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JAPAN GOVERNMENT AMONG THE 11 COUNTRIES,PLEDGED FUNDS TO TACKLE CLIMATE CHANGE.

A group of advanced economies have pledged $11 billion in new funding commitments to boost the World Bank's lending capacity by up to $70 billion over a decade.
The 11 countries- including the United States, Germany and Japan committed the funds to three lending instruments designed to increase capacity and allow the World Bank finance $70 billion over a decade to tackle climate change, pandemics and other global challenges.
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https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.lbcgroup.tv/news/world-news/767401/world-bank-wins-11-bln-in-pledges-to-boost-lending-for-global-crises/en&ved=2ahUKEwj92-q7r9CFAxX4-wIHHVc6BBwQFnoECB0QAQ&usg=AOvVaw0rWG2z9WX77k2CdQ3eqrn3




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  • Kevin

    4 w

    Commendable work by these economies pledging funds for a noble cause

    1
    • winnie nguru

      4 w

      They deserve all the praise

      1
      • George Kariuki

        4 w

        It's good to see Japan and other developed countries contributing funds. Hopefully this is just a starting point and other countries will join the effort.

        4
        • Munene Mugambi

          5 w

          The pledged funds should be directed towards impactful projects addressing climate change, pandemics, and other global challenges, prioritizing sustainability, resilience, and equitable access to resources. It is the only way to make a considerable change

          4
          • walter lungayi

            5 w

            This reflects a collective commitment to addressing environmental challenges. This demonstration of support signifies a concerted effort to mitigate the impacts of climate change and underscores the importance of international cooperation in combating this global issue.

            4
            • Munene Mugambi

              5 w

              @walter_lungayi I think when we come together as countries have through this pledge, we can make great steps in the right direction as long as we are willing to make these concessions in terms of resources.

              2
            • Elizabeth Gathigia

              5 w

              This is bold move, more countries should join in the fight, to curb climate crisis

              9
              • Munene Mugambi

                5 w

                @elizbeth_gathigia By more countries you mean more finds should be allocated to fight climate change in the budgets by each nation. To ensure we'll always have enough funds for research and other climate related activities

                2
              • DIPANJANA MAULIK

                5 w

                Surely, this is a great step.

                9

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