Development Banks Pledge $120 Billion in Climate Finance by 2030
![Development Banks Pledge $120 Billion in Climate Finance by 2030](https://www.bnnbloomberg.ca/resizer/v2/SQM7OFQJB7AQTN5NUL7ZPEBCJI.jpg?smart=true&auth=61471fb5b918c2e2b226f1d68121756c63fc7bb3b3ffd733d8f9eea360919773&width=1200&height=630)
(Bloomberg) -- The world's largest multilateral development banks announced a new goal on Tuesday at the COP29 talks in Azerbaijan to raise $120 billion in annual climate finance for developing nations by the end of the decade. The pledge highlights undefined