TAG: "International Development Association"
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World Bank Group Sets Record with USD 42.6 Bn in FY24 Climate Finance
The World Bank Group provided USD 42.6 billion in climate finance for FY24, a 10 percent increase from last year. At COP28, it committed to raising climate financing to 45 percent of total lending for FY25, focussing equally on adaptation.
International Development Association | September 20, 2024 | By EI News Network | 1728
World Bank Sanctions USD 1.5 Billion in Financing to Expedite India’s Low-Carbon Transition
The financing will assist India boost low-carbon energy by strengthening renewable energy, developing green hydrogen, and establishing climate finance for low-carbon energy investments.
International Development Association | June 30, 2023 | By EI News Network | 1662
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