EMEA > Africa > World Bank drops climate financing targets, buckles under US pressure

World Bank drops climate financing targets, buckles under US pressure

Published 13:30 on June 30, 2026 / Last updated at 13:30 on June 30, 2026 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Net Zero Transition (Investment, Reporting & Disclosure)

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The World Bank said it will scrap two headline climate financing targets, including its goal for 45% of financing to deliver climate benefits, as it shifts its focus from how much the bank spends on climate-related projects.
The World Bank said it will scrap two headline climate financing targets, including its goal for 45% of financing to deliver climate benefits, as it shifts its focus from how much the bank spends on climate-related projects.


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