The Afghanistan New Market Development Project- Additional Financing (ANMD-AF) is an extension of the parent ANMDP that was launched as a pilot project in 2011 with the overall objective of transforming Afghanistan's major cities into strategic hubs of economic growth by supporting private sector development and attracting investments.
... See More + Some of the negative impacts and mitigation measures include: (i) ensure that carpet and weaving workers are provided safety kits (Personal Protection Equipment) at the facility and that they are trained in using it; (ii) ensure that all medical waste, including chemical residues, are properly disposed of at designated sites; (iii) proper disposal of hazardous materials at a designated site; (iv) incorporate fire safety into management plan, including means of warning and escape, internal fire spread, external fire spread, and access and facilities for the fire service; (v) ensure proper ventilation in the facility, if required for mining and mineral processing workers; (vi) earth roads should frequently be sprayed with water considering weather conditions and soil erodibility; (vii) all people within the vicinity of the factory site should use helmets and masks; (viii) ensure that the leftovers of a vaccination and other medical waste are properly disposed of at a designated site; (ix) proper signage should be in place in appropriate locations around the site to warn workers, visitors and other traffic; (x) the firm must comply with the Afghan Labor Law in not hiring underage children, particularly for work that may expose them to hazardous materials; (xi) if synthetic nylon or polyester materials are used in textile industries the waste must be properly managed and disposed of at a proper disposal site; and (xii) consider sand traps, silt fences, flushing programs, upstream reservoirs and cofferdams, intake design to enable sediment bypass, controlled dredging, physical bank stabilization, revegetation of erosive slopes.
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The development objective of the Nairobi Metropolitan Services Improvement Project for Kenya is to strengthen urban services and infrastructure in the Nairobi metropolitan region.
... See More + Some of the negative impacts and mitigation measures include: (1) cash compensation of all immoveable developments on the affected land, such as structures; (2) replacement of lost land by agricultural land of similar potential under similar customary tenure arrangements - cash compensation for land or non - cash compensation of land; (3) resettlement house of similar or better quality on a resettlement plot and cash compensation of the lost house per Kenyan law at full replacement value; and (4) cash compensation of standing perennial crops at replacement value and of non-perennial crops at market value.
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The development objective of Regional Agricultural Competitiveness Project for OECS countries is to enhance access to markets and sales for competitively selected farmers and fishers, as well as their allied aggregators and agro-processors, in Grenada and St.
... See More + Vincent and the Grenadines. This project has four components. 1) The first component, Support for Preparation of Business Plans, aims to: (a) promote an understanding of the Project’s scope and objectives through outreach to potential stakeholders and beneficiaries (such as individual and organized Farmers and fishers (FFs), Aggregators and Agro-processors (AAs), buyers, and lenders); (b) identify potential business opportunities for prioritized value chains and their translation into viable and profitable business proposals; and (c) prepare full business plans for selected proposals. 2) The second component, Implementation of Business Plans, aims to provide matching grants to co-finance the implementation of technically feasible, financially viable, economically profitable, socially responsible, and environmentally sustainable business plans, which, when implemented, will contribute to a consistent and timely supply of sufficient quantities of quality produce to buyers while providing a reliable income to allied FFs. 3) The third component, General Agricultural Services and Enabling Environment, aims to strengthen general agricultural public services directly linked to the subprojects described in Component 2 and needed to enhance the probability of success. 4) The fourth component, Project Management, Monitoring, and Evaluation, aims to ensure effective project implementation, monitoring of activities and final project evaluation.
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This paper provides an account of the Emerging Markets Corporate Governance Research Network (EMCGN) and its first ten years of activities. The Network was established under the auspices of the Global Corporate Governance Forum (now incorporated into International Finance Corporation (IFC’s) Corporate Governance Group).
... See More + The paper describes the history of the EMCGN and its objective (to stimulate research focused on corporate governance in emerging markets as well as transition and developing countries); its structure, which is a joint undertaking of corporate governance research centers and internationally recognized scholars, with IFC Corporate Governance acting as its catalyst; and its modalities: organizing workshops, holding biennial conferences, and disseminating and communicating research. The paper reviews the quantity and quality of EMCGN’s output, based on objective research rankings, and its effects on countries in capacity building and policy changes and development, based on the experiences of participants and policymakers exposed to its work. It concludes that EMCGN has been highly instrumental in delivering quality research, encouraging empirical cross-country investigations and collaborations, and fostering local research capacity building. This review of EMCGN also provides lessons for other networks aimed at supporting research related to economic and social development in emerging markets and developing countries. The case study of EMCGN shows that research networks in emerging markets can generate significant payoffs, provided that key success factors are in place and that barriers are recognized early on and addressed.The EMCGN has been instrumental in encouraging cross-country research, and its experiences make it clear that developing countries are different in many ways. The work of the EMCGN also reveals the need for more and better research and for better dissemination of the research on individual countries. It underscores a great need to share methodologies and, to the extent possible, make the lessons generally applicable.
