ADB to Double Annual Climate Financing to $6 Billion for Asia-Pacific by 2020

Asian Development Bank (ADB) President Takehiko Nakao today announced that ADB will double its annual climate financing to $6 billion by 2020, up from the current $3 billion. ADB’s spending on tackling climate change will rise to around 30% of its overall financing by the end of this decade.

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ADB
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