How will the World Bank help poor and middle-income countries adapt to climate change?
For most Bank clients, adaptation is the key climate change issue that they face. The new Strategic Framework gives priority to strengthening the resilience of communities and economies to climate risks. To achieve this, the WBG will establish stronger operational links between climate adaptation and disaster risk reduction, when appropriate. It will screen climate-sensitive investments with long life spans for climate risks, starting with hydropower projects and selected water and agriculture projects. It will also help some of the most vulnerable countries integrate climate risk management in development processes, on demand and with new financing. Major areas of focus will include support to increasing resilience in the agriculture sector and its linkages with food security, water resource management including support to country-driven trans-boundary programs, and to the sustainable management of coastal areas. On-going analytic work to improve understanding of the nature and costs