International Bank for Reconstruction and Development / The World Bank
Climate Impact & Sustainability Data (2017-01 to 2018-04)
Reporting Period: 2017-01 to 2018-04
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
Environmental Achievements
- 51 carbon pricing initiatives implemented or scheduled for implementation, covering 11 gigatons of carbon dioxide equivalent (GtCO2e) or about 20 percent of global GHG emissions (increase from 8 GtCO2e or about 15 percent in 2017).
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Capacity and infrastructure concerns in implementing carbon pricing initiatives; market imbalance in ETSs due to mismatch between cap/emission baseline and expected emissions, other policies affecting emissions, or unforeseen circumstances; competitiveness concerns of national sectors exposed to international competition.
Mitigation Strategies
- Phased approaches to plan for adjustments to system design; market stability reserve (MSR) in EU ETS; suspension of Kazakhstan ETS to allow for rule adjustments; reforms to allowance supply, allocation, and borrowing provisions in Korea ETS; better data to inform emission projections; review of RGGI resulting in amendments to emissions cap and establishment of Emissions Containment Reserve.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Development of low-carbon technologies and business models
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
Carbon pricing initiatives contribute to these goals by incentivizing the transition to clean energy and reducing greenhouse gas emissions.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed