Climate change and policy responses to climate change pose significant risks to financial and fiscal stability, poverty and inequality and the long-run growth prospects of the world economy.
To that end, the Task Force on Climate, Development and the International Financial Architecture is a consortium of experts from around the world utilizing rigorous, empirical research to advance a development-centered approach to climate change across the international financial architecture (IFA). The Task Force believes it is imperative that the global community support climate resilience and transitions to a low-carbon economy in a just manner. The mission of the Task Force is to advance a development-oriented climate policy in the international financial architecture through rigorous empirical research, policy engagement and strategic communications.
Latest Work
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Closing the Gap: Financing Climate-Resilient Infrastructure in Bangladesh
November 05, 2026By Fahmida Khatun, Afrin Mahbub and Anindita Islam Climate change is already raising the cost and uncertainty of Bangladesh's trade, just as Least Developed Country (LDC) graduation threatens to erode the preferential market access on which the country’s exporters have long... [ More ]
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Implications of Climate-Resilient Infrastructure on Bangladesh’s Trade Costs
November 02, 2026Bangladesh has developed significantly over the last decade and positioned itself as a major player in the global trade landscape, but it is highly susceptible to climate-induced disasters that can disrupt trade. While climate change exacerbates the frequency and severity... [ More ]
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The World Bank Needs an Enhanced Climate Change Action Plan
June 26, 2026By Rishikesh Ram Bhandary, Marilou Uy and Irene Monasterolo As countries grapple with one of hottest years on record alongside the global energy crisis now entering its “worst case scenario,” the World Bank is debating the future of its Climate Change... [ More ]