SHARM EL-SHEIKH (Reuters) - About half of the World Bank's $32 billion of climate financing is for adaptation to climate change, the body's president David Malpass said on Wednesday during the COP27 climate conference in Egypt.
SHARM EL-SHEIKH (Reuters) – About half of the World Bank’s $32 billion of climate financing is for adaptation to climate change, the body’s president David Malpass said on Wednesday during the COP27 climate conference in Egypt.
“As we go forward we need to build those efforts but also bring more donors into adaptation,” Malpass said.
(Reporting by Kate Abnett; Writing by Lina Najem; Editing by Andrew Heavens)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: