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World Bank Announces $200 Billion to Fund the Fight Against Climate Change
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World Bank Announces $200 Billion to Fund the Fight Against Climate Change

The World Bank has announced a major new set of targets for 2021-2025, doubling its current 5-year investments to around $200 billion in support for countries to take ambitious climate action.

“Climate change is an existential threat to the world’s poorest and most vulnerable. These new targets demonstrate how seriously we are taking this issue, investing and mobilising $200 billion over five years to combat climate change,” World Bank Group President, Jim Yong Kim said. “We are pushing ourselves to do more and to go faster on climate and we call on the global community to do the same. This is about putting countries and communities in charge of building a safer, more climate-resilient future.”

Read full press release.

Author: DelAgua

Publish Date: 10.12.2018

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