PARIS, 11 December 2015 (World Bank): The World Bank Group’s delegation wrapped up two weeks on the ground highlighting dozens of events, bilateral meetings and press conferences.
COP21 has provided a historic opportunity for the World Bank Group to work with its client countries and partners to forge ahead on the path toward low-carbon, resilient economic development.
The delegation´s work was highlighted in dozens of events, bilateral meetings and press conferences, making clear that we are:
Growing the Bank´s climate work by a third to 28 percent by 2020 in response to client demand, which taken together with other mobilized resources into account, means potentially 29 billion US dollar (ca. 200 mia. DKR) a year in climate financing in 2020.
This will respond to the strong support requested by clients to implement their national plans, the INDCs, and as shown in the Bank´s recent Shockwaves Report will be critical to ensure that we can meet our mission of reducing extreme poverty and increasing shared prosperity.
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https://openknowledge.worldbank.org/handle/10986/22787
Pledging along with other multilateral banks to mobilize collective resources to combat climate change:
In a joint statement, the heads of the multilateral development banks (MDBs) pledged to “consider climate change across our strategies, programs, and operations to deliver more sustainable results, with a particular focus on the poor and most vulnerable.”
It noted that the six institutions had already delivered 100 billion dollar (henved 700 mia. DKR) for climate action in developing and emerging countries (rigere u-lande) in the four years since starting to track climate finance in 2011.
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http://www.worldbank.org/en/news/feature/2015/12/11/on-the-ground-in-paris
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