Asian Development Bank to launch flagship initiatives at COP27

DUBAI, 31 October 2022, (TON): Emirates News Agency reported “the Asian Development Bank has announced plans to launch several flagship initiatives at the COP27 climate conference.”

The bank said “the conference comes at a critical time as Asia and the Pacific deal with the ramifications of increasingly intense weather events caused by climate change.”

It pointed out that COP27 provided an opportunity for the global community to come together to decarbonize on a large scale while also significantly expanding concessional and grant resources to developing countries.

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