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Thursday, 09 February 2017 10:00

ADB climate operations reach a record

ADB climate operations reach a record

The Asian Development Bank (ADB) approved $3.7 billion in climate finance investments in 2016, according to recently released figures — marking a 42% boost from the $2.6 billion reached in 2015. Besides, ADB remains committed to scaling up its climate financing to $6 billion by 2020, ADB President Takehiko Nakao, Caspian Energy News (www.caspianenergy.net) reports with reference to the press statement of the Asian Development Bank.

More details: https://www.adb.org/news/adb-climate-operations-reach-record-37-billion-2016

Person in charge of the newsline: Jeyhun Bayramov

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