Eight countries in the EU have proposed spending 25% of the EU budget on climate change. The African Development Bank has announced the tripling of its climate financing to reach nearly $5 billion annually by 2020; similar numbers for the Asian Development Bank and the World Bank are $6 billion and $16 billion a year, respectively.
- Post author:IAS ABHIYAN
- Post published:July 26, 2019
- Post category:Mains Current Affairs for UPSC / Value Addition for Mains
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