This publication presents the results of a 2-year effort to update environmental assessment in the People's Republic of China (PRC). The research was a collaborative effort involving the Asian Development Bank (ADB), the Ministry of Environmental Protection, the National Development and Reform Commission, and numerous other technical and research institutions in the PRC. Based on this research and extensive consultations, ADB proposes a wide range of programs and policies that will help improve environmental quality despite new and emerging sources of pollution and challenges to natural resources management. Inclusive growth and a green economy are the government's guiding principles for its development agenda under the 12th Five-Year Plan and beyond to 2020. To support these principles, the PRC needs to restructure its economic and fiscal systems to reflect environmental externality, expand the use of market-based instruments to control pollution, and introduce and implement legal reforms to clarify responsibility and promote cooperation.
Uzbekistan has achieved sustained growth through its gradual transition to a market-based economy through cautious economic policy reforms. Despite its gradual approach to development challenges, the country experienced the smallest output decline among former Soviet economies and enjoyed high rates of economic growth from 2004 to 2015, largely driven by the high prices of its major export commodities. However, the drop in the global prices of many key commodities in recent years have severely impacted Uzbekistan's economy. Under these circumstances, the new government introduced major reforms. The pace of reform is unprecedented. The government has formulated its long-term economic strategy in its Vision 2030, which aims to double the country's gross domestic product by 2030 through a program of economic diversification. This book analyzes how Uzbekistan can boost sustainable economic growth to create more and better jobs. It considers how the country can consolidate achievements from recent policy reforms and maintain reform efforts to accelerate sustainable growth. Policy recommendations cover fostering macroeconomic stability, increasing investment in physical infrastructure, enhancing human capital, improving firms' access to finance, and lowering barriers to international trade and foreign investment inflows.
A large financing need challenges climate-adjusted infrastructure in developing Asia, estimated at $26 trillion till 2030. This necessitates crowding-in private sources to meet financing, efficiency, and technology gaps. However, a lack of bankable projects is a major hurdle. This publication suggests one possible innovative financing approach. The Green Finance Catalyzing Facility (GFCF) proposes a blended finance framework for governments and development entities to better leverage development funds for risk mitigation, generate a pipeline of bankable green infrastructure projects, and directly catalyze private finance. The GFCF provides useful inputs for the current debate on mainstreaming green finance into country financial systems.
By the year 2000, the world had built more than 45,000 large dams to irrigate crops, generate power, control floods in wet times and store water in dry times. Yet, in the last century, large dams also disrupted the ecology of half the world's rivers, displaced tens of millions of people from their homes and left nations burdened with debt. Their impacts have inevitably generated growing controversy and conflicts. Resolving their role in meeting water and energy needs is vital for the future and illustrates the complex development challenges that face our societies. The Report of the World Commission on Dams: - is the product of an unprecedented global public policy effort to bring governments, the private sector and civil society together in one process - provides the first comprehensive global and independent review of the performance and impacts of dams - presents a new framework for water and energy resources development - develops an agenda of seven strategic priorities with corresponding criteria and guidelines for future decision-making. Challenging our assumptions, the Commission sets before us the hard, rigorous and clear-eyed evidence of exactly why nations decide to build dams and how dams can affect human, plant and animal life, for better or for worse. Dams and Development: A New Framework for Decision-Making is vital reading on the future of dams as well as the changing development context where new voices, choices and options leave little room for a business-as-usual scenario.