Which World Bank initiative provides concessional financing and technical assistance to help low-income countries build climate resilience, transition to clean energy, and protect natural capital?
- Climate Investment Funds
- Global Environment Facility
- Green Climate Fund
- All of the above
Answer: All of the above
The World Bank Group channels climate finance through multiple vehicles: CIFs (scaled-up pilot programs), GEF (biodiversity, land degradation), and GCF (largest dedicated climate fund). These resources support mitigation, adaptation, and capacity building aligned with national development priorities and Paris Agreement goals.