Auctions bring together buyers and sellers to agree on a price for goods or services that are otherwise difficult to value. In climate finance, reverse auctions can be used to produce the biggest bang...
Date: January 11, 2017
Type: Feature Story
Language: English
It started with the bang of a gavel. Since the adoption of the Paris Agreement in December 2015, the world has seen a year of unparalleled ambition on climate change. Almost every country on Earth – 190...
Date: November 7, 2016
Type: Feature Story
Language: English
WASHINGTON, November 3, 2016 – The World Bank Group today released the following statement from World Bank Group President Jim Yong Kim on the eve of the Paris Climate Change Agreement going into force:...
Date: November 3, 2016
Type: Press Release
Language: English
Manila, Philippines, August 9, 2016 – Climate finance totaling $81 billion was mobilized for projects funded by the world’s six largest multilateral development banks (MDBs) in 2015. This included...
Date: August 9, 2016
Type: Press Release
Language: English
Nearly twenty Canadian companies signed on today to join the Carbon Pricing Leadership Coalition (CPLC), which brings together governments, businesses and civil society groups to identify and address the...
Date: July 15, 2016
Type: Feature Story
Language: English
The 2015 year highlighted the growing momentum for countries to voluntarily embrace putting a price on carbon pollution, as a means of cutting emissions. The report, Carbon Pricing Watch 2016, shows...
Date: May 25, 2016
Type: Feature Story
Language: English
Sweden has the rare distinction of having consistently curbed carbon dioxide emissions over the past two-and-a-half decades while enjoying solid growth. In so doing, it has set a model that much of the...
Date: May 16, 2016
Type: Feature Story
Language: English
Representatives from more than 30 countries, including some of the world’s largest carbon emitters, recently gathered in Lima to move ahead on the carbon pricing policies they say will create jobs, encourage...
Date: May 9, 2016
Type: Feature Story
Language: English
Ten leaders, including Chancellor of the Federal Republic of Germany Angela Merkel, Mexican President Enrique Peña Nieto, and World Bank Group President Jim Yong Kim, have laid out goals in a joint...
Date: April 21, 2016
Type: Feature Story
Language: English
ZURICH, March 8, 2016 – Just months after the Paris Agreement at COP21, the World Bank today brought together over 30 developed and developing countries at the Carbon Pricing: Sustaining the Momentum after...
Date: March 8, 2016
Type: Press Release
Language: English
December 2015 marked a historic climate agreement in Paris signed by 195 countries pledging to take actions to keep global warming to under 2 degrees Celsius -- the threshold scientists predict will result...
Date: December 30, 2015
Type: Feature Story
Language: English
As negotiators finalize an agreement at the twenty-first session of the Conference of the Parties (COP21) in Paris, the World Bank Group’s delegation wraps up two weeks on the ground demonstrating our...
Date: December 11, 2015
Type: Feature Story
Language: English
Institutions with balance sheets worth more than US$11 trillion PARIS, December 7, 2015– An unprecedented number of the world’s leading financial institutions from across the globe have joined the World...
Date: December 7, 2015
Type: Press Release
Language: English
PARIS, December 4, 2015 — The World Bank supports the ‘The State of City Climate Finance' report launched today by UN Secretary-General Ban Ki-moon and international partners at the Climate Summit...
Date: December 4, 2015
Type: Press Release
Language: English
In an extraordinary move on the first day of the climate conference in Paris, the leaders of six countries stood on stage with the head of the World Bank Group urged other nations and companies to put...
Date: December 1, 2015
Type: Feature Story
Language: English
I am delighted to join Prime Minister Solberg of Norway and other partners from Sweden, Germany and Switzerland today to announce the Transformative Carbon Asset Facility. Climate change is a fundamental...
Date: November 30, 2015
Type: Speeches and Transcripts
Language: English
Today, with these global leaders gathered here in Paris, we now have the opportunity for the first time to put the world on a path toward a low-carbon, more resilient future. We’ve come together in the...
Date: November 30, 2015
Type: Speeches and Transcripts
Language: English
Ladies and gentlemen, When I came into office more than three years ago, I asked what is the plan to combat climate change? I heard that several groups had put together parts of a plan, but there was not...
Date: November 30, 2015
Type: Speeches and Transcripts
Language: English
It is a pleasure for me to be part of this event with Prime Minister Neves of Cape Verde, Prime Minister Trovoada of Sao Tome and Principe, President Ali Bongo of Gabon, President Macky Sall of Senegal,...
Date: November 30, 2015
Type: Speeches and Transcripts
Language: English
PARIS, Nov. 30, 2015 – Four European countries - Germany, Norway, Sweden, and Switzerland - today announced a new $500 million initiative that will find new ways to create incentives aimed at large scale...
Date: November 30, 2015
Type: Press Release
Language: English
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