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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March 27, 2015 — The green bond market is growing fast, increasing support for climate-friendly projects worldwide. Vice President Rachel Kyte discusses four ways green bonds can help get more climate finance flowing.Read More »
March 19, 2015 — We have to decouple growth from greenhouse gas emissions, World Bank Group President Jim Yong Kim told students at Georgetown University. He spoke about development challenges created by climate change and actions to reduce the drivers of climate change and the impact.Read More »
March 18, 2015 — A new report finds that with the right policies and investments, countries can integrate high levels of variable renewable energy such as solar and wind into their power grids without compromising the reliability of electricity.Read More »
February 6, 2015 — As the effects of climate change worsen, escaping poverty becomes more difficult. World Bank specialists in poverty and climate change are working with researchers worldwide to develop policy guidance and recommendations that can help.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.