Select Page

Following a retreat held in Washington at the IDB headquarters, on the sidelines of the International Monetary Fund and World Bank spring meetings, the MDBs said the agreed plan involves “joint steps to work more effectively as a system” to take action on climate change.

  • Updated On Apr 21, 2024 at 01:18 PM IST

WASHINGTON, – The Inter-American Development Bank on Saturday said leaders of 10 multilateral development banks committed to take action in five critical areas, including additional lending headroom totaling $300-400 billion over the next decade.

Following a retreat held in Washington at the IDB headquarters, on the sidelines of the International Monetary Fund and World Bank spring meetings, the MDBs said the agreed plan involves “joint steps to work more effectively as a system” to take action on climate change.

(Reporting by Marcela Ayres; editing by Dan Burns)

  • Published On Apr 21, 2024 at 01:15 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETBFSI App

  • Get Realtime updates
  • Save your favourite articles

icon g play

icon app store


Scan to download App
bfsi barcode

Share it on social networks