Climate Finance by Multilateral Development Banks Hits Record in 2023
Multilateral development banks (MDBs) announced that their global climate finance reached a record high of 125ドル billion in 2023. The combined total last year from institutions, including the Asian Development Bank, is more than double the amount provided in 2019, when MDBs announced their ambition to increase climate finance levels over time at the United Nations Secretary General’s Climate Action Summit.
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How Glacial Melt Affects Water Across Asia
Glaciers in the Hindu Kush Himalayas feed major rivers across Asia, but they are melting rapidly due to climate change. This could bring a future of water stress, frequent hazards, biodiversity loss, and food insecurity.
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