The World Bank Group has announced changes to its climate strategy, saying its future climate work will remain focused on supporting countries’ own development goals, national plans, and Nationally Determined Contributions (NDCs).

The bank said it will extend its Climate Change Action Plan (CCAP), which has helped integrate climate considerations into development projects based on client needs and priorities. However, it will shift its approach from measuring financial inputs to focusing on development outcomes and impact.

As part of the change, the World Bank will retire its 45 per cent climate co-benefits target and the 35 per cent climate finance target under the CCAP. The institution said further progress on climate outcomes will be guided by countries’ ambitions and supported by the bank’s knowledge and technical resources.

The World Bank will continue tracking and reporting two key indicators: reductions in net greenhouse gas emissions and the number of people benefiting from improved resilience to climate risks. It will also strengthen its outcome measurement methods and continue cooperation with other multilateral development banks.

In response to a request from the World Bank Board, the Independent Evaluation Group (IEG) will conduct an evaluation of the CCAP to assess its effectiveness and impact.

The bank said it will maintain regular reporting on climate progress, including climate co-benefits across its projects and portfolio, through existing reporting channels.

It will also explore new ways to strengthen its engagement in climate adaptation, nature protection, and pollution reduction.

The World Bank emphasised that climate action remains central to its mission, but future efforts will be increasingly shaped by country priorities and measurable development results rather than fixed financing targets.