ESG & Investing

World Bank Focuses On Securitization to Scale Climate Finance

The institution is working with 15 banking chiefs to lower risks for investors so more money can pour into clean energy projects in the developing world. 

Day three of the COP28 climate conference in Dubai.

Photographer: Hollie Adams/Bloomberg

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The World Bank is working with a club of 15 finance bosses to lower the risk of investing in climate projects in emerging economies and attract private capital for cutting emissions.