GLOBAL PUBLIC GOODS: A FRAMEWORK FOR THE ROLE OF THE WORLD ...

INT OPMENT

DEVELOPMENT COMMITTEE

(Joint Ministerial Committee of the

Boards of Governors of the Bank and the Fund On the

Transfer of Real Resources to Developing Countries)

OR RECONST

ERNATIONAL BANK F

WORLD BANK

RUCTION AND DEVEL

DC2007-0020 September 28, 2007

GLOBAL PUBLIC GOODS: A FRAMEWORK FOR THE ROLE OF THE WORLD BANK Attached for the October 21, 2007, Development Committee Meeting is a background report entitled "Global Public Goods: A Framework for the Role of the World Bank," prepared by the staff of the World Bank.

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GLOBAL PUBLIC GOODS: A FRAMEWORK FOR THE ROLE OF THE WORLD BANK

GLOBAL PROGRAMS AND PARTNERSHIPS (GPP)

SEPTEMBER 28, 2007

ACRONYMS

AIDS AMC AHIF CAS CEIF CFU CGIAR COMESA DGF ECOWAS ESMAP FAO FSAP GEF GEP GFATM GMR GPGs GPPs HSS IAVI IFFIm IFIs IMF IPAPI ITC MDGs MICs MLP NGOs ODA OECD OIE PHRD PRR ROSC SADC TRIPS UNAIDS UNCTAD UNDG UNDP UNEP UNFCCC UNICEF US PEPFAR WDR WHO

Acquired Immune Deficiency Syndrome Advance Market Commitments Avian and Human Influenza Facility Country Assistance Strategy Clean Energy Investment Framework Carbon Finance Unit (World Bank) Consultative Group on International Agricultural Research Common Market of Eastern and Southern Africa Development Grant Facility Economic Community of West African States Energy Sector Management Assistance Program United Nations Food and Agriculture Organization Financial Sector Assessment Program Global Environment Facility Global Economic Prospects Global Fund to Fight AIDS, TB, and Malaria Global Monitoring Report Global Public Goods Global Programs and Partnerships Health Systems Strengthening International AIDS Vaccine Initiative International Financing Facility for Immunization International Financial Institutions International Monetary Fund International Partnership on Avian and Pandemic Influenza International Trade Commission Millennium Development Goals Middle-Income and Emerging Market Countries Multilateral Fund for the Implementation of the Montreal Protocol Nongovernmental Organizations Official Development Assistance Organization for Economic Cooperation and Development International Animal Health Organization (Office International des Epizooties) Policy and Human Resources Development Fund Policy Research Report Report on the Observance of Standards and Codes Southern African Development Community Agreement on Trade-related Aspects of Intellectual Property Rights Joint United Nations Program on HIV/AIDS United Nations Conference on Trade and Development United Nations Development Group United Nations Development Program United Nations Environment Program United Nations Framework Convention on Climate Change United Nations Children's Fund United States President's Emergency Plan for HIV/AIDS Relief World Development Report World Health Organization

TABLE OF CONTENTS

Executive Summary ............................................................................................................. i I. The Bank's Role in the Provision of Global Public Goods ....................................... 1

A. Rationale for Collective Action on Global Public Goods....................................... 2 B. Criteria for Bank Engagement with Global Public Goods...................................... 3 C. Modalities for Bank Engagement with Global Public Goods................................. 5 II. Global Developments and Implications for the Bank's Role .................................... 7 A. Environmental Commons ....................................................................................... 7 B. Communicable Diseases ....................................................................................... 11 C. International Financial Architecture ..................................................................... 13 D. Strengthening the Trading System........................................................................ 14 E. Knowledge for Development................................................................................ 16 F. Approaches to Regional Public Goods ................................................................. 19 III. Actions to Enhance the Bank's role in the Provision of Global Public Goods........ 20 A. Integration of Global Public Goods and Country Development Strategies.......... 20 B. Partnership and Financing Modalities for the Provision of Global Public Goods 22 C. Constructive Advocacy......................................................................................... 25 D. Approaches to Regional Public Goods ................................................................. 25 IV. Issues for Discussion................................................................................................ 27

List of Boxes:

Box 1: World Bank Group Amazon Partnership Framework in Brazil.............................. 6 Box 2: Carbon Finance ....................................................................................................... 8 Box 3: Caribbean Catastrophe Risk Insurance Facility (CCRIF)..................................... 11 Box 4: Integrated Framework for Trade-related Technical Assistance ............................ 15 Box 5: Advance Market Commitments ............................................................................ 18

Annexes

Annex 1: Climate Change-related Indicators.................................................................... 28 Annex 2: Location of Outbreaks of Communicable Diseases .......................................... 29 Annex 3: World Bank Priorities for Support of Global Public Goods ............................. 30

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