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Publication
Morocco Country Climate and Development Report
(World Bank, Washington, DC, 2022-10) World Bank GroupClimate change poses a serious threat to Morocco’s economic growth and human potential but with the right investments and policies in place, a more sustainable future is possible. A new World Bank diagnostic tool, The Country Climate and Development Report explores the linkages between climate and development and identifies priority actions to build resilience and reduce carbon emissions, while supporting economic growth and reducing poverty. The Morocco climate report identifies three priority areas – tackling water scarcity and droughts; enhancing resilience to floods; and decarbonizing the economy. The report also looks at the cross-cutting issues of financing, governance, and equity. The underlying message in the report is that if Morocco invests in climate action now and takes the appropriate policy measures, the benefits will be immense. Ambitious climate actions will help to revitalize rural areas, create new jobs and position the Kingdom as a green industrial hub, while also helping Morocco to reach its broader development goals. The report identifies key pathways to decarbonize the economy, reducing reliance on fossil fuels and massively deploying solar and wind power. The report estimates that total investment needed to put Morocco firmly on a resilient and low carbon pathway by the 2050s would be around $78 billion in present dollar value. The good news is that these investments could be gradual and that with the appropriate policies in place, the private sector could shoulder much of the cost. -
Publication
The World Bank Annual Report 2022: Helping Countries Adapt to a Changing World
(Washington, DC : World Bank, 2022) World BankThe Annual Report is prepared by the Executive Directors of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)--collectively known as the World Bank--in accordance with the by-laws of the two institutions. The President of the IBRD and IDA and the Chairman of the Board of Executive Directors submit the Report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors. -
Publication
Unlocking Sustainable Private Sector Growth in the Middle East and North Africa: Evidence from the Enterprise Survey
(Luxembourg City: European Investment Bank; London: European Bank for Reconstruction and Development; Washington, DC: World Bank, 2022) World Bank ; European Bank for Reconstruction and Development ; European Investment BankEconomic growth in the Middle East and North Africa (MENA) has been weak since the global financial crisis of 2007-09 and the Arab Spring of the early 2010s. Achieving higher and sustainable growth is particularly important in view of other economic challenges facing the region: public debt in MENA countries has increased considerably over the last decade, accompanied by declining investment. This report seeks to understand what lies beneath that relatively slow growth, with a particular focus on the reasons for stagnating productivity and inadequate accumulation of human capital and physical capital in the region’s private sector. To this end, the report summarizes the main findings from nine background papers based on enterprise survey data. It also draws conclusions for policy, not only for promoting stronger firm performance, but also for addressing the challenge of climate change by pursuing sustainable growth. -
Publication
Advancing Knowledge of the Water-Energy Nexus in the GCC Countries
(World Bank, Washington, DC, 2022) Jägerskog, Anders ; Barghouti, ShawkiClimate change and increasing population pressure make it increasingly urgent to find ways to improve the management of the water-energy nexus. The desalination, pumping, distribution, and treatment of water use significant energy resources. The extraction and production of energy consume substantial amounts of water resources. In addition, negative effects on the environment are often the consequences of the management of the water and energy sectors. The report highlights the prospects for addressing these and other challenges at the water-energy nexus. It does this by drawing, in part, on some of the most important breakthroughs in the nexus that have come from the region. -
Publication
Plan d’Action de Mohammedia et Ain Harrouda 2022-2027
(Washington, DC, 2022) World BankCe diagnostic a pour objectif de fournir un aperçu rapide des risques liés au changement climatique et aux catastrophes auxquels sont confrontées les communes à travers une évaluation du cadre institutionnel et réglementaire, de l’exposition aux aléas et de la vulnérabilité. Les principaux aléas examinés dans l’étude diagnostique ont été identifiés avec le comité de pilotage de la préfecture, et inclus les inondations, les raz-de-marée, l’élévation du niveau de la mer, l’érosion côtière, les tremblements de terre et les incendies. -
Publication
The World Bank Annual Report 2021: From Crisis to Green, Resilient, and Inclusive Recovery
(Washington, DC: World Bank, 2021-10-01) World BankThe Annual Report is prepared by the Executive Directors of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)--collectively known as the World Bank--in accordance with the by-laws of the two institutions. The President of the IBRD and IDA and the Chairman of the Board of Executive Directors submits the Report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors. -
Publication
Remarks at the Venice Climate Conference
(World Bank, Washington, DC, 2021-07-11) Malpass, DavidWorld Bank Group President David Malpass spoke about the Coronavirus (COVID-19) pandemic and the devastating economic losses. The World Bank Group is providing maximum support to developing economies to respond to the crisis, and working to help them recover in ways that will be sustainable, greener and more prosperous. The Bank Group financing is aligning with the Paris Agreement goals. The Group will help client countries in their efforts to develop and implement their Nationally Determined Contributions and Long-Term Strategies. The Group is enhancing core analytical products such as the recently launched Country Climate and Development Reports and a facility on climate-informed Public Expenditure Reviews. He expressed the need for diagnostics, and a data-driven approach to help prioritize action. There is also need for a parallel effort to protect our natural capital and biodiversity, so that solutions work for people and the planet. IFC and MIGA that are mobilizing private sector financing and helping companies lower their emissions. -
Publication
Remarks at the G7 Leaders’ Summit Media Briefing
(World Bank, Washington, DC, 2021-06-13) Malpass, DavidWorld Bank Group President David Malpass discussed talks with G7 leaders about the World Bank Group’s work on health and preparedness. The World Bank will have approved vaccination programs in over 50 countries by the end of June. He talked about the Bank’s joint work with the African Union’s Africa Vaccine Acquisition Task Team (AVATT) vaccination program. The Bank is convening a task force with the International Monetary Fund (IMF), World Trade Organization (WTO), and World Health Organization (WHO) to help track supplies, coordinate delivery, and accelerate deployment. He noted he would talk with G7 Leaders about the World Bank Group’s work on climate, nature-based solutions, and biodiversity. -
Publication
Remarks at the Leaders’ Summit on Climate
(World Bank, Washington, DC, 2021-04-22) Malpass, DavidDavid Malpass, President of the World Bank, discussed the core plan of the World Bank’s climate change action plan. The World Bank Group has reached its highest-ever levels of climate finance in the past two years. The Bank plan commits to big increases in spending, focused on results, plus active private sector mobilization through International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA), the private sector focused entities. Also, the Bank is aligning the financing flows with the Paris Agreement. The Bank goal is to provide support, and take prompt action, in ways that create the most positive impact toward green, resilient, and inclusive development. -
Publication
Climate Change Institutional Assessment
(World Bank, Washington, DC, 2021-04-14) World BankClimate change poses particularly difficult challenges for public sector institutions. Climate change impacts all sectors of the economy and society. Action to address climate change requires coordination among multiple government and nongovernment actors. The extended time frame over which climate change unfolds requires a capability to plan, implement, and sustain a credible commitment to increasingly ambitious policies over multiple political cycles. There will be winners and losers. Policies may be contested. The Climate Change Institutional Assessment (CCIA) identifies the strengths and weaknesses of the institutional framework for addressing these climate change governance challenges. The audience for the assessment is officials of center-of-government agencies responsible for policy, planning, and finance, agencies with leading roles in climate change policy, and inter-ministerial climate change bodies.
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