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Climate Finance at $25bn Worldwide Last Year
- csrice8
- Sep 13, 2016
- 1 min read
A recent Climate Finance report has revealed that renewable energy projects received funding worth $6 billion from multilateral banks in 2015.
The report was written by a group of multilateral development banks (MDBS), composed of the African Development Bank, the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Inter-American Development Bank Group (IDBG), and the World Bank Group (WBG).
Together, they provided a total of $25 billion in climate finance worldwide – around $5 billion into adaptation projects and $20 billion into mitigation projects.
401(K) 2012
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