Most World Bank energy-transition funding tagged as climate finance

THREE-FOURTHS of the World Bank’s $1-billion financing for the Philippines’ energy transition and climate resilience program has been classified as climate finance, the bank said. Of the total financing for the Philippines Second Energy Transition and Climate Resilience Development Policy Loan (DPL), $750 million was tagged as climate finance, according to documents posted on the […]

Source: BusinessWorld
https://bworldonline.com/economy/2026/09/14/777162/most-world-bank-energy-transition-funding-tagged-as-climate-finance/