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Can Asian economies afford the cost of climate-change? | DW News

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One of Asia's largest development lenders says its new climate-financing-program could help unlock funding for projects throughout the region. The Asian Development Bank saying the facility could raise 15 billion Dollars in new loans by using loan-guarantees to free up capital from its sovereign loan portfolio. The announcement came at the beginning off the development bank's annual meetings in Incheon. Trade relations and the economic picture across Asia and the Pacific are expected to be a focus of the gathering.

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Category
Europe
Tags
DW News, ADB, Climate Change
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