WBG Climate Change Action Plan 2021–25

Country

The World Bank Group's goal is to integrate climate and development to maximize the impact of climate finance. The World Bank Group is the largest multilateral provider of climate finance - delivering $83 billion in climate finance for developing countries from 2016–20 - increasing to record levels over the past two years.  Climate financing will be used toward mitigation, to reduce greenhouse gas (GHG) emissions; and for adaptation, to help client countries prepare for negative climate effects. The Bank will also work with the private sector toward these goals. Nature-based solutions will also play a key role in supporting mitigation and adaptation.