The ASEAN Green Bonds Standards are a big step forward towards more green investments in the region. Photo: bigstock/jamesteoh Climate change poses a significant threat to the economic development…

Ashraf Arshad, José de Luna-Martínez |

The green sukuk, or Islamic bond, is a big step forward to fill gaps in green financing. Proceeds are used to fund environmentally sustainable infrastructure projects such as solar farms in…

Faris Hadad-Zervos |

Second Annual Carbon Pricing Leadership Coalition High-Level Assembly. Photo: World Bank When the world united around the historic Paris climate agreement, in 2015, the message was clear: It’s…

Catherine McKenna, Feike Sijbesma |

New Zealand has a long history of supporting its close neighbors in the Pacific, both in times of disaster and emergencies, and to help improve the lives of many thousands across the region. On…

Kara Mouyis |

In the past several decades Malaysia has witnessed strong economic growth and has become one of Asia’s newly industrialized countries. In one generation it transitioned successfully from low to…

Smita Kuriakose |

Have you ever felt like you are in a race and each time you pass another competitor, more keep showing up ahead on the race track in an endless marathon? Well, countries striving to be competitive…

Laura Altinger |

The city of Ouarzazate in Morocco will host what will become one of the largest solar power plants in the world. Photo: CIF / World Bank The investment needs for low-carbon, climate-resilience…

Rachel Stern |

Also available in: Español | Français | 中文 By Gregor Robertson, Mayor of Vancouver, Canada Around the world, cities are taking the lead on addressing the challenge of climate change. While senior…

Gregor Robertson |

A dangerously warming planet is not just an environmental challenge – it is a fundamental threat to efforts to end poverty, and it threatens to put prosperity out of the reach of millions of…

Thomas Kerr |

Also available in Français | Español | 中文 In January, World Bank Group President Jim Yong Kim urged the audience at the World Economic Forum in Davos to look closely at a young, promising form of…

Heike Reichelt, Alexandra Klöpfer |