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World Bank to boost climate financing share to 45%, broaden climate debt clauses

World Bank to boost climate financing share to 45%, broaden climate debt clauses

by AIP Online Bureau | Dec 2, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

World Bank President Ajay Banga also said that the World Bank would broaden the scope of Climate Resilient Debt Clauses in its loans to cover all existing World Bank loans for the most vulnerable countries. The clauses provide for a suspension of repayments in the...

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