Shaukat: World Bank climate finance shouldn't impact poverty

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Shaukat: World Bank climate finance shouldn't impact poverty

Rania Al-Mashat, Minister of International Cooperation, said that the World Bank Group's commitment to allocate a percentage of annual funding to projects related to climate action is commendable, but this should not be at the expense of funding the basic development challenges of eradicating poverty and promoting shared prosperity, which requires supporting the structuring of projects and enhancing their financability. A minister delivered [...]