WB unveils $200 Billion in climate action

• The World Bank unveiled $200 billion in climate action investment for 2021-25 on 3 December 2018.
• World Bank said it has doubled funding of its current five-year plan.
• This move represents a significantly ramped up ambition to tackle climate change.
• The World Bank said the breakdown of the $200 billion would comprise ‘approximately $100 billion in direct finance from the World Bank.

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