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The loan will fund renewable projects in emerging markets, including Morocco, Poland and Vietnam
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The World Bank highlights the risk of a dual energy shock as the Middle East conflict compounds existing disruptions, potentially leading to significant oil price increases and global economic impacts
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The proposal would see shipping firms pay into a climate fund depending on the level of carbon their fleets emit
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This follows his refusal to admit fossil fuels have caused the planet to warm
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It is considering a move away from a country-focussed lending model – which it has adopted since its creation
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The Hydrogen for Development Partnership will help catalyse significant financing for hydrogen investments in developing countries over the next few years
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Proceeds of the bond will support climate-smart projects including clean energy, green banking and energy efficient buildings in developing economies
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David Malpass has been labelled a ‘climate denier’ by many for not accepting the human impact on climate change
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It will come into effect from the 1st May, with the aim of raising $45bn
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World Bank Green Bonds support the financing of projects in member countries that meet specific criteria for low carbon and climate resilient growth
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First signs of internal climate migration could emerge as early as 2030, a new report finds
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Its new Climate Change Action Plan seeks to prioritise action in key systems, including energy, agriculture, food, water and land, cities, transport and manufacturing
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