
COP28: World Bank Announces Boost in Climate Financing to Include 45% of Budget
President of the World Bank Ajay Banga has announced that the international development lender will devote 45 percent of its yearly financing budget to climate-related causes for the fiscal year July 1, 2024, to June 30, 2025, a press release from the World Bank said. The financial institution added that, in the event of climate […]