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A notable example how climate change is impacting trade is through the agricultural industry in Indonesia. Rising temperatures, a change in precipitation patterns and increased occurrence of extreme weather events pose a threat to food security and crop yield, thereby impacting the efficiency of transportation systems to import and export goods ...
The World Integrated Trade Solution (WITS) is a trade software provided by the World Bank for users to query several international trade databases.. WITS allows the user to query trade statistics (export, import, re-exports and re-imports) from the UN's repository of official international trade statistics and relevant analytical tables (UN COMTRADE), tariff and non-tariff measures data from ...
The bank is engaged in several global partnerships and initiatives, and takes a role in working toward addressing climate change. The World Bank hosts an Open Knowledge Repository for its publications. In 2020, the World Bank's total commitments amounted to USD 77.1 billion, it had 12,300 full-time staff, and it operated in 145 countries. [5]
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...
[39] [40] Unlike many of its more export-dependent neighbours, Indonesia managed to skirt the Great Recession, helped by strong domestic demand (which makes up about two-thirds of the economy) and a government fiscal stimulus package of about 1.4% of GDP. After India and China, Indonesia became the third-fastest growing economy in the G20.
The city is one of the world's most vulnerable cities to the impacts of climate change. Due to its geographical and natural diversity, Indonesia is one of the countries most susceptible to the impacts of climate change. [17] This is supported by the fact that Jakarta has been listed as the world's most vulnerable city, regarding climate change.
Since 2004, World Bank assistance has evolved into a more collaborative system of support for a policy agenda with significant domestic control and guidance, better conforming with Indonesia's middle-income country classification. As of March 2017, the Bank's lending portfolio comprised 31 ongoing projects, totaling $7 billion in investment value.
Association of Southeast Asian Nations – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam – are among the most vulnerable to the effects of climate change in the world, but their climate mitigation efforts have been described as not commensurate with the climate risks faced. [51]