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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The voluntary emissions trading simulation uses live corporate data, auctioning and bonds markets, and fines for non-compliance to engage Brazilian companies in discussions around building a robust carbon market. Read More »
The World Bank Group and partners are launching a new Global Alliance for Resilient Landscapes during the climate conference in Lima to promote and scale up innovative work in sustainable land management.Read More »
One of the winners of this year’s UN Momentum for Change awards has been transforming Thailand’s renewable energy capacity with utility-scale solar farms. IFC and CIF helped her access blended finance.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 »