The Climate Support Facility (CSF) provides critical support to countries, propelling them toward realizing their climate goals. As a Multidonor Trust Fund (MDTF) in the World Bank's Climate Change Group, the Facility plays a key role in embedding climate into World Bank country dialogue and financing. The CSF has assisted developing countries in their transition toward low-emission and climate-resilient economies to meet the goals of the Paris Agreement through three key impact paths: accelerated climate action, a strengthened enabling environment for climate, and increased investment in climate action. Progress reporting documented a total of 249 grants in 2023, reflecting substantial efforts in advancing climate action since the CSF's inception in 2020. The CSF will also host a new program that coalesces the power of Multilateral Development Banks (MDBs) to achieve long-term climate goals.
Authors
- Disclosure Date
- 2024/10/23
- Disclosure Status
- Disclosed
- Doc Name
- Climate Support Facility 2024 Annual Report
- Pages
- 55
- Published in
- United States of America
- Series Name
- Umbrella Trust Fund Annual Report;
- Unit Owning
- Planet-Climate Investment Funds (SCCCI)
- Version Type
- Final
- Volume No
- 1
Table of Contents
- CSF DONOR PARTNERS 4
- TABLE OF CONTENTS 5
- FOREWORD 6
- A SNAPSHOT OF THE CLIMATE SUPPORT FACILITYS THIRD YEAR OF OPERATION 7
- PREFACE 7
- ACKNOWLEDGEMENTS 8
- ABBREVIATIONS AND ACRONYMS 8
- EXECUTIVE SUMMARY 9
- INTRODUCTION 11
- FOCUS AREA 1 NATIONAL PLANS AND STRATEGIES 15
- Enabling Ecuadors Long-Term Strategy to Tackle Climate Change 17
- Launching Long-Term Support for Countries to Harness the Power of Multilateral Development Banks 18
- FOCUS AREA 2 ECONOMY-WIDE INTERVENTIONS 19
- WHOLE-OF-ECONOMY WoE PROGRAM 19
- Global WoE Success Stories 24
- FOCUS AREA 3 TARGETED INTERVENTIONS 26
- THE GREEN RECOVERY INITIATIVE GRI 26
- Greening Viet Nams Transportation Sector 30
- Helping Ethiopia Adapt to the Health-Related Impacts of Climate Change 30
- WESTERN BALKANS PLUS WeBa PROGRAM 31
- Reducing the Environmental and Greenhouse Gas Emission Footprint of North Macedonias Transportation Sector 34
- Carbon Pricing Unlocks a World of Possibilities across the Western Balkans 34
- CSF EXTERNAL PARTNERSHIPS AND VISIBILITY 35
- CSF FINANCIALS AND PORTFOLIO 36
- LOOKING AHEAD 39
- REFERENCES 54
