Publication: Climate and Development : An Agenda for Action - Emerging Insights from World Bank Group 2021-22 Country Climate and Development Reports
Loading...
Files in English
8,291 downloads
2,754 downloads
48 downloads
Published
2022-11-03
ISSN
Date
2022-10-28
Author(s)
Editor(s)
Abstract
Climate change poses a major threat to long-term development objectives, especially poverty reduction, and accelerated emission reductions are needed, particularly in high-income and other high-emitting countries. Reducing emissions can be done without comprising development: taken together, CCDR low-carbon development strategies reduce emissions by 70%, without significant impact on growth, provided that policies are well designed and financing is available. Financing needs average 1.4 percent of GDP, a manageable amount with appropriate private sector involvement. But in lower-income countries, financing needs can exceed 5 percent, which will require more support from high-income countries, including increased concessional resources.
Link to Data Set
Citation
“World Bank Group. 2022. Climate and Development : An Agenda for Action - Emerging Insights from World Bank Group 2021-22 Country Climate and Development Reports. © World Bank Group. http://hdl.handle.net/10986/38220 License: CC BY-NC-ND.”
Digital Object Identifier
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Clean Energy for Development Investment Framework : Progress Report on the World Bank Group Action Plan(Washington, DC, 2007-08)During the 2007 spring meetings, the development committee endorsed the World Bank Group's action plan on the Clean Energy Investment Framework (CEIF). This progress report is a response to the committee's request for an update on the implementation of the action plan for the annual meetings in October 2007. It summarizes accomplishments in the three areas of the action plan: 1) energy for growth, with a particular emphasis on access to energy in Sub-Saharan Africa; 2) transition to a low-carbon development trajectory; and 3) adaptation to the impacts of climate change. This report also outlines an approach to scaling up actions on climate change and provides a review of options to further reduce the financial barriers to support low-carbon and adaptive growth in developing countries. This Progress Report provides an update on the implementation of the CEIF action plan.Publication Development and Climate Change : A Strategic Framework for the World Bank Group(Washington, DC, 2012-06)The framework provided a road map for climate action for the World Bank Group (WBG) over fiscal years 2009-11, setting out the WBG's objectives, principles, areas of focus, and major initiatives in the field of climate change. The framework was organized around six action areas: 1) supporting climate actions in country-led development processes; 2) mobilizing additional concessional and innovative finance; 3) facilitating the development of market-based financing mechanisms; 4) leveraging private sector resources; 5) supporting accelerated development and deployment of new technologies; and 6) stepping up policy research, knowledge, and capacity building. Climate change is one of the multiple stressors that affect the environment and impact on income and welfare. Further, its impact is worsened by other environmental damages. Looking ahead, strategies to combat climate change have to account for the continued need for rapid growth in developing countries. In this context, the World Bank is now looking at climate change in a holistic manner, bringing together climate change efforts with work on growth and broader management of natural resources and pollution. The WBG has successfully worked with clients and partners to mainstream climate considerations into the WBG's core business and strategies to reach impact on the ground. Yet this remains a make-or-break decade for climate action despite escalating levels of engagement within and outside the WBG.Publication Joint MDB Report to the G8 on the Implementation of the Clean Energy Investment Framework and Their Climate Change Agenda Going Forward(World Bank, Washington, DC, 2008-06)The 2005 Gleneagles G8 summit in July 2005 stimulated a concerted effort of the Multilateral Development Banks (MDBs) to broaden and accelerate programs on access to energy and climate change mitigation and adaptation through the Clean Energy Investment Framework (CEIF). At the Gleneagles summit, it was agreed that a report on the implementation of the CEIF would be prepared for the 2008 G8 (Group of Eight: Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States) summit hosted by Japan. This joint report of the MDBs to the G8 summit in Hokkaido is intended to provide information on the outcomes and lessons learned under the CEIF, describe the collective MDB objectives for addressing the energy access and climate change challenges, and outline how the MDBs plan to build on the CEIF experience to date to more fully achieve these objectives. The report builds upon the 'the MDBs and the climate change agenda' report that was presented at the December 2007 Bali climate change conference. This report describes actions taken by each MDB to develop climate change strategies and programs of actions tailored to their particular client needs, based on resources and funding mechanisms currently available. Under the CEIF, the MDBs have strengthened collaboration on analytical work and programming and committed to expand this collaboration to optimize the impact of their collective actions. In addition to reporting on the status of the CEIF, this report outlines the collective ambition of the MDBs with respect to assisting the developing countries in meeting the climate change challenge, summarizes their evolving strategies designed to meet these objectives and the mechanisms through which they intend to achieve the necessary collaboration to optimize the collective impact of their climate change interventions.Publication Environment Matters at the World Bank, 2007 Annual Review : Climate Change and Adaptation(Washington, DC, 2007)This edition of environment matters arrives just as the international community embarks on a two-year process to secure a new global framework to limit the amounts of greenhouse gases (GHGs) entering the atmosphere and devise ways to help developing countries adapt to and prepare themselves for the effects of climate change. At