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MDBs’ Climate Finance in Low and Middle-Income Countries Reaches $51 Billion in 2021

MANILA, PHILIPPINES : Climate finance committed by major multilateral development banks (MDBs) rose by more than 24% last year compared to 2020, according to the 2021 Joint Report on Multilateral Development Banks’ Climate Finance, published today. The 2021 total financing by MDBs already surpassed the 2025 climate finance goals set at the 2019 United Nations […]

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