01. Annual Reports & Independent Evaluations
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World Bank Group Climate Change Action Plan 2021–2025: Supporting Green, Resilient, and Inclusive Development
(World Bank, Washington, DC, 2021-06-22) World Bank GroupThe Climate Change Action Plan 2021–2025 aims to advance the climate change aspects of the WBG’s Green, Resilient, and Inclusive Development (GRID) approach, which pursues poverty eradication and shared prosperity with a sustainability lens. In the Action Plan, we will support countries and private sector clients to maximize the impact of climate finance, aiming for measurable improvements in adaptation and resilience and measurable reductions in GHG emissions. The Action Plan also considers the vital importance of natural capital, biodiversity, and ecosystems services and will increase support for nature-based solutions, given their importance for both mitigation and adaptation. As part of our effort to drive climate action, the WBG has a long-standing record of participating in key partnerships and high-level forums aimed at enhancing global efforts to address climate change. The new Action Plan represents a shift from efforts to “green” projects, to greening entire economies, and from focusing on inputs, to focusing on impacts. It focuses on (i) integrating climate and development; (ii) identifying and prioritizing action on the largest mitigation and adaptation opportunities; and (iii) using those to drive our climate finance and leverage private capital in ways that deliver the most results. That means helping the largest emitters flatten the emissions curve and accelerate the downward trend and ramping up financing on adaptation to help countries and private sector clients prepare for and adapt to climate change while pursuing broader development objectives through the GRID approach. -
Publication
Toward a Green, Clean, and Resilient World for All: A World Bank Group Environment Strategy 2012 - 2022
(World Bank, Washington, DC, 2012-05) World Bank GroupThe new environment strategy for the World Bank Group lays out an ambitious action agenda that seeks to respond to calls from our client countries for a new kind of development path, one that supports growth while focusing more on sustainability and ensuring that the environment is a key enabler for green, more-inclusive growth. This strategy recognizes the importance of our convening power, access to policy makers, analytical work, development of new financial tools, and smart risk management as well as a portfolio of investments to accelerate solutions. Spreading these solutions by sharing knowledge, demonstrating success, and working in partnership, mobilizing action, and leveraging financing will be critical to our success. -
Publication
The Sendai Report: Managing Disaster Risks for a Resilient Future
(World Bank, Washington, DC, 2012) World BankThis report argues that the practice of disaster risk management (DRM) is a defining characteristic of resilient societies, and should therefore be integrated, or 'mainstreamed', into all aspects of development. The report will inform the Development Committee at the annual meetings 2012, and support discussion at the Sendai dialogue, a special event co-organized by the Government of Japan and the World Bank as part of the Annual Meetings program. This event will engage delegates on the importance of mainstreaming DRM, drawing upon the lessons from the great East Japan earthquake and tsunami of 2011, and other disasters. This paper includes the following headings: disasters and development: an alarming trend; disaster risk management in action; national policies and planning; International Development Cooperation; disaster risk management at the World Bank; the way forward: priorities and opportunities; and glossary and references. -
Publication
The World Bank Annual Report 2011: Year in Review
(Washington, DC, 2011) World BankExecutive Directors continued to play an important role as the World Bank faced many challenges in a global post crisis economy. The Board considered a number of key documents in preparation for the committee on development effectiveness meetings. These included the World Development Report 2011, which focuses on conflict, security, and development, and responding to global food price volatility and its impact on food security, which examines the Bank's responses to food price increases and climate change risks. The Board approved more than $42 billion in financial assistance in fiscal 2011, comprising about $26 billion in International Bank for Reconstruction and Development (IBRD) lending and $16 billion in International Development Association (IDA) support. During fiscal 2011 the Bank Group committed $57.3 billion in loans, grants, equity investments, and guarantees to its members and to private businesses. IBRD commitments totaled $26.7 billion compared with $44.2billion in 2010, but still above pre crisis levels. The World Bank Group continues to operate under a real flat budget, for the seventh consecutive year.