Hydropower from dams has brought electricity — and development — to far-flung places around the world. But dams have a dark side, upending water supplies and species where they have been built.
The Government of India and the World Bank today signed a US$ 178.50 million credit for the Neeranchal National Watershed Project to improve watershed management in rural rain fed areas. The project builds on a longstanding partnership between the World Bank and Government of India around watershed management.
The Asian Development Bank (ADB) and the Government of Papua New Guinea (PNG) today signed grant and project agreements to help PNG build its resilience to the impacts of climate change.
A fast-growing solar power industry in India's Rajasthan will soon be transmitting up to 8,000 megawatts of renewable energy to the national grid.
Studies & Presentations
Given a poverty line, a person who is non-poor (poor) currently may not be treated as non-poor (poor) in a vulnerable situation. The poverty line is adjusted in the presence of vulnerability such that the utility of a person at the current poverty line and that at the adjusted poverty line become identical. Using an additive model of vulnerability, it is shown that if the utility function obeys constant Arrow-Pratt absolute risk aversion, then the harmonized poverty line is a simple absolute augmentation of the current poverty line.
The Pacific Possible: Climate change and Disaster Resilience report highlights the costs of making Pacific coastlines more resilient to climate change, which vary between one and thirteen percent of GDP across all Pacific Island countries, with higher costs in atoll island states such as Kiribati and Marshall Islands.