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New Report

Hiding In Plain Sight: The Missing Trillions For Climate Change

A new World Bank report, Detox Development: Repurposing Environmentally Harmful Subsidies, examines how subsidy reform can help safeguard the world’s foundational natural assets—clean air, land, and oceans—which are critical for human health and nutrition and underpin much of the global economy. In his latest blog, Axel van Trotsenburg, the World Bank’s Senior Managing Director, shares his thoughts on the potential of subsidies in mobilizing large amounts of money for climate action. 

Villagers gather at a well in rural India. Photo: Shutterstock/Prabuddha
The Hidden Wealth of Nations

Groundwater’s Critical Role in a Changing Climate

Groundwater is our most important freshwater resource—particularly in times of drought. As climate change advances, policymakers need to understand better and manage this critical asset. A new World Bank report, “The Hidden Wealth of Nations,” examines the economics behind this precious resource.

A group of port workers fasten ship mooring ropes to a bollard.
NEW REPORT

Distributing Carbon Revenues from Shipping

International shipping is the backbone of the global economy, but also contributes significantly to climate change. Putting a price on maritime emissions could put the sector on a more sustainable path and mobilize additional funding for the climate. Read more in our latest report

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Globally, 70 percent of greenhouse gas emissions emanate from cities. At the same time, cities are being hit increasingly by climate change related shocks and stresses, ranging from more frequent extreme weather events to inflows of climate migrants. A new World Bank report provides policymakers with a compass for designing tailored policies that can help cities and countries take effective action to mitigate and adapt to climate change. Learn more.

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