Financing climate change mitigation and adaptation is an important piece of the World Bank Group's business. 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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March 31, 2015 — A new grant program financed by the Forest Investment Program puts Indigenous Peoples and local communities in charge of design and funding decisions for projects that fight forest loss.Read More »
March 27, 2015 — The green bond market is growing fast, increasing support for climate-friendly projects worldwide. Vice President Rachel Kyte discusses four ways green bonds can help get more climate finance flowing.Read More »
March 19, 2015 — We have to decouple growth from greenhouse gas emissions, World Bank Group President Jim Yong Kim told students at Georgetown University. He spoke about development challenges created by climate change and actions to reduce the drivers of climate change and the impact.Read More »
January 20, 2015 — In videos and blogs posts, leaders from across business, investment and government explain why consistent, meaningful carbon pricing is necessary to shift the world's economies onto a cleaner, more sustainable growth path.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.