First published: here | 26 May 2026

This joint open letter signed by over 80 civil society organizations expresses concern regarding the pending expiry of the World Bani’s Climate Change Action Plan and calls for it to be extended pending development of a new Action Plan. The letter also urges the World Bank to strengthen its Paris Agreement alignment process and the quality and transparency of its climate finance provision, to ensure its energy investments are aligned with the I.5°C target and to integrate climate change into the revision of International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) Performance Standards as part of broader due diligence efforts.