A Guide to the World Bank
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The World Bank Group WBG , including its private sector arm, the International Finance Corporation IFC , is committed to actively integrating sustainability into our work with clients and strives to continually manage our corporate environmental and social impact. Utilizing our inventory management plan as a guide, we have collected and managed data from all of our offices since and began using a web-based data management system in to ensure a transparent and auditable process.
The WBG adopted a global corporate carbon emissions reduction target in line with climate science - to reduce direct and indirect carbon emissions from our global facilities by 28 percent by from a baseline. A range of measures are being considered, including using renewable energy wherever feasible and improving energy efficiency. Previous carbon targets were surpassed. The World Bank surpassed a voluntary goal of reducing GHG emissions by 10 percent between and from all owned and managed facilities—achieving a 20 percent reduction.
As of fiscal year , IFC headquarters achieved a 22 percent reduction in absolute electricity use from a fiscal year baseline.
Reduction achievements: Between , the WBG realized some emissions reduction from its facilities-based emissions Scope 1 and 2 by more than two percent, but saw an increase in emissions from business travel Scope 3 and thus overall emissions increased by 2. Each year, the WBG updates and discloses the Inventory Management Plan IMP that sets forth the current scope and vision of its commitment to inventory and manage GHG emissions for its internal global business operations. The inventory methodology is designed to meet the most rigorous and complete accounting and reporting standards.
The Bank Group has been percent climate neutral since through a combination of carbon offsets and renewable energy certificates RECs. In fiscal year , the WBG maintained climate neutrality through the purchase of CERs and high quality VERs that provide tangible development benefits in client countries.
Guides to Citing Data
These included energy efficiency, renewable energy projects in Cambodia, Honduras,India, Madagascar, and Nicaragua, and efficient cook stove projects in Chad. The World Bank has worked to reduce the amount of waste sent to landfills through a combination of source reduction, reuse, and recycling. Multilateral aid better partnerships for a post world. OECD Publishing, , BMJ ; :j Huq W. Analysis of recipient executed trust funds. World Bank.
A Guide to the World Bank:Third Edition: Default Book Series
Trust funds at the World Bank — a guide for donors and partners. The World Bank Group modified cash basis trust funds: report on internal control over financial reporting and combined statements of receipts, disbursements and fund balance. World Bank Group; Financial intermediary funds: meeting global development challenges through international partnerships. World Bank, c International Finance Corporation.
IFC support to health public-private partnerships. World Bank, World Bank Group Finances.
Fact sheet on World Bank trust funds. Trust fund reforms: progress to date and future directions. The World Bank annual report The third channel — new development aid financing in global health. Funding global health. Health Hum Rights ; 15 :E Responding to global public bads: learning from evaluation of the World Bank experience with avian influenza Trojan multilateralism: global cooperation in health. Glob Policy ; 4 The World Bank operations manual: Bank procedures — trust funds.
Guide to World Bank World Development Indicators
World Bank; Glob Public Health ; 9 What we do. Governing global health: who runs the world and why? Oxford University Press, Browne S, Cordon R. Vertical funds: lessons for multilateralism and the UN. World Bank and the global financing facility. International Development Association. Project appraisal document on a proposed credit in the amount of SDR Oxford University.
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Disease control priorities in developing countries, second edition. International Bank for Reconstruction and Development, Which donors, which funds? The choice of multilateral funds by bilateral donors at the World Bank. Policy Research Working Paper No.
The emergence of global attention to health systems strengthening. Health Policy Plan ; 28 When do vertical stand-alone programmes have a place in health systems? Some projects are continental or regional i. In those cases, the projects are not mapped.
The IFC invests in fewer projects and offers smaller amounts of funding. What Is The World Bank? World Bank Group. Lends at market rate Guarantees loans.