Development banks' climate funding hits record, but World Bank pullback looms

(VAN) Multilateral development banks ​committed a record $162.5 billion in climate financing last year but ‌targets for poorer nations could be at risk after the World Bank's decision last month to abandon key goals.

Developing countries ‘will need $2tn a year in climate funding by 2030’

(VAN) Report co-written by Nicholas Stern says figure required to switch away from fossil fuels and cope with extreme weather impacts.