Exclusive-World Bank seeks more funds to address climate change, other crises -document

FILE PHOTO: An atrium is seen at the World Bank headquarters in Washington, U.S., October 14, 2017. REUTERS/Yuri Gripas

WASHINGTON (Reuters) - The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools, according to an "evolution roadmap" seen by Reuters on Monday.

The roadmap document - sent to shareholder governments - marks the start of a negotiation process to alter the bank's mission and financial resources and shift it away from a country- and project-specific lending model used since its creation at the end of World War Two.