MDBs’ Climate Finance for Developing Countries Rose to US$ 38 Billion, Joint Report Shows

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The 2020 Joint Report on Multilateral Development Banks’ Climate Finance, published on June 30, showed that climate finance to low- and middle-income economies committed by major multilateral development banks (MDBs) rose to US$ 38 billion. In addition to this, $28 billion was committed to high income countries by MDBs focused on developed countries. The World […]