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Natural capital - nature’s bounty - is the wealth of the poor. Its degradation and loss are their burden to carry. Degradation of nature could cause the poorest countries to lose 10% of their GDP…
At the 2022 Biodiversity COP 15, the government of Guinea committed to protecting its natural capital by preserving nearly 30% of its natural resources by 2030. By doing so, Guinea recognized the…
Twenty-three percent of the world population, or 1.81 billion people, are directly exposed to substantial risks during a 1-in-100-year flood event.
When nature-based solutions (NBS) are integrated into traditional infrastructure projects, they can help service providers deliver more cost-effective and resilient services. New financing…
“Air pollution is one of the biggest environmental threats to human health, alongside climate change”. This subtitle from a 2021 WHO article raises an alarming concern. 92% percent of pollution-…
While the Philippines has established these comprehensive laws and action plans to address plastic pollution, more effective implementation and stakeholder involvement are necessary to achieve…
The recent United Nations Framework Convention on Climate Change (COP27) held in Sharm el-Sheikh, Egypt, has raised the prominence of climate action in the Middle East and North Africa (MENA)…
Aluminum is critical for the energy transition, powering many low-carbon technologies such as wind turbines, batteries, electrolyzers for renewable hydrogen, carbon storage for low-carbon hydrogen…
Ministries of Finance play a critical role in driving private sector net zero commitments, having levers of influence that are more effective in bringing about change than companies’ voluntary…
This blog is a biweekly feature highlighting recent working papers from around the World Bank Group. This entry introduces 6 papers published from February 16 to 28 on various topics, including…