Business Development

Multilateral Development Banks deliver record climate finance of close to $61 billion for low and middle-income economies in 2022

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Climate finance by Multilateral Development Banks (MDBs) for low-income and middle-income economies reached a new record of $60.7 billion in 2022, up 46 percent compared to 2019 volumes, a new joint report by the MDBs has found. Source African Development Bank Group

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