The guarantee will go to the Innovative Finance Facility for Climate in Asia and the Pacific, a leveraged guarantee mechanism for climate finance announced by ADB.
Britain said the guarantee could unlock $1.2 to $1.8 billion in climate financing and would help achieve the United Nation's Sustainable Development Goals. / Photo: Reuters Archive
The guarantee will go to the Innovative Finance Facility for Climate in Asia and the Pacific , a leveraged guarantee mechanism for climate finance which was announced in May by the Asian Development Bank.
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