The World Bank Group has launched an action plan on climate change adaptation and resilience, under which it will increase direct adaptation climate finance to USD 50 billion over 2021-2025. Outlined in a publication titled, ‘Action Plan on Climate Change Adaptation and Resilience: Managing Risks for a More Resilient Future,’ the Plan provides for an average of USD 10 billion a year during the five-year period, which is more than double what was achieved in 2015-2018. Read More