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.
Read More »
November 17, 2014 — A new green bond linked to an equity index allows investors to benefit from the potential growth and support projects with a positive climate impact financed by the World Bank. Read More »
November 7, 2014 — The Partnership for Market Readiness brings together more than 30 countries, including some of the world's fastest growing economies and largest greenhouse gas emitters, to design and develop the carbon pricing mechanisms of the future.Read More »
November 6, 2014 — 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 »
September 22, 2014 — Leaders from across government and business are sending a clear message to the world this week that climate change is a risk that cannot be ignored, and, importantly, that they are ready to work together to bring down emissions.Read More »
September 15, 2014 — 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 »
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.
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.