Remarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Action
This report discusses the remarks delivered by World Bank Group President David Malpass at the seventh ministerial meeting of the coalition of finance ministers for climate action. He discusses: many climate interventions and projects offer large g...
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World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099645304202242157/IDU0434db9940c0709aaf00b3b6f8bdd4c http://hdl.handle.net/10986/37797 |
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okr-10986-377972022-08-02T05:10:40Z Remarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Action Malpass, David CLIMATE AND DEVELOPMENT INTEGRATION COUNTRY CLIMATE AND DEVELOPMENT REPORT (CCDR) GREENHOUSE GAS EMISSION REDUCTION INCENTIVIZE CLIMATE INTERVENTIONS ENERGY TRANSITION COAL TRANSITION COST CARBON MARKET CARBON REDUCTION INCENTIVES This report discusses the remarks delivered by World Bank Group President David Malpass at the seventh ministerial meeting of the coalition of finance ministers for climate action. He discusses: many climate interventions and projects offer large global public good benefits but require substantial resources and compensations and may offer no financial returns. The challenge is how to incentivize these activities. As carbon markets scale, they may provide part of the flow of financial benefit to support projects that reduce carbon emissions. To address this part of the challenge, the Bank have prepared a concept note that presents pooling private sector contributions in support of greenhouse gas (GHG) emission reduction projects into a financing platform in exchange for verified carbon credits. Globally, Finance Ministries also need to catalyze the private sector to help close the financing gap for investments in mitigation and adaptation. 2022-08-01T18:20:44Z 2022-08-01T18:20:44Z 2022-04-19 Speech http://documents.worldbank.org/curated/en/099645304202242157/IDU0434db9940c0709aaf00b3b6f8bdd4c http://hdl.handle.net/10986/37797 English en CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Speeches of World Bank Presidents [collection under construction] :: Speeches by David R. Malpass (2019 to present) |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English English |
| topic |
CLIMATE AND DEVELOPMENT INTEGRATION COUNTRY CLIMATE AND DEVELOPMENT REPORT (CCDR) GREENHOUSE GAS EMISSION REDUCTION INCENTIVIZE CLIMATE INTERVENTIONS ENERGY TRANSITION COAL TRANSITION COST CARBON MARKET CARBON REDUCTION INCENTIVES |
| spellingShingle |
CLIMATE AND DEVELOPMENT INTEGRATION COUNTRY CLIMATE AND DEVELOPMENT REPORT (CCDR) GREENHOUSE GAS EMISSION REDUCTION INCENTIVIZE CLIMATE INTERVENTIONS ENERGY TRANSITION COAL TRANSITION COST CARBON MARKET CARBON REDUCTION INCENTIVES Malpass, David Remarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Action |
| description |
This report discusses the remarks
delivered by World Bank Group President David Malpass at the
seventh ministerial meeting of the coalition of finance
ministers for climate action. He discusses: many climate
interventions and projects offer large global public good
benefits but require substantial resources and compensations
and may offer no financial returns. The challenge is how to
incentivize these activities. As carbon markets scale, they
may provide part of the flow of financial benefit to support
projects that reduce carbon emissions. To address this part
of the challenge, the Bank have prepared a concept note that
presents pooling private sector contributions in support of
greenhouse gas (GHG) emission reduction projects into a
financing platform in exchange for verified carbon credits.
Globally, Finance Ministries also need to catalyze the
private sector to help close the financing gap for
investments in mitigation and adaptation. |
| format |
Speech |
| author |
Malpass, David |
| author_facet |
Malpass, David |
| author_sort |
Malpass, David |
| title |
Remarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Action |
| title_short |
Remarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Action |
| title_full |
Remarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Action |
| title_fullStr |
Remarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Action |
| title_full_unstemmed |
Remarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Action |
| title_sort |
remarks by world bank group president david malpass at the seventh ministerial meeting of the coalition of finance ministers for climate action |
| publisher |
World Bank, Washington, DC |
| publishDate |
2022 |
| url |
http://documents.worldbank.org/curated/en/099645304202242157/IDU0434db9940c0709aaf00b3b6f8bdd4c http://hdl.handle.net/10986/37797 |
| _version_ |
1764487766462169088 |