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Heike Reichelt, World Bank Treasury, on the Power of Capital Markets and Multilateral Impact

A Sustainable Future

CHAPTER

Climate Finance - Is the World Bank Doing Too Much?

At cop 26, multilateral development banks were an important, almost integral element during the negotiations. Among other things, the world bank itself allocated 35 % of its financing for climate related investments. Recommitted to no new coal power plant built.

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