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This report examines the impacts of subsidies on the world's stock of foundational natural capital: clean air, land, and oceans. It presents new research on the magnitude and impact of these subsidies, and presents solutions to reform them in efficient and equitable ways.

The natural endowment of the Democrat Republic of Congo, in the form of land, minerals, and forests, is unparalleled. The right mix of policies has the potential to unleash incentives that could transform the economy. However, transport infrastructure in the DRC is amongst the sparsest and most dilapidated in the world, and this lack of infrastructure is likely a significant constraint to growth. This work considerably advances the information that is available to infrastructure planners, and provides methodologies that could be used to make more informed decisions to identify trade-offs...