How can finance ministries take part in climate action? Let us outline some of the key areas where they can play a role and methods to promote legislation to contribute to national commitments.…

Jens Kromann Kristensen, Laura De Castro Zoratto, Nadir Mohammed |

The World Bank Group is joining forces with the Government of the Kyrgyz Republic and development partners to deliver an ambitious energy reform program which was showcased at the Bishkek…

Naveed Hassan Naqvi, Sudeshna Ghosh Banerjee |

The number of vehicles on the road is booming, with significant implications for climate change and traffic fatalities. To reduce the impact of motorization, countries need a solid plan to manage…

Roger Gorham |

This blog is a biweekly feature highlighting recently published working papers from around the World Bank Group. It introduces 5 papers published from June 1 to June 15, 2022, on various topics…

Marcelo Buitron, Policy Research Working Paper team |

This blog analyses the consequences of an energy shock on global growth. It puts the current rise in energy prices into historical context, presents model-based estimates of its growth impacts,…

Justin-Damien Guénette, Jeetendra Khadan |

This blog examines issues related to how ITMO (internationally transferred mitigation outcomes) markets function, their impacts on potential ITMO-supplying countries, and their potential for…

Klaus Oppermann, Jon Strand |

Renewable sources of energy can help countries mitigate climate change, build resilience to volatile prices, and lower energy costs.

Demetrios Papathanasiou |

With the global oil prices on the rise, the already high energy prices in the Caribbean will hike even further. This will affect the Caribbean households, especially the poorest, squeezing their…

Lilia Burunciuc |

Agricultural prices eased 0.4% in May. Food prices as a group were fairly steady, with a 2.7% increase in grains partly offsetting a 1.5% decline in oils & meals. Beverages and raw materials…

John Baffes, Maria Hazel Macadangdang |

Mounting concerns over transport emissions contributing to climate change, coupled with the insatiable demand for expensive petroleum from Internal Combustion Engine (ICE) vehicles, have compelled…

Gerald Ollivier, Shyam Srinivasan, Shyamasis Das |