New Development Bank must drive clean energy innovation

From The Climate Group. An alternative to the World Bank & IMF! No there’s two! “A new US$100 billion development bank and emergency reserve fund will be established by the BRICS countries, whose leaders made the pledge at their annual diplomatic summit. The BRICS alliance, which is made up of Brazil, Russia, India, China and South Africa, stated a commitment to provide financial support to sustainable development initiatives and infrastructure projects, at the sixth BRICs Summit which was held in Fortaleza, Brazil, yesterday.”

 

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