Pledges to a World Bank facility that helps developing nations fight climate change should be raised to at least $120 billion, says Kenya's President William Ruto. .
Donors will make their cash pledges to the International Development Association , a World Bank institution that offers loans with low interest rates and long tenures, at a conference to be held in Japan in December. IDA lending operates on a three-year cycle, which is usually preceded by donors making their contributions at a global meeting.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: