The World Bank has put forth a 24-page report to the joint ministerial committee overseeing the bank and the International Monetary Fund, outlining plans to boost lending to developing countries. The proposed measures include a hybrid capital measure and a portfolio guarantee platform that, if approved by shareholders, have the potential to increase lending by over $100 billion. This additional lending would supplement initiatives already being implemented that will boost lending to developing countries by up to $50 billion. The World Bank aims to align its lending practices with the urgent need to address climate change. The bank’s mission is expanding to include environmental considerations in its lending decisions. By incorporating this focus into its reform process, the bank aims to support developing countries in their efforts to mitigate and adapt to climate change. The proposed measures show the World Bank’s commitment to providing substantial financial support to tackle global climate challenges. The bank’s efforts to expand lending align with the global consensus on the importance of urgent action to combat climate change. By prioritizing climate-related considerations, the World Bank is positioning itself as a key player in financing sustainable development initiatives. The proposed measures will be crucial in helping tackle climate change and support developing countries in their sustainable development goals. The bank’s role in providing financial support, expertise, and resources is vital to enabling developing countries to transition to climate-resilient economies. The World Bank’s commitment to boosting lending by $100 billion over the next 10 years demonstrates its dedication to addressing global challenges and fostering sustainable development.