the World Bank, the author believe that climate change, and developing countries' adaptation to it, is a critical challenge of our time that must be integrated into core development strategies. Changes in temperatures and weather patterns will affect the frequency and severity of rainfall, droughts, floods, and access to water, flood protection, health, and the use of land. These impacts will not be evenly distributed. The poorest countries and people, those least responsible for climate change and least able to cope with it, will suffer earliest and most due to their geographical location, low incomes, and low institutional capacity, as well as their greater reliance on climate-sensitive sectors like agriculture. This is why building up resilience to increasing climate variability is the most significant climate challenge facing many developing countries. But we believe that adaptation, while necessary in and of itself, can also serve to meet the development objectives of countries. Many appropriate adaptive measures are consistent with good development practice. They can improve the local environment, increase resilience to current and future climate variability and to natural disasters, and ease the dissemination of innovative technologies. They can also reduce resource scarcity within specific social groups or regions, thereby addressing some of the principal causes of social unrest and violent strife. In other words, climate action is development action.Publication Climate Change and the World Bank Group : Phase II - The Challenge of Low-Carbon Development(Washington, DC: World Bank, 2010)The first volume of Independent Evaluation Group (IEG) series (IEG 2009) examined World Bank experience with the promotion of the most important win-win (no regrets) energy policies, policies that combine domestic gains with global greenhouse gas (GHG) reductions. These included energy pricing reform and policies to promote energy efficiency. This second phase covers the entire World Bank Group (WBG), including the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). It assesses of interventions, from technical assistance to financing to regulatory reform. This project-eye view of activities pertains to all the action areas of the Strategic Framework on Development and Climate Change (SFDCC). The third phase will look at the challenge of adaptation to climate change. The WBG's resources, human and financial, are small compared to the task at hand. The International Energy Agency estimates that developing and transition countries need $16 trillion of energy sector investments over 2008-30 under 'business as usual' operations, plus an additional $5 trillion to shift to an ambitiously low-carbon path. Much more is needed for sustainable land and forest management and for urban transport. So a prime focus of this evaluation is how the WBG can get the most leverage, the widest positive impact on both development and climate change mitigation, from its limited resources.
Users also downloaded
Showing related downloaded files
Publication Democratic Republic of Congo Urbanization Review(Washington, DC: World Bank, 2018)The Democratic Republic of Congo has the third largest urban population in sub-Saharan Africa (estimated at 43% in 2016) after South Africa and Nigeria. It is expected to grow at a rate of 4.1% per year, which corresponds to an additional 1 million residents moving to cities every year. If this trend continues, the urban population could double in just 15 years. Thus, with a population of 12 million and a growth rate of 5.1% per year, Kinshasa is poised to become the most populous city in Africa by 2030. Such strong urban growth comes with two main challenges – the need to make cities livable and inclusive by meeting the high demand for social services, infrastructure, education, health, and other basic services; and the need to make cities more productive by addressing the lack of concentrated economic activity. The Urbanization Review of the Democratic Republic of Congo argues that the country is urbanizing at different rates and identifies five regions (East, South, Central, West and Congo Basin) that present specific challenges and opportunities. The Urbanization Review proposes policy options based on three sets of instruments, known as the three 'I's – Institutions, Infrastructures and Interventions – to help each region respond to its specific needs while reaping the benefits of economic agglomeration The Democratic Republic of the Congo is at a crossroads. The recent decline in commodity prices could constitute an opportunity for the country to diversify its economy and invest in the manufacturing sector. Now is an opportune time for Congolese decision-makers to invest in cities that can lead the country's structural transformation and facilitate greater integration with African and global markets. Such action would position the country well on the path to emergence.Publication Firm-Level Technology Adoption in Vietnam(World Bank, Washington, DC, 2021-03)This paper describes the results of a new firm survey to measure technology use and adoption implemented prior to the COVID-19 pandemic in Vietnam. It analyzes the use and adoption of technology among Vietnamese firms and identifies some of the key barriers to adoption and diffusion. The analysis offers new and important stylized facts on firm-level use of technologies. First, although access to the internet is almost universal in Vietnam, firms had low digital readiness to face the COVID-19 pandemic; and the share of establishments with their own website, social media, and cloud computing is still small. Second, the use of Industry 4.0 technologies is incipient. Third, the technology gap with the use of frontier technologies in some general business functions, such as quality control, production planning, sales, and sourcing and procurement, is large. Fourth, the manufacturing sector faces the largest technological gap, larger than services and agricultural firms. The analysis of the main barriers and drivers to technology adoption and use shows the importance of good management quality for technology adoption, and that there is a technology premium associated with exporting activities. Finally, the analysis also shows that firms are largely unaware of the available public policy support for technology upgrading.Publication Rwanda Economic Update, April 