COP28: World Bank Announces Boost in Climate Financing to Include 45% of Budget

EcoWatch
By Cristen Hemingway JaynesDec 1, 2023, 5:11 pm207 pts
President of the World Bank Ajay Banga has announced that the international development lender will devote 45 percent of its yearly financing budget to climate-related causes for the fiscal year July 1, 2024, to June 30, 2025, a press release from the World Bank said. The financial institution added that, in…

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