Jun.19 - World Bank President Jim Yong Kim discusses the global economic outlook and the business case for going green at a Thomson Reuters event in London. (ROUGH CUT - NO REPORTER NARRATION)
(ROUGH CUT - NO REPORTER NARRATION) Under World Bank President Jim Yong Kim, the global development lender has launched a more aggressive stance to spur action on climate change. Kim has said it is impossible to tackle poverty without dealing with the effects of a warmer world. The World Bank said it has doubled its spending on adaptation to climate change last year, to $4.6 billion, to help countries and cities figure out how best to deal with higher temperatures. It also loaned $7.1 billion to countries last year in projects that could help mitigate climate change. He was speaking a newsmaker event at ThomsonReuters in London.