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Maroc Maroc - CARIBBEANNEWSGLOBAL.COM - A La Une - 30/Aug 11:48

Financial sector at a crossroads in emerging markets: Climate risks and financing gaps demand action

WASHINGTON, USA – In almost 60 percent of banks in Emerging Market and Developing Economies (EMDEs), lending for climate-related investment accounts for less than 5 percent of their overall portfolios, and more than one-quarter offer no climate financing at all, according to a new World Bank report. This is significant because in developing economies, banks dominate […]

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