Situated in a fertile low-lying river
delta, Bangladesh combines high vulnerability to floods,
tropical cyclones, earthquakes, and climate change with one
of the world’s highest population densities, with around 159
million people living in less than 150,000 sq. km. With the
world’s second lowest per capita income in 1975, it was
labeled ‘the test case for development’ in view of the
formidable development challenges it faced. Nevertheless,

This report is on possible improvements
on management of revenues from auctioning of European Union
Emissions Trading System (EU ETS) allowances and use of
flexibility mechanisms in Romania. The principal objective
of this report is to propose improvements on management of
revenue from the auctioning of EU ETS allowances, as well as
describe possible use of flexibility mechanisms in Romania,
in order to mobilize and enable both public and private

This report presents the water and
climate adaptation plan (WATCAP) developed for the Sava
river basin (SRB) as result of a study undertaken by the
World Bank. The WATCAP is intended to help to bridge the gap
between the climate change predictions for the SRB and the
decision makers in current and planned water management
investment projects that will be affected by changing
climate trends. The purpose of the report is to: (i) assist

The World Bank Group (WBG) Country
Partnership Framework (CPF) for Egypt forFY15-19 has been
prepared at an important juncture in Egypt’s history to
support transformational changes to the economic and social
space. It builds on the Government of Egypt’s (GOE)
medium-term strategy and national priorities for economic
development, responds to client demands, and is informed by
consultations with a broad array of stakeholders in Egypt.

Liberia had an estimated 4.3 million
hectares of forests in 2011, comprising approximately 50
percent of Liberia’s landmass. These forests support very
high levels of biodiversity, provide a wide range of
ecosystem services (for example, bush meat, medicines,
construction materials, and charcoal), and generate
employment and revenue from commercial and chainsaw logging.
Encouraging inward investment while striking a sound balance

Maldives is an island nation scattered
in the Indian Ocean comprising 1,190 small coral islands of
which 190 are inhabited by a local population of 341,000.
Maldives’ unique archipelagic coral island provides the
country with an extremely rich and diverse marine ecological
system. With more territorial sea than land, marine
resources have played a vital role shaping the contours of
economic development, with nature-based tourism being the

In support of the Climate Change and Low
Carbon Green Growth Program of Romania (LCGGP), the World
Bank has prepared the current report with the aim of helping
the Romanian Government to operationalize the strategic path
chosen by the country for implementing its National Climate
Change and Low Carbon Green Growth Strategy 2016-20302
(NSCC) and the associated 2016-2020 Action Plan for Climate
Change (APCC). This includes some relevant institutional

The World Bank Group was a principal founding partner of the Global Environment Facility (GEF) in its pilot phase in 1991, and of the restructured GEF in 1994. The Bank plays three different roles in the GEF: (a) as trustee of the GEF and related trust funds, (b) as implementing agency, including the implementation of private-sector GEF projects by the International Finance Corporation (IFC), and (c) as the host organization of the functionally independent GEF secretariat.

With 2015 marking the transition from
the Millennium to the Sustainable Development Goals, the
international community can celebrate many development
successes since 2000. Three key challenges stand out: the
depth of remaining poverty, the unevenness in shared
prosperity, and the persistent disparities in non-income
dimensions of development. First, the policy discourse needs
to focus more directly on the poorest among the poor. While

The Country Policy and Institutional
Assessment (CPIA) Africa report describes the progress
African countries are making on strengthening the quality of
their policies and institutions. Some of the results from
this report include: The overall quality of policies and
institutions in countries in Sub-Saharan Africa was
unchanged in 2014, but there was much variation in
performance across countries. More than half the countries

Megacity Dhaka encounters various kinds
of natural disasters quite frequently owing to its
geographical location and a number of other physical and
environmental conditions including low topography, land
characteristics, multiplicity of rivers and the monsoon
climate. Climate and disaster resilience is not the same in
all parts of a city. Spatial variations in resilience
patterns result from differences in the strengths and

This report analyzes global prospects
for fisheries and aquaculture. The World Bank Group (WBG)
Agriculture Action Plan 2013-15 summarizes critical
challenges facing the global food and agriculture sector. An
ever-increasing global population necessitates adequate food
and nutrition for the growing population through increased
production and reduced waste. Production increase must occur
in a context where resources necessary for food production,