Financing climate change is an important part of the World Bank Group's business. Our focus has resulted in significant financing flowing to support low-emissions and resilient development. For example, mitigation support for the world's poorest countries through the Bank's IDA reached $2.3 billion during fiscal year 2013, while the IFC's mitigation financing increased 50 percent to $2.5 billion.
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August 30, 2014 — Three key themes emerged from the Peruvian Government’s Climate Finance Week, where there were many reasons to be optimistic that addressing the climate challenge can also create economic opportunities. Read More »
August 5, 2014 — The World Bank's Carbon Partnership Facility is helping to innovate the scale up of carbon crediting programs that promote sustainable, low-carbon economic growth in developing countries.Read More »
May 28, 2014 — A new report shows that countries and cities are taking action on climate pricing, with eight new carbon markets launching in 2013 and another in early 2014, many of them in China. Read More »
The World Bank offers a line of disaster risk financing for direct budget support that provides varying levels of protection depending on the type, frequency, and severity of the event. It includes weather hedges, contingent financing, and catastrophe bonds.
The six large multilateral development banks delivered $27 billion in financing last year to help countries mitigate and adapt to the challenges of climate change. The largest share, 47 percent of the total, came through the World Bank Group.
This joint United Nations Development Programme-World Bank platform provides information on climate finance for developing countries. Users will find climate funding source profiles, case studies, and hundreds of documents, tools and guides for decision-making.
The Climate Investment Funds are designed to provide scaled-up financing, through the Multilateral Development Banks, to initiate transformational change toward climate-resilient, low-carbon development in 48 countries.
The International Finance Corporation, the World Bank's private sector arm, works with international partners to catalyze resources and help business fill financing and knowledge gaps in areas such as renewable energy and emissions reductions.