2016: World Bank Group Moves Fast to Support Stepped Up Global Climate Ambition

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World Bank

It started with the bang of a gavel. Since the adoption of the Paris Agreement in December 2015, the world has seen a year of unparalleled ambition on climate change. Almost every country on Earth – 190 in all – have now set national climate targets as part of the Paris process. Over the course of 2016, there have been important steps forward on aviation, on short-lived climate pollutants, and on putting a price on carbon pollution. Renewable energy surpassed coal to become the largest source of installed power capacity in the world. To date, 100 countries have ratified the Paris Agreement, bringing it into force on November 4 – much faster than anyone would have expected when it was adopted. Please click here to continue reading the article.