World Bank Group Climate Change Action Plan 2021–2025 : Supporting Green, Resilient, and Inclusive Development

The Climate Change Action Plan 2021–2025 aims to advance the climate change aspects of the WBG’s Green, Resilient, and Inclusive Development (GRID) approach, which pursues poverty eradication and shared prosperity with a sustainability lens. In the Action Plan, we will support countries and private...

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Main Author:	World Bank Group
Format:	Strategy Document
Published:	World Bank, Washington, DC 2021
Subjects:	CLIMATE ACTION CLIMATE CHANGE INCLUSIVE DEVELOPMENT PARIS AGREEMENT CLIMATE FINANCE CLIMATE RESILIENCE CONCESSIONAL FINANCE MOBILIZING CAPITAL ENERGY SECTOR CITY DEVELOPMENT TRANSPORT CLIMATE CHANGE IMPACT ENERGY EFFICIENCY
Online Access:	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/705731624380363785/world-bank-group-climate-change-action-plan-2021-2025-supporting-green-resilient-and-inclusive-development http://hdl.handle.net/10986/35799

id	okr-10986-35799
recordtype	oai_dc
spelling	okr-10986-357992022-08-15T15:41:14Z World Bank Group Climate Change Action Plan 2021–2025 : Supporting Green, Resilient, and Inclusive Development World Bank Group CLIMATE ACTION CLIMATE CHANGE INCLUSIVE DEVELOPMENT PARIS AGREEMENT CLIMATE FINANCE CLIMATE RESILIENCE CONCESSIONAL FINANCE MOBILIZING CAPITAL ENERGY SECTOR CITY DEVELOPMENT TRANSPORT CLIMATE CHANGE IMPACT ENERGY EFFICIENCY The Climate Change Action Plan 2021–2025 aims to advance the climate change aspects of the WBG’s Green, Resilient, and Inclusive Development (GRID) approach, which pursues poverty eradication and shared prosperity with a sustainability lens. 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 Action Plan also considers the vital importance of natural capital, biodiversity, and ecosystems services and will increase support for nature-based solutions, given their importance for both mitigation and adaptation. As part of our effort to drive climate action, the WBG has a long-standing record of participating in key partnerships and high-level forums aimed at enhancing global efforts to address climate change. 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. That means helping the largest emitters flatten the emissions curve and accelerate the downward trend and ramping up financing on adaptation to help countries and private sector clients prepare for and adapt to climate change while pursuing broader development objectives through the GRID approach. 2021-06-22T15:33:09Z 2021-06-22T15:33:09Z 2021-06-22 Strategy Document https://documents.worldbank.org/en/publication/documents-reports/documentdetail/705731624380363785/world-bank-group-climate-change-action-plan-2021-2025-supporting-green-resilient-and-inclusive-development http://hdl.handle.net/10986/35799 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	CLIMATE ACTION CLIMATE CHANGE INCLUSIVE DEVELOPMENT PARIS AGREEMENT CLIMATE FINANCE CLIMATE RESILIENCE CONCESSIONAL FINANCE MOBILIZING CAPITAL ENERGY SECTOR CITY DEVELOPMENT TRANSPORT CLIMATE CHANGE IMPACT ENERGY EFFICIENCY
spellingShingle	CLIMATE ACTION CLIMATE CHANGE INCLUSIVE DEVELOPMENT PARIS AGREEMENT CLIMATE FINANCE CLIMATE RESILIENCE CONCESSIONAL FINANCE MOBILIZING CAPITAL ENERGY SECTOR CITY DEVELOPMENT TRANSPORT CLIMATE CHANGE IMPACT ENERGY EFFICIENCY World Bank Group World Bank Group Climate Change Action Plan 2021–2025 : Supporting Green, Resilient, and Inclusive Development
description	The Climate Change Action Plan 2021–2025 aims to advance the climate change aspects of the WBG’s Green, Resilient, and Inclusive Development (GRID) approach, which pursues poverty eradication and shared prosperity with a sustainability lens. 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 Action Plan also considers the vital importance of natural capital, biodiversity, and ecosystems services and will increase support for nature-based solutions, given their importance for both mitigation and adaptation. As part of our effort to drive climate action, the WBG has a long-standing record of participating in key partnerships and high-level forums aimed at enhancing global efforts to address climate change. 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. That means helping the largest emitters flatten the emissions curve and accelerate the downward trend and ramping up financing on adaptation to help countries and private sector clients prepare for and adapt to climate change while pursuing broader development objectives through the GRID approach.
format	Strategy Document
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	World Bank Group Climate Change Action Plan 2021–2025 : Supporting Green, Resilient, and Inclusive Development
title_short	World Bank Group Climate Change Action Plan 2021–2025 : Supporting Green, Resilient, and Inclusive Development
title_full	World Bank Group Climate Change Action Plan 2021–2025 : Supporting Green, Resilient, and Inclusive Development
title_fullStr	World Bank Group Climate Change Action Plan 2021–2025 : Supporting Green, Resilient, and Inclusive Development
title_full_unstemmed	World Bank Group Climate Change Action Plan 2021–2025 : Supporting Green, Resilient, and Inclusive Development
title_sort	world bank group climate change action plan 2021–2025 : supporting green, resilient, and inclusive development
publisher	World Bank, Washington, DC
publishDate	2021
url	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/705731624380363785/world-bank-group-climate-change-action-plan-2021-2025-supporting-green-resilient-and-inclusive-development http://hdl.handle.net/10986/35799
_version_	1764483800792825856

World Bank Group Climate Change Action Plan 2021–2025 : Supporting Green, Resilient, and Inclusive Development

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