Reference Guide on Adaptation Co-Benefits

“Climate Co-Benefits” are the financial resources committed by the World Bank to development operations, which deliver positive benefits associated with the reduction of greenhouse gas (GHG) emissions (climate change mitigation) and/or enable project/program beneficiaries to adapt to impacts of climate change (climate change adaptation). As part of the World Bank’s commitment to increase the climate-related share of its portfolio from 21 to 28 percent by 2020, all projects with International Bank for Reconstruction and Development (IBRD) or International Development Association (IDA) financing are assessed for climate (adaptation and mitigation) co-benefits.