Recognizing this duality, the World Bank is partnering with Caribbean governments to invest nearly USD 500 million in renewable energy projects to catalyze the clean energy transition by 2025.

Anh Nguyet Pham, Neha Mukhi |

The Balkans often evoke images of conflict and fragmentation. But on the digital front, countries across Southeast Europe are working together to build robust broadband network connecting millions…

Natalija Gelvanovska-Garcia |

Blog about how the global crises and uncertainty are testing the economic resilience of the Western Balkans. And what the governments across the region should consider in order to build greater…

Sanja Madzarevic-Sujster, Richard Record, Natasha Rovo |

Just as the economies of the Western Balkans were looking to sustain a recovery from the shock of COVID-19, the region now faces a new combination of challenges. The war in Ukraine, the resulting…

Sanja Madzarevic-Sujster, Richard Record |

Energy subsidies are proliferating as governments try to shield consumers from rising and volatile energy prices — but these come with significant risks.

Defne Gencer, Elcin Akcura |

This  World Bank’s Policy Research Working Paper Series introduces 6 papers published from March 1 to March 15 on various topics, including taxation, gender, and wildfire smokes.

Marcelo Buitron, Policy Research Working Paper team |

It is well established in the economic literature that it’s the rich who benefit from the lion’s share of energy subsidies. Yet, it is often the poor and vulnerable who protest loudly against…

Guillermo Beylis, Barbara Cunha |

The Asia-Pacific region, comprised of 58 economies, is geographically expansive and a picture of diversity. The trends for sustainable energy in Asia-Pacific, which mirror the region’s economic…

Sharmila Bellur |

Places with cold climates need access to a reliable and efficient heat supply for the health of their population. But in developing countries, the majority of rural and peri-urban households do…

Yabei zhang |