BLOG | COVID-19 Vaccines: Saving Lives and Rebuilding Better

The World Bank can help countries bring an end to the pandemic and strengthen health infrastructure, while ensuring climate resilience and reducing the carbon footprint.

To do this, reliable and effective cold chains are needed.

Combating the virus whilst also addressing climate change is unlikely to happen spontaneously due to higher upfront costs in most cases. Sustained technical support and robust financing mechanisms are needed. For example, the Bank’s Energy Sector Management Assistance Program (ESMAP) has initiated the mobilization of grant funding from donors in the amount of over $20 million. This will support projects in Haiti, Liberia, and Afghanistan, with others in the pipeline. Parallel efforts are underway to mobilize further concessional climate finance. More will certainly be needed.

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