Climate change is a fundamental threat to sustainable development and the fight against poverty. The World Bank Group 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 »
September 16, 2014 — Action is urgently needed on climate change, but it does not have to come at the expense of economic growth, writes World Bank Managing Director Sri Mulyani Indrawati, a member of the Global Commission on the Economy and Climate.Read More »
September 15, 2014 — The World Bank Group and partner governments have designed a Pilot Auction Facility for Methane and Climate Change Mitigation that will let project developers and financiers compete to deliver the most efficient emissions-reducing projects.Read More »
September 5, 2014 — Climate finance today is barely half the volume considered necessary, but innovations in business and finance and bold policies are laying the foundations to scale it up.Read More »
The Global Facility for Disaster Reduction and Recovery is a partnership of 41 countries and eight international organizations committed to helping developing countries reduce their vulnerability to natural hazards and adapt to climate change.