The World Bank Group is “doubling down" on climate change. At the United Nations COP22 climate change conference in Marrakech, Morocco on November 7–18, the Bank launched new advocacy and research efforts and confirmed its commitment to boost the climate change agenda with international partners and countries.
At COP22, the Bank strengthened partnerships, joined new coalitions, developed new channels for knowledge exchange, and launched reports designed to impact national and global policy dialogues. Exciting initiatives included:
• A new plan that doubles climate financing in the Middle East and North Africa (MENA) region to USD 1.5 billion per year by 2020.
• Major progress on the Africa Climate Business Plan, including over USD 3 billion in commitments toward what is expected to be a total of USD 19 billion by 2020.
• NDC Partnership, a new coalition to ensure countries receive the support they need to achieve national climate plans.
• Signing of a framework agreement of the International Solar Alliance, an India-led coalition to increase international collaboration on solar power.
Landscape in Timor Leste. Photo by Joao dos Santos, World Bank Photo Collection.
Bank partners look to us for innovations and leadership, as well as education on the latest developments and best practices in climate change. The Open Learning Campus offers a single destination for partners, practitioners, and Bank staff to explore continuously updated courses, videos, podcasts, and research in climate change focus areas.
Just a few of the Open Learning Campus’ many offerings include: Climate Finance Essentials: Innovative Finance for the Climate Change Challenge; Shock Waves: Managing the Impacts of Climate Change on Poverty; Turn Down the Heat: Why a 4°C Warmer World Must be Avoided; and Estimating GHG Emissions and Carbon Sequestration in Agriculture, Forestry and Other Land Use with EX-ACT.