TOKYO -- The Asian Development Bank intends to allocate 55% of its financing toward addressing climate change by the end of the decade, up from less than 40% now, Nikkei has learned.
Climate Change
Asian lender ADB to raise share of climate loans to 55% by 2030
Development bank to expand funding sources and private-sector partnerships
Workers help a driver stranded during a flood that hit Hong Kong in September. Warming has proceeded faster in Asia than other regions. © Reuters
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