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Statement by Rt. Hon. Justine Greening, and Rt. Hon. George Osborne, at the 92nd meeting of the Development Committee held on October 10, 2015 (English)

This is a statement by Rt. Hon. Justine Greening, and Rt. Hon. George Osborne, Secretary of State for International Development, Chancellor of the Exchequer at the ninety second meeting of the Development Committee held on October 10, 2015. The World Bank Group played both on the 2030 agenda for Sustainable Development and the Addis Ababa Action Agenda through the provision of technical expertise and inputs to the processes. The UK welcomes the successful agreement of these historic processes. It is important that the Bank now turns its attention to working with partner countries and other donors to implement this new agenda. The UK strongly recognizes the importance of the Multilateral Development Banks (MDB) as critical players in delivering climate finance and contributing to the 2020 $100billion per annum goal. The importance of MDBs in mobilizing climate finance up to 2020 and beyond should not be understated, and we highlight the need for MDBs to do more to scale up their effort. Integration and mainstreaming of both mitigation and adaptation into investment strategies will be central to success.

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Citation

Justine Greening, Rt. Hon. George Osborne, Rt. Hon.

Statement by Rt. Hon. Justine Greening, and Rt. Hon. George Osborne, at the 92nd meeting of the Development Committee held on October 10, 2015 (English). Development Committee Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/955811467987831527/Statement-by-Rt-Hon-Justine-Greening-and-Rt-Hon-George-Osborne-at-the-92nd-meeting-of-the-Development-Committee-held-on-October-10-2015