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climate finance

Financing to address climate change is growing year on year

Climate finance committed by multilateral development banks (MDBs) rose between 2019 and 2020 with 58% committed to low- and middle income economies, according to a 2020 joint report coordinated by the EBRD.
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AfDB appoints Aissa Touré as country manager in Rwanda

An economist and development expert, Aissa Tourà, the Country Manager designated for Rwanda, a Senegalese national, brings to the Bank over 25 years of experience, working in three continents and 12 countries for 5 international organizations.
Nigeria benefits from EU funding for renewable energy projects

India bags ADB $346m loan to electrify rural Maharashtra

In India, the government of Maharashtra has secured a $346 million loan from the Asian Development Bank to electrify rural agriculture customers.
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Climate financing up by 28%, finds report

Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of $35.2 billion in 2017, up 28% on the previous year. The MDBs’ latest joint report on climate financing highlights that $27.9...

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