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Daily Times June 28, 2021 The World Bank Group has announced its new Climate Change Action Plan that aims to deliver record levels of climate finance to developing countries, reduce emissions, strengthen adaptation, and align financial flows with the goals of the Paris Agreement. The Action Plan for 2021-25, which was announced last week, broadens the World Bank Group’s efforts from investing in green projects to helping countries fully integrate their climate and development goals. The Plan also comes as countries seek sustainable pathways out of the disruption caused by the Covid-19 pandemic. “Our new Action Plan will identify and prioritise action on the most impactful mitigation and adaptation opportunities, and we will drive our climate finance accordingly,” said World Bank Group President David Malpass.

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