The global financial roller coaster, with the Euro zone as its lead car, has hit economic prospects across the globe. The South African economy, with its close links to the world economy, has suffered, too, resulting in weakened growth prospects, lower fiscal revenues, lower and more volatile valuation of the rand, and dampened external financing. This further compounds the policy challenges facing the authorities, on top of their preoccupation with unyielding unemployment, which requires higher and more inclusive economic growth.

Reforestation measures for degraded lands, strategies for the sustainable management of forest resources, and agroforestry practices that incorporate trees into farming systems are increasingly demonstrating their promise for producing commercialized tree products. Although the level of investment so far has remained modest, the challenge is to find ways to scale up promising investments in a way that will have a clear impact at the landscape level.

Africa is currently experiencing the world's fastest urbanization rate at 3.5 percent annually-placing increasing pressure on resource-constrained local governments to maintain and improve livability standards of their cities. But simultaneously, an 'Information and Communication Technologies' (ICT) revolution has swept across the continent-as evidenced by vastly improved telecommunications and internet infrastructure, leapfrogging mobile communications penetration rates, and emergence of a successful homegrown IT applications industry.

Mexico, Costa Rica, and Ecuador have substantial experience with implementing payments for ecosystem services (PES) and conservation incentive programs. Yet, many aspects of their experiences remain poorly understood and will require special attention in any new or expanded use of these types of incentives.

This note examines how to maximize the benefits from the use of market instruments in support of developing countries' low-emission development priorities. First, it briefly surveys the current state and trends of the carbon market, highlighting the main achievements of carbon finance over its decade-long history. Second, it reviews updated scenarios of the scale of future carbon markets and associated financial flows, in light of developments in climate negotiations and domestic markets.

For Ghana's national REDD plus scheme to be viable, the rights to carbon or the emission credits generated must be clearly delineated, and be accompanied by equitable and efficient benefit sharing systems. There are a number of approaches that the State can use to determine whom to vest the right to carbon in. If defined as a natural resource, the state would be vested with the rights. If recognized as an ecosystem service, then the right to the benefits would be vested in the owner of the trees.

This publication is the result of an initiative to promote an exchange between Brazil and African countries on lessons learned about the role of community forestry as a strategic option to achieve the goals of Reducing Emissions from Deforestation and Forest Degradation (REDD+). The initiative was supported by the World Bank with funding from the Global Environment Facility (GEF), and coordinated by the Amazonas Sustainable Foundation (FAS) with support from the National Forestry Agency International (ONFI).

This report examines how green growth and sustainable development policies can be incorporated into structural reform agendas. Indeed, as demonstrated in the report, many of these policies are closely linked and synergistic with the framework policies applied by G20 governments in their efforts to pursue strong and sustainable growth.

This report presents the results of a review of the World Bank's Strategic Environmental Assessment (SEA) experience undertaken by the World Bank learning community-the SEA Community of Practice (CoP). This report is no more than a first step. Its findings and results cannot be treated as conclusive.

The growth of agriculture output over the past 200 years has been phenomenal. When Malthus wrote in 1798, he perceived limits on agricultural production as serious and imminent. Since then world population has increased by six-fold and global agricultural production has more than kept pace. Falling real grain prices for most of the 20th Century are cited as evidence. The sources of the increase in food production, however, have been quite different and have come in distinct waves. For most of the 19th century, increased output came from expanded land area in production.

Mongolia has very significant natural resources and a large part of the population is dependent on them for their daily living. The impact of the state of the environment on the living standards of herders is obvious, but also Mongolians living in the capital Ulaanbaatar have learned that air pollution, especially in winter, and other environmental problems have a deep impact on their living standards. The Government of the Netherlands has established a Trust Fund at the World Bank to support environmental activities in Mongolia.

Agricultural investments made by developing countries and multilateral development banks (MDBs) have declined in recent decades. This decline is associated with a slowdown in the growth of agriculture productivity. Most development institutions have recognized the damage caused by this past neglect, in part evident in rising food prices, and renewed attention to agriculture and agribusiness is emerging. But this renewed interest will need to deliver results, especially in Sub-Saharan Africa, where the MDBs have had the least success but where the needs and opportunities are enormous.