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Development banks pledge $15 bln in new climate funds: officials

2015-10-10 00:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Development banks including the World Bank have pledged an additional $15 billion a year by 2020 to fight climate change, taking the world closer to the clutch target of $100 billion, officials said Friday. Just two months before key UN climate talks in Paris, world leaders are scrambling to reach the magic number of $100 billion in funding to combat global warming and help vulnerable nations cope with the impact of climate change. The figure, agreed in previous rounds of talks, is seen as...

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