MDBs deliver record $137bn climate finance in 2024, set bigger targets for COP30 in Brazil

[Hallmark - Nigeria] - 10/09/2025
Multilateral development banks (MDBs) channelled a record $137 billion into global climate finance in 2024, a 10 percent increase from the previous year, according to the 2024 Joint Report on Multilateral Development Banks’ Climate Finance released on Tuesday. The bulk of the funding, over $85 (…)
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