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ADB to double annual climate financing to $6 bn

2015-09-26 05:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: The Asian Development Bank is to double its annual lending for climate change adaptation to $6 billion by 2020, the Philippines-based lender said. The initiative comes as world leaders adopted on Friday an ambitious set of 17 global goals, including combating climate change and its impacts, ADB president Takehiko Nakao said in a statement sent to AFP. "Nowhere is tackling climate change more critical than in Asia and the Pacific, where rising sea levels, melting glaciers, and weather extremes like...

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