Climate change is one of the biggest long-term risks to global development. This makes choices and investment made in climate change mitigation and adaption vital for ensuring sustainable and inclusive growth.
The World Bank Group recognizes the fundamental importance of integrating climate risks and opportunities into all of its development work. In this regard, it has developed a Climate Change Action Plan to integrate climate into all its work and better help countries achieve their Nationally Determined Contributions (NDCs). The plan outlines ambitious and concrete actions to help build up the resilience to the impacts of climate change and to scale up the WBG’s efforts where the potential benefits are huge – such as increasing the energy efficiency and resilience of cities, and expanding green transport.