World Bank Group Announcements to Support Countries Take Climate Action 10 December, 2020 - 20:50
Countries: Australia, Canada, Chile, Costa Rica, Côte d Ivoire, Democratic Republic of the Congo, Germany, Ghana, Indonesia, Mozambique, United Kingdom of Great Britain and Northern Ireland, Viet Nam, World Source: World Bank
WASHINGTON, Dec 10, 2020 - The World Bank Group today made several announcements in line with its ongoing support to help developing countries address climate change and adapt to its mounting impacts. These include:
Germany, the UK, and Austria are the first donors to a Green Recovery Initiative, which aims to help countries build a low-carbon, climate-resilient recovery from COVID-19. Funding will be provided through a new flagship World Bank trust fund, the Climate Support Facility which was launched today with an initial investment of $52 million from the German Federal Ministry of[.]
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