Climate negotiations have focused on reaching a top-down international agreement and on mobilizing a pool of financial resources. This brief explains the urgent need for a new entity to provide nonfinancial services to faciliate and augment climate action that any nations and private actors take. It explores one possible path for filling the gap: the creation of a new arm of the World Bank.
With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.