Impact

Financial Products & Client Solutions (View the entire series at documents.worldbank.org)

• Brazil - Financial Instruments for Energy-Efficient Cities
• Kenya Secures First IDA Cat DDO (2018) 
• Supporting  Côte d’Ivoire with an IBRD enclave loan using the future export revenue of cashew nuts (2018)
• Affordable Housing Finance in West Africa (2018)
• Supporting Energy Efficiency in Vietnam (2018)
• Insuring the Philippines Against Natural Disasters (2018)
• Helping Malaysia Develop the Green Sukuk Market (2018)
• Concessional Financing for Refugees and Host Communities in Middle-income Countries (2018)
• Taking the Risk out of Interest Rate Risk (2018)
• Supporting Energy Efficiency in Vietnam (2018)
• Managing Exposure to Oil Price Volatility in Uruguay (2016)
• Financing Education in Colombia (2015)
• Helping Small Island States Cope in the Aftermath of Natural Disasters (2015)
• Innovative Investment Project Financing Supports Energy Stabilizing Fund in Uruguay (2015)
• Accessing New Financial Markets and Improving Borrowing Terms in Serbia (2015)
• Managing Catastrophe Risk in Guatemala (2015)
• Blending Financing from Multiple Sources to Reduce the Overall Cost of Financing in China (2015)
• Customizing the Debt Repayment Schedule to Improve Fiscal Sustainability in Brazil (2015)
• Managing Catastrophe in Costa Rica
• Facilitating Catastrophe Risk Transfer (Caribbean Catastrophe Risk Insurance Facility)
• Alleviating Funding Pressures and Debt Roll-over Risks in Albania (2015)
• Insuring Against Natural Disaster Risk in Mexico (2015)
• Helping Morocco Mitigate Currency Risk on Liabilities Owed to a Third Party (2015)
• Local Currency Financing in Uruguay (2015)
• Accessing Local Currency Financing and Risk Management Tools at the Sub-national Level in Mexico (2015)
• Securing Long-Term Financing for Clean Technologies in Mexico (2015)
• Investing in Residential Energy Efficiency Programs in Mexico (2015)
• Leveraging World Bank Group Balance Sheet to Mobilize Financing for a Transport Project in Brazil (2015)
• Mitigating the Impact of Drought on Energy Production in Uruguay (2015)
• Boosting Investor Confidence in Indonesia (2015)
• Local Currency Financing at the Sub-national Level in Mexico (2015)
• Mitigating the Impact of Drought on Food Security in Malawi (2015)

Flagship Publication

Reserve Management Survey Report

• 4th Edition: Reserve Management Survey Report 2023: Insights into Public Asset Management
• 3rd Edition: Central Bank Reserve Management Practices: Insights into Public Asset Management (2021)
• 2nd Edition: Central Bank Reserve Management Practices: Insights into Public Asset Management from the Second RAMP Survey (2020)
• 1st Edition: Inaugural RAMP Survey on the Reserve Management Practices of Central Banks: Results and Observations (2018)

Thematic Studies Series

• Gold Investing Handbook for Asset Mangers
• Can Crypto-Assets Play a Role in Foreign Reserve Portfolios?: Not Today, and Likely Not in the Near Future
• ESG Investing: A Primer for Central Bank Reserve Managers
• Central Bank Governance and Reserve Portfolios Investment Policies: An Empirical Analysis
• RAMP Note Series (Members only. Please see Client Portal for documents.)
• The Convergence of Sovereign Environmental, Social and Governance Ratings (2021)

Articles & Blogs

• Has the pandemic fundamentally changed reserve management? Insights from 119 central banks 
  World Bank All About Finance Blog by Carmen Herrero, Philip Dongsoo Hong, Daniela Klingebiel, Robert Lucas and Maro Ruiz 
• What challenges do central banks face to implement environmental, social, and governance investing? 
  World Bank All About Finance Blog by Eric Bouyé, Dr. Daniela Klingebiel and Marco Ruiz.
• Serving Public Asset Managers Globally for Two Decades: The Reserve Advisory & Management Partnership (RAMP) 
  World Bank Voices Blog by MDCFO Anshula Kant, Vice President & Treasurer Jingdong Hua, Asset Management & Advisory Department Director Thérèse Couture. 
• Strengthening Central Bank Reserve Management During a Global Crisis 
  World Bank Voices Blog by MDCFO Anshula Kant, Vice President & Treasurer Jingdong Hua, Asset Management & Advisory Department Director Thérèse Couture, and RAMP Manager Dr. Daniela Klingebiel
• Public Asset Managers Reevaluate Investment Strategies amid Rising Interest Rates and Declining Growth Prospects 
  World Bank, RAMP
• Two decades of investing in reserve managers: World Bank Treasury’s RAMP CentralBanking.com

Investor Newsletters

•  2018, 2017, 2016, 2015

Green Bond Impact Reports

• 2017, 2016, 2015

Green Bond Investor Updates

•  2016, 2015, 2014 (and Francais), 2013, 2012, 2011, 2010, 2009

Other Funding Program Publications

• Pension Fund Service: Green Bonds (2017)
• Pension Fund Service Local Government 2015. "Getting to Know the Green Bond Market"
• Emerging bond markets: No longer the next frontier (2014)
• A global issuer's perspective on structured products (2013)
• Forty years of World Bank bonds in Japan (2012)
• Global Growth, Opportunities and Challenges in the Sukuk Market: The role of Sukuk in meeting global development challenges (2011)
• The World Bank’s MultiCat Program:using catastrophe bonds to insure against natural disaster risks (2011)
• KangaNews Quarter Century Perspective, Doris Herrera-Pol and Andrea Dore (2011)
• Green bonds: a model to mobilise private capital to fund climate change mitigation and adaptation projects (2010)
• Euromoney Environmental Finance Handbook 2010. "Green bonds: a model to mobilise private capital to fund climate change mitigation and adaptation projects"
• The Environmentalist 2010. "Investing in low carbon development"
• Capital markets as greenhouse gas emission reduction drivers (2009)
• Do capital markets have a role in making catastrophe insurance a new development tool? (2008)
• Retail government debt programmes (2007)
• Emerging islamic capital markets: a quickening pace and new potential (2006)
• The opening of new markets to foreign issuers: what has changed in the new millennium? (2005)