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Keyword: climascama

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  • World Bank ups funds to tackle 'existential threat' of climate change ($200B!)

    12/04/2018 7:45:48 AM PST · by rktman · 6 replies
    reuters.com ^ | Megan Rowling
    The World Bank will give equal weight to curbing emissions and helping poor countries deal with the “disastrous effects” of a warming world as it steps up investments to tackle climate change in the first half of the 2020s, it said on Monday. The bank and its two sister organizations plan to double their investments in climate action to about $200 billion from 2021-2025, with a boost in support for efforts to adapt to higher temperatures, wilder weather and rising seas. The latest figures on international climate funding for developing nations show barely a quarter has been going to adaptation,...