Items in this collection

Now showing 1 - 10 of 69
  • Publication
    World Bank Annual Report 2023: A New Era in Development
    (Washington, DC: World Bank, 2023-09-28) World Bank
    This annual report, which covers the period from July 1, 2022, to June 30, 2023, has been prepared by the Executive Directors of both the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—collectively known as the World Bank—in accordance with the respective bylaws of the two institutions. Ajay Banga, President of the World Bank Group and Chairman of the Board of Executive Directors, has submitted this report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors.
  • Publication
    The World Bank Annual Report 2022: Helping Countries Adapt to a Changing World
    (Washington, DC : World Bank, 2022) World Bank
    The 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
    The World Bank Annual Report 2021: From Crisis to Green, Resilient, and Inclusive Recovery
    (Washington, DC: World Bank, 2021-10-01) World Bank
    The 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
    The Next Generation Africa Climate Business Plan: Ramping Up Development-Centered Climate Action
    (World Bank, Washington, DC, 2020-06) World Bank
    Economic growth and shared prosperity in Sub-Saharan Africa will be increasingly undermined if vulnerabilities to climate change are not addressed. Climate impacts, which are already being felt will escalate significantly, as early as 2030, causing many low-capacity countries to be even more vulnerable. Given the climate sensitivities of multiple engines of growth, agriculture, natural capital, and infrastructure, the urgency for countries to ramp up climate-smart development at scale and across the growth spectrum is an imperative. The Next Generation Africa Climate Business Plan provides a platform to further galvanize climate action by prioritizing its focus on the region’s core development challenges and priorities. The plan is grounded in the World Bank’s commitment to support climate-resilient and low carbon development across the developing world and its solid engagement in technical and financial assistance to support climate action in Africa.
  • Publication
    Financial Viability of the Electricity Sector in Developing Countries: Recent Trends and Effectiveness of World Bank Interventions
    (World Bank, Washington, DC, 2016-06-30) Independent Evaluation Group
    This Independent Evaluation Group (IEG) Learning Product addresses the effectiveness of World Bank interventions during fiscal years (FY) 2000–2015 in supporting client countries for improving the financial performance and long-term viability of their electricity sectors. Like other IEG learning products, this study is a synthesis of evaluation findings, cross-cutting lessons, and good practices from existing IEG evaluations, supplemented with a targeted literature review. This study compiled a comprehensive inventory of World Bank electricity sector investment projects approved during FY2000–2015 that contain components and covenants for improving sector financial performance and viability. IEG conducted a targeted literature survey to compile the latest analysis on electricity sector financial viability in developing countries and compiled the leading electricity utilities’ profitability trends between 2003 and 2013 for a sample of 40 World Bank client countries. The study uses available data to characterize an empirical relationship between sector financial performance and sector outcomes. This study’s analysis shows that most investment loans with financial components and covenants for the electricity sector show a moderately satisfactory or better performance regarding their financial performance objectives. This study book is arranged as follows: second chapter is an overview of developing country electricity sector financial performance and financial viability drivers, and it characterizes the link between financial viability and sector outcomes; third chapter covers the role of investment loans in improving sector financial viability and analyzes their performance; fourth chapter covers the role of development policy operations (DPOs) for improving sector financial viability and analyzes their performance; and fifth chapter summarizes the main findings and lessons from World Bank support for sector financial viability and illustrates them with relevant investment loan and DPO examples.
  • Publication
    Lessons from Environmental Policy Lending
    (World Bank, Washington, DC, 2016-06-29) Independent Evaluation Group
    The World Bank offers three main categories of financing: investment project financing directly finances specific investments; Program for results financing uses country systems and disburses based on achievement of specific results; and Development Policy Financing (DPF) supports a government program of policy and institutional actions. The DPF instrument is intended to achieve development results primarily through the supported policy reforms and associated policy dialog and support. This learning product focusses on the World Bank’s experience with DPOs in the Environment sector, broadly defined. For the purposes of this review, environmentalDPOs were defined to be any policy lending operation mapped to the Environment and Natural Resources (ENR) Global Practice or, prior to that, the Environment Sector Board, or any other policy lending operation with an environmental or disaster risk management theme as the primary or secondary theme (see Appendix C). This experience covers a wide range of sectors, including climate change mitigation and adaptation, green growth, natural resource management, disaster risk management, forestry, environmental policy, and others. Much of the experience is very new, with 25 of the 64 operations yet to be evaluated. Many of the active programs are among the first environmental DPOs in their country or region. Many operations were designed and implemented by teams that included staff with relatively little policy lending experience, and so the opportunity for learning is substantial.
  • Publication
    Learning from IDA Experience: Lessons from IEG Evaluations
    (World Bank, Washington, DC, 2016) Independent Evaluation Group
    At the United Nations General Assembly in September 2015, world leaders endorsed 17 Sustainable Development Goals (SDGs) as a successor framework to the Millennium Development Goals (MDGs). Placing economic, social, and environmental sustainability at the center of development, the new agenda has the potential for a historic shift in achieving the goal of ending poverty and promoting shared prosperity. Within this changed and changing context, the operations and modus operandi of the International Development Association (IDA) are being examined. As the world’s largest provider of financial resources to the poorest countries, it is expected to deliver greater results in the new development paradigm. In line with the commitment to learning from the past, this synthesis report presents findings from recent evaluations and analysis from the Independent Evaluation Group (IEG). Focusing on the special themes under IDA16 and IDA17, it aims to offer evaluation evidence on what has and has not worked in IDA priority areas in order to support the IDA18 replenishment discussions.
  • Publication
    The World Bank Annual Report 2015
    (Washington, DC, 2015-10-02) World Bank
    The 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
    Guinea-Bissau: The World Bank Group Country Opinion Survey FY 2014
    (World Bank, Washington, DC, 2015-02) World Bank Group
    The Country Opinion Survey in Guinea-Bissau assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Guinea-Bissau perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Guinea-Bissau on 1) their views regarding the general environment in Guinea-Bissau; 2) their overall attitudes toward the WBG in Guinea-Bissau; 3) overall impressions of the WBG’s effectiveness and results, knowledge work and activities, and communication and information sharing in Guinea-Bissau; and 4) their perceptions of the WBG’s future role in Guinea-Bissau.
  • Publication
    World Bank Group Engagement in Resource-Rich Developing Countries: The Cases of the Plurinational State of Bolivia, Kazakhstan, Mongolia, and Zambia
    (World Bank, Washington, DC, 2015) Independent Evaluation Group
    This report by the Independent Evaluation Group (IEG) summarizes the experiences of and draws lessons from the country program evaluations of four natural resource-rich countries: the Plurinational State of Bolivia, Kazakhstan, Mongolia, and Zambia. It concludes that although the challenges identified in these countries are not unique, they manifest themselves with particular intensity in three closely interrelated areas that need to be defined and structured as a coherent strategy: (i) management of revenues from an exhaustible resource; (ii) growth and employment in the non-extractive sectors, and (iii) inclusive growth and reduction of poverty. Overall, looking at the four resource-rich countries in this evaluation, one does not see the World Bank Group as having a consistent framework for engagement, driven by the defining characteristics of these countries—their rich endowment with non-renewable natural resources and dependence on revenues from their exploitation. Each of the four stories evolved in a unique way that depended on how the country teams decided to react to differing country circumstances. The main challenge for the Bank Group in these countries today is how to stay relevant and competitive, as its value proposition is no longer its financial resources, but its knowledge and global experience, which may call for a more modest scope of interventions while keeping the focus on key challenges.