The World Bank Group provided $11.9 billion in financing for 224 climate projects in over 77 countries in fiscal year 2014, including $8.79 billion from the World Bank (IBRD/IDA), $2.48 billion from IFC, and $603 million from MIGA.
The project aims to reduce the vulnerability of exposed people and assets to climate risk and to improve the government's capacity to respond effectively to disasters.
