(INT) South Asia and Pacific to receive $80bn for climate action

Priyanka Shrestha | Energy Live News | 04/08/2018

Countries in the regions are said to be at the highest risk of plummeting into deeper poverty and disaster

Countries in South Asia and the Pacific are to receive $80 billion (£61bn) in climate financing over the next decade.

The Asian Development Bank (ADB) will provide the funding under its new ‘Strategy 2030’ to help fight the disastrous impacts of climate change.

It says countries in Asia and the Pacific are at the highest risk of plummeting into deeper poverty and disaster if mitigation and adaptation efforts are not quickly and strongly implemented.