Mining dominates the Mongolian economy, already accounting for some 80 percent of exports and contributing a quarter of gross domestic product (GDP). In July 2020, the newly elected government reaffirmed its commitment to bring into production more of Mongolia's mineral deposits and to process...

Cabo Verde's climate exposure, partly also because of its geography, is compounded by economic vulnerabilities. The country has experienced robust economic growth since the early 1990s and achieved a substantial reduction in poverty, but growth has been volatile and has slowed in recent years....

This Country Climate and Development Report (CCDR) captures the interplay between development challenges and climate change and climate policies in Mozambique, with the objective of identifying synergies and tradeoffs. The CCDR informs the World Bank Group's engagement in Mozambique, alongside...

Transition to a new world order with more diffuse distribution of economic power is under way. This first edition of a new World Bank flagship report, 'Global Development Horizons 2011', focuses on three major international economic trends: the shift in the balance of global growth from...

The World Bank Group has developed a new Strategy focusing on the ambitious goals of ending extreme poverty and promoting shared prosperity in a sustainable manner. It is committed to helping countries reach these goals with proven solutions that integrate the WBG's development knowledge and...

The World Bank Group will focus its financial and technical resources to ending extreme poverty and promoting shared prosperity in a sustainable manner, especially in fragile states, Sub-Saharan Africa, and South Asia. To this end, it is pulling its specialized agencies (IBRD, IDA, IFC, MIGA) to...

This paper is a contribution to United Nation (UN)-led efforts to articulate a post-2015 development framework, building on the Millennium Declaration and Millennium Development Goals (MDGs). It focuses on the challenge of financing development goals and complements the extensive work conducted...

This Poverty and Social Impact Analysis (PSIA) is part of a broader dialogue on energy tax reform and strengthening social safety nets in Djibouti. As part of a possible reform of energy taxes in Djibouti, the government of Djibouti has sought the support of the World Bank to better understand...

To permanently end poverty and hunger by 2030, the world needs a food system that can feed every person, every day, everywhere; that can raise real incomes of the poorest people; that can provide safe food and adequate nutrition; and that can better steward the world's natural resources. Urgently,...

This joint report on MDB Climate Finance captures a particular context of activities that Multilateral Development Banks (MDBs) carry out in developing and emerging economies. The context is built on the premise that development finance is being provided in a world shaped by climate change. This...