Climate change is a fundamental threat to sustainable development and the fight against poverty. The World Bank is concerned that without bold action now, the warming planet threatens to put prosperity out of reach of millions and roll back decades of development. Read More »
May 16, 2013 — In an opinion piece, World Bank's Vice President for Sustainable Development, Rachel Kyte, writes, "A carbon price can be achieved through markets or taxes, and different instruments will be appropriate in different countries for different sectors of the economy."Read More »
May 6, 2013 — South Asia suffers disproportionately from both indoor and outdoor air pollution due to high level of particulate matter. And brick making is a major source of particulate matter emissions because it uses outdated, inefficient, and highly polluting technologies.Read More »
April 18, 2013 — In an interview to US television network, PBS, Jim Yong Kim, President of the World Bank, said, "if we have any hope of keeping climate change below two degrees celsius, the peak year of carbon emission has to be 2016."Read More »
This practice group contributes to the Bank's mission by helping to realize climate-smart policies in client countries that advance the interests of those who are most vulnerable to the effects of climate change.