A rainforest can be modeled as a dynamic
asset subject to various risks, including risk of fire. Any
small part of the forest can be in one of two states: either
untouched by forest fire, or already damaged by fire, in
which case there is both a local forest loss and increased
dryness over a broader area. In this paper, two Bellman
equations are constructed, one for unharmed forest and a
second for already burnt forest. The analysis solves the two

This Country Partnership Framework (CPF)
is designed to support the forthcoming Chad Five-Year
Development Plan (2016-2020). It succeeds the Interim
Strategy agreed with the Government of Chad in March 2010.
The Interim Strategy Note (ISN) set out the World Bank
Group’s (WBG’s) support to Chad for the period 2010-2012.
The strategy was composed of three main pillars:
strengthening governance; improving livelihoods and access

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.

This Systematic Country Diagnostic (SCD)
covers eight small Pacific island countries (PIC8):
Kiribati, Marshall Islands, the Federated States of
Micronesia, Palau, Samoa, Tonga, Tuvalu, and Vanuatu. The
objective of the SCD is to identify the most critical
constraints and opportunities facing the PIC8 to meet the
global goals of ending absolute poverty and boosting shared
prosperity in a sustainable manner. The report is intended

This issue includes the following
headings: Climate Change and Rural Livelihoods in
Bangladesh; Natural Disasters and Household Well-Being; Road
Improvement and Deforestation, Pathways toward Zero-Carbon
Electricity; The Need for Broader Information in Climate
Change Assessment; Effectiveness of Protected Areas; and
Vulnerability to Malnutrition in the West African Sahel

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

Mauritius has been a success story since
independence, moving from low income to uppermiddle-income
status. Close public-private partnerships facilitated
private sector-led growth in astable macroeconomic and
institutional environment. The government implemented an
activeindustrial policy to support private sector
competitiveness while exploiting global trade nichescreated
by preferential access arrangements. As a result, savings

The objective of this Systematic Country
Diagnostic (SCD) is to identify the priority constraints
Bolivia faces in sustaining its gains on reducing poverty
and enhancing shared prosperity over the next years. It will
analyze the dynamics behind the progress achieved in the
past decade on inclusive growth, and identify a number of
key constraints for sustaining and consolidating this
progress. The SCD begins, in Chapter two, with a

Colombia has made impressive strides in
reducing poverty and promoting shared prosperity during the
last decade. Extreme poverty fell from 17.7 percent in 2002
to 8.1 percent in 2014, while total poverty (including
moderate poverty) fell from 49.7 percent in 2002 to 29.5
percent in 2014. The decline implies that 6.2 million people
left poverty in the period. The multidimensional poverty
rate, which takes into account education, health, labor,

Biochar is the carbon-rich organic
matter that remains after heating biomass under the
minimization of oxygen during a process called pyrolysis.
There are a number of reasons why biochar systems may be
particularly relevant in developing-country contexts. This
report offers a review of what is known about opportunities
and risks of biochar systems. Its aim is to provide a
state-of-the-art overview of current knowledge regarding

This Systematic Country Diagnostic (SCD)
aims to identify the major constraints on and opportunities
for sustaining poverty reduction and shared prosperity in
Serbia. The SCD serves as the analytic foundation on which
the World Bank Group and the Government of Serbia will
define a new Country Partnership Framework for FY2016 to
FY2020. It is based on the best possible analysis, drawing
on available evidence, and not limited to areas where the

This report provides a baseline
institutional and regulatory assessment of the oil and gas,
mining (including jade and gemstones) and the hydropower
sectors in Myanmar. As such the report is an input to
Extractive Industries Transparency Initiative (EITI) in
Myanmar. However, it is not exhaustive with respect to all
the sectors that may be considered under a scoping study for
EITI .This report is the first in-depth study of the context