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Development banks pledge $15 bln in new climate funds: officials

2015-10-10 00:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Development banks including the World Bank have pledged an additional $15 billion a year by 2020 to fight climate change, taking the world closer to the clutch target of $100 billion, officials said Friday. Just two months before key UN climate talks in Paris, world leaders are scrambling to reach the magic number of $100 billion in funding to combat global warming and help vulnerable nations cope with the impact of climate change. The figure, agreed in previous rounds of talks, is seen as...

Tags: development funds officials banks

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