News
06 September 2024

ADB to devote half its lending to climate finance by 2030

Region:
Asia-Pacific

ADB has approved a new goal to devote 50% of its annual lending to climate finance by 2030 and boost private sector capital mobilization as part of a sweeping strategy update for the rest of the decade.The lender said the new goal is a big jump from the current 35% ambition and comes with a...

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