MDBs Pledge to Raise Climate Finance to US$175 Billion Annually by 2025
September 22, 2019
September 22, 2019
WASHINGTON, Sept. 22 -- The Inter-American Development Bank issued the following news release:
In a statement today at the UN Secretary-General's Climate Action Summit in New York, the IDB Group and eight multilateral development banks (MDBs) announced plans to increase the global climate action investments they support each year to US$175 billion by 2025. In 2018, MDB climate finance in developing countries and emerging economies already reached record annual levels: resulting in U . . .
In a statement today at the UN Secretary-General's Climate Action Summit in New York, the IDB Group and eight multilateral development banks (MDBs) announced plans to increase the global climate action investments they support each year to US$175 billion by 2025. In 2018, MDB climate finance in developing countries and emerging economies already reached record annual levels: resulting in U . . .