#World Bank News

World Bank protest
The Asian Development Bank has pledged to elevate climate financing by US$20 billion to US$100 billion by 2030. But the UN's António Guterres said that "much more is needed" as development banks have a crucial role to play in the world's low-carbon transition.
Children gather by the seawall as strong waves brought by Typhoon Kammuri
Funding climate-vulnerable countries is likely to dominate COP26 in November. Eco-Business explores how poor countries access funds amid rich contributors falling short of their pledges.
Alsons Power Group's second 105-MW coal plant in central Mindanao
The Philippine government aims to phase out coal plants in its most coal-dependent island group and substitute them with renewable energy facilities.
cities moscow russia
Pancake or pyramid? Cities must plan how to expand or risk facing uncontrolled sprawl, says World Bank.
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#World Bank Opinion

IMF_Kristalina Georgieva_G20
The International Monetary Fund's allocation of $650 billion in special drawing rights in August was welcomed, but its latest proposal for channeling finance to the most climate-vulnerable countries excludes the most needy, and is flawed.
An aerial view of flood affected areas in Bihar
The extreme weather that comes with climate change will leave the world's poorest and most vulnerable even worse off, overwhelming today's system of humanitarian aid. Strengthening poor people's climate resilience is crucial.
child and parent wearing masks
Special drawing rights could give indebted countries the flexibility to take climate action that benefits everyone.
aiib stone
Transparency and public participation are paramount in mitigating the environmental and social risks of large-scale infrastructure projects. But the Beijing-based Asian Infrastructure Investment Bank is not heeding the message.
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#World Bank Videos

ecosperity 2019
Eminent speakers and thousands of attendees discussed strategies for a resource-efficient future at Ecosperity Week 2019. As they heard about the science of global warming, delegates were called upon to be part of the solution.
I4C
Suggestions by delegates at the World Bank's recent Innovate4Climate event in Singapore included: Supporting developing countries in their efforts to conserve the forests, and launching more incubators for climate-friendly solutions. 
solarfarm
Sponsored Battery technology could reshape the global energy sector, and this year's #Innovate4Climate summit in Singapore will focus on the cutting-edge innovation that could change the energy landscape.
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#World Bank Podcasts

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