Publication:
Remarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Action

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dc.contributor.authorMalpass, David
dc.date.accessioned2022-08-01T18:20:44Z
dc.date.available2022-08-01T18:20:44Z
dc.date.issued2022-04-19
dc.description.abstractThis report discusses the remarks delivered by World Bank Group President David Malpass at the seventh ministerial meeting of the coalition of finance ministers for climate action. He discusses: many climate interventions and projects offer large global public good benefits but require substantial resources and compensations and may offer no financial returns. The challenge is how to incentivize these activities. As carbon markets scale, they may provide part of the flow of financial benefit to support projects that reduce carbon emissions. To address this part of the challenge, the Bank have prepared a concept note that presents pooling private sector contributions in support of greenhouse gas (GHG) emission reduction projects into a financing platform in exchange for verified carbon credits. Globally, Finance Ministries also need to catalyze the private sector to help close the financing gap for investments in mitigation and adaptation.en
dc.identifierhttp://documents.worldbank.org/curated/en/099645304202242157/IDU0434db9940c0709aaf00b3b6f8bdd4c
dc.identifier.doi10.1596/37797
dc.identifier.urihttps://hdl.handle.net/10986/37797
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectCLIMATE AND DEVELOPMENT INTEGRATION
dc.subjectCOUNTRY CLIMATE AND DEVELOPMENT REPORT (CCDR)
dc.subjectGREENHOUSE GAS EMISSION REDUCTION
dc.subjectINCENTIVIZE CLIMATE INTERVENTIONS
dc.subjectENERGY TRANSITION
dc.subjectCOAL TRANSITION COST
dc.subjectCARBON MARKET
dc.subjectCARBON REDUCTION INCENTIVES
dc.titleRemarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Actionen
dc.typeSpeechen
dc.typeDiscoursfr
dc.typeDiscursoes
dspace.entity.typePublication
okr.crossref.titleRemarks by World Bank Group President David Malpass at the Seventh Ministerial Meeting of the Coalition of Finance Ministers for Climate Action
okr.date.disclosure2022-04-20
okr.date.doiregistration2025-05-08T13:40:59.347897Z
okr.date.lastmodified2022-04-20T00:00:00Zen
okr.doctypeSpeeches of World Bank Presidents [collection under construction]::Speeches by David R. Malpass (2019 to present)
okr.docurlhttp://documents.worldbank.org/curated/en/099645304202242157/IDU0434db9940c0709aaf00b3b6f8bdd4c
okr.guid099645304202242157
okr.identifier.externaldocumentum33790372
okr.identifier.internaldocumentum33790372
okr.identifier.report170667
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099645304202242157/pdf/IDU0434db9940c0709aaf00b3b6f8bdd4c.pdfen
okr.topicEnergy::Coal and Lignite
okr.topicEnvironment::Adaptation to Climate Change
okr.topicEnvironment::Climate Change Mitigation and Green House Gases
okr.topicEnvironment::Environmental Strategy
okr.unitEXC - Office of the President
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2. Speeches by David R. Malpass (2019 to 2023)