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US $81 billion mobilized in 2015 to tackle climate change: Joint MDB report

Climate finance totalling US $81 billion was mobilized for projects funded by the world’s six largest multilateral development banks (MDBs) in 2015, according to the 2015 Joint Report on Multilateral Development Banks’ Climate Finance, released Tuesday. This included $25 billion of MDBs’ direct climate finance, combined with a further $56 billion from other investors.

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