The world’s poorest countries did
the least to contribute to global emissions historically and poorer people within countries emit less than their rich neighbors. Nonetheless, poorer countries and poorer people are more vulnerable to climate impacts. They tend to be more exposed to climate change impacts, for instance living in places exposed to floods, working in occupations like agriculture, or lacking access to improved water and sanitation. And they have fewer resources to adapt and invest in protecting themselves.
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Europe and Central Asia Economic Update
The Russian Federation’s war with Ukraine has triggered a catastrophic humanitarian crisis and threatened the stability of geopolitical relations. Economic output in the Europe and Central Asia region is forecast to contract by more than 4.1% in 2022—the second major shock and regional recession in two years. Moreover, the war has added to mounting concerns of a sharp global growth slowdown. The economic impact of the conflict has reverberated through multiple global channels, including commodity and financial markets, trade and migration links, and confidence. Neighboring countries in the Europe and Central Asia region are likely to suffer considerable economic damage because of their strong trade, financial, and migration links with Ukraine and Russia. Pandemic disruptions amid rising COVID-19 cases in some major economies have contributed to financial and commodity market volatility, and could ultimately weigh on global growth prospects. The war has also raised the likelihood of a destabilizing wave of refugees, widespread financial stresses among some emerging and developing economies, a de-anchoring of inflation expectations, and food insecurity. A protracted conflict is likely to heighten policy uncertainty and fragment global trade and investment networks. Policy makers need to ensure that they are better prepared to handle future crises as part of a commitment to a comprehensive approach to bolster resilient, inclusive, and green development. They should fortify their macroeconomic policy buffers and institutions to strengthen stability; promote an inclusive and more equal recovery by strengthening their social protection systems to protect the most vulnerable, including the refugees; and keep their focus on improving energy efficiency and green transition to secure a sustainable future.
Braving the Storms: The outlook for East Asia and the Pacific, illustrated
The Russian invasion of Ukraine threatens the uneven recovery of developing East Asia and Pacific (EAP) countries. The invasion comes on top of the economic distress caused by the lingering COVID-19 pandemic, the financial tightening in the United States, and the pandemic resurgence and the economic slowdown in China. While commodity producers and fiscally solid countries in the region may weather these shocks with less difficulty, these events will dampen the growth prospects of most economies in the region. Overall economic growth is projected to slow to 5 percent in 2022— 0.4 of a percentage point less than expected in October. If global conditions worsen and national policy responses are weak, growth could ease further.
Continue readingWBG 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)
Are we ready for the coming spate of debt crises?
Higher inflation. Slower growth. Tightening financial conditions.
In recent weeks, Russia’s invasion of Ukraine has exacerbated global economic risks. There is a fourth element, however, that could make the mix combustible: the high debt of emerging markets and developing economies.
Continue readingeC2: Prioritizing Resilient Investments for Water Security in Botswana
Deadline: 25-Apr-2022 at 11:59:59 PM (Eastern Time – Washington D.C.)
The main objective of this assignment is to develop a national and transboundary water resilient strategy for Botswana. This study will quantitatively assess the climate change risks of water resources management and development alternatives vis-à-vis other identified risks unrelated to such change. The study will include a roadmap for a phased adaptation leading to increased multi-dimensional resilience of the Botswana water resources system using Decision-Making Under Uncertainty Methodologies (DMDU). The assessment will evaluate tradeoffs across in-country water management and services investments as well as the three transboundary options (Chobe-Zambezi transfer, Lesotho-Botswana transfer, and desalination from Namibia). See detailed file with request for expression of interest.
Addressing Challenges to Growth, Security, and Stability
In his speech, “Addressing Challenges to Growth, Security, and Stability,” President
Malpass will discuss how conflict, COVID-19, and climate change have created unprecedented challenges for developing countries, hurting the poorest and most vulnerable people and communities. He will outline how, moving forward, crisis recovery and longer-term development requires economic transformation, investment in human capital, and security and stability underpinned by support from the international community.
This speech will be broadcast live from Poland, a country that has taken in over 2.3 million Ukrainian refugees fleeing war.
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Is there a best way to target social assistance?
Prioritizing populations most in need therefore becomes necessary and important.
eC2: Study on climate smart agriculture technologies and investment opportunities
Deadline:21-Apr-2022 at 11:59:59 PM (Eastern Time – Washington D.C.) 
The objective of this assignment is to provide a toolkit for women regarding nature based solutions that the Donor Committee for Enterprise Development’s (DCED) Green Growth Working Group. The toolkit should support the development and growing market demand for affordable, gender-responsive, nature-based solutions for climate change mitigation and adaptation and biodiversity in developing countries, and that women as entrepreneurs, business owners, workers and supply-chain actors – are particularly well positioned to help address this need.
eC2: Study on climate smart agriculture technologies and investment opportunities
Deadline: 19-Apr-2022 at 11:59:59 PM (Eastern Time – Washington D.C.) 
The Government of South Africa has identified agriculture as one of the key sectors that could contribute to greening the economy due to its backward and forward linkages with job generation, food security, foreign export earnings and raw material production, making the sector an important engine for the growth of the rest of the economy. At the same time, this potential is significantly threatened by climate change . With more than 70 percent of its croplands relying primarily on rainfall for farming, existing cropping and livestock systems will be directly affected by expected climate induced changes in precipitation and temperature patterns. The agricultural sector is therefore one of the focal sectors of South Africas National Climate Change Adaptation Strategy (NCCAS) that was promulgated in 2020 and of the countrys updated Nationally Determined Contribution (NDC) under the Paris Agreement . The adoption of climate smart agriculture technologies provides opportunities for sustainable intensification consistent with food security and development goals, and climate change adaptation and mitigation needs.

manage risks, and improve resilience and opportunity. Yet, most countries have limited resources for social protection interventions.
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