The World Bank - Climate Change

Overview »

Climate change is expected to hit developing countries the hardest. Its effects—higher temperatures, changes in precipitation patterns, rising sea levels, and more frequent weather-related disasters—pose risks for agriculture, food, and water supplies. At stake are recent gains in the fight against poverty, hunger and disease, and the lives and livelihoods of billions of people in developing countries. Read More »

1 of 4

featured

WB Publication - World Development Report 2010 Links Climate Change and Development

Climate and development—through agriculture, energy, health—are inextricably linked. Evaluating the economic trade-offs of climate policy makes a strong case for immediate and inclusive action—with green stimulus plans a key first step.

By The Numbers

NON-FUNCTIONAL

Results

Third World Bank Green Bond Issue Raises USD 130 Million

World Bank green bonds support projects in client countries that meet specific criteria for low-carbon development. These bonds are an example of public and private-sector efforts to raise funds for mitigation projects.

Comments are solicited for an discussion paper on the challenges related to monitoring such flows has been prepared by World Bank staff in consultation with UNFCCC and OECD.

The World Bank will be joining other multilateral development banks and international finance organizations to support the country-led negotiations in Copenhagen.

World Bank Group President Robert B. Zoellick opened a roundtable discussion on Indigenous Peoples and Climate Change by saying that Indigenous Peoples carry a “disproportionate share of the burden of climate change effects.”

A new publication from the World Bank focuses attention on these previously neglected and poorly understood social dimensions of climate change such as equity and vulnerability.