Multilateral Banks: Essential Partners in Financing the Fight Against Global Warming – Here’s How They Operate

As climate change increasingly brings about severe weather disasters, countries around the globe are grappling with the urgency to adapt to its new realities. The financial burden of preparing for and mitigating the impacts of hurricanes, floods, heat waves, droughts, and wildfires is staggering, estimated to reach hundreds of billions of dollars for adaptation alone....