Groups Urge World Bank To “Sharply Increase” Climate Investment & Action


credit: eattilapia

A coalition of environmental groups wants the World Bank to do more to fight climate change, and they've got a five-point plan to get it done, the Guardian reports.

"The World Bank could unleash tens of billions of dollars each year, if it moved more assertively to finance projects addressing climate change," the Natural Resources Defense Council says in a statement.

"The need for such finance is great for clean energy, adaptation, mitigation, and the World Bank is sitting on capital that could make a real difference in people's lives and livelihoods."

The groups want the World Bank to boost its funding for climate action to at least 50% of its overall finance, up from the current 30%, and to shift billions of dollars from fossil fuel projects into climate mitigation and adaptation.

"These reforms could help to: Increase overall climate finance at a time where additional resources are desperately needed," the NRDC statement says.

"These institutions need new tools and modern approaches to help the poorest countries, trapped in debt, access financing after unrelenting shocks to their economies."

The World Bank is meeting in Washington, DC, this week for its annual meeting. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Ex-BlackRock exec: Jettison ESG for direct investing

"It's leading to cynicism," says Terrence Keeley. That's the gist of his new book, Sustainable: Moving Beyond ESG to Impact Investing, in which the former BlackRock executive calls for institutional...more

Climate Change: The True Possibilities Of Impact Business

Think venture capital is all about generating short-term profits for investors? Well, think again. There's a new type of venture capital out there, and it's focused on helping to solve long-term...more

India Wants To Leverage Its Stock Market For Social Impact. Will It Work?

India wants to use its stock market to raise funds for social causes. The country's securities regulator has approved the setting up of the Social Stock Exchange, which will operate within the...more

Time To Put Serious Money Into The Amazon

The world's largest rainforest is being destroyed at an alarming rate, according to a new report from the UN's Food and Agriculture Organization. The study finds that deforestation in the Amazon...more

How To Invest In Humankind Through Socially-Responsible Investments

Want to use your money for good? Consider doing so by investing in companies that make a positive impact on the world, Consumerist reports. "Socially responsible investing is one way to invest in...more

UK government launches AI innovation programme to lower carbon emissions

"Putting this rapidly-evolving technology into action will enable us to save energy costs for businesses and households, create high-value, skilled jobs, and kickstart millions of pounds of private...more

Do Investors Need To Sacrifice Returns To Reward Strong ESG Performers?

One of the fastest-growing areas of investment is "socially responsible investing," or ESG, which focuses on a company's social, environmental, and governance practices. But while some see it as a...more

Schroders Launches £1B Real Estate Fund Targeting UK's Most Deprived Towns

Schroders Capital has a new fund in the works that it says will bring "positive social impact" to some of the UK's most deprived areas. The UK Real Estate Impact Fund will invest in affordable...more

ESG Prohibition Lifted On Your 401(k) by Department Of Labor Ruling

The Labor Department has rolled back a rule brought in under President Trump to make it easier for employers to include impact investment funds in their retirement plans. The Trump-era rule, which...more

Why Venture Capitalists Are Doubling Down On Impactech Sector

When it comes to venture capital, India is home to 107 "unicorns" - startups valued at $1 billion or more - but only 11 of them are impact startups, Quartz reports. "One could argue that asset...more



Promoting employee share and enabling customers to invest are better incentives than those provided by co-operatives. Co-operatives have adamantly remained a niche sector and doesn’t provide the right incentives for entrepreneurs.




Social Services Jobs in Iowa

  Program Director Jobs
  Fundraising & Development Jobs
  Executive Director Jobs
  Social Services Employment
  Education Jobs


Federal Government Grant and Assistance Programs


State Survey and Certification of Health Care Providers and Suppliers | Port Security Grant Program (ARRA) | Shenandoah Valley Battlefields National Historic District Battlefield Acquisition and Protection | Program for Study of Eastern Europe and the Independent States of the Former Soviet Union | Transformation Initiataive: Rental Assistance Demonstration Small Research Grant Program | Labor Organization Reports | Commercial Driver License State Programs | Systems Interoperability_Health and Human Services | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2022 Copyright Michael Saunders