Report casts doubt on World Bank’s $17 billion of climate finance

Published 16:44 on October 3, 2022  /  Last updated at 17:03 on October 3, 2022  /  Africa, Climate Talks, EMEA, International  /  No Comments

The World Bank $17.2 billion climate finance public sector portfolio could be off by as much as $7 bln or 40%, according to a report published by an NGO on Monday as COP27 hosts Egypt urged rich nations to make good on their climate aid commitments at next month's UN summit. 

The World Bank $17.2 billion climate finance public sector portfolio could be off by as much as $7 bln or 40%, according to a report published by an NGO on Monday as COP27 hosts Egypt urged rich nations to make good on their climate aid commitments at next month’s UN summit.

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