ABSTRACT
This chapter traces the changing role of the World Bank, the leading international financial institution supporting the developing countries of the Global South. It shows how the Bank evolved from a strong focus on concessional lending for fossil fuel infrastructure and comparatively little concern for environmental impacts in its infant days, into the largest multilateral funder of climate investment projects: a player in full recognition of its indispensable role in driving the twenty-first century’s interconnected global climate and sustainable development agendas.
