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World Bank to raise $200 billion to fight climate change
short by Shruti Maria Mahendar / on Monday, 3 December, 2018
The World Bank Group on Monday said it will double its 5-year investments to $200 billion to fight climate change between 2021-2025. The fund will aid high-quality forecasts, early warning systems and climate information services. World Bank will contribute $100 billion and the rest will be raised by International Finance Corporation, Multilateral Investment Guarantee Agency and private capital.
read more at Bloomberg Quint