Unlocking Private Investment in Climate Adaptation and Resilience

STORY HIGHLIGHTS

  • A new joint report by the World Bank and IFC offers a blueprint for action for climate-adaptation-and-private-sector-report-covergovernments to catalyze private investment in climate adaptation and resilience.
  • The blueprint for action lays out a systematic approach to incentivize adaptation financing from the private sector and meet countries’ fast-growing financing needs to achieve climate resilience.
  • The approach will be tested in several pilot countries as part of the World Bank Group’s support towards enabling private investment in adaptation.

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Global Growth Edges Up to 2.7 Percent Despite Weak Investment

Public Investment Can Bring Private Investment off the SidelinesWB HQ

WASHINGTON, Jan. 10, 2017— Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year as obstacles to activity recede among emerging market and developing economy commodity exporters, while domestic demand remains solid among emerging and developing commodity importers, the World Bank said in a report released on Tuesday.

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