13min chapter

Planet A - Talks on Climate Change cover image

Ajay Banga’s Vision for the World Bank: Combating Both Climate Change and Poverty

Planet A - Talks on Climate Change

CHAPTER

Intertwined Challenges: Poverty and Climate Change

This chapter examines the inextricable link between poverty eradication and climate change, using Kenya as a case study to illustrate the impact of drought on farming communities. It highlights the World Bank’s commitment to addressing these dual issues through climate financing and sustainable initiatives, aiming for a balance between mitigation and adaptation. Additionally, it explores global projects designed to enhance the voluntary carbon market while supporting local communities and promoting renewable energy solutions.

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