World Bank Group Climate Change Action Plan 2021–2025 : Supporting Green, Resilient, and Inclusive Development

The Climate Change Action Plan 2021–2025 aims to advance the climate change aspects of CCAP-2021-25.pdfthe 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.
“World Bank Group. 2021. World Bank Group Climate Change Action Plan 2021–2025 : Supporting Green, Resilient, and Inclusive Development. World Bank, Washington, DC. © World Bank. License: CC BY 3.0 IGO.”

Toward Productive, Inclusive, and Sustainable Farms and Agribusiness Firms : An Evaluation of the World Bank Group’s Support for the Development of Agrifood Economies (2010–20)

The purpose of the evaluation is to assess how relevant and effective the World Bank Group has been in its support for agrifood system development (AFSD) —that is, in developing more productive, inclusive, and sustainable farms and agribusiness firms. The evaluation finds that the Bank Group’s interventions (FY 2010–20) were broadly relevant, although gaps remain in scaling up and better targeting support to countries that need it the most. Bank Group interventions were also effective overall in improving productivity, inclusion, and sustainability, but less so in LICs, particularly in West and Central Africa. World Bank interventions that focused on supporting production were less successful than interventions that combined production and market approaches. World Bank support for improving productivity was insufficiently diversified toward higher-value products that offer multiple benefits. IFC agribusiness investments faced challenges meeting environmental and social (E&S) standards, especially in LICs. IEG offers three recommendations to enhance Bank Group support for AFSD. (i) To enhance its effectiveness in developing agrifood systems, the World Bank Group’s efforts to support production technologies should be complemented by efforts to improve market access, especially in LICs and in countries at the traditional stage of agrifood system development. These can be pursued through synergies in Bank Group interventions or with partners; (ii) To achieve more sustainable agrifood systems, where conditions permit, the World Bank Group should support production diversification to meet the growing demand for undersupplied high-value-added, nutritious products while ensuring that smallholder farmers and SMEs benefit from the diversification; and (iii) To enhance the contribution of IFC support for AFSD, IFC should pilot and adopt more effective ways to support clients to better meet E&S Performance Standards, especially in LICs.

COVID crisis is fueling food price rises for world’s poorest

Over the last year, COVID-19 has undone the economic, health and food security of millions, 14114340279_c7363a7eb7_kpushing as many as 150 million people into extreme poverty. While the health and economic impacts of the pandemic have been devastating, the rise in hunger has been one of its most tangible symptoms. 

Continue reading

Middle East and North Africa: Two opportunities for rebuilding after COVID-19 in green and inclusive ways


What is the best path to building better and greener after the pandemic? Leaders around the shutterstock_1379087948globe ask this question and come up with different answers. For example, the European Union puts the spotlight on nature as the strongest ally in green recovery after COVID-19. South Korea plans to invest in green cities and support new green industries and businesses, among others. The best recipe for success differs across countries and regions, but as made clear in this previous op-ed, the Middle East and North Africa (MENA) region will need to include green and sustainable practices for a more resilient and inclusive recovery.

Continue reading

Investing in women and girls: How governments can drive inclusive recovery

Before COVID-19, many countries were making significant gains in human capital, improving dole_graduation_pilot_philippineshealth and education outcomes for girls and boys and empowering women to reach their potential. Between 2010 and March 2020, the World Bank’s Human Capital Index 2020 Update found an average increase of five percent in the human capital index across countries.

Continue reading