report also offers insights into three cross-cutting themes that are relevant for modern economies: digital adoption, environmental sustainability, and gender. B-READY draws on a robust data collection process that includes specially tailored expert questionnaires and firm-level surveys. The 2024 report, which covers 50 economies, serves as the first in a series that will expand in geographical coverage and refine its methodology over time, supporting reform advocacy, policy guidance, and further analysis and research.Publication Investment Framework for Nutrition 2024(Washington, DC: World Bank, 2024-09-23) Shekar, Meera; Shibata Okamura, Kyoko; Vilar-Compte, Mireya; Dell’Aira, ChiaraIn 2017, the Investment Framework for Nutrition set the stage for transformative nutrition investments, culminating in strong donor and country commitments at the 2021 Tokyo Nutrition for Growth (N4G) Summit. Now—with only six years left until the Sustainable Development Goals (SDGs) end date of 2030—the world is facing polycrises, including food and nutrition insecurity; climate shocks; fiscal constraints; and rising rates of overweight, obesity, and noncommunicable diseases in low- and middle-income countries. Despite a 44 percent decline in child stunting between 1990 and 2022, global progress is insufficient, as increasing anemia rates among women of reproductive age as well as stagnating rates of child stunting, wasting, low birthweight, and rising obesity among children and adults persist. Nutrition is a marker of human capital, and both obesity and undernutrition are key contributors to the Human Capital Index. As we approach the 2025 Paris N4G, investing to address global nutrition challenges has become more critical than ever. Investment Framework for Nutrition 2024 broadens the focus of the 2017 Investment Framework for Nutrition to include low birthweight and obesity, and it adds policy considerations, operational guidance for country-level implementation, and gender and climate change perspectives. Financially, an additional $13 billion is needed annually to scale up a discrete set of evidence-based nutrition interventions to 90 percent coverage ($13 per pregnant woman and $17 per child under age five per annum), with the largest needs in South Asia (34 percent of total global needs) and Sub-Saharan Africa (26 percent of total needs). These investments need to be complemented with a strategically designed package of policies to influence consumer preferences by modifying the social and commercial determinants of health and dietary behaviors. The economic benefits of scaling up nutrition investments far outweigh the costs and offer substantial returns on investment. Innovative financing mechanisms—including responsible private sector engagement and climate funds, together with measures to enhance the efficiency of the existing financing—are vital to bridge the funding gap. A global effort is essential now to renew financial commitments, explore new funding avenues, and drive nutrition-positive investments—with the ultimate goal of enhancing health, human capital, economic growth, and sustainability.Publication Recipe for a Livable Planet: Achieving Net Zero Emissions in the Agrifood System(Washington, DC: World Bank, 2024-09-20) Sutton, William R.; Lotsch, Alexander; Prasann, AsheshThe global agrifood system has been largely overlooked in the fight against climate change. Yet, greenhouse gas emissions from the agrifood system are so big that they alone could cause the world to miss the goal of keeping global average temperatures from rising above 1.5 centigrade compared to preindustrial levels. Greenhouse gas emissions from agrifood must be cut to net zero by 2050 to achieve this goal. Recipe for a Livable Planet: Achieving Net Zero Emissions in the Agrifood System offers the first comprehensive global strategic framework to mitigate the agrifood system’s contributions to climate change, detailing affordable and readily available measures that can cut nearly a third of the world’s planet heating emissions while ensuring global food security. These actions, which are urgently needed, offer three additional benefits: improving food supply reliability, strengthening the global food system’s resilience to climate change, and safeguarding vulnerable populations. This practical guide outlines global actions and specific steps that countries at all income levels can take starting now, focusing on six key areas: investments, incentives, information, innovation, institutions, and inclusion. Calling for collaboration among governments, businesses, citizens, and international organizations, it maps a pathway to making agrifood a significant contributor to addressing climate change and healing the planet.