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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which organisation has unveiled 200 billion US Dollars in climate action investment for 2021 to 2025, adding that this amounts to a doubling of its current five-year funding?

A	New Development Bank
B	Asian Infrastructure Investment Bank
C	World Bank
D	Asian Development Bank

Explanation:

Detailed explanation-1: -The Climate Change Action Plan 2021–2025 aims to advance the climate change aspects of the WBG’s Green, Resilient, and Inclusive Development (GRID) approach, which pursues poverty eradication and shared prosperity with a sustainability lens.

Detailed explanation-2: -We design, implement, and monitor the actual adaptation and GHG reduction projects that the global community needs for effective climate action across the developing world.

Detailed explanation-3: -The Climate Change Action Plan 2021–2025 aims to advance green, resilient, and inclusive development by enhancing support for WBG clients to integrate climate into their development strategies.

Detailed explanation-4: -Our goal is to increase our own long-term investments in climate-related projects by 50 percent by 2020. To do so, we aim to move into new climate markets, create new investment vehicles, and increase internal tools and support.

There is 1 question to complete.