Monday, April 11, 2016

World Bank's New Climate Action Plan

According to an April 7, 2016 news release, the World Bank announced its new Climate Change Action Plan  that will "help developing countries add 30 gigawatts of renewable energy – enough to power 150 million homes – to the world’s energy capacity, bring early warning systems to 100 million people and develop climate-smart agriculture investment plans for at least 40 countries – all by 2020." The plan focuses on helping countries develop national policies and leverage private sector investment. Instead of a one-size-fits all plan, it stress differentiated actions and supports according to the point a country is starting from and its emission levels.