2025(Washington, DC: World Bank, 2025-04-01)Rwanda’s economy remained resilient in 2024, with GDP growth reaching 8.9 percent, driven by strong performances in services, industry, and a rebound in agriculture. Despite strong export growth, the current account deficit widened due to decline in official transfers. This necessitated continued reliance on forex inflows from FDI and external concessional borrowing. Inflation moderated, averaging 4.8 percent in 2024, due to lower food prices and tight monetary policy, allowing the central bank to ease interest rates by reducing the Central Bank Rate (CBR) from 7.5 percent to 6.5 percent in 2024. The fiscal position improved with higher tax collections supporting fiscal consolidation, though public debt is projected to peak at 80 percent of GDP in 2025, despite reduced borrowing needs, before gradually declining, driven by past deficits and exchange rate depreciation. Rwanda’s agriculture sector remains a cornerstone of the economy, employing 43 percent of the workforce and contributing 27 percent to GDP. Despite diversification beyond traditional cash crops like coffee and tea, agricultural productivity remains constrained by land fragmentation, limited mechanization, post-harvest losses, and climate change impacts. While agricultural exports account for 37 percent of total export revenues, trade remains vulnerable to price fluctuations, and regional market integration is underdeveloped. The sector has much more potential to deliver higher growth, better jobs and boost forex earnings. Part 2 of this report focuses on how to unlock this potential. It examines key drivers of agricultural productivity, including input use, irrigation expansion, mechanization, and digital innovation, while evaluating persistent challenges such as limited access to finance, weak extension services, and climate vulnerability. It assesses policy efforts under the Fifth Strategic Plan for Agriculture Transformation (PSTA5), which aims to modernize production, enhance market access, and transition toward a more private sector-driven model. Key recommendations include strengthening seed systems, expanding irrigation, investing in agro-logistics, improving financial access, and implementing regulatory reforms to attract private investment. By addressing these structural bottlenecks and aligning policies with regional and global trade opportunities in the East African Community (EAC) and the African Continental Free Trade Area (AfCFTA), Rwanda can build a resilient, competitive, and sustainable agri-food sector that supports economic transformation and food security.Publication Vietnam(World Bank, Hanoi, 2020-05-01)Following from Vietnam’s ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in late 2018 and its effectiveness from January 2019, and the European Parliament’s recent approval of the European Union-Vietnam Free Trade Agreement (EVFTA) and its subsequent planned ratification by the National Assembly in May 2020, Vietnam has further demonstrated its determination to be a modern, competitive, open economy. As the COVID-19 (Coronavirus) crisis has clearly shown, diversified markets and supply chains will be key in the future global context to managing the risk of disruptions in trade and in supply chains due to changing trade relationships, climate change, natural disasters, and disease outbreaks. In those regards, Vietnam is in a stronger position than most countries in the region. The benefits of globalization are increasingly being debated and questioned. However, in the case of Vietnam, the benefits have been clear in terms of high and consistent economic growth and a large reduction in poverty levels. As Vietnam moves to ratify and implement a new generation of free trade agreements (FTAs), such as the CPTPP and EVFTA, it is important to clearly demonstrate, in a transparent manner, the economic gains and distributional impacts (such as sectoral and poverty) from joining these FTAs. In the meantime, it is crucial to highlight the legal gaps that must be addressed to ensure that national laws and regulations are in compliance with Vietnam’s obligations under these FTAs. Readiness to implement this new generation of FTAs at both the national and subnational level is important to ensure that the country maximizes the full economic benefits in terms of trade and investment. This report explores the issues of globalization and the integration of Vietnam into the global economy, particularly through implementation of the EVFTA.Publication What Does MFN Trade Mean for India and Pakistan? Can MFN be a Panacea?(World Bank, Washington, DC, 2013-06)India and Pakistan, the two largest economies in South Asia, share a common border, culture and history. Despite the benefits of proximity, the two neighbors have barely traded with each other. In 2011, trade with Pakistan accounted for less than half a percent of India's total trade, whereas Pakistan's trade with India was 5.4 percent of its total trade. However, the recent thaw in India-Pakistan trade relations could signal a change. Pakistan has agreed to grant most favored nation status to India. India has already granted most favored nation status to Pakistan. What will be the gains from trade for the two countries? Will they be inclusive? Is most favored nation status a panacea? Should the granting of most favored nation status be accompanied by improvements in trade facilitation, infrastructure, connectivity, and logistics to reap the true benefits of trade and to promote shared prosperity? This paper attempts to answer these questions. It examines alternative scenarios on the gains from trade and it finds that what makes most favored nation status work is the trade facilitation that surrounds it. The results of the general equilibrium simulation indicate Pakistan's most favored nation status to India would generate larger benefits if it were supported by improved connectivity and trade facilitation measures. In other words, gains from trade would be small in the absence of improved connectivity and trade facilitation. The idea of trade facilitation is simple: implement measures to reduce the cost of trading across borders by improving infrastructure, institutions, services, policies, procedures, and market-oriented regulatory systems. The returns can be huge, even with modest resources and limited capacity. The dividends of trade facilitation can be shared by all.