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.
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October 10, 2014 — Four business leaders joined finance ministers for an informal climate ministerial about carbon pricing at the World Bank Group/IMF Annual Meetings. Vice President Rachel Kyte describes the conversation.Read More »
September 22, 2014 — Leaders from across government and business are sending a clear message to the world this week that climate change is a risk that cannot be ignored, and, importantly, that they are ready to work together to bring down emissions.Read More »
September 23, 2014 — Carbon pricing makes investments in low-carbon growth attractive and ensures fossil fuels are used efficiently, helping us all adhere to a 2-degree climate goal, says German Chancellor Angela Merkel. Watch her video message.Read More »
October 2, 2014 — A new online tool developed by the IFC is helping building developers and homeowners find the most efficient ways to reduce energy and water use and lower greenhouse gas emissions, in some cases by 20 percent or more.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 »
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.