World Bank Group Delivers Record $31.7 Billion in Climate Finance in Fiscal Year 2022

Financing focuses on helping countries reduce GHG emissions and adapt to mounting impacts of climate change

WASHINGTON, September 7, 2022 – The World Bank Group delivered a record $31.7 billion in fiscal year 2022 (FY22) to help countries address climate change. This is a 19% increase from the $26.6 billion all-time high in financing reached in the previous fiscal year. The Bank Group continues to be the largest multilateral financier of climate action in developing countries.

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