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World Bank Ups Funds to Tackle 'Existential Threat' of Climate Change

The World Bank will give equal weight to curbing emissions and helping poor countries deal with the "disastrous effects" of a warming world as it steps up investments to tackle climate change in the first half of the 2020s, it said on Monday. The bank and its two sister organizations plan to double their investments in climate action to about $200 billion from 2021-2025, with a boost in support for efforts to adapt to higher temperatures, wilder weather and rising seas. The...

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