The Pilot Programme for Climate Resilience (PPCR), part of the World Bank-housed Climate Investment Funds (CIFs), intends to provide frameworks for integrating climate resilience in national development planning of climate vulnerable countries. The Bank acts as trustee, secretariat and one of the implementing agencies of the CIFs. The PPCR offers recipient countries a mix of grants and loans for climate adaptation projects.
21 November 2011
As the next round of global climate negotiations approaches, the World Bank advocates the use of private sector finance for climate change adaptation and mitigation, and pushes multilateral development banks as delivery mechanisms.