<p>In 2021, during the UK COP26 Presidency, the World Bank Group made a commitment to fully align its sovereign operations with the Paris Agreement by 1 July 2023, and non-sovereign operations by 1 July 2025. In March this year the World Bank published a comprehensive set of methodologies and sector notes detailing its approach to Paris alignment. Since 1 July, all projects are assessed for Paris alignment. While the Bank is still in the early stages of implementation, HMG is confident that the Bank is implementing a rigorous process and is applying oversight through its seat on the Board.</p>