OECD, UN Environment and World Bank call for a radical shift in financing for a low-carbon, climate-resilient future
30. November 2018
The Organisation for Economic Co-operation and Development (OECD), UN Environment and World Bank Group called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change. Delivering a new report, Financing Climate Futures: Rethinking Infrastructure, to the G20 at its Summit in Buenos Aires, the three International Organisations said governments need to adopt a more transformative agenda on low-carbon, climate-resilient investments if they are to meet the Paris Agreement goal of cutting CO2 emissions to net zero in the second half of the century and build resilience to climate change.