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January 24, 2013

Wanted: A Climate Agency for a Bottom-Up World—A Proposal for a New Arm of the World Bank

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.