The new Invest4Climate platform is designed to bring together national governments, financial institutions, private sector investors, philanthropies, and multilateral banks to support transformational climate action in line with the Paris Agreement. The platform will bring together investors with high-impact opportunities in developing countries such as the large-scale development of battery storage, electric cars, and low emission air conditioning. It will also facilitate such investments through the development of risk mitigation instruments and, based on demand, will work with national governments to improve policy environments.
Unlocking Finance for Climate Action
Join World Bank Group President Jim Yong Kim in a panel discussion on mobilizing the trillions of dollars in private and public investment needed to ensure the world meets the goals of the Paris Agreement. On April 21, 2017, during World Bank/IMF Spring Meetings, this high-level event brought together climate change leaders, government ministers, philanthropists, and private sector executives to focus on what’s already happening, how far we have to go and what a climate-resilient, low-carbon future could look like.
Video source: World Bank Group