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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This annual report covers the carbon funds, facilities, and financial instruments managed by the World Bank. In 2013, the World Bank worked with 90 countries, including donors and recipients, and raised $643 million for the Bank's 'next generation' carbon market initiatives.Read More »
The FCPF is a global partnership of governments, businesses, civil society, and indigenous peoples, focused on reducing emissions from
deforestation and forest degradation, and the sustainable management of forests in developing countries.Read More »
This paper measures the effect of the European Union's Emissions Trading Scheme on a firm's unit material cost, employment and turnover based on a panel of 5,873 firms in the electric power, cement and steel industry from 10 countries during 2005-2009.Read More »
The World Bank Green Bonds raise funds from fixed income investors to support World Bank lending for eligible projects that seek to mitigate climate change or help affected people adapt to it.
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