Launch of the World Bank's Sustainable Infrastructure Initiative

The World Bank's Sustainable Infrastructure Initiative is a program aimed at promoting environmentally-friendly and socially-responsible infrastructure development worldwide. The initiative has received backing from the Asian Infrastructure Investment Bank (AIIB) and the European Investment Bank (EIB). With a focus on climate change mitigation, adaptation, and resilience, the initiative promotes the use of renewable energy, green transportation, and sustainable water management. The program has partnered with organizations such as the United Nations and the World Economic Forum to promote sustainable infrastructure development.