NewClimate InstituteWorld Bank could strengthen the sector notes by further emphasizing the mutual benefits between mitigation, adaptation, and SDGs and increasing transparency of Paris alignment project assessments to allow for greater clarity and accountability.
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The World Bank’s sector notes encourage the consideration of transitions, but lack sufficient detail to ensure full alignment with the Paris agreement
In this blog we explore whether the approaches in the World Bank sector notes are sufficient to avoid financial flows that conflict with the Paris Agreement.