Ajay Banga’s Vision for the World Bank: Combating Both Climate Change and Poverty
Planet A - Talks on Climate Change
Invest in Climate: Mitigation and Adaptation Together
By 2025, significant strides will be made in climate financing, with 45% of the bank's financial resources dedicated to climate-related initiatives. This allocation will be evenly split between mitigation and adaptation efforts. Prioritizing immediate environmental issues such as soil degradation, biodiversity loss, and disaster resilience is crucial alongside long-term energy emissions strategies. Moreover, ensuring access to electricity for Africans is recognized as a fundamental human right, underscoring the urgency of these initiatives.
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