VoteClimate: World Bank Group Capital Increases and Reform - 25th April 2018

World Bank Group Capital Increases and Reform - 25th April 2018

Here are the climate-related sections of speeches by MPs during the Commons debate World Bank Group Capital Increases and Reform.

Full text: https://hansard.parliament.uk/Commons/2018-04-25/debates/18042575000012/WorldBankGroupCapitalIncreasesAndReform

The Secretary of State for International Development (Penny Mordaunt)

Strengthening resilience and response to crises—A new crisis buffer for the IBRD, which would allow it to surge lending in crises. Investment in projects with climate change benefits increased to 30% of IBRD support by June 2023 and 35% of IFC support by June 2030.

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