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To support the growth of sustainable capital flows, IFC’s advisory services seek to influence, support, and enable capital market stakeholders to better integrate environmental, social, and governance (ESG) factors into capital allocation and portfolio management processes, using IFC’s own investment practices as a model.
... See More + IFC engaged Mercer to conduct a study to identify leading investment managers pursuing sustainable investment in emerging markets, their assets under management (AUM), and their capacity for integrating ESG into investment processes. This summary version of the report highlights the major findings of the study. There are three parts to this study: (i) Global survey of investment managers of emerging market equities (EME) responding to questions about their ESG capabilities; (ii) Country level research of ESG capabilities of mainstream investment managers; and (iii) Research on SI-labeled equity investment products across the emerging markets region.
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This new report presents the results of a systematic assessment of the World Bank’s 15-year experience with the productive alliance approach adopted by 21 projects in 10 countries across Latin America and the Caribbean.
... See More + With funding of over United States (U.S.) 1 billion dollar since the early 2000s, increasing evidence suggests that the productive alliance approach can lead to increases in productivity, market integration, and income of smallholder farmers. The findings of this report are based on a detailed overview and comparison of different productive alliance projects in terms of targeting strategies, subproject selection, implementation, monitoring, and evaluation. It provides valuable lessons on different design features and implementation experiences for future operations.
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Working Paper 110615 NOV 01, 2016
Horst,Alexandra Christina; Polo, Maria del MarDisclosed
This new report presents the results of a systematic assessment of the World Bank’s 15-year experience with the productive alliance approach adopted by 21 projects in 10 countries across Latin America and the Caribbean.
... See More + With funding of over United States (U.S.) 1 billion dollar since the early 2000s, increasing evidence suggests that the productive alliance approach can lead to increases in productivity, market integration, and income of smallholder farmers. The findings of this report are based on a detailed overview and comparison of different productive alliance projects in terms of targeting strategies, subproject selection, implementation, monitoring, and evaluation. It provides valuable lessons on different design features and implementation experiences for future operations.
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Working Paper 110615 NOV 01, 2016
Horst,Alexandra Christina; Polo, Maria del MarDisclosed
The development objective of Partnership for Market Readiness Project is to strengthen the government of Vietnam’s capacity to develop market-based instruments to reduce greenhouse gas (GHG) emissions.
... See More + This restructuring requires the additional financing of three million US dollars. The project development objectives will be achieved through three complementary components that will work towards developing the government’s core technical, policy and institutional regulatory market readiness to reduce GHG emissions in the country. This will be conducted through essential capacity development and improved data management at the central level, sustained stakeholder engagement to ensure efficient and effective leadership and implementation, and the design and preparation of market-based instruments (MBIs) in selected sectors to inform future carbon pricing approaches. The efforts towards preparing for and designing sector-specific MBIs in this project (Component 2) will work in parallel with the development of policy and management tools for carbon pricing readiness, (Component 1), both of which will prioritize No-regret measures, that would be beneficial irrespective of future policy decisions.
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The objective of the Additional Financing for the Community and Social Development Project for Nigeria is to increase access by the poor to improved social and natural resources infrastructure services in a sustainable manner throughout Nigeria.
... See More + Some of the negative impacts include: (i) waste generation and poor disposal including human faeces and urine; (ii) outbreak of diseases due to congestion and poor hygiene; (iii) traffic flow obstruction and risk of accident; and (iv) escalation of threat to insecurity due to exposure of the school premises to trespassers. Some of the mitigation measures include: (a) develop detailed specific mitigation measures with relevant costs implication that will need to be achieved during and after sub-project implementation; (b) specify responsibilities and institutional arrangement that will be put in place to ensure that the mitigation measures are implemented; (c) providing detailed design criteria for specific mitigation measures to be implemented; (d) tracking to ensure the effectiveness of the mitigation measures at meeting the discharge standards; (e) integrating environment fully into the various activities of the proposed project and ensuring inclusion of environmental requirements into tender documents, continuing management and evaluation of the environmental performance of the project; and (f) provide implementation and monitoring schedule.
