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World Bank pledges $29bn green aid; Morocco hosts EU climate summit

2015-10-11 22:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: Late Friday the World Bank announced was boosting its climate finance offering from 21% up to 28% of the groups funding -- with support of its members (188 countries). The pledge means funds could potentially rise from a projected $16 billion in 2020 to $29 billion, and also means theres also progress towards generating $100 billion a year by 2020 to help poor countries cope with future impacts. We are committed to scaling up our support for developing countries to battle climate change,...

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