Bonn, June 20, 2025 (AFP) - World Bank and IMF climate snub 'worrying': COP29 presidency

NAMPA / AFP

2025-06-20

The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries' response to global warming. This anxiety has grown as the Trump administration has slashed foreign aid and discouraged US-based development lenders like the World Bank and the International Monetary Fund from focussing on climate finance. Developing nations, excluding China, will nee......

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