Economics & Development

This Training Curriculum for Community-Based Women Groups on Methane Reduction Practices and Climate-Sensitive Livelihood Improvement is developed as part of a pilot training initiative under the Nigeria for Women Project (NFWP), implemented in Ogun and Taraba States. The pilot aims to test and refine practical, gender-responsive approaches that empower rural women to adopt climate-smart waste management practices, reduce methane emissions, generate new sources of income, and enhance their leadership in environmental stewardship.

The development objective of the Supporting Reconstruction through Smart Fiscal Governance (SURGE) for Ukraine is to establish the institutional foundations for implementation and financing of climate-smart recovery and reconstruction. The additional financing is requested to close the original financing gap and scale up previously appraised but unfunded results so reforms move from regulatory design to sustained system use during an expanding reconstruction program, while reinforcing alignment with the European Union’s Ukraine Facility and broader economic governance expectations. The Bank will continue working in three areas: first, public investment management by making registration of all budgeted public investment projects in the Digital Restoration Ecosystem for Accountable Management (DREAM) mandatory, establishing regular interoperability with the Prozorro procurement platform, the State Treasury Service system, and budget information systems, operationalizing climate modules in DREAM, and ensuring that the Single Project Pipeline remains aligned with strategic priorities and integrates climate risk and mitigation in feasibility studies; second, local public financial management by expanding gender-informed medium-term budgeting and public reporting by hromadas, introducing systematic environmental and climate assessments for local investment proposals submitted through DREAM, requiring monthly reporting on local debt and guarantees, upgrading the Local Government Informational Analytical System for Managing, Planning, and Execution of Local Budgets (LOGICA) to digitally collect and analyze performance and gender information, and issuing and applying a Methodology for the Application of Gender Indicators in Budget Program Passports; and third, revenue administration by completing installation and operational use of an information technology solution for the Standard Audit File for Tax in Ukraine (SAF-T UA), publishing a State Tax Service Digital Development Plan aligned with the National Revenue Strategy 2030, and using compliance risk management data to inform the selection of large taxpayer audits. As a results-based operation with no physical components, the project intends to consolidate measurable improvements in transparent investment selection, climate- and gender-informed budgeting, reliable local fiscal reporting, and risk-based, digitally enabled tax administration, with independent verification of results and an extended closing date to allow completion and validation.

The objective of the Additional Financing of the Tropical Cyclones Eta and Iota Emergency Recovery Project is to support Honduras' response and recovery needs and strengthen institutional capacity to manage a resilient and inclusive recovery and reconstruction. The AF in the amount of 1.5 million dollar from the GFDRR will strengthen Honduras’s disaster risk management (DRM) and fiscal resilience by supporting payment of the annual premium for the country’s CCRIF parametric insurance coverage over the 2026-2027 period. Honduras is a recent member of CCRIF, joining in 2023 and purchasing an excess rainfall policy for the 2023-2024, 2024-2025, and 2025-2026 policy years. CCRIF membership enables Honduras to access parametric coverage that pays rapidly after model‑triggered events, helping smooth fiscal shocks from hydrometeorological hazards. The GoH received its first-ever payout from CCRIF of 4.67 million dollar in December 2024. This payment followed severe excess rainfall from Tropical Storm Sara between November 14 and 19, 2024, and was delivered within 14 days of the event. The GOH requested that the grant resources be channeled through the PRE, which already includes both a component (Component 4) and a disbursement category (category 4) designated for CCRIF premium financing. Using PRE’s established implementation arrangements enables rapid deployment of the grant to secure cost‑effective, ex‑ante disaster risk financing, ensuring timely liquidity in the event of excess rainfall and complementing broader DRM activities supported under the project.