Article source
ADB News Release
Article date
Sun, Nov 29, 2015
PARIS, FRANCE — The heads of the world’s largest development banks pledged today to work together to substantially increase climate investments and ensure that development programs going forward consider climate risks and opportunities.
In a joint statement released at the 21st Conference of the Parties of the UN Framework Convention on Climate Change (UNFCCC), the African Development Bank (AfDB), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IDB), and the World Bank Group (WBG) announced their intention to further mobilize public and private finance to help countries reduce greenhouse gas emissions and adapt to climate change.