Sustainability Online

A business news platform with a sustainable focus. Featuring the latest sustainability news and ESG insight, viewed through a business lens.

World Bank Group shifts focus from finance targets to development outcomes

Editor03 mins
Wealthy nations overstated the value of climate finance they provided to low- and middle-income countries by as much as $100 billion in 2024, a new study by Oxfam has suggested.

The World Bank Group has announced an 'extension' of its Climate Change Action Plan (CCAP), which will see it shift away from financing targets towards measuring development outcomes. As part of this transition, it plans to retire its target of direc...

WANT THE FULL STORY? This content is for subscribers only. SIGN UP for a subscription to SustainabilityOnline to gain full website access. If you would prefer to subscribe by invoice, contact us here.

Already a subscriber? Sign in via the form below.

Related News

Discover more from Sustainability Online

Subscribe now to keep reading and get access to the full archive.

Continue reading