Integrating biodiversity considerations into national planning can yield significant benefits, showcasing the value of natural capital accounting for other nations.
GPS and the World Bank Group are attending the Conference of the Parties (COP16) on Biodiversity in Cali, Colombia to support the unprecedented ambition enshrined in the goals of the Kunming-Montreal Global Biodiversity Framework (KMGBF). A decades-long leader on the nature agenda, the Bank is mainstreaming nature into development programs, economic policy, and strategic investments across sectors and regions, to serve as a key implementing partner for the KMGBF.
While many countries across the globe have experienced strong economic growth and improvements in human development outcomes over the last quarter of a century, natural resources continue to be degraded and overexploited, calling the sustainability of that growth into question. Is today’s growth coming at the expense of the wellbeing of the next generation? Revisit the launch of The Changing Wealth of Nations (CWON) report. The World Bank’s CWON program provides the most comprehensive wealth database currently available, which can provide insights on the sustainability of economic progress, complementing GDP.
The first action in the G-20 Sustainable Finance Roadmap proposes six high-level principles for the development and global coordination of approaches to align investments with sustainability goals. “Alignment approaches” are national and international frameworks for the financial sector that aim to monitor global sustainable finance flows and ensure that they are contributing to the temperature goals of the Paris Agreement, the Sustainable Development Goals (SDGs), and other international sustainable finance objectives.
The goals of a circular economy are to reduce waste, conserve resources, and minimize environmental impact by keeping products and materials in use for as long as possible. How can this concept help Central Asia achieve sustainable growth?
This year’s annual report highlights GPS work and success in supporting countries to adequately price natural capital and ecosystem services into decision making.
Bangladesh has made important progress in economic growth and poverty reduction, but much of this progress has come at the cost of high carbon intensity and resource inefficiency, high levels of pollution, reduced climate resilience, and environmental degradation.
The 2023 Country Environmental Analysis (CEA) aims to support the Government of Bangladesh (GoB) in informing policies and investments for improving environmental health and pollution management, a critical step towards a green growth pathway.
Protecting the Amazon rainforest is crucial for maintaining its role as “the lungs of the world.” The rainforest stores carbon dioxide from the atmosphere, serves as a hotspot of biodiversity, and stabilizes regional temperatures.
This report presents an analysis – conducted between October 2021 and April 2022 - of ESG disclosure practices among leading companies listed on the Thai Stock Exchange using a checklist of general reporting indicators and of primary specific ESG indicators that Thai companies would be anticipated to disclose on.
Data and statistics play a critical role in the prioritization of policies and investments for Bangladesh to achieve green, resilient, and inclusive development (GRID).
The Government of Ethiopia (GoE) has set ambitious goals to protect and increase productivity of renewable natural capital. Natural capital accounts for about 40% of Ethiopia’s total wealth, with cropland and pastureland comprising over two-thirds of this wealth.
The World Bank Group’s mission is to end poverty on a livable planet. With more than 50 percent of global GDP - $44 trillion in economic resources – dependent on nature, it is critical to understand the economic impact of biodiversity to achieve this mission. How do we do this?
The 7th Global Policy Forum on Natural Capital, Implementing the Global Biodiversity Framework: Leveraging Natural Capital Data, Accounting and Analysis to Inform Policies, took place in Kagali, Rwanda
Nature, which includes biodiversity and services provided by healthy ecosystems, is at the heart of critical development challenges like health, jobs, poverty, inequality, climate change, food security, and fragility. And yet nature is in decline, despite being the most precious asset that many countries have to tackle climate change, end poverty, and ensure sustainability.
Solar-powered groundwater irrigation is growing quickly in low and middle-income countries.
Rwanda has achieved impressive growth and poverty reduction over the past two decades. e share of the population below the national poverty line fell by more than 20 percentage points from 2001 to 2017, while life expectancy, access to health care, and educational attainment have improved sharply. However, while poverty continued to fall until the eve of the pandemic, the amount of poverty reduction generated by each percentage point increase in gross domestic product (GDP) per capita fell, and the pandemic and a series of external shocks have likely increased poverty rates
GPS is supported by Germany’s Federal Ministry for Economic Cooperation and Development (BMZ), the Department for Environment, Food and Rural Affairs, United Kingdon (DEFRA), and the State Secretariat for Economic Affairs, Switzerland (SECO).
