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The importance of development banks raising climate ambition ahead of COP26 | Cabinet Office


Cabinet Office
The importance of development banks raising climate ambition ahead of COP26
COP26 President Alok Sharma opened the 54th Annual Asian Development Bank meeting in a session called, "Raising the Bar on Climate Ambition - Road to COP 26".
The past 12 months have been one of the most challenging periods faced by humanity in modern times. And world governments have responded. They’ve collectively deployed trillions of dollars, particularly in developed nations, to support lives and livelihoods.
And we’ve also seen what the Asian Development Bank has done when faced with a Covid crisis. A 20 billion dollar response package, providing a nine billion dollar facility to help developing member states access and distribute Covid-19 vaccines.

Philippines , Paris , France-general , France , United-kingdom , Pakistan , Alok-sharma , Asia-pacific , Green-recovery-programme , University-of-oxford , World-bank , Asian-development-bank