World Bank Group Climate Change Action Plan 2021–2025
Given that the World Bank is the world’s largest multilateral provider of climate finance to developing countries, this strategic plan is significant.
In the Action Plan, we will support countries and private sector clients to maximize the impact of climate finance, aiming for measurable improvements in adaptation and resilience and measurable reductions in GHG emissions.
The new Action Plan represents a shift from efforts to “green” projects, to greening entire economies, and from focusing on inputs, to focusing on impacts. It focuses on (i) integrating climate and development; (ii) identifying and prioritizing action on the largest mitigation and adaptation opportunities; and (iii) using those to drive our climate finance and leverage private capital in ways that deliver the most results.
Source: https://openknowledge.worldbank.org/handle/10986/35799