
#climate finance

Economy
Climate finance stalls at World bank and IMF meetings
World Bank president Ajay Banga expressed hope that donor contributions could add up to an additional $100 billion to the poorest countries through its lending arm, the International Development Association (IDA). The Bank has initiated efforts to add more financing to its portfolios to support low-income countries with very low-cost financing and grants.
• Apr 21 2024
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