Over half a century ago, Lao PDR began its journey to become a modern nation and committed itself to long-term development ambitions. It has delivered electricity, schools, roads, and has become an important energy exporter.
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Protecting a Global Public Good with Information and Innovation“Natural resource law enforcement is a global public good and not enough is being done in this area,” says William Magrath, Lead Natural... Show More + Resources Economist, The World Bank. “Many of the most damaging environmental crimes involve transnational activities, such as smuggling, where the effectiveness of the authorities in any one country is inherently limited. There are big gaps when it comes to financing, policy and capacity, which is why the environment sector in developing countries is more vulnerable to crime than other sectors and international cooperation is essential."The Bank actively identifies investment and policy reform needs so that it can help fill the gaps. Because there is little information on wildlife crimes and networks, the Bank is funding the ICCWC’s work to establish a mechanism for criminal intelligence. To address the lack of country data, the ICCWC’s analysis of wildlife law enforcement Show Less -
Bank Group ContributionOver the past decade, the Bank (IBRD/IDA) committed funding for US$33 billion, from which IDA’s contribution was US$7.7 billion (23 percent) to support investment in environment... Show More + and natural resource management (ENRM). By far, climate change has been the fastest growing ENRM area where the Bank is supporting client countries. Other areas that have significantly expanded in the last five years are environmental policy and institutions, and water resource management. As for the types of funding provided over the decade, development policy lending accounted for 30 percent and investment lending 70 percent of the Bank’s ENRM portfolio. The trend is in favor of development policy lending that increased to 33% of the ENRM portfolio in the last five years (FY09-13).In addition to funding ENRM projects directly, IDA has leveraged additional funds through the Global Environment Facility (GEF) and other agencies and organizations. Specifically, the GEF provides grants to ID Show Less -
August 29, 2007— From more than 400 miles in space, the World Bank is pinpointing the true extent of one of the planet’s major environmental problems – gas flaring.The problem isn’t new. Gas flaring –... Show More + a byproduct of petroleum production that spews about 400 millions of tons of greenhouse gases in the atmosphere – has been going on for decades. But new satellite imagery, commissioned by the Bank’s Global Gas Flaring Reduction public-private partnership, is showing that some countries are burning off more gas than what was initially reported.The imagery has reshuffled who are the top 20 gas-flaring nations, compared to previous official figures from 2004. Russia has moved to No. 1, replacing Nigeria, and new on the list, based on what satellite sensors see on their 14 daily globe-girdling journeys, are China, Oman, Uzbekistan, Malaysia, Egypt, and Saudi Arabia.The World Bank collaborated with the U.S. National Oceanic and Atmospheric Administration to produce the eagle-eyed imagery.“Gas Show Less -