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Development banks pledge to step up climate action

2014-09-12 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The worlds six multilateral development banks promised on Thursday to do more to help emerging nations fight climate change as part of efforts to reinvigorate flagging work on a UN deal to limit temperature rises. In a statement before a Sept. 23 summit on global warming to be hosted by UN Secretary-General Ban Ki-moon in New York, the World Bank and other banks said they had delivered $75 billion in financing since they started joint tracking of funds in 2011. We now pledge to build on our...

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