World Bank Group & United States — Presidency of Donald Trump

World Bank Group: The World Bank Group Group is retiring its 45% climate lending goal and extending its Climate Change Action Plan, shifting focus to 'smart development' under pressure from the United States — Presidency of Donald Trump. This change impacts its operational strategy and public perception regarding climate initiatives.

United States — Presidency of Donald Trump: The United States — Presidency of Donald Trump exerted significant pressure on the World Bank Group to abandon its climate lending targets, advocating for a return to core development and financial stability missions. This administration's stance directly influenced the World Bank Group's policy shift.

World Bank Group: The World Bank Group approved $265 million in financing for the Ifahsa Pumped Hydropower Storage Project in Morocco, two days after retiring its climate lending target. This action demonstrates its continued support for climate-related projects despite policy changes.

United States — Presidency of Donald Trump: The United States — Presidency of Donald Trump exerted pressure on the World Bank Group Group to retire its goal of devoting 45% of lending resources to climate benefits, influencing the bank's policy change.