MDB Climate Finance Hit Record High of US$35.2 billion in 2017

1395245055298An increase of nearly 30 per cent on the previous year, boosting projects that help developing countries cut emissions and address climate risks.

WASHINGTON, June 13, 2018 – Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of $35.2 billion in 2017, up 28 per cent on the previous year.

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