- Public debt estimated to reach 64.8 percent of GDP in June 2023.
- Adverse weather conditions, including a long-term drought, caused agricultural sector contraction.
- Rapid urbanization not matched by adequate planning and investment in urban infrastructure.
- High pace of motorization exceeding capacity of public transport system.
- Inadequate WASH services resulting in significant economic losses.
- Low agricultural productivity and reliance on rainfed agriculture.
- Vulnerability of infrastructure to climate risks.
- Growing GHG emissions despite predominantly renewable energy mix.
The World Bank Group
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, The World Bank Group disclosed greenhouse gas emissions of 143 million metric tons of carbon dioxide equivalent (MtCO2e) (expected by 2030). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
143 million metric tons of carbon dioxide equivalent (MtCO2e) (expected by 2030)
2023
Renewable Energy
90%
of total energy
Water Usage
21 cubic kilometers of internally renewable water resources
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 143 million metric tons of carbon dioxide equivalent (MtCO2e) (expected by 2030) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced thermal (fossil fuel-based) capacity from about one-third to about one-fifth of installed capacity between 2015 and 2023, with generation halving to contribute only 10–12 percent of total energy generation in 2022.
- Nearly 6 million tonnes of traffic transported by SGR in 2021, reducing emissions in freight by reducing the fuel consumption of heavy trucks.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve universal access to safe and affordable water supply and sanitation services by 2030.
- Achieve universal access to improved cooking systems by 2028.
📅 Medium-term
- Become an upper-middle-income country (UMIC) by 2030.
- Install more than 1,500 MW of additional power capacity by 2030.
🔭 Long-term
- Achieve net zero emissions by 2050.
🌱 ESG Focus Areas
Climate ChangeInclusive GrowthResilience