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World Bank Abandons 45% Climate Funding Target Amid Global Climate Concerns

The World Bank abandoned its target for 45% of funding to be climate-friendly, which could undermine global efforts to combat climate change. This decision affects climate action because it signals a

Q&A: How will the World Bankโ€™s abandoned finance goal affect climate action?
Carbon Brief โ€” 3 July 2026
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The World Bank has abandoned a target for 45% of the funding it gives developing countries to be climate-friendly, a move that could undermine efforts

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