Meeting the 2030 UN Sustainable Development Goals will require enormous infrastructure investment around the world. Sustainability-linked financing (SLF) incentivizes companies to pursue ambitious, long-term environmental and social goals. As the largest global development institution focused on...

This Good Practice Handbook is designed to provide guidance to practitioners on taking rigorous and consistent approaches to assess hydropower project impacts on downstream river ecosystems and people, and determine their Environmental Flows (EFlows) commitments. The Handbook outlines a good...

To move funds internationally, banks rely on correspondent banking relationships (CBRs), roughly defined as the provision of banking services by one bank (the correspondent) to another bank (the respondent). CBRs are essential to international payments and provide an essential nexus between...

This Note provides guidance to securities markets regulators in emerging market economies (EMEs) about key regulatory issues that could affect the issuance of debt instruments for infrastructure financing over which they have some control. The Note focuses on three areas (placement regime,...

This Policy Note focuses on distribution channels, the role they play in product diversification and costs, and how regulation can promote competition in mutual funds (MFs) distribution. In many emerging market economics (EMEs) where both the capital markets and the MFs have reached certain...

Small and medium enterprises (SMEs) face significant financing gaps that stifle innovation and economic growth. The credit gap alone is estimated at dollar 4.5 trillion as of 2017 for emerging markets and developing economies (EMDEs) only. Bank financing has been the traditional source of...

Low, and middle-income countries (LMICs) are facing a major challenge in road safety. Each year, 1.35 million people are killed on the worlds' roads, and a further 50 million are injured, with the vast majority of these (over 90 percent) occurring in LMICs. There is an upward trend in road crash...

The paper will focus on the resolution frameworks of a sample of 12 countries taken from 6 regions. The review of the sample countries is used to analyze issues that may be relevant for other countries and to discuss potential challenges faced in implementing effective safeguards. The remainder...

To move funds internationally, banks rely on correspondent banking relationships (CBRs), roughly defined as the provision of banking services by one bank (the correspondent) to another bank (the respondent). CBRs are essential to international payments and provide an essential nexus between...

Offshore wind holds tremendous promise for many emerging markets as a large-scale, clean, reliable form of new electricity generation with the potential to stimulate valuable economic benefits. However, developing a new offshore wind sector in an emerging market is no easy task. Decision makers...