World Bank must act on climate change to check poverty, development

As warming intensifies and extreme weather worsens, the developing world will increasingly suffer the worst harms, making it more difficult for countries to meet their development goals

Time is running out for the World Bank to become the leader on climate change that we need it to be. While all multinational development banks should be doing more, the World Bank in particular lags behind — and is still not aligned with the Paris climate agreement. The good news is that what needs to change at the bank is clear, and it seems to be moving in the right direction. But it must move more boldly, and more rapidly.
 

The heart of the World Bank’s mission — reducing poverty and increasing economic development — is severely threatened by