When you think of climate migration, you probably think of people moving from one country to another to escape rising seas or expanding deserts. And to some extent, you’d be right. But the fact is,
The findings of our new Groundswell report forecast that Hotspots of climate migration may start to emerge as early as 2030, as people leave places that can no longer sustain them and go to areas that offer opportunities. The drivers of these migrations, according to the report, will be water scarcity, declining crop productivity and sea-level rise.
- The clock is ticking for high impact climate action at COP26 in Glasgow from October 31 – November 12, 2021.
- A strong theme of the World Bank Group’s participation will be its support for green, resilient, and inclusive recoveries from the COVID-19 pandemic.
- Watch live-streamed events and participate in the conversation with #COP26 and #ClimateActionWBG.
Click on links to see the summary and download the brief:
- Climate and Development Reports (CCDRs)
- Expanding World Bank Group Support for Country NDCs and LTSs
- Adaptation and Resilience: A Priority for Development and Poverty Reduction
- Energy Transition and Universal Access
- Scaling Finance for Transformational Climate Projects
Climate change, poverty, and inequality are the defining issues of our age. Tackling climate change will require major social, economic and technological changes, many of which are costly and will require large investments. Did you know…. Continue reading
To achieve our climate objectives, it will be critical to integrate climate and development and identify projects at the country level that tackle mitigation and adaptation and channel appropriate sources and structures of financing toward these projects in a manner that maximizes impact.
On October 17 each year, the world marks the International Day for the Eradication of Poverty, colloquially known as End Poverty Day. It’s an important date given major setbacks registered recently across the globe in the fight against poverty, and the ever-growing challenges facing humanity.
The opening public event of this year’s Annual Meetings – Growth in a Time of Crisis: What’s Next for Developing Economies – delved into questions like these:
- How can countries build back to a sustainable, resilient, and inclusive economic recovery while also investing in their people?
- What are the fundamental barriers to sustainable and inclusive growth in low and middle-income countries and fragile and conflict-affected settings, and what does the future of growth look like?
- What types of policies are important to support inclusive growth for vulnerable populations? How can digital technology help ensure inclusion?
- What’s needed to support private investment, especially small and medium enterprises, and create jobs in developing countries?
- What role can central banks play to help spur job creation and investment?
Two weeks ahead of a pivotal meeting on climate change (COP26), the Annual Meetings event Making Climate Action Count: Turning Ambition Into Reality brought together global leaders, prominent climate advocates and climate champions from several countries to discuss what the world needs to do to meet the goals of the Paris Agreement. Followed on social media with the hashtag #Voices4Climate, the event also took the audience on a virtual journey around the globe, showing how countries from Vietnam to Brazil are working towards a more sustainable and resilient future.
The global economy is experiencing an uneven recovery, with the risk that it will worsen inequality and leave low- and middle-income countries behind. The path of the COVID-19 pandemic remains uncertain, with obstacles to vaccination in many countries. Developing economies face challenges that could slow their recovery for years to come. To help, the World Bank Group has mounted the largest crisis response in its history, and it is uniquely positioned to help ensure that all countries can participate in a green, resilient, and inclusive return to stability and growth.