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World Bank to shift focus to climate change

2016-04-11 06:34:00| Climate Ark Climate Change & Global Warming Newsfeed

United Press International: The World Bank announced Thursday it is making a "fundamental shift" away from financing efforts to ease global poverty, towards tackling climate change. The group, which provides financial assistance to the developing world, said all future spending under its new Climate Change Action Plan would be respectful of the environment and specifically 28 percent of new investments will fund projects that fight climate change. The Climate Change Action Plan spells out the organization's actions to...

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