Authors

Addie Haughey

Class Year

2010

Document Type

Journal Article

Publication Date

Winter 2009

Abstract

In response to the Bali Action Plan’s calls for an expanded international response to climate change, the World Bank created a series of Climate Investment Funds (“CIFs”) to provide “immediate financial resources” to respond to global climate challenge. Since the creation of the funds last year, more than $6 billion has been pledged to CIF programs by donor countries and the CIFs have quickly become leaders in international climate investment, at least in terms dollar amount.

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