{"id":366544,"date":"2026-07-02T15:27:39","date_gmt":"2026-07-02T09:57:39","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=366544"},"modified":"2026-07-02T15:27:39","modified_gmt":"2026-07-02T09:57:39","slug":"world-banks-climate-change-action-plan-ccap","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/world-banks-climate-change-action-plan-ccap\/","title":{"rendered":"World Bank&#8217;s Climate Change Action Plan (CCAP)"},"content":{"rendered":"<div class=\"content-box-green\">\n<p style=\"text-align: justify;\"><strong>News:<\/strong> Following criticism from the U.S.A., the World Bank Group has announced the withdrawal of its climate finance targets under the World Bank&#8217;s Climate Change Action Plan (CCAP).<\/p>\n<\/div>\n<h2 class=\"red-h2-box\" style=\"text-align: justify;\">About the World Bank&#8217;s Climate Change Action Plan (CCAP)<\/h2>\n<figure id=\"attachment_366546\" aria-describedby=\"caption-attachment-366546\" style=\"width: 402px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-366546\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/07\/image.jpg?resize=402%2C284&#038;ssl=1\" alt=\"World Bank's Climate Change Action Plan (CCAP)\" width=\"402\" height=\"284\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/07\/image.jpg?resize=300%2C212&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/07\/image.jpg?resize=1024%2C723&amp;ssl=1 1024w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/07\/image.jpg?resize=768%2C543&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/07\/image.jpg?resize=1536%2C1085&amp;ssl=1 1536w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/07\/image.jpg?w=1560&amp;ssl=1 1560w\" sizes=\"auto, (max-width: 402px) 100vw, 402px\" \/><figcaption id=\"caption-attachment-366546\" class=\"wp-caption-text\">Source: World Bank<\/figcaption><\/figure>\n<ul>\n<li style=\"text-align: justify;\">It is an<strong> institutional strategy<\/strong> designed<strong> to integrate climate action into its development programmes and support countries in addressing climate change<\/strong>.<\/li>\n<li style=\"text-align: justify;\">It was established by the <strong><a href=\"https:\/\/forumias.com\/blog\/world-bank\/\">World Bank<\/a> in 2021.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong>Implementation period:<\/strong> It was for a duration of <strong>over 5 years (2021-2025).<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong>Aim:<\/strong> It aims<strong> to increase climate finance\u00a0<\/strong>to reduce emissions, strengthen climate change adaptation, and align financial flows with the goals of the Paris Agreement.<\/li>\n<li style=\"text-align: justify;\"><strong>Actions:<\/strong> It translates the <strong data-start=\"291\" data-end=\"345\">Green, Resilient, and Inclusive Development (GRID)<\/strong> framework into practice through <strong>three strategic action areas<\/strong>:\n<ul>\n<li><strong>Aligning Climate and Development: <\/strong>It <strong>integrates climate goals into national development planning and policies.<\/strong> It a<strong>ligns its activities with the Paris Agreement<\/strong> and expands climate finance to increase the impact of investments.<\/li>\n<li><strong>Prioritising Key Systems Transitions:<\/strong> It\u00a0focuses on<strong> key sectors, including energy, agriculture, cities, transport, and manufacturing.<\/strong> These sectors are<strong> prioritised to support low-carbon, climate-resilient, and sustainable development:\u00a0<\/strong><\/li>\n<li><strong>Financing to Support the Transitions:<\/strong> It <strong>strengthens domestic public financing, mobilises private investment, and provides concessional finance<\/strong> to support climate action, particularly in developing countries.<\/li>\n<\/ul>\n<\/li>\n<li>It <strong>enabled the World Bank to significantly expand climate finance<\/strong>, reaching <strong data-start=\"413\" data-end=\"440\">$42.6 billion in FY2024<\/strong>, and to increase its climate finance target to <strong data-start=\"485\" data-end=\"518\">45% of total annual financing<\/strong>.\n<ul>\n<li style=\"text-align: justify;\">Now, the <strong data-start=\"32\" data-end=\"58\">World Bank Group (WBG)<\/strong> has decided to <strong data-start=\"74\" data-end=\"112\">remove its climate finance targets<\/strong> after criticism from the <strong data-start=\"138\" data-end=\"155\">U.S.A <\/strong>which is its largest shareholder.<\/li>\n<li style=\"text-align: justify;\">It will now focus on the <strong data-start=\"781\" data-end=\"824\">actual development outcomes and results<\/strong> achieved, instead of focusing on how much money is spent on climate projects.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: Following criticism from the U.S.A., the World Bank Group has announced the withdrawal of its climate finance targets under the World Bank&#8217;s Climate Change Action Plan (CCAP). About the World Bank&#8217;s Climate Change Action Plan (CCAP) It is an institutional strategy designed to integrate climate action into its development programmes and support countries in&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/world-banks-climate-change-action-plan-ccap\/\">Continue reading <span class=\"screen-reader-text\">World Bank&#8217;s Climate Change Action Plan (CCAP)<\/span><\/a><\/p>\n","protected":false},"author":10366,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,4182,1236,12039],"tags":[11872,10498],"class_list":["post-366544","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-environment","category-international-organisations","category-knolls","tag-9pm-daily-factly","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/366544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10366"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=366544"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/366544\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=366544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=366544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=366544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}