$200 billion for climate action

Jay OwenGreen Prosperity, Reforming Global Finance

World Bank Group announces $200 billion over five years for climate action

The World Bank Group announced a major new set of climate targets for 2021-2025, doubling its current 5-year investments to around $200 billion in support for countries to take ambitious climate action. The new plan significantly boosts support for adaptation and resilience, recognizing mounting climate change impacts on lives and livelihoods, especially in the world’s poorest countries.

World Bank Group at COP24

Join the World Bank Group and Financial Times’ blog writing competition

We want young people with brilliant ideas and solutions, who will be most affected by the changing nature of jobs and skills to share their perspective on what could help better prepare them for the future. Submission deadline is January 31, 2019.

It’s time to ask tough questions about transport and climate

If we don’t, figures contributing to global energy-related greenhouse gas emissions will continue to rise, reaching 1/3 of all emissions by 2040.