‘China’s World Bank’ plans to triple climate change lending by 2030 ...Middle East

Receive free Asian Infrastructure Investment Bank updates We’ll send you a myFT Daily Digest email rounding up the latest Asian Infrastructure Investment Bank news every morning. The Asian Infrastructure Investment Bank, Beijing’s answer to the World Bank, is set to unveil a “climate action plan” this week that will become its top priority and spur a sharp increase in financing. “The global fight against climate change will be won or lost in Asia,” said Danny Alexander, vice-president for policy and strategy at the AIIB, in an interview with the Financial Times. “The majority of emissions come from Asian countries.” The focus on climate lending reflects the AIIB’s

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