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CAPACITY BUILDING

Multilateral Development Banks To Boost Climate Finance

By Rezo Bitsadze Multilateral development banks (MDBs) have issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes. MDBs estimate that by 2030, their annual collective climate financing for low- and middle-income countries will reach US$120 billion, including US$42...
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