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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September 18, 2014 — British Columbia, Sweden, California and China have been pioneering carbon pricing systems to lower emissions and help shift their economies onto cleaner, greener trajectories.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 »
September 5, 2014 — Climate finance today is barely half the volume considered necessary, but innovations in business and finance and bold policies are laying the foundations to scale it up.Read More »
September 9, 2014 — The World Bank Group had 220 climate investment projects in over 60 countries during its last fiscal year and posted one of its strongest years on record for renewable energy lending.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.
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.