Knowledge Note

"Climate change is the defining development issue of our time and is critical for the WBG to deliver on its ambition to reduce poverty and boost shared prosperity."

Climate change is a defining challenge of our generation. It is already upending development gains of the past decades, deepening poverty and exacerbating inequality. That is why the World Bank Group is raising its ambition and committing to doing more than ever in its new Climate Change Action Plan (CCAP). We have already received a lot of feedback on the plan from countries, civil society, and climate experts and, based on all the interest from around the world, we are sharing this slide deck that summarizes the proposed new CCAP.  Learn more from our BLOG HERE