Japan Contributes to World Bank Climate Programs

Japan has pledged USD100 million to support the World Bank’s two newest climate change programs. Of the sum, USD40 million will be directed to the bank’s renewable energy initiative, which is also supported by Norway, the Netherlands, Switzerland, the U.K. and the United States. The remaining USD60 million will go to the Forest Investment Program, whose other donors include Denmark, the U.K., the U.S., Australia and Norway.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.