Question

Recently World bank adopted Climate Change Action Plan to accelerate efforts to tackle climate change. Consider the following statements in this regard:

Which of the above statements is/are correct?

• A. 1 and 2 only
• B. 1,2 and 3 only
• C. 2, 3 & 4 only
• D. All of these

Answer 1

The correct option is C

2, 3 & 4 only

World bank’s Climate Change Action Plan, which lays out concrete actions to help countries deliver on their NDCs and sets ambitious targets for 2020 in high-impact areas, including clean energy, green transport, climate-smart agriculture, and urban resilience, as well as in mobilizing the private sector to expand climate investments in developing countries.

Key highlights

1. Help in developing countries add 30 GWs of renewable energy.
2. World Bank would focus on expanding universal access to early-warning systems in the case of disasters to 100 million people by the year 2020.
3. World Bank will develop climate-smart agriculture investment plans for at least 40 nations. Design sustainable forest strategies for 50 countries and promote climate-informed fisheries management by 2020.
4. Bring adaptive social protection social safety nets that can quickly support people affected by a disaster or an economic shock. Pilot a new approach in 15 cities that aims to boost urban resilience by integrating infrastructure, land use planning and disaster risk management. World Bank to quadruple funding over next 5 years to make transport systems more resilient to climate change.
5. It will also invest at least US 1 billion dollars to promote energy efficiency and resilient building by 2020.
6. Help to green the financial sector through a coordinated approach across banking, capital and pensions markets to implement changes needed nationally and globally.