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Multilateral development banks provide record climate finance in 2022

MANILA, Oct. 13 (Xinhua) -- Climate finance provided by multilateral development banks (MDBs) reached a new record high in 2022, according to a recent report.

The Joint Report on MDBs Climate Finance, released on Thursday, said that 60.7 billion U.S. dollars of MDB climate finance was allocated for low-income and middle-income economies in 2022.

The report noted that 38 billion dollars, or 63 percent of t



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Multilateral development banks provide record climate finance in 2022

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