Accelerating Decarbonization

The Challenge

The world is not on track to achieving the Paris Climate Agreement goal of mitigating a global temperature rise.  But today, the world has a historic opportunity and necessity to change course. The World Bank Group (WBG) has been instrumental in helping countries address climate change.  Aligning our financing flows with the goals of the Paris Agreement through The World Bank Group’s new Climate Change Action Plan reaffirms this unrelenting commitment.