Mon, 2023-02-13 12:49 DUBAI: For every $1 in grant money that the World Bank receives, it will mobilize $10 of its capital to invest in climate action, Makhtar Diop, managing director of the International Finance Corporation, told the World Government Summit on Monday. “If we manage to have a bit more of investment of grant money, then we will be able to multiply investment significantly,” Diop told CNN’s Becky Anderson in a session titled “Investing in a sustainable future: the role of climate finance.” Anderson said the climate crisis is one of the most pressing issues of our time.Main category: Middle-East
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