Publication:
Remarks by World Bank Group President Ajay Banga at Transforming Climate Finance Event, COP28

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dc.contributor.authorBanga, Ajay
dc.date.accessioned2024-04-02T20:44:23Z
dc.date.available2024-04-02T20:44:23Z
dc.date.issued2023-12-01
dc.description.abstractThese were the remarks delivered by World Bank Group President Ajay Banga at the COP28 Climate Finance Event on December 1, 2023. He spoke about the resources of wealthy nations can create opportunities, meanwhile the abundance of sun, wind, fertile soil, and young people enjoyed by emerging economies could drive our future. We have inherited decades of knowledge and benefitted from the generosity of every nation, now we are being called upon to lead, and we have never been better positioned to deliver the progress that is demanded. Today, the World Bank is setting an ambitious goal to devote 45 percent of our annual financing to climate by 2025. We’re putting our ambition in overdrive and putting to work more than 40 billion dollars per year, around 9 billion dollars more than the original target. Making certain IBRD and IDA resources are deployed equally for mitigation and adaptation, because while we all are experiencing climate change, we are feeling the effects differently. Over the next few days, the World Bank will detail a blueprint for slashing methane emissions, announce a roadmap for high integrity carbon markets, discuss progress on our Private Sector Investment Lab, and outline efforts to deepen the collective impact of multilateral development banks.en
dc.identifierhttp://documents.worldbank.org/curated/en/099043402062416545/IDU15c9246d01408187ad1f76659c093e1
dc.identifier.doi10.1596/41354
dc.identifier.urihttps://hdl.handle.net/10986/41354
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo
dc.subjectCLIMATE CHANGE
dc.subjectLEADERSHIP
dc.subjectCLIMATE CHANGE MITIGATION
dc.titleRemarks by World Bank Group President Ajay Banga at Transforming Climate Finance Event, COP28en
dc.typeSpeech
dspace.entity.typePublication
okr.crossref.titleRemarks by World Bank Group President Ajay Banga at Transforming Climate Finance Event, COP28
okr.date.disclosure2024-04-02
okr.date.lastmodified2024-02-06T00:00:00Zen
okr.doctypePresident's Speech
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099043402062416545/IDU15c9246d01408187ad1f76659c093e1
okr.guid099043402062416545
okr.identifier.docmidIDU-5c9246d0-4926-4578-87ad-f76659c093e1
okr.identifier.doihttps://doi.org/10.1596/41354
okr.identifier.externaldocumentum34252956
okr.identifier.internaldocumentum34252956
okr.identifier.report187581
okr.import.id3758
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099043402062416545/pdf/IDU15c9246d01408187ad1f76659c093e1.pdfen
okr.region.geographicalWorld
okr.topicEnvironment::Climate Change Mitigation and Green House Gases
okr.topicEnvironment::Adaptation to Climate Change
okr.topicConflict and Development::International Affairs
okr.unitEXC - Office of the President
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1. Speeches by Ajay Banga (2023 - present)