World Bank Group2024-11-072024-11-072024-11-07https://hdl.handle.net/10986/42381The World Bank Group’s Country Climate and Development Reports (CCDRs) are a core diagnostic that integrates climate change and development. They help countries prioritize the most impactful actions that can reduce greenhouse gas (GHG) emissions and boost adaptation and resilience, while delivering on broader development goals. CCDRs build on data and rigorous research and identify main pathways to reduce GHG emissions and climate vulnerabilities, including the costs and challenges as well as benefits and opportunities from doing so. The reports suggest concrete, priority actions to support the low-carbon, resilient transition. As public documents, CCDRs aim to inform governments, citizens, the private sector and development partners and enable engagements with the development and climate agenda. CCDRs feed into other core Bank Group diagnostics, country engagements and operations, and help attract funding and direct financing for high-impact climate action.The World Bank Group’s Country Climate and Development Reports (CCDRs) are a core diagnostic that integrates climate change and development. They help countries prioritize the most impactful actions that can reduce greenhouse gas (GHG) emissions and boost adaptation and resilience, while delivering on broader development goals. CCDRs build on data and rigorous research and identify main pathways to reduce GHG emissions and climate vulnerabilities, including the costs and challenges as well as benefits and opportunities from doing so. The reports suggest concrete, priority actions to support the low-carbon, resilient transition. As public documents, CCDRs aim to inform governments, citizens, the private sector and development partners and enable engagements with the development and climate agenda. CCDRs feed into other core Bank Group diagnostics, country engagements and operations, and help attract funding and direct financing for high-impact climate action.The World Bank Group’s Country Climate and Development Reports (CCDRs) are a core diagnostic that integrates climate change and development. They help countries prioritize the most impactful actions that can reduce greenhouse gas (GHG) emissions and boost adaptation and resilience, while delivering on broader development goals. CCDRs build on data and rigorous research and identify main pathways to reduce GHG emissions and climate vulnerabilities, including the costs and challenges as well as benefits and opportunities from doing so. The reports suggest concrete, priority actions to support the low-carbon, resilient transition. As public documents, CCDRs aim to inform governments, citizens, the private sector and development partners and enable engagements with the development and climate agenda. CCDRs feed into other core Bank Group diagnostics, country engagements and operations, and help attract funding and direct financing for high-impact climate action.Moldova’s climate and development challenges are inextricably linked. Weak and volatile growth, highlevels of poverty, near total energy import dependence, and a strong reliance on drought-prone agricultureare all symptoms of intrinsic structural vulnerabilities. Climate-smart development policies offer a pathwayto address long-standing structural barriers to growth and accelerate convergence with European Union(EU) standards. Renewable energy and energy efficiency scale-up are crucial for improving the country’senergy security but will require substantial investments as well as full implementation of sectoral reformsto accelerate integration with EU energy markets. Adaptation investments are key, not only to manage theimpacts of climate shocks, but also to raise productivity in the most vulnerable sectors. Most funding willneed to come from the private sector, while public sector investments need to be substantially augmentedby development partners. With smart macro-fiscal policies, Moldova has the opportunity and potential toimplement these ambitious measures and lay the foundations for sustainable and resilient growth.en-USCC BY-NC-ND 3.0 IGOCLIMATE CHANGERENEWABLE ENERGYGHGDECARBONIZATIONEUROPEAN UNIONReportWorld Bank10.1596/42381