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Rachel Kyte, Group Vice President & Special Envoy, Climate Change, World Bank
World Bank Group Vice President and Special Envoy
Marianne Fay, Chief Economist for Climate Change, The World Bank
Chief Economist
A farmer walks through a flooded rice field. - Photo: Nonie Reyes/World Bank
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.
Opening of the COP19 in Warsaw, Poland. - Photo: UNFCCC/Flickr
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.
Climate Finance Options
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.
Climate Investment Funds
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.
A view of the high rise buildings in Punta Pacifica, Panama City, Panama. - Photo: Gerardo Pesantez/World Bank
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.