COP24: World Bank pledges $200bn in extra climate action funding
World Bank headquarters in Washington DC | Credit: Simone D. McCourtie / World Bank
Pledge represents a doubling of its current five-year investment plans for low-carbon projects
The World Bank has today promised to double its investment plans for low-carbon projects to $200bn over the next five years, in a bid to accelerate action against climate change. The announcement came...
More on Investment
Back to Top
More news
One trillion dollars: Green finance wave builds as investors look to bolster net zero pledges
Bank of America, BlackRock, and Amundi deliver latest landmark green finance moves, as reports suggest leading banks are poised to beef up their decarbonisation strategies
Stena Bulk targets net zero shipping fleet and cargo by 2050
Swedish tanker shipping giant sets out roadmap to decarbonise its fleet, as it steps up focus on zero emissions technologies and carbon neutral fuels
Morrisons to axe plastic bags from stores nationwide
Supermarket announces it will gradually phase out 'bags for life' from all its stores over the coming year
