Multilaterals key to funding fight against global warming

Quick Summary:

AS climate change leads to a seemingly endless stream of weather disasters around the world, countries are struggling to adapt to the new reality.

Preparing to better withstand hurricanes, floods, heat waves, droughts and wildfires will take hundreds of billions of dollars.

The World Bank delivered $42.6 billion in climate finance in its most recent fiscal year, a 10-percent increase from the year before.

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Article Details

Author / Journalist: Mary Katherine Wildeman / The Associated Press

Category: BusinessStartups

Markets: PhilippinesAzerbaijanCanadaIndiaKenyaUnited KingdomVietnam

Topics: Banks Fossil Finance Developing Projects World Bank Change Development Climate Countries

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-10 @ 12:57:57 (5 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1420 words

Reading Time: 8 minutes read

Sentences: 47 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23492041

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 37 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 14 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

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Website Security: Secure (HTTPS)

Publisher ID: #37

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