The President of the World Bank, Jim Yong Kim, pointed to the serious consequences to global economic outlook of failing to tackle the challenges of climate change. He remarked that the risks associated with climate change could threaten international peace and security. The Bank is stepping up...

Jim Yong Kim, President of the World Bank Group states that the infrastructure gap is enormous --an estimated USD 1 trillion to USD 1.5 trillion more is needed each year. To fill this gap, the Bank needs to tap into the trillions of dollars held by institutional investors, most of which are...

Jim Yong Kim, President of the World Bank Group, discussed briefly the history of the Paris climate agreement. Infrastructure investment expected over the next 15 years. Most of this will be in developing countries. Making sure these investments are low-carbon and climate-resilient will be...

Jim Yong Kim, President of the World Bank Group, discussed the need to tackle climate change. What we need to do now is build unprecedented political action to fulfill the promises. He mentioned that climate volatility in places like the Sahel in Africa contribute to instability and fragility....