Delivering Record Climate Financing

Delivering Record Climate Financing

EDITOR’S PICK

World Bank Group delivered record $31.7 billion in climate finance last year. The record financing to address World Bank climate priorities in fiscal year 2022 represents a 19% increase over last year’s $26.6 billion. This financing is focused on helping countries reduce greenhouse gas emissions and adapt to the mounting impacts of climate change.?Read more.

IN FOCUS

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A climate-smart response to food insecurity in West Africa. Multiple crises across the Sahel and West Africa have resulted in more than 38 million people facing acute food security and the impacts of the war in Ukraine are threatening to add an additional 7 to 10 million people to this list. In response the World Bank is mobilizing support for emergency responses to help countries respond faster and is working with its humanitarian partners to monitor regional food insecurity and draw up Food Security Preparedness plans. Learn more.


IN PRINT

An Evaluation of the World Bank Group’s Support for the Development of Agrifood Economies

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BLOG

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How Kazakhstan can leverage green finance to reduce emissions: As a country highly dependent on fossil fuels, Kazakhstan faces significant challenges in working toward meeting its net zero carbon emission goal of carbon neutrality by 2060. As Kazakhstan designs climate policies, promoting green finance through banking reform is a critical factor and tool that must be considered to steer the economy toward green, sustainable economic activity.?Read more.


VIDEO

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Making Honey Farming Sustainable in Gabon: Meet Badolo Carine, Vice-president of the beekeepers association and mother of five children. Carine’s community of Babongo, in central Gabon, received training and equipment from the World Bank to produce and make honey farming more sustainable. In this video, Carine explains how producing honey is boosting livelihoods in her community while preserving the bees in the forest.?Watch the video.


EVENT

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Sept. 16: Energy Price Shocks: Lessons from the Past and Way Forward: This event brings together a diverse panel of experts to discuss lessons from previous energy price shocks, prospects for energy and metal markets, and policy options to accelerate transition away from fossil fuels while shielding vulnerable groups from damaging disruptions. Visit event page.


JOBS

Senior Education Specialist/Economist (Dakar, Senegal)

Team Assistant (Bogota, Colombia)

All Career Opportunities


DATAVIz

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Percent change of nominal commodity prices, August over July: The World Bank’s monthly Pink Sheet, monitoring commodity price movements, shows enery prices gained 1.3% in August - led by natural gas in Europe (+36.5%) and global coal (+14.1%). Agriculture prices eased 1% in August, with food prices declining 1.6%, led by a drop in grain of?-4.5% and a drop in fertilizer prices of -1.5%.?More data on the World Bank Pink Sheet.

The record financing to address World Bank climate priorities in fiscal year 2022 represents a 19% increase over last year’s $26.6 billion.

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It's the time to think like human of PLANET EARTH /"Earthians". Biggest crisis of the planet earth is on.... It is converting to PLANET-SEA. Consequances of Global warming and Climate change have no boudaries. Unfortunately we yet have the mindset of deamrcations. Country, natinality, GDP, Economy, Rich and Poor are some of them. Let's act like earthians before it is too late. Agriculture, Deforestation, Fossil Fuel, Industries are few of big contributors of the crisis. WE need to act fast. I'm a responsible earthian. Are you?

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Dr. Ajit Baishya

Director of Post Graduate Studies at Assam Agricultural University

2 年

Good decision but accountability to be fixed along with strict monitoring.

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Joseph Ezenwa

Managing Consultant

2 年

World Bank is doing great in tackling the issue of climate change through financial projects that will help reduce emissions in countries around the globe.I can remember vividly , that they have issued green bonds in the past which were sold in different international capital markets.

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FABRICE WITANDAY

Projects Management|Knowledge Management Practitioner|Human Centered Design Lead|Community Engagement Lead|Localization and LLD practitioner|Public Health Expert|Peacemaker| Gender&PSEA Zero tolerance

2 年

Commit to positive change

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