France Seeks to Preserve World Bank Climate Strategy

France and other shareholders aim to preserve the World Bank climate strategy before its June expiry. The U.S. administration wants to end current targets.

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France and other key shareholders of the World Bank are seeking urgent solutions to maintain the institution's climate change financing strategy as its official mandate nears expiration at the end of June. Eleonore Caroit, the French Minister Delegate for Francophonie, International Partnerships and French Nationals Abroad, confirmed that discussions are active during the International Monetary Fund and World Bank spring meetings in Washington to ensure the core objectives of the Climate Change Action Plan remain intact.

French Minister Delegate Eleonore Caroit attends an interview during the 2026 IMF/World Bank Spring Meetings in Washington, D.C. REUTERS/Elizabeth Frantz/File Photo
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