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This is a statement by Mr. Ilho Yoo, Deputy Prime Minister and Minister of Strategy and Finance at the ninety-third meeting of the Development Committee held on April 16, 2016.
... See More + He states that a number of emerging market economies are facing a combination of low commodity prices, tightening financial conditions, and political challenges. The World Bank Group’s financial and advisory products will be an important source of support to many of these countries as they navigate this challenging situation. In all countries, policy reforms and investments that increase the productive capacity of economies and boost their resilience to shocks will be necessary to ensure sustained economic growth. The Committee encourage the World Bank Group, in partnership with the International Monetary Fund and other multilateral development banks, to continue to work with developing countries in these areas.
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This publication provides an assessment of new developments and recent trends on competition advocacy based on an innovative and comprehensive conceptual framework that builds on practical implementation by authorities across jurisdictions.
... See More + It systematically reviews different objectives of advocacy, the tools that authorities have been employing to these ends, the scope of legal mandates on the basis of which authorities develop these tools and the strategies with which authorities achieve tangible impacts for consumers and the broader economy. Against this background, the third chapter of this book further presents the individual results of advocacy initiatives awarded at the World Bank Group’s and International Competition Network’s Competition Advocacy Contest for 2014/15. The final chapter extracts the key lessons learned from successful competition advocacy initiatives, drawing on the results from all awarded stories under the Annual Competition Advocacy Contest and the experience of the World Bank Group in implementing competition policy projects and providing support to competition advocacy in 40 countries worldwide.
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Domestic capital markets are a vital source of stable, sustainable finance, and underpin a private sector associated with employment and economic growth.
... See More + Yet capital markets are underdeveloped across the emerging-market world, leading to illiquidity, elevated transaction costs, and other inefficiencies. Development banks can help foster stronger capital markets through local bond issuances, partial credit guarantees, anchor investments, risk sharing, and securitization assistance.
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This paper considers the regulatory frameworkthat is required to be put in place in order to support theestablishment of carbon market linkages, in particular,in light of the bottom-up approach contemplated by theParis Agreement.
... See More + Section two describes the key purpose ofthe paper and details the assumptions and other factorsthat are made in this paper concerning ‘networking’—aform of linking contemplated by the World Bank Group’s Networked Carbon Markets (NCM) initiative. The key assumption in the paper is that the parties seeking to link two or more carbon markets will, before considering theregulatory elements required for linking, have concluded that there must be political, administrative and/oreconomic rationale for linking. Section three considers the impact of the Paris Agreement, in particular Article 6, on carbon market linkage.Section four introduces the concepts of governance, legal and regulatory frameworks and seeks to draw a distinction between these three concepts, whilst recognising there is a degree of overlap.In section five discuss the regulatory framework that we consider to be necessary for carbon market linking when considered in the context of traditional linkage models (i.e., those that require greater homogeneity in order to establish linkages).In section six analyses a number of existing trading arrangements to assess whether they offer a suitable foundation for future linked carbon markets. This would potentially enable existing regulatory frameworks to be used as a means of jump-starting the linkage process.Section seven includes a more detailed discussion of the World Bank Group’s proposal for networking and the concept of mitigation value (MV) which is a fundamental element of networking. We consider the variety of modalities for linking, including the networking modeland the NCM transaction scenarios discussed in the NCM Concept Paper. This relates to the acceptance by one country of its MV assessment by a third party assessor. Although we highlight some of the new challenges this will throw up, we conclude that further development about how MV could be operationalised will be required before guidance on the regulatory frameworkfor networking can be further advanced.
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Ratings for the Market-Led Smallholder Development in the Zambezi Valley Project for Mozambique were as follows: outcome was moderately unsatisfactory, risk to development outcome was significant, Bank performance was moderately unsatisfactory, and Borrower performance was moderately unsatisfactory.
... See More + Some lessons learned included: rural institutions can play a key service delivery role in the absence of strong state capacity, but sustained support is needed to ensure their good governance and capacity to provide services to the poor. Social accountability tools are important elements of a project intended to be implemented through village-level organizations. A market-based approach to developing the smallholder sector requires an upfront analysis of skills, knowledge, and capacity in order to engage in various value chain activities, such as marketing. Simple technologies work best in poor rural communities. Behavior and incentives, both individual and at the policy level, should be placed at the heart of programs geared toward supporting sustainable land management.
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Project Performance Assessment Report 104190 MAR 30, 2016
