As the world is entering the third year of the global COVID-19 pandemic, it is increasingly
important to understand why many people are still hesitant to get the COVID-19 vaccine even when it is available . However, little is known about vaccine hesitancy in developing countries, as most studies have focused on high-income countries and the few that have analyzed developing countries were either not comparable across countries or not nationally representative.
Costa Rica’s Forest Conservation Pays Off
STORY HIGHLIGHTS 
- Costa Rica has become the first country in Latin America and the Caribbean to receive payments from the World Bank’s Forest Carbon Partnership Facility for reducing carbon emissions from deforestation and forest degradation—commonly known as REDD+.
- This first payment – of $16.4 million for independently verified emission reductions — is a milestone for Costa Rica.
- Results-based climate finance such as payments for emission reductions increasingly is being used to incentivize climate action and help countries achieve their Nationally Determined Contributions to the Paris Agreement.
Global Water Security & Sanitation Partnership: Five Years of Advancing a Water-Secure World for All
STORY HIGHLIGHTS 
- Over the past five years, climate considerations have become embedded in GWSP support, leading to a rising number of projects with climate co-benefits.
- The World Bank Water Global Practice’s work in fragile, conflict and violence-affected areas has grown significantly, and Global Water Security and Sanitation Partnership now supports active engagement in 33 countries.
- There is more social inclusion in the water sector. The average share of female engineers in 23 participating utilities in Ethiopia increased from 8 percent to 12 percent in just two years. Continue reading
WBG Procurement Opportunities
Interested in Doing Business with the World Bank Group? Please see selected opportunities
below.
Procurement Framework and Regulations for Projects After July 1, 2016 (worldbank.org)
Remarks by World Bank Group President David Malpass at the COP27 Climate Finance Event
Thank you, Prime Minister Madbouly, Dr. Shoukry for hosting this event on climate finance.
Developing countries are facing an economic crisis, heavy debt burdens, high inflation, and climate change. It is a crisis facing development itself.
World Bank Group Announces Major Initiative to Electrify Sub-Saharan Africa with Distributed Renewable Energy
Initiative will use solar off-grid, mini-grids and other means to promote universal access to electricity
Washington, Nov. 9, 2022—The World Bank Group announced today an innovative initiative to accelerate the pace of electrification in Africa to achieve universal access by 2030. The World Bank, the Multilateral Investment Guarantee Agency (MIGA), the International Finance Corporation (IFC), and other development agencies will promote private investment in distributed renewable energy (DRE) systems to electrify targeted areas quickly and efficiently. The Distributed Access through Renewable Energy Scale-Up Platform (DARES) calls for joint action by government, private investors, and development agencies to solve Africa’s immediate needs while developing DRE solutions that can be applied globally.
Adapting Across East Asia and Pacific
How the World Bank is standing with a region at climate risk
There is a saying in the Pacific that when it comes to climate change, ‘we are not drowning;
we are fighting’. This could also sum up the wider East Asia and Pacific region as a whole in the face of climate change; a region that, despite being exposed to some of the worst climate impacts in the world, is responding with innovation, strength and immense resilience.
The World Bank is standing with the countries in the region in these efforts. In East Asia and the Pacific, 46% of new World Bank commitments in fiscal year 2022 contributed to climate action. Three countries across the region – Indonesia, the Marshall Islands, and Vietnam – highlight how the Bank is supporting their fight to adapt to climate change while securing resources and safeguarding important conservation gains far into the future.
The Human Face of Climate Change
For Haliya Al-Jalal, a mother of six in Al-Adn, Yemen, walking long distances to collect
drinking water was a daily chore she shared with her family. “Fetching water from the stream caused us great hardship,” she said. “Many children dropped out of school to devote themselves to this task every day.”
WBG Procurement Opportunities
Interested in Doing Business with the World Bank Group? Please see selected opportunities below.
Procurement Framework and Regulations for Projects After July 1, 2016 (worldbank.org)
World Bank Group Presents New Fund for Lowering Emissions; SCALE
SHARM-EL-SHEIKH, November 8, 2022 — Today the World Bank announced a new multi-partner fund that will pool funding from the global community — including donor countries, the private sector and foundations — for scalable pathways to greenhouse gas emission reduction. The Scaling Climate Action by Lowering Emissions (SCALE) partnership will provide grants for verifiable emissions reductions and expand the funding sources for global public goods.
“Climate finance needs major new mechanisms that pool funding from the global community to accomplish actual reductions in greenhouse gas emissions across the developing world. SCALE offers a key non-fragmented avenue for the global community to take action on climate change,” said David Malpass, President of the World Bank Group. “The verifiable emission reductions created by SCALE and similar mechanisms will also be an important step toward building effective carbon credit markets.”
SCALE will deploy Results-Based Climate Finance where countries receive grant payments for achieving pre-agreed, verifiable results, drawing on twenty years of World Bank Group experience in this area.
SCALE will support countries to build a track record of generating emission reductions from impactful programs and policies that they can apply toward their national emission reduction targets. SCALE will also yield excess credits that can be offered in carbon markets with the potential to unlock additional private sector funding.
SCALE will pool public and private resources to (i) channel additional funding to middle and low-income countries’ emission reduction programs; (ii) help bridge the gap between the supply of and demand for high-quality emission reduction credits by supporting large-scale climate investments; and (iii) help countries develop high integrity credits and enhance their access to international carbon markets.
Social inclusion is embedded in the design of all SCALE programs. An associated fund within the SCALE umbrella – Enabling Access to Benefits while Lowering Emissions (EnABLE) – enhances the inclusion of marginalized communities and indigenous peoples in programs under the partnership through specially designed benefit sharing arrangements.
PRESS RELEASE NO: 2023/029/CCG
Netherlands for the World Bank 
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