World Bank to invest $200bn to combat climate change
by Fiona Harvey Environment correspondent from Economics | The Guardian on (#446G6)
Sum available for 2021-25 represents doubling of current five-year plan
The World Bank is to make about $200bn (157bn) available to fund action on climate change from 2021-25, helping countries adapt to the effects of warming and reduce greenhouse gas emissions.
The sum represents a doubling of the five-year investment plan put in place after the landmark Paris agreement of 2015.
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