News / #multilateral development bank
The UK government has reclassified nearly £500m of aid for war-torn and impoverished countries as “climate finance”, in a bid to meet its international commitments under the Paris Agreement.
The World Bank and International Monetary Fund (IMF) held their spring meetings last week in Washington DC – a key event in a critical year for international climate finance.
Cambodia’s reliance on microloans, long touted as a way to reduce poverty, belies concerns over debt-fuelled deforestation.
Mahardika joins the World Bank's private finance arm to advise the manufacturing, agribusiness and services sectors on decarbonisation solutions and investments.
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