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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In a creative bid to reduce energy poverty, Rwanda’s national utility launched a campaign to distribute energy-saving CLFs, effectively using energy efficiency to lower power demand so it could expand electricity access.Read More »
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 »
Small and medium-sized enterprises in developing countries can generate significant growth and create jobs by seizing a potential $1.6 trillion market opportunity in clean technology, a new report finds.